Banks are fighting to shore up capital in the face of substantial enforced capital requirements, set out by Europe's Basel III and the UK's financial industry banking reform, which will make lending suffer more.
Savers and taxpayers to be protected from banking crises under new plans, but government softens on capital buffers for global lenders
Visionaries from Wonga.com, FundingCircle.com, TransferWise.com and Index Ventures discuss the rise of 'Modern Money'.
UK retail giant Marks & Spencer Group Plc to challenge rival Tesco with banking service offer
Grexit talk gets real as EU Leaders meet the low expectations set at Brussels dinner summit
Ben Ryan's England have bigger fish to fry on the eve of the Marriott London Sevens
Europe's biggest bank surprises with solid earnings, takes $2.6bn debt charge
HSBC Holdings Plc generated a return on shareholders' equity of 10.9 percent during 2011 and it expects that by the end of 2012 it will develop a clear route towards meeting its target of 12-15 percent by the end of 2013.
Standard Chartered unveils another quarter of income growth, following increased consumer and wholesale banking operations and double digit income growth in Hong Kong, China, Malaysia and Indonesia.
The Government has confirmed that millions of victims of payment protection insurance (PPI) mis-selling
As Barclays' CEO Bob Diamond admits to "mistakes" linked to swap sales, a German law firm with a winning track record in mis-selling cases is courting UK clients
HSBC confirms culling another 2,217 UK jobs as new banking regulation and cost-cutting push it to wield headcount axe
Exxon Mobil tops the Forbes' list of Global 2000 companies.
March's warm weather might have helped Marks and Spencer as shoppers were encouraged to buy into spring clothing collections. While the older and wealthier customers are becoming more confident about their finances.
Capital fund to support grassroots social projects including libraries and post offices.
Barclays Bank has topped the list of Britain's worst banks according to customer complaints yet again as the number of its dissatisfied customers continues to rise, according to regulator the Financial Services Authority (FSA).
New Banking Watchdog says global financial system
The pair will develop, manufacture and sell cars in China to the country's expanding middle class as luxury car demand increases.
Premier Oil, an independent exploration and production company, has estimated its average production for the FY 2011 was in line with the guidance at 40.4 kboepd, compared to 42.8 kboepd in 2010.
Taylor Wimpey, the homebuilding company, says that it is too early to judge the market for the year as a whole, but the early weeks of trading in 2012 have followed the encouraging patterns of the second half of 2011, with good visitor levels, healthy reservations and low cancellations.
Banks with Asian focus hit by rising wage bills from regional expansion though strong growth boosts revenues.
Britain’s FTSE 100 index ended lower 56.40 points or 1 per cent at 5,871.51 on Wednesday, though investors digested the latest second round of a European Central Bank long term liquidity operation.
