Entries tagged "Libor"

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RBS: Will need longer for branches sale

The Edinburgh institution says it probably won't meet the EC's year-end deadline for selling 316 branches it must shed in exchange for state aid clearance. Continue reading

Posted on February 28, 2013 9:57 AM

Barclays to prune mainland European, Asian operations

CEO Jenkins pins the lender's future on the U.K., U.S. and Africa as he announces the outcome of a strategic review. Continue reading

Posted on February 12, 2013 9:04 AM

Barclays to merge African operations with Absa

The $2.1 billion deal will lift Barclays' stake in the renamed Barclays Africa Group to more than 62%. Continue reading

Posted on December 6, 2012 8:27 AM

In Washington, more of the same could shake status quo

The pressure to avoid the fiscal cliff will force the White House and Congress to break the policy logjam. Continue reading

Posted on November 9, 2012 4:08 PM

Barclays to buy ING Direct UK

The deal fuels expectations the scandal-hit U.K. institution will shift the balance of its business away from investment banking. Continue reading

Posted on October 9, 2012 8:12 AM

Britain sets out Libor reform ideas

A British government-commissioned review of Libor and Euribor warned Friday, August 10  that retaining the current system unchanged is "not an option," and proposed far-reaching reforms and stronger sanctions to tackle abuse.The review, headed by Financial Services Authority managing director... Continue reading

Posted on August 10, 2012 12:30 PM

Full RBS nationalization still a long shot

A mid-summer report brought the renewed specter of a full nationalization, but an informed source dismissed the prospect. Continue reading

Posted on August 2, 2012 11:19 AM

The handwringing over London

The Financial Times continues its worrying over the fate of London as a financial center today. Continue reading

Posted on July 30, 2012 12:07 PM

Lawmakers charge Libor inaction by Geithner

Republicans repeatedly question whether regulators failed to take the information about Libor's problems seriously enough and step in forcefully enough Continue reading

Posted on July 26, 2012 10:30 AM

The father of Libor: 'Individual responsibility either works or it doesn't'

'The whole system was based on good faith,' Zombanakis said. 'You start with the assumption that people act as gentlemen.' Continue reading

Posted on July 26, 2012 9:19 AM

VIDEO: Conversations on Europe: Libor and British banking

Join The Deal Pipeline's editor in chief Robert Teitelman and editor at large Matt Miller as they discuss the meaning of the Libor scandal for British banking as well as the long-term consequences of being a major financial capital like London and New York. Continue reading

Posted on July 20, 2012 11:38 AM

Conversations on Europe: Libor and British banking

Join The Deal Pipeline's editor in chief Robert Teitelman and editor at large Matt Miller as they discuss the meaning of the Libor scandal for British banking as well as the long-term consequences of being a major financial capital like London and New York. Continue reading

Posted on July 19, 2012 11:15 AM

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