United Kingdom | Thursday, 21 August 2008

Financial Articles

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21. FSA makes management changes
The FSA announced a fresh management shake-up on Wednesday, its fourth major set of changes since the debacle at lender Northern Rock, naming a key executive to lead its financial stability efforts.
17 Mar 2008
22. Standard Chartered CEO sees turbulence continuing
The head of Standard Chartered Bank said on Friday he saw current global market turbulence continuing for several more months.
04 Mar 2008
23. FSA tells firms to record calls
The Financial Services Authority (FSA) today published new rules stating that firms should record telephone conversations and other electronic communications to help "deter and detect market abuse in the UK".
03 Mar 2008
24. FSA says cheap credit era is over
The head of the Financial Services Authority warned on Wednesday that the age of cheap credit may be over. In an interview on BBC radio, Hector Sants, chief executive of the regulatory body, said he did not think financial markets would return to where they were before the global credit crunch which caused turmoil across world markets in recent months.
27 Feb 2008
25. Bank fees rise to record in '07 expect a fall in '08
Investment banks saw the amount they earn in fees rise to record levels for the fifth year in a row in 2007, despite the impact of the credit crunch on major banks.
25 Feb 2008
26. KKR arm in talks after fresh debt repayment delays
KKR Financial Holdings, the listed affiliate of private equity group Kohlberg Kravis Roberts & Co, has delayed repayment of debt backed by mortgage securities for the second time and begun a new round of talks with creditors.
20 Feb 2008
27. Taking the financial pain out of divorce
Valentine's Day might be upon us, but it is a sad reality that half of first marriages and around a third of all marriages end in divorce.
14 Feb 2008
28. Watchdog to launch credit card comparison site
City watchdog the Financial Services Authority (FSA) is to launch an independent Web site to help consumers compare credit cards.
11 Feb 2008
29. Banks face toughest conditions since '90s
Banks are navigating their choppiest waters since the early 1990s and face growing risks including a loss of public confidence, escalating consumer defaults and a rise in financial crime, the regulator warned.
30 Jan 2008
30. FSA warns risk of more financial crime in 2008
The Financial Services Authority (FSA) has warned that more incidents of financial crime may come to light in 2008 and that resources could be diverted away from fighting financial crime, thanks to tighter economic conditions.
29 Jan 2008
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