United Kingdom | Sunday, 23 November 2008

Bank Articles

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101. Banking worries drag pound down
The fell over half a percent versus the euro and the dollar on Monday, with trouble at Britain's largest buy-to-let mortgage lender Bradford & Bingley rekindling concerns over the health of the financial sector.
02 Jun 2008
102. RBS says trading in line with current guidance
The Royal Bank of Scotland (RBS) has said that its trading is in line with guidance given six weeks ago. The bank said that buy-to-let mortgages represented only one per cent of its UK loan portfolio.
02 Jun 2008
103. Generali pulls out of RBS bidding
On Wednesday the Italian firm Generali said that it would not be bidding for the insurance arm of Royal Bank of Scotland. The news came just a few hours before the first bid deadline for the asset.
28 May 2008
104. Faster banking payment system goes live
A new service that will speed up the processing of banking payments went live on Tuesday.
27 May 2008
105. Judge allows appeal over bank charges
Bank customers could have to wait years to find out whether current account charges are deemed "unfair" after a judge gave banks permission to appeal a ruling against them.
23 May 2008
106. Capital crunch for Europe's banks as writedowns peak
Europe's banks may be through the worst in terms of writedowns on risky assets but their capital positions remain under intense scrutiny as they face falling profits, slowing economies and tough financial markets.
22 May 2008
107. Banks back in court over charges
Banks may launch a legal appeal on Thursday against a ruling that potentially paves the way for current account holders to reclaim billions of pounds in fees.
22 May 2008
108. Bank voted 8-1 for steady May rates
Only arch dove Bank of England policymaker David Blanchflower wanted lower interest rates this month, with the remaining eight Monetary Policy Committee members keen to concentrate on inflation rather than growth.
21 May 2008
109. Buffet not bidding for RBS insurance arm
Berkshire Hathaway Inc will not be making a bid for the Royal Bank of Scotland's insurance arm, it was reported on Friday.
16 May 2008
110. Banks may swap up to 90 billion pound mortgage assets
Banks are set to swap between 80 billion and 90 billion pounds of mortgage-backed assets for Treasury bills, nearly twice the base level set by the Bank of England last month, the Financial Times reported on Friday.
16 May 2008
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