Search Results for: Lloyds
Lloyd’s of London moving EU business to Brussels after Article 50 triggered, according to reports
March 31st, 2017
As the UK waits for Theresa May to trigger Article 50 and kick off the Brexit process, Lloyd’s of London has reportedly come to a decision on where to move its EU business. The insurance giant will locate its ...
Pound Sterling Jumps Against Euro, Dollar
March 23rd, 2017
The UK consumer is back, and the British Pound likes it. The ONS has reported on Thursday, March 23 that UK retail sales grew 1.4% in February in what amounts to an impressive recovery on the 1.3% contraction witnessed ...
European loan sales reach €103.3 billion for 2016
February 15th, 2017
Italy had the highest amount of NPLs at €36 billion in 2016 Deloitte expert predicts European loan sales could surpass €200 billion in 2017 Sales of European non-performing loans (NPLs) and non-core assets (NCAs) totalled €103.3 billion in 2016. ...
Inflation to Hurt UK Consumers in 2017?
January 9th, 2017
Ever since the onset of the financial crisis nearly a decade ago, central banks have been struggling to revive inflationary pressures mostly through easy monetary policy. After all, rising prices can shore up demand and allow businesses to rake ...
Android Pay vs Apple Pay: who’s winning the mobile payment battle?
December 22nd, 2016
Apple and Google have been competing in just about every field of technology for some time now – from maps to music – and mobile payments is no exception. Here we’re going to take a close look at how ...
Pound to Euro Rate: Beware a Capitulation Lower
December 15th, 2016
The British Pound is recovering from recent lows against the Euro thanks to some better-than-forecast employment and earnings data but we hear from one leading analysts that the GBP/EUR could be destined to fall as low as 1.11 again. ...
FCA UK unveils successful sandbox firms on the second anniversary of Project Innovate
November 7th, 2016
The Financial Conduct Authority (FCA) today marks the second anniversary of Project Innovate by announcing the firms that were successful in their applications to begin testing in the first cohort of the regulatory sandbox. The regulatory sandbox is part ...
Barclays Bank is the most complaint about firm according to FCA
October 11th, 2016
Financial services firms recorded a 2.6% reduction in new complaints between January and June 2016 compared to the previous six months, according to new complaints data published today by the Financial Conduct Authority. The total number of complaints was ...
Guru Investors Avoided Deutsche Bank And These European Financials
October 10th, 2016
Value gurus mostly exited Deutsche Bank (NYSE:DB) before its stock tumbled this month on news it might have to pay a large fine related to the financial crisis. While many maintain positions in other European banks as fear weighs ...
Ex-HBOS Bankers Accused of Getting Travel, Escorts in Fraud
September 27th, 2016
Defendants mismanaged troubled businesses for their own gain Participants used cash and high-class escorts as rewards Ex-HBOS Plc bankers accepted expensive gifts, luxurious foreign travel and high-class escorts to establish relationships that allowed co-conspirators to take control of troubled ...
