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RSSMix.com Mix ID 8249793:British banks can’t be trusted – let’s nationalise them | Owen Jones on BenGummer.net Our finance system is rigged in favour of a crisis-ridden City to reap profits for individuals. It’s time these institutions worked for the good of communitiesSometimes the case for a policy is as overwhelming as the level of […]

RSSMix.com Mix ID 8249793:Chancellor asks for scrutiny of UK bank links to South Africa corruption inquiry on BenGummer.net Alleged ties between wealth Gupta family and President Zuma prompt concern HSBC and others could be exposed to illicit fundsThe chancellor has asked UK enforcement agencies to look into whether British banking groups HSBC and Standard Chartered […]

RSSMix.com Mix ID 8249793:Half of UK adults are financially vulnerable, City watchdog finds on BenGummer.net FCA figures will increase concern among policymakers over how British households will cope with an interest rate riseHalf of the UK population are financially vulnerable, and one in six could not cope with a £50 increase in monthly bills, according […]

RSSMix.com Mix ID 8249793:Fossil fuels win billions in public money after Paris climate deal, angry campaigners claim on BenGummer.net Coal, oil and gas finance from major development banks totalled $5bn in year after historic climate pact, according to estimatesBillions of dollars of public money was sunk in new fossil fuel projects by the world’s major […]

RSSMix.com Mix ID 8249793:IMF warnings on economy will fall on deaf ears among world leaders on BenGummer.net The IMF is seen as a hand-wringing liberal institution making nuanced and technical suggestions in an age of broad-brush solutionsChristine Lagarde, boss of the International Monetary Fund, is expected to deliver a hard-hitting speech at the organisation’s annual […]

RSSMix.com Mix ID 8249793:Brexit transition deal needed by Christmas, says Bank official on BenGummer.net Deputy governor Sam Woods says City firms will start to move jobs and business out of the UK without agreementA top official at the Bank of England has warned the government it has less than 12 weeks to agree a transition […]

RSSMix.com Mix ID 8249793: Foiled £250m Brazil bank robbery ‘would have been biggest in the world’ on BenGummer.net Brazilian police thwart audacious plot in São Paulo involving 500-metre tunnel complete with electric lighting and ventilation systemBrazilian police have foiled an audacious plot to steal £250m ($331m) from a bank in São Paulo via a 500-metre […]

RSSMix.com Mix ID 8249793:City firms urge free trade agreement for financial services after Brexit on BenGummer.net London and Frankfurt will lose out to New York and Singapore if UK and EU do not agree deal, says reportLondon and Frankfurt will lose out to New York and Singapore unless a free trade deal on financial services […]

RSSMix.com Mix ID 8249793:HBOS compensation chief criticised by Noel Edmonds insists he is independent on BenGummer.net Russel Griggs, who has faced vitriol from fraud victims, on the review he is heading for Lloyds and why it is taking so longNoel Edmonds has a major problem with Prof Russel Griggs, the man appointed by Lloyds Banking […]

RSSMix.com Mix ID 8249793:KPMG cleared by watchdog in HBOS audit investigation on BenGummer.net FRC rules out wrongdoing by accountancy firm in reviewing bank’s accounts before financial crisisKPMG has been cleared of any wrongdoing over its auditing of HBOS, which was rescued by Lloyds during the height of the 2008 crisis, after accounting regulators concluded the […]

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