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Taxpayers’ bank RBS pays two execs £10m

13.08.09
Fury over new rules aimed at controlling City bonuses as taxpayer-funded Royal Bank of Scotland spends more than £10m hiring two executives from rival banks... more

Lloyds sells Insight for £235m in latest shake-up

12.08.09
Lloyds Banking Group today struck a deal to sell off its Insight Investment Management arm to Bank of New York Mellon for £235 million as part of a major shake-up of its asset management operations. ... more

Lloyds sells Insight to Mellon for £235 million

12.08.09
Lloyds Banking Group has sold its fund management arm Insight to the Bank of New York Mellon for £235 million ... more

Leading shares rally after Mervyn King’s recessionary words

12.08.09
Leading shares rallied from opening falls after the Governor of the Bank of England, Mervyn King, moved to reassure stock market investors that cheap money would be swilling around the economy for sometime to come... more

Shares fall at RBS as results put brakes on recovery hope

07.08.09
Royal Bank of Scotland shares tumbled 8% as hopes that the banking crisis is over and the economy might quickly return to health faded ... more

Citi’s upbeat earnings view keeps the Footsie buoyant

23.07.09
The end of the global earnings recession is in sight, according to heavy-hitting broker Citigroup ... more

Banks pay back $68bn in major US shake-up

09.06.09
The American banking industry will undergo a radical shake-up tonight, as the government made it clear which institutions it regards as strong and which as fundamentally weak ... more

Barclays fund arm sale may hand boss a £12m windfall

15.05.09
Barclays president Bob Diamond could get a £12.5 million windfall if the bank decides to sell its entire fund management arm Barclays Global Investors, rather than just its iShares offshoot ... more

US bank stress tests sort weak from strong

07.05.09
A line was drawn between America’s strong and weak banks as Washington published results of stress tests on 19 US financial institutions ... more

Tchenguiz pubs default on £275m loans

07.04.09
Robert Tchenguiz’s Globe Pub Company has defaulted on its £275 million of loans, leaving the 420-strong chain with an uncertain future... more

‘Bloodbath’ as banks set to axe 350,000 jobs

21.11.08
Employment: The global financial services industry faces an even bigger bloodbath than previously anticipated with job cuts now expected to hit 350,000... more

Bush copies PM's rescue package with $250bn stake

14.10.08
President Bush has ordered a dramatic change of policy by taking a $250 billion (£143 billion) share in the top US banks... more

Markets see-saw as US takes wraps off rescue

14.10.08
Credit crunch: Shares around the world gyrated as the US government unveiled its giant rescue plan for Wall Street's biggest banks.... more

Darling sends pound diving

01.09.08
The pound has crashed to a record low as the City reacts to Chancellor Alistair Darling's warning on the economy... more

Homes and inflation give pound rough ride

13.05.08
The pound endured roller-coaster ride after grim news on inflation and the housing market... more

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