Search Results for: Lloyds
KPMG faces disciplinary formal complaints over audit concerns
September 7th, 2016
The Financial Reporting Council’s (FRC) Executive Counsel has delivered disciplinary formal complaints under the Accountancy Scheme and the Actuarial Scheme in connection with the conduct of KPMG LLP, Mr Mark Taylor, Mr Anthony Hulse, members and a member firm ...
FTSE 100: Losers of 2015 are Winners of 2016
July 26th, 2016
Mining stocks rose from the bottom to the top in 2016; becoming the biggest FTSE 100 winners of 2016, reversing their losing streak of 2015. Falling commodity prices dragged down mining stocks in 2015, and it is the oil price ...
Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
Moody’s downgrades outlook on 12 UK banks following UK vote to leave the EU
June 29th, 2016
Moody’s Investors Service has today changed the outlooks on the ratings of 12 UK banks and building societies. Simultaneously, the rating agency has changed the outlook on the UK banking system to negative from stable. The actions follow a ...
FTSE 100 propelled higher by strong Asian lead
May 31st, 2016
U.K. stocks kicked off the holiday-shortened trading week slightly higher, with investors taking inspiration from Asia, where Chinese stocks surged by the most in almost three months. The FTSE 100 index UKX, -0.17% rose 0.2% to 6,283.68, setting it on track for ...
Android Pay launches in the UK
May 19th, 2016
Google’s Android Pay has launched in the UK, enabling millions of Brits to make contactless instore and in-app payments with their handsets. Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank, MBNA and Nationwide Building Society are ...
TradingScreen announces Leadership Changes
May 19th, 2016
TradingScreen, the leading independent provider of liquidity, trading, and investment technology via SaaS, announced the creation of an Executive Committee consisting of three long time Board members, Piero Grandi, Pierre Schroeder and Robert Trudeau, to oversee the operations of ...
Europe Shares Rise With Banks as Investors Speculate on Fed Hike
May 19th, 2016
Fed presidents said that at least two hikes may be warranted Burberry retreats after reporting drop in annual earnings Banks propelled a rebound in European stocks, while investors weighed the possibility of the Federal Reserve increasing interest rates sooner ...
FRC to publish HBOS findings in the Spring
March 31st, 2016
Britain’s accounting watchdog aims to publish a full report in coming weeks into how banking group HBOS was audited by KPMG before the lender collapsed in 2008 during the financial crisis. The Financial Reporting Council (FRC) has come ...
Overall complaints fell by 1.4%, driven by a reduction in complaints related to current accounts and savings accounts. PPI complaints rise
March 31st, 2016
Financial services firms received 2.11 million new complaints between July and December 2015, according to new complaints data published today by the Financial Conduct Authority. Overall, there was a decrease of 1.4% in the number of complaints compared to ...
