News

Government adviser reveals his frustration at talk of bank kindness to zombie businesses

RBS is 80 per cent taxpayer-owned

Libor-rigging scandal: RBS to pay nearly £400m to regulators

Royal Bank of Scotland was today hit with fines totalling £391 million by regulators in the UK and US for its role in rigging the key Libor interest rate market over five years.

James Moore: No cheers for the bean counter or the client

Outlook It's not often that you feel sympathy for a bean counter, but Tuesday almost provided an exception when Cattles announced plans to sue its former auditor PricewaterhouseCoopers.

Editorial: No more gentleman's agreements in the Square Mile

It is not as if any more evidence of shady practices at Britain's banks was needed to illuminate the culture of arrogance, greed and disregard for the law that played so central a part in the financial crisis. Yet still such evidence comes.

Margareta Pagano: If Jenkins wants our trust, he needs to say sorry

The Square Mile: After the latest bombshells, the Barclays CEO cannot expect to regain his bank's tattered reputation unless he says, and does, the right things. Plus: Footsie's joyful January leaves market watchers perplexed

Mis-selling scandal: banks let off the hook

Exclusive: FSA ‘bows to the banks’ with £1.5bn ceiling on payouts

Five Questions About: Platforms

Is this something to do with train stations?

Antony Jenkins, Barclays’ chief executive, said yesterday he would not take any bonus for 2012

Barclays faces further blow to reputation amid warning bank could face criminal charges over 2008 bailout

Barclays is facing yet another blow to its already tarnished reputation after it emerged that the bank could face criminal charges over a 2008 bailout.

Barclays’ chiefs face quiz over Middle East fundraising

Barclays’ chief executive Antony Jenkins and its chairman Sir David Walker will face a grilling by politicians early next week after fresh allegations were made about the bank’s Middle East fundraising in 2008, which enabled it to avoid a Government bail-out.

Barclays faces Qatar lending investigation

Scandal-hit Barclays is reportedly under investigation over allegations it lent Qatar money to invest in the bank in 2008 as part of an emergency cash call to avoid a Government bailout.

Banks face £1.5bn payout for mis-selling interest rate products

Watchdog says that 90 per cent of cases it reviewed showed that rules had been broken

Another rip off by the big four? Barclays, HSBC, Lloyds and RBS 'broke rules' with sales of interest rate hedges to small businesses

Britain’s big four banks suffered another blow today as they were ordered to review all interest rate hedging products they may have mis-sold to small businesses.

The banks are accused of charging up to 18 per cent for loans

Another hefty compensation bill: Banks face new wave of mis-selling payouts

Britain's scandal-hit banking industry was facing another hefty compensation bill today after a review of complex products sold to small businesses found more than 90% had been mis-sold.

Julian Knight: Clear message to insurance industry - offer a better deal

After buying your home, an annuity is probably your biggest financial purchase, but few of us take more than a few minutes to sign on the dotted line when it comes to retirement.

Flurry of complaints from customers sees banks' PPI compensation bills soar

Banks are set to see their compensation bills for one of the country's biggest-ever mis-selling scandals soar after the Financial Ombudsman Service said customer complaints about payment protection insurance (PPI) had more than doubled to 11,000 new claims each week in the last three months of 2012.

PPI payouts to soar as appeals reach 11,000 a week

Banks are to see compensation bills for one of the country’s biggest mis-selling scandals soar after the Financial Ombudsman Service today said customer complaints about payment protection insurance had more than doubled to 11,000 new claims each week in the final quarter last year.

Latest stories from i100
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 1 May 2015
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Russell Brand's interview with Ed Miliband has got everyone talking about The Trews

Everyone is talking about The Trews

Russell Brand's 'true news' videos attract millions of viewers. But today's 'Milibrand' interview introduced his resolutely amateurish style to a whole new crowd
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living
Increasing numbers of homeless people in America keep their mobile phones on the streets

Homeless people keep mobile phones

A homeless person with a smartphone is a common sight in the US. And that's creating a network where the 'hobo' community can share information - and fight stigma - like never before
'Queer saint' Peter Watson left his mark on British culture by bankrolling artworld giants

'Queer saint' who bankrolled artworld giants

British culture owes a huge debt to Peter Watson, says Michael Prodger
Pushkin Prizes: Unusual exchange programme aims to bring countries together through culture

Pushkin Prizes brings countries together

Ten Scottish schoolchildren and their Russian peers attended a creative writing workshop in the Highlands this week
14 best kids' hoodies

14 best kids' hoodies

Don't get caught out by that wind on the beach. Zip them up in a lightweight top to see them through summer to autumn
Robert Fisk in Abu Dhabi: The acceptable face of the Emirates

The acceptable face of the Emirates

Has Abu Dhabi found a way to blend petrodollars with principles, asks Robert Fisk