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banking crisis

U.S. dollar notes are seen in this picture illustration

The new deal is a bad old deal

10/07/2020(0)
So far, the current economic situation, together with the response by major governments, compares with the run-in to the depression of the 1930s. Yet to come in the repetitious ... Read More
kpmg

KPMG is facing a battle to remain as auditor to the Bank of England

06/11/2017(0)
KPMG is facing a battle to remain as auditor to the Bank of England‎ as rivals plot to end its decade-long tenure in the prestigious role. Sky News has ... Read More
monte-dei-paschi-di-siena

Italy formally takes control of Monte dei Paschi

05/07/2017(0)
The Italian government took control of Banca Monte dei Paschi di Siena on Tuesday, injecting EUR5.4 billion ($6.1 billion) into the troubled lender as part of a broad plan ... Read More
gold

Gold price boosted set for its best month since June

31/01/2017(0)
Gold price traded above $1,200 and set to head for its best month since June. Gold on January 30 opened at 1194.60 and closed at 1196.00 with a daily 41% ... Read More
Monte dei Paschi bank

World’s oldest bank is on the point of collapse

18/07/2016(0)
Italy’s third-largest and the world’ oldest bank, Monte dei Paschi de Siena, is on the point of collapse unless it receives state support. Its failure could spark a banking ... Read More
shell

Shell to launch its own offshore legal centre

31/05/2016(0)
In the latest twist to the offshoring saga, and following news last week that two global 100 firms are to outsource to Poland and Manila, Royal Dutch Shell is ... Read More
FSCS1-1030x769

FSCS announces its final levy for 2016/17 at £337m

26/04/2016(0)
The Financial Services Compensation Scheme (FSCS) has announced its levy for 2016/17. FSCS will levy £337m in this financial year, £26m less than forecast in its Plan and Budget ... Read More
HMRC

Seven big investment banks in UK paid just $30 million tax in 2014

29/12/2015(0)
Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of ... Read More
Bulgaria-bank

Bulgarian Government Urged to Solve Banking Crisis

05/08/2014(0)
Bulgaria is dealing with its worst banking crisis since the 1990’s as the European Union and international investors have issued warnings about the fate of one of the country’s ... Read More
banco espirito santo

Portugal will finance $6.6 billion to rescue Banco Espirito Santo

04/08/2014(0)
It was a few months ago that Lisbon has exited an international bailout and now Portugal is planning to spend 4.9 billion euros in order to rescue Banco Espirito ... Read More
Broker Cyprus TopFX