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Financial Services

EU bonus cap a knock for banks - HSBC

Oct 21 2014 18:15

European rules to cap bankers' bonuses at twice fixed pay are "a retrograde step" that could add to difficulty in recruiting staff to the industry, says HSBC.

Financial Services

Consumers urged to be on scam alert

Oct 21 2014 14:20

Bank customers should be aware of bank-related scams to avoid falling victim to them, the SA Banking Risk Information Centre has said.

Financial Services

ECB looking at corporate bond buys - sources

Oct 21 2014 11:45

The European Central Bank is considering buying corporate bonds on the secondary market and may decide on the matter as soon as December, sources say.

Financial Services

Credibility meets compromise in EU bank stress

Oct 20 2014 10:19

When Europe announced a health check of top banks it promised an assessment of how well prepared they were to withstand another financial crisis.

Financial Services

BoE: Markets may have over-reacted to slowdown

Oct 20 2014 08:59

Investors may have over-reacted to signs of economic slowdown, although they have been right to price in weaker global growth prospects, says the Bank of England.

Financial Services

Old Mutual wealth to buy UK firm for £585m

Oct 17 2014 15:45

Financial services group Old Mutual's wealth arm is planning to buy UK money manager firm Quilter Cheviot, to strengthen its focus on richer clients.

Financial Services

BoE defends banker accountability law

Oct 17 2014 08:43

Britain's banks are over-reacting to rules aimed at making senior officials accountable for breaches which happen on their watch, says a top regulator.

Financial Services

Goldman Sachs profits jump on robust mergers

Oct 16 2014 16:15

US investment bank Goldman Sachs has announced a big increase in quarterly earnings thanks to robust merger advising activity and higher trading revenues.

Financial Services

Bank of America reports $70m loss

Oct 15 2014 15:00

Bank of America reported a $70m third-quarter loss. following a $5.3bn charge to settle mortgage securities litigation.

Financial Services

Banks battle to stem cyber crime

Oct 14 2014 19:44

Banks are fighting an uphill battle to protect themselves and their client accounts from cyber attacks and social media isn't making the fight any easier.

Inside Fin24.com


Now you can tweet money transfers too

Oct 14 2014 18:43

One of France's largest banks has launched a service to allow its customers to transfer money to other people via tweets on social network Twitter.

Financial Services

Citigroup profits up as it exits bank markets

Oct 14 2014 17:52

Citigroup has reported higher third-quarter quarterly earnings on a big jump in revenues as it unveiled plans to exit consumer banking in 11 markets.

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