|
|
|
Gordon Brown has demanded that credit and store cards slash interest rates, calling this week for a "new responsible approach" to lending. He wants to "bring the credit-card industry in to talk" while his officials dubbed its...
Nick Goodway, Evening Standard Two giant banks - Citigroup and Royal Bank of Scotland - are poised to axe 13,000 jobs as the credit crisis deepens. The Wall Street and Canary Wharf-based bank has lost more than $20bn in the...
A hedge fund that bet against the collapse of Northern Rock was thrown into fresh turmoil after losing £2billion in the financial crisis. In a bleak trading update, RAB Capital revealed that the money it invests for clients has...
THE Government will manage the taxpayer’s multi-billion-pound stakes in some of the UK’s biggest banks on an “arm’s length” basis rather than through direct boardroom control, it was revealed yesterday.
