Search results for ‘Lloyds’
215 items found
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Bob Diamond: the rise and fall of a risk taker
As Bob Diamond resigns as chief executive of Barclays, Channel 4 News charts the career of a top financier who once famously said that the “period of remorse” for banks was over.
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Cameron announces Libor parliamentary inquiry
Prime Minister David Cameron reveals a full parliamentary committee of inquiry, chaired by Treasury select committee chairman Andrew Tyrie, will be set up in the wake of the Libor scandal.
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Bank rate review after Barclays scandal
Ministers order an urgent review of the Libor bank rate after it emerged Barclays had tried to manipulate it. But Labour’s Ed Miliband calls for a full-scale independent inquiry into banking culture.
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Banks admit to more mis-selling
Barclays, HSBC, Lloyds and Royal Bank of Scotland agree to compensate thousands of business customers after the Financial Services Authority finds they mis-sold specialist insurance on loans.
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Bank of England governor criticises banking culture
As the Governor of the Bank of England launches a scathing attack on banks, Bob Diamond, the embattled chief executive of Barclays Bank, says he will not resign.
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Review of criminal powers in wake of Barclays scandal
As the value of bank shares fall sharply in the wake of the Barclay’s banking rates scandal, the government is exploring ways to toughen up the criminal system and Bob Diamond breaks his silence.
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British money funding indiscriminate cluster bombs
It’s four years since Britain signed a treaty outlawing cluster bombs. But British money is still being invested in the foreign firms that make them, as business correspondent Sarah Smith reports.
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Eurozone crisis: how safe are Britain’s banks?
With fears that Spain’s banks may need to be bailed out, Channel 4 News looks at the state of the banking sector in Britain.
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Markets react to Spanish bank concerns
The FTSE 100 index opens 44 points down after Moody’s cuts the credit ratings of 16 Spanish lenders, including the UK arm of Banco Santander.
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Former Rover workers get £3 redundancy payouts
After a seven year fight, former Rover workers are getting just £3 each following the collapse of the UK’s last major carmaker.
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Bank failed over credit crunch says King
Sir Mervyn King has urged the Government not to delay reforming the financial sector and admitted more should have been done to avert the banking crisis.
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Shareholders revolt over Barclays bonus packages
As some Barclays shareholders refuse to back pay packages for top executives, Business Secretary Vince Cable tells Channel 4 News he welcomes the move.
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Benefits of big society bank outweighed by tax proposals
The government’s big society bank launched today. But its chairman has told Channel 4 News that all the good it might do could be outweighed by budget proposals to cap tax relief for philanthropists.
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Fraud fears grow over contactless bank card technology
Millions more British bank customers have been exposed to fraud through the latest credit and debit card technology, writes Channel 4 News technology producer Geoff White.
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Treasury to launch £20bn small businesses scheme
Businesses with a turnover of less than £50m will receive cheaper loans under a government scheme which guarantees £20bn of loans from major high street banks.