- Banks 'Should Charge For Current Accounts' Sky News - 32 minutes ago
High street banks will need to start charging for current accounts to prevent mis-selling scandals, a senior policymaker has advised.Andrew Bailey, the executive director of the Bank of England and whose ...
- Consumers remain loyal despite dissatisfaction Telegraph - 20 hours ago
More than half of consumers have never switched current accounts, despite being disappointed with poor customer service.
- Rupee has more downside - Lombard Odier Reuters - Wed, May 23, 2012 12:08 BST
By Charmian Kok SINGAPORE (Reuters) - The rupee, Asia's worst performing currency this year, still has room to fall further after policy missteps by a struggling government, said Swiss private bank Lombard ...
- Utility customers penalised for paying in cash Telegraph - Mon, May 21, 2012 17:07 BST
Customers that pay their utility bills by cash are being charged £100 a year more than those that pay by direct debit.
- India pitches for Fitch upgrade after S&P blow Reuters - Thu, May 17, 2012 13:24 BST
By Matthias Williams NEW DELHI (Reuters) - India's economic growth story is intact and the current account deficit under control, senior Finance Ministry officials told a team from global ratings agency ...
- Sensex likely to drift to 15,000: BofA-Merrill Reuters - Wed, May 16, 2012 06:28 BST
Reuters Market Eye - The Bank of America-Merrill Lynch says expects the Sensex to drift to its 15,000 target given economic growth and current account concerns. It adds business confidence is below the ...
- UPDATE 1-TD Bank settles US overdraft fee case for $62 mln Reuters - UK Focus - Fri, May 11, 2012 23:27 BST
* Canadian bank settles class-action case * BofA, RBS' Citizens unit, JPMorgan also settled (Adds details from settlement, background, byline) May 11 (Reuters) - Toronto Dominion Bank agreed topay $62 ...
- Careful savers boost bank balances Telegraph - Tue, May 8, 2012 08:50 BST
Careful savers have managed to increase their balances to the highest levels in nearly two years, despite the tough economy, a study has found.
- UBS's appeal to wealthy helps it shrug off fall in profit Telegraph - Wed, May 2, 2012 15:24 BST
UBS reported strong flows of money into its flagship private bank, underscoring the Swiss bank's appeal as a haven for the world's wealthy and supporting the company's move away from investment banking....
- UPDATE 4-UBS shares jump as private bank proves its appeal Reuters - UK Focus - Wed, May 2, 2012 14:19 BST
* Q1 net 827 million francs vs f'cast 1.11 billion * Private bank wins 6.7 billion francs in net new assets * Cuts risk-weighted assets by roughly 30 billion francs * On track to achieve target 2 bln francs ...
- UPDATE 3-UBS shares jump as private bank proves its appeal Reuters - UK Focus - Wed, May 2, 2012 10:17 BST
* Q1 net 827 million francs vs f'cast 1.11 billion * Private bank wins 6.7 billion francs in net new assets * Cuts risk-weighted assets by roughly 30 billion francs * On track to achieve target 2 bln francs ...
- RBI's rupee defence gets fresh jolt from S&P Reuters - Tue, May 1, 2012 04:33 BST
By Suvashree Dey Choudhury MUMBAI (Reuters) - The Reserve Bank of India's battle to contain a falling rupee just got tougher. The current account deficit is widening and a weak global investment climate ...
- UPDATE 2-Brazil's Rousseff presses banks to cut lending rates Reuters - UK Focus - Tue, May 1, 2012 02:42 BST
* Private banks have room to cut lending rates - Rousseff * High Brazil interest rates must fall to internationallevel * Government aims to boost economy through consumer spending (Recasts, adds details) ...
- Distressed companies on overdraft brink Telegraph - Mon, Apr 30, 2012 18:58 BST
Nearly one in three companies say they are “regularly” reaching their overdraft limit, highlighting rising signs of financial distress among businesses.
- RBI's rupee defence gets fresh jolt from S&P Reuters - Mon, Apr 30, 2012 10:35 BST
By Suvashree Dey Choudhury MUMBAI (Reuters) - The Reserve Bank of India's battle to contain a falling rupee just got tougher. The current account deficit is widening and a weak global investment climate ...
- Exports data seen undermining rupee Reuters - Mon, Apr 30, 2012 05:32 BST
Reuters Market Eye - India due to report trade data on Tuesday, when markets are closed. Data comes at a time of deepening concerns about India's negative current account balance. * Credit Agricole expects ...
- Cabinet allows raising pvt bank voting rights to 26 pct Reuters - Fri, Apr 27, 2012 05:03 BST
NEW DELHI (Reuters) - The cabinet approved raising voting rights of stakeholders in private banks to 26 percent from 10 percent, a senior minister said on Thursday, in a long-awaited boost for the banking ...
- Cabinet allows raising pvt bank voting rights to 26 pct Reuters - Thu, Apr 26, 2012 15:24 BST
NEW DELHI (Reuters) - The cabinet approved raising voting rights of stakeholders in private banks to 26 percent from 10 percent, Information and Broadcasting Minister Ambika Soni said on Thursday, in a ...
- Emirates NBD private bank CIO Dugan to join Coutts - sources Reuters - UK Focus - Thu, Apr 26, 2012 10:32 BST
DUBAI, April 26 (Reuters) - Gary Dugan, the chief investmentofficer of Dubai lender Emirates NBD's private bankingarm has resigned to join Royal Bank of Scotland unitCoutts in Singapore, two sources familiar ...
- Emirates NBD private bank CIO Dugan to join Coutts - sources Reuters - Thu, Apr 26, 2012 10:32 BST
By Dinesh Nair DUBAI, April 26 (Reuters) - Gary Dugan, the chief investmentofficer of Dubai lender Emirates NBD's private bankingarm has resigned to join Royal Bank of Scotland unitCoutts in Singapore, ...
- RBS Citizens settles overdraft-fees case for $137.5 mln Reuters - UK Focus - Wed, Apr 25, 2012 21:10 BST
* Royal Bank of Scotland unit settles class-action case * Second-largest settlement of US overdraft litigation * BofA settled for $410 million, JPMorgan for $110 million April 25 (Reuters) - Citizens Financial ...
- S&P cuts India outlook; investment rating in peril Reuters - Wed, Apr 25, 2012 12:13 BST
By Neha Dasgupta and Tony Munroe MUMBAI (Reuters) - Standard & Poor's cut India's credit rating outlook on Wednesday to negative from stable, reflecting the toll that hefty fiscal and current account deficits ...
- S&P sees India's current account gap widening in FY12 Reuters - Wed, Apr 25, 2012 09:20 BST
REUTERS - Standard & Poor's said it expects India's current account deficit to widen to 3.7 percent in the financial year 2011/12 that ended in March, compared with 2.6 percent the year ago. Earlier on ...
- TEXT: S&P cuts India outlook to negative from stable Reuters - Wed, Apr 25, 2012 08:29 BST
(The following statement was released by the rating agency) India's investment and economic growth have slowed, and its current account deficit has widened, resulting in a weaker medium-term credit outlook. ...
- GEITHNER SAYS CHINA, OTHERS WITH CURRENT ACCOUNT SURPLUSES, NEED Reuters - UK Focus - Sat, Apr 21, 2012 14:00 BST
GEITHNER SAYS CHINA, OTHERS WITH CURRENT ACCOUNT SURPLUSES, NEEDTO STIMULATE DOMESTIC DEMAND, ALLOW MORE EXCHANGE RATEFLEXIBILITY TO REBALANCE GLOBAL GROWTH
- 2011/12 current account gap seen at 4 pct of GDP: secretary Reuters - Thu, Apr 19, 2012 08:38 BST
NEW DELHI (Reuters) - India's current account deficit is expected to touch 4 percent of GDP in the 2011/12 fiscal year that ended in March, the worst in at least eight years because of a widening trade ...
- Research and Markets: Willingness to Pay for UK Current Accounts - Creating More Direct Revenue Streams from Current Accounts Will Be Vital To Banks Business Wire - Tue, Apr 17, 2012 18:21 BST
DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/d86cf31a/willingness_to_pay ) has announced the addition of the "Willingness to Pay for UK Current Accounts" ...
- RBI seeks economists' views as inflation worries persist Reuters - Tue, Apr 10, 2012 16:13 BST
By Neha Dasgupta and Shamik Paul REUTERS - The Reserve Bank of India (RBI) on Tuesday reiterated its concerns on inflation and a widening current account deficit in a meeting with economists a week before ...
- UPDATE 2-Japan Feb current account balance swings back to surplus Reuters - UK Focus - Mon, Apr 9, 2012 02:42 BST
* Feb current account surplus falls 30.7 pct yr/yr * Feb surplus follows record deficit in January * Analysts expect current account to stay in surplus (Adds graphic link, details) TOKYO, April 9 (Reuters) ...
- UPDATE 1-Japan Feb current account balance swings back to surplus Reuters - UK Focus - Mon, Apr 9, 2012 01:43 BST
* Feb current account surplus falls 30.7 pct yr/yr * Feb surplus follows record deficit in January * Analysts expect current account to stay in surplus (Adds quotes, details) TOKYO, April 9 (Reuters) - ...
- Hinduja private bank to boost commods finance team Reuters - Thu, Apr 5, 2012 18:24 BST
By Emma Farge GENEVA (Reuters) - Hinduja Group's Swiss-based private banking arm said on Thursday it plans to double its commodity trade finance team by hiring five new staff. The Indian family-owned conglomerate ...
- Private bank investor appetite ruffles bond market Reuters - Fri, Mar 30, 2012 09:17 BST
By Umesh Desai HONG KONG, March 30 (IFR) - Private bank investors aresnapping up the lion's share of many new bond issues - and thatis causing grumbles about inflated order books andunderperformance in ...
- Microsoft seizes servers in Zeus cyberfraud Reuters - Tue, Mar 27, 2012 04:31 BST
(Reuters) - Microsoft Corp claimed a victory in efforts to combat online banking fraud, saying it had confiscated several servers used to steal login names and passwords, disrupting some of the world's ...
- Microsoft seizes servers in Zeus cyberfraud Reuters - Mon, Mar 26, 2012 20:48 BST
(Reuters) - Microsoft Corp claimed a victory in efforts to combat online banking fraud, saying it had confiscated several servers used to steal login names and passwords, disrupting some of the world's ...
- Microsoft seizes servers in Zeus cyberfraud Reuters - Mon, Mar 26, 2012 20:33 BST
(Reuters) - Microsoft Corp claimed a victory in efforts to combat online banking fraud, saying it had confiscated several servers used to steal login names and passwords, disrupting some of the world's ...
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