Tag: Banking
Banks see profits wiped out
The major UK banks saw a 45% rise in core profits in 2012, but that hike was wiped out by a mix of regulation and their own mistakes, a KPMG report says.
Funding for Lending has bright start
The Bank of England (BoE) has released the names of 13 banks and building societies taking part in its scheme to boost lending to cash-starved households and businesses.
New Credit Ratings Rules ‘To Help Markets’
Tighter controls on credit ratings agencies should steady volatile markets and cut out conflicts of interest, MEPs have said.
