United Kingdom | Sunday, 23 November 2008

Bank Articles

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81. Banks unlikely to pre-fund scheme
Banks are unlikely to have to come up with money upfront to fund a compensation scheme for victims of bank failures under reforms to be announced by the Treasury later on Tuesday.
01 Jul 2008
82. Confusion is king on next interest rate move
If Bank of England Governor Mervyn King doesn't really know where interest rates will have to go, how can anyone else?
25 Jun 2008
83. Wild oil market bites big Wall St banks
With U.S. stock and bond markets slumping, Wall Street banks have increasingly been counting on surging commodity markets to help their bottom lines. Even oil, once seen as a risky investment, had lately joined gold in some investors' eyes as a "safe haven" play.
20 Jun 2008
84. BoE's Gieve quits as reforms announced
Bank of England Deputy Governor John Gieve announced on Wednesday he is to quit prematurely, just as the government unveils the biggest shake-up of the central bank's financial stability remit in more than a decade.
19 Jun 2008
85. Some Bank of England policymakers considered rate rise
Some Bank of England policymakers considered raising interest rates this month before deciding to join the eight to one decision to keep borrowing costs pegged at 5 percent.
18 Jun 2008
86. Company insolvency numbers to be "worse than expected"
A report by BDO Stoy Hayward has predicted a significant rise in the number of UK companies becoming insolvent in the next two years. The report compiled by accountants and business advisors said the number of insolvencies would be "worse than expected".
17 Jun 2008
87. Inflation jump to trigger Bank explanation
Inflation is expected to have risen further above target in May and prompt the Bank of England to explain why for only the second time since it was made independent in 1997.
17 Jun 2008
88. Barclays considering rights issue
On Monday Barclays said that the possibility of it conducting a rights issue was "under active consideration". The bank said it was confirming the possibility of the rights issue following recent speculation.
16 Jun 2008
89. Bank set on hitting inflation target
The Bank of England will cushion only part of the shock to demand from current credit market turmoil and remains focused on hitting its inflation target, policymaker Paul Tucker said in remarks published on Friday.
13 Jun 2008
90. RBS sells Angel Trains for £3.6 bln
Royal Bank of Scotland (RBS) said on Friday that it had agreed to sell Angel Trains to a consortium lead by infrastructure company Babcock Brown. The deal worth £3.6 billion should help RBS to shore up its capital base.
13 Jun 2008
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