banks

This week's news... condensed

IFAonline | 25 May 2012 | 14:30

The pick of this week's articles on IFAonline.co.uk...

Stacks of newspapers
spain-flag

Spain takes stake in banking system as crisis deepens

Spain has taken a 45% stake in Bankia, the country's third largest bank, following another day of sharp falls in the country's equity markets and gains in its bond yields.

IFAonline | 10 May 2012 | 08:06
credit

IMF: World faces another credit crunch

The International Monetary Fund (IMF) has warned the world faces a credit crunch similar to that of 2008/09 as the euro crisis forces banks to cut their balance sheets.

IFAonline | 19 Apr 2012 | 07:45

Other banks articles

rbs-logo

Man City owner 'in talks' to buy £10bn stake in RBS

Government body UK Financial Investments is in talks to sell £10bn worth of RBS shares to a consortium of investors led by Sheikh Mansour, the owner of Manchester City Football Club.

IFAonline | 28 Mar 2012 | 07:45
European Parliament

EU set to clamp down on bankers' bonuses

Bankers could see bonuses capped at twice their basic pay and forced to return “golden hellos” if they fail to perform, under draft European rules being drawn up.

IFAonline | 27 Mar 2012 | 14:26
wheatley

FSA sets out rules for PPI mis-selling letters

The Financial Services Authority (FSA) has proposed a set of rules dictating how firms which sold payment protection insurance (PPI) must contact potential mis-selling victims to inform them of their rights.

IFAonline | 06 Mar 2012 | 12:15
northern rock sign

Taxpayers in line for £11bn profit from Northern Rock

The nationalisation and resale of Northern Rock will rake in a profit of up to £11bn for UK taxpayers, it was announced today.

IFAonline | 28 Feb 2012 | 13:30
natwest-sign

Watchdog bans RBS ‘last bank in town’ ads

The Advertising Standards Authority (ASA) has ruled that TV ads for Royal Bank of Scotland (RBS) and Natwest misled consumers.

IFAonline | 15 Feb 2012 | 07:15
Stephen Hester RBS group chief executive

RBS spends £38m on 'clean-up' so far

Royal Bank of Scotland (RBS) chief executive Stephen Hester has revealed the clean-up of the bailed-out bank has so far cost £38m.

IFAonline | 08 Feb 2012 | 10:30
angela-knight-bba

BBA’s Knight: Shareholders should set banker’s pay

Bankers’ pay and bonuses should be set by the bank's shareholders, not controlled by legislation, Angela Knight, the chief executive of the British Bankers Association (BBA) has said.

IFAonline | 08 Feb 2012 | 07:30
banks-montage

Banks urged to reform packaged accounts to stop mis-selling

Banks should allow consumers to select the benefits they want with their packaged accounts to help combat mis-selling of the products, Defaqto has said.

IFAonline | 07 Feb 2012 | 14:30
David Cameron at the World Economic Forum annual meeting in Davos 2010

Unions attack bonuses as Cameron defends business cred

The government should end corporation tax relief on pay and bonuses worth more than £262,000 per year to raise £1.7bn for the public purse, the Trades Union Congress (TUC) has said.

IFAonline | 06 Feb 2012 | 14:00
Ed Miliband of the Labour party

Banks slash bonuses as Miliband attacks pay - papers

Labour leader Ed Miliband will next week launch an attack on bonus culture in all sectors by calling for a Commons vote on the practice.

IFAonline | 03 Feb 2012 | 09:40

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