Bank of England job vacancy points to Vickers
It is the most powerful job ever advertised in Britain. It’s not just that the Bank of England Governor sets monetary policy, interest rates for savers and for borrowers.
266 items found
It is the most powerful job ever advertised in Britain. It’s not just that the Bank of England Governor sets monetary policy, interest rates for savers and for borrowers.
Private depositors flee Spanish banks and Catalonia seeks a 5bn euro rescue, heightening fears of a full country bailout.
Current account customers are being charged up to £900 a year for being overdrawn without permission, which “shatters the myth” of free banking.
Standard Chartered shares rebound as British politicians and officials rally behind the bank, blaming protectionist US regulators for attacking London to boost Wall Street’s fortunes.
Taxpayer-owned RBS lost £1.5bn in the first half of the year after an IT meltdown and setting aside funds to compensate customers mis-sold financial products. It now faces fines for Libor rigging.
After kicking off a huge debate on whether cyclists should be forced to wear helmets sparked by a cyclist’s death, British cycling hero Bradley Wiggins denies he called for a change in the law.
NatWest and Nationwide confirm their banking operations have returned to normal after thousands of customers had problems with online banking and debit cards.
Mitt Romney isn’t just meeting political leaders on his visit to London – he’s doing some serious fundraising too. But his trip didn’t get off to the best of starts.
Computer chaos at RBS, rate fixing at Barclays, HSBC used for money laundering. Banking has never been more criticised. So why do the job? Channel 4 News asks those with experience of the industry.
So Paul Moore, formerly responsible for compliance at HBOS and who was sacked after warning in 2004 that the bank’s lending was risky and in serious danger of-heating, has applied to be the Chairman of Barclays. Mr. Moore, whom I met and talked with extensively last week, is unlikely to be hanging around his phone in the expectation of a Barclays call. Although, I have met no one who knows quite so much about where the more noxious of the banking bodies are buried.
The Co-op is riding the ethical banking wave by taking over 632 Lloyds banking group branches. But what makes a bank ethical, and what else is on offer in the UK? Channel 4 News investigates.
Lord Stephen Green, the UK trade minister who ran HSBC when the bank facilitated criminal money laundering, faces calls to reveal what he knew and when.
There were various disgraces in the way the banks treated consumer and businesses with contempt over purchase insurance and interest rate swaps. But the Libor scandal seemed to be a quite incredible.
A “pervasively polluted” culture allowed HSBC to be used by clients in Mexico, Saudi Arabia, Iran and Syria, to launder dirty money around the world, says a US senate committee report.
HSBC was used by ‘drug kingpins’ to launder money, according to a US Senate committee investigating the banks.