"Panicking pensioners queued at banks, raided their accounts and broke into a board meeting of the state pension fund yesterday as Greece struggled to pay its two million pension recipients," The Times writes. Labour leader Ed Miliband has ruled out a coalition with the Scottish National Party, sayi
Read moreLONDON, April 30 (Reuters) - A campaign group has begun a legal process that could lead to Britain's tax authority facing a judicial review over its failure to take a tougher line with people alleged to have used accounts with an HSBC unit in Switzerland to evade tax. The February leak of d
Read more* Selling retail business in Turkey a priority -sources * Turkey a difficult market for foreign banks * Political worries have hit confidence in Turkish economy By Asli Kandemir ISTANBUL, April 30 (Reuters) - HSBC faces a tough task selling its loss-making retail arm in Tu
Read more(Repeats to fix corrupted text, and to additional subscriber services) SINGAPORE, April 30 (Reuters) - Singapore's central bank has named three domestic and four foreign lenders in the list of domestic systematically important banks and proposed a regulatory framework for their supervision.
Read more-- Source link: (http://bit.ly/1GIk6mZ) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read moreBy Patrick Graham LONDON, April 29 (Reuters) - After two years of scandal, job cuts and regulatory upheaval, there are signs that banks are ready to invest again in one of their biggest cash cows, foreign exchange trading. First-quarter results from leading banks show all trading stru
Read moreBanking giant HSBC is set to cut approximately 260 jobs in its Swiss division over the next two years, as the business shifts to a new computer system. The London-listed group, one of the biggest lenders in the world, confirmed it was making a strategic investment in a new "core banking platform", a
Read more