UK Banking News – From Bad...

September 04, 2011

Amidst all the controversy over UK banks for the part they played in mis-selling payment protection insurance to the tune of billions of pounds, the news for many of those lenders just got worse. Gove...

HSBC Unlikely to Meet PPI De...

August 31, 2011

HSBC was just one of the high street banks which were found to have mis sold PPI and one of those also ordered to clear its backlog of complaints. As that deadline is near, word has leaked that the ba...

Public Outrage over RBS Emai...

August 29, 2011

After just having announced that more than 2,000 staff members would be made redundant due to budget cuts, RBS is again the centre of public outrage as the result of a memo mistakenly emailed to 800 s...

Tough Market Conditions Prom...

August 26, 2011

Amidst market conditions which are tougher than had been forecast, Goldman Sachs has announced that it will be lowering salaries of bankers in London. This decision is in regards to mid-level employee...