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Financial Times: Financial Services

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    Global Finance: World's Bests

    IBT: Financial Services

    Reuters: Financial Services & RE

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    The Economist: Financial Services

    The Guardian: Banking

    • newAsic boss James Shipton faces questions over former Goldman Sachs role and 1MDB scandal
      Australia’s top corporate regulator worked at bank when it handled bond deals that raised $6.5bn for Malaysian fundAustralia’s top corporate regulator is facing questions in parliament about his role at the investment bank Goldman Sachs when it b…
      - 1 hour ago, 20 Feb 19, 2:02am -
    • newFear of Barclays executive pay cuts prompted Qatari deal, court hears
      Former chairman says ability to offer board ‘competitive rates’ would have been compromised by UK bailoutBarclays’ board worried that executive pay would be cut if the lender failed to raise private funds and succumbed to a government bailout a…
      - 14 hours ago, 19 Feb 19, 1:22pm -
    • newHSBC warns of weak global economic outlook
      Bank’s revenue down 8% as CEO blames Chinese slowdown, trade tensions and BrexitHSBC has warned about a weaker global economic outlook, as the slowdown in China, trade tensions and fears around Brexit hit its revenues towards the end of the year.Eu…
      - 19 hours ago, 19 Feb 19, 8:05am -
    • Most shoppers say Brexit has not affected spending habits
      People in pro-leave areas of Britain have tended not to curb expenditure, finds PwC surveyBritish consumers are preparing to carry on shopping despite the mounting political chaos over Brexit, according to a survey, even as business leaders increasin…
      - 1 day ago, 19 Feb 19, 1:01am -
    • NatWest apologises for 'vegans should be punched in the face' comment
      Bank issues statement after worker makes remark during call from woman seeking loanNatWest has apologised after a customer who called the bank to apply for a loan was told by a bank worker “all vegans should be punched in the face”. Related: Want…
      - 2 days ago, 18 Feb 19, 11:59am -
    • Problem gamblers are using PayPal to spend up to £150,000 a day
      Addiction experts say time lag is being exploited to circumvent bank limitsPayPal has been accused of letting problem gamblers spend up to £150,000 a day, prompting concerns that addicts are using the online payment system to circumvent bank limits.…
      - 3 days ago, 17 Feb 19, 1:03pm -
    • Banks could easily stumble over Brexit and buybacks
      Many lenders may report decent results this week. But this is no time for long-suffering shareholders to relaxThere is an old Lloyds Bank television commercial featuring those darlings of the 1980s sitcom, Jan Francis and Nigel Havers.Francis’s cha…
      - 3 days ago, 17 Feb 19, 1:59am -
    • Are banks guilty of faking signatures on British court papers?
      A new campaign group claims the practice is taking place on an ‘industrial scale’Have some banks, or their legal representatives, been faking signatures on UK court documents used to repossess people’s homes and to recover other debts?It’s a…
      - 4 days ago, 16 Feb 19, 2:29am -
    • RBS warns of Brexit damage despite profits more than doubling
      Figure of £1.6bn means bank records second straight year of profit since 2008 state bailoutRoyal Bank of Scotland has said Brexit uncertainty has “gone on far too long”, despite posting better-than-expected full-year profits and declaring new di…
      - 5 days ago, 15 Feb 19, 6:04am -
    • One in 10 support quick sale of government's RBS stake, poll finds
      Shares in bank are worth less than half what was paid at time of £45bn bailout in 2008Fewer than one in 10 people support a quick sale of the government’s majority stake in Royal Bank of Scotland, while two-thirds worry the bank will fail to serve…
      - 6 days ago, 14 Feb 19, 5:45am -

    The Guardian: Finacial Sector

    • Banks close thousands of ‘money mule’ accounts, MPs told
      Fraudsters target young people on social media to use their accounts for illegal endsBanks are closing tens of thousands of accounts a year in the UK as fraudsters increasingly use social media to lure young people into becoming “money mules”, MP…
      - 7 days ago, 13 Feb 19, 12:49pm -
    • Financial markets seem lost in the fog of Brexit | Nils Pratley
      The Bank’s gloomy forecast sent the pound down but it rose again – despite the threat of recessionMark Carney could just as easily have shrugged his shoulders and declared that, like the rest of us, he hasn’t a clue how Brexit will work out. In…
      - 13 days ago, 7 Feb 19, 2:12pm -
    • North to south, the seeds of division in Brexit Britain were sown long ago | Ian Jack
      Industrial decline began in the 19th century, when scorn for manufacturing set in. But delusions of greatness continueThe Australian writer and academic Donald Horne is best remembered in Britain for his vivid summation of one of its largest division…
      - 18 days ago, 2 Feb 19, 1:00am -
    • 'Decline in quality': auditors face scrutiny over string of scandals
      In recent years, major audit firms have failed to spot key problems. We list the most prominent cases Britain has a good claim to be the birthplace of the modern audit profession. Yet more than 150 years after being forged in the heat of the industri…
      - 19 days ago, 1 Feb 19, 1:00am -
    • So just when, exactly, will the City press the no-deal panic button? | Nils Pratley
      Given the ever-ticking Brexit clock, the air of complacency in the markets is extraordinary At what point do financial markets start to panic about the risk of a no-deal Brexit? In theory, you’d think it would be about now. We have, after all, just…
      - 21 days ago, 30 Jan 19, 3:00pm -
    • Deloitte fined £400,000 over company linked to scandal-hit 1MDB
      Malaysian regulator says firm failed to report irregularities in Islamic bond programmeDeloitte has been fined 2.2m ringgitt (£415,000) by Malaysian regulators for failures in its audit of a firm linked to the scandal-ridden state fund, 1MDB.The Sec…
      - 21 days ago, 30 Jan 19, 10:59am -
    • No-deal Brexit: UK firms 'praying' for article 50 extension, says KPMG
      CBI says business is ‘stuck in neutral’ with low confidence and diverted investment hurting firmsBritish firms are “praying for an extension to article 50” rather than face a no-deal Brexit as it emerged that foreign investment has fallen ste…
      - 23 days ago, 27 Jan 19, 7:01pm -
    • The best investment of the past 35 years? Sadly, it was cigarettes
      British American Tobacco has made big gains but RBS has stayed flat, new analysis revealsThis month the FTSE 100 is 35 years old. When it launched in 1984 it was a true barometer of UK commercial and industrial talent, but now only 30 of the original…
      - 25 days ago, 26 Jan 19, 2:45am -
    • Davos: head of IMF warns against rising fat-cat pay
      Christine Lagarde urges world’s financial sector to find greater purpose and slams lack of women at top of bankingThe head of the IMF has warned against fat-cat pay after noticing an increase in executive rewards across the banking sector.Christine…
      - 27 days ago, 24 Jan 19, 12:44pm -
    • Metro Bank shares crash after loans blunder revealed
      Hundreds of millions wiped off value of company after it says loans were given wrong statusMetro Bank has revealed a major blunder in how it classifies its loan book, an admission that drove its share price down by nearly 40% on Wednesday, wiping £8…
      - 28 days ago, 23 Jan 19, 1:14pm -

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