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(Repeats Thursday story without change) By Alexander Smith DAVOS, Jan 22 (Reuters) - Europe's bankers defended the big bank model this week in Davos as the mounting cost of regulation puts a question mark over its future. Big complex banks must now hold far more capital than in
Read moreBy Alexander Smith DAVOS, Jan 22 (Reuters) - Europe's bankers defended the big bank model this week in Davos as the mounting cost of regulation puts a question mark over its future. Big complex banks must now hold far more capital than in the past because they are seen as posing highe
Read more* Number of customers switching banks up 12 pct in 2014 * Santander biggest net gainer of customers in Q2, 2014 * Barclays and Co-operative Bank lost most customers By Matt Scuffham LONDON, Jan 22 (Reuters) - The number of Britons switching bank accounts grew by 12 percent
Read more* Fok, 36 years at Li's group, behind most big deals * Fok planned the group overhaul announced on Jan. 9 * He is Hong Kong's top tax payer for 5 years -report * Has a reputation as a fast, persuasive negotiator By Denny Thomas HONG KONG, Jan 22 (Reuters) - In late s
Read more(Adds details of exchange with lawmaker in final three paragraphs) LONDON, Jan 21 (Reuters) - Britain's vast foreign exchange markets need more regulation in the wake of a currency rate-fixing scandal that landed global banks with heavy fines last year, a lawyer who investigated the case sa
Read moreLONDON, Jan 21 (Reuters) - Britain's vast foreign exchange markets need more regulation in the wake of a currency rate-fixing scandal that landed global banks with heavy fines last year, a lawyer who investigated the case said on Wednesday. Anthony Grabiner, speaking to British lawmakers, s
Read moreJan 20 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com. HSBC The bank appointed Jan Masek and Oskar von Kretschmann in its mergers and acquisition (M&A) and institutional sa
Read moreJan 20 (Reuters) - HSBC appointed Jan Masek and Oskar von Kretschmann in its mergers and acquisition (M&A) and institutional sales teams in Germany. Masek, who was appointed the co-head of M&A Germany, joins from JPMorgan, where he was head of corporate finance and M&A for Switzerland, HSBC
Read more* 93 percent of adults have a cash savings account * Watchdog decides not to ban "teaser rates" * Study found that big banks paid worst interest rates (Adds more detail) By Huw Jones LONDON, Jan 20 (Reuters) - Britons get poor value from many cash savings accounts, findi
Read moreLONDON, Jan 20 (Reuters) - Britain's savers get poor value from many cash savings accounts, finding it hard to switch to rival providers, the Financial Conduct Authority said in a market study on Tuesday. The watchdog said it should be easier for consumers to compare and switch between acco
Read moreBy Huw Jones LONDON, Jan 19 (Reuters) - Badly run banks in Britain will be forced to hold substantially more capital until they can show that internal risks are under control, the Bank of England said on Monday. The BoE's Prudential Regulation Authority (PRA) published a consultation
Read more(Repeats story published late Friday; no changes to text) By Anirban Nag and Steve Slater LONDON, Jan 16 (Reuters) - The Swiss franc shock reverberated through currency trading firms around the world on Friday, wiping out many small-scale investors and the brokerages that cater to the
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Mitie's shares have fallen but not as fast as those of outsourcing rivals such as Serco and Balfour Beatty, Danny Fortson pointed out in the Sunday Times. Matthew Earl, a former City analyst who writes a blog, criticised Mitie for buying companies to compensate for its own slow progress and for the
Read more(Adds details of Leucadia/FXCM deal) By Anirban Nag and Steve Slater LONDON, Jan 16 (Reuters) - The Swiss franc shock reverberated through currency trading firms around the world on Friday, wiping out many small-scale investors and the brokerages that cater to them and forcing regulat
Read more(Recasts, adds Barclays, details of losses) By Anirban Nag and Steve Slater LONDON, Jan 16 (Reuters) - The Swiss franc shock reverberated through currency trading firms on Friday, dealing the heaviest blows to those catering for small-scale retail clients and forcing regulators to tak
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