Search

Byline: Peter Thal Larsen EUROPE's banks must come clean on their sovereign debt exposures. The 91 lenders that are sitting Europe's stress tests have been asked for detailed information on [...]

Byline: Peter Thal Larsen EUROPE's banks must come clean on their sovereign debt exposures. The 91 lenders that are sitting Europe's stress tests have been asked for detailed information on [...]

Byline: Peter Thal Larsen IN A discussion about size in banking, Andrew Haldane, the Bank of England's executive director in charge of financial stability, makes reference to al-Qaeda, Facebook and [...]

Byline: Peter Thal Larsen IN A discussion about size in banking, Andrew Haldane, the Bank of England's executive director in charge of financial stability, makes reference to al-Qaeda, Facebook and [...]

After a global crisis that has destroyed public confidence in their industry, few senior bankers have the inclination - or the credibility - to speak up about what went wrong. [...]

A Chinese bank that has pioneered lending for energy conservation, emissions reduction and other green projects was named Asia's sustainable bank of the yearat the 2009 FT Sustainable Banking Awards. [...]

BANKS HSBC sounded a cautious note about the recent recovery in the banking sector as a combination of low interest rates and higher bad debt charges dented its firstquarter profits. [...]

UK taxpayer likely to shoulder debt sooner Analysts say Lloyds charges to hit [pounds sterling]20bn British taxpayers could be on the hook to shoulder future bad debt losses at Lloyds [...]

Investors should not assume that a buoyant first-quarter heralds good times ahead, says Peter Thal Larson Increased profits. Buoyant levels of activity. Soaring share prices. Anyone perusing the first-quarter results [...]

Small businesses Essex County Council launched its own banking operation yesterday with a fanfare of publicity and claims of a radical new approach to finance. However, credit-starved Essex entrepreneurs searching [...]

T he worst financial crisis since the second world war has not only forced governments across the western world to step in and rescue giant institutions. Amid the turmoil, there [...]

BANKS Lobby groups unhappy at FSA Ring-fence prospect leads to concern Britain's proposed overhaul of liquidity requirements for banks risks undermining co-operation between regulators and it could damage London's position [...]

On the morning of October 7 last year, Sir Fred Goodwin stood in front of a roomful of investors at the Landmark Hotel near London's Marylebone station. It was three [...]

RBS decision to buy ABN 'bad mistake' The former bosses of the UK's two biggest banking casualties yesterday apologised unreservedly for their banks' near collapse. In a contrite appearance before [...]

Call to consider public opinion amid backlash Business secretary urges self-restraint Banks were warned by Lord Mandelson yesterday that they risked a public outcry if they handed out 'exorbitant' bonuses [...]

News analysis Officials had been concentrating on finalising details of a plan to back heavy losses, writes Peter Thal Larsen Alistair Darling surprised a number of people on Tuesday when [...]

Alistair Darling announced plans yesterday to beef up the boards of banks,. He said the 'front-line defence' against failure in Britain's financial services sector had been overrun in the build-up [...]

Chancellor considers hybrid banking scheme Insurance plan would still be on the agenda Alistair Darling yesterday admitted that taxpayers may have to buy toxic assets from Britain's banks to help [...]

US bail-outs The bail-outs of Citigroup and Bank of America could distort the market if the US companies succumb to political pressure when deciding on loans, a senior executive at [...]

European bank shares staged a sharp recovery yesterday as Barclays of the UK and BNP Paribas of France sought to reassure shareholders while ING revealed a package of support measures [...]

News analysis A little-publicised FSA statement may prove significant for banks, writes Peter Thal Larsen Amid the blizzard of measures unveiled by the UK government and financial regulators this week, [...]

Shares tumble after London unveils rescue Fears rise that lenders face nationalisation The focus of the global banking crisis shifted to Europe yesterday, where shares in banks tumbled after the [...]

Government in talks with company boards State's stake in RBS to be increased to 70% Britain's beleaguered banks were preparing to accept a new bail-out last night as government officials [...]

News analysis Ministers hope a willingness to act will make the need for the protection less likely, writes Peter Thal Larsen The British government is about to write a huge [...]

Concerns US groups will need more help Anglo Irish stock crash forces nationalisation Bank shares tumbled on both sides of the Atlantic yesterday amid intensifying fears Bank of America and [...]

Britain's part-nationalised banks could have the terms of their [pounds sterling]37bn government bail-out relaxed to encourage them to lend more, said Lord Mandelson yesterday. The business secretary's comments could provoke [...]

banks Royal Bank of Scotland, the state-controlled UK lender, is discussing the sale of its [pounds sterling]2bn ($3bn) stake in Bank of China amid a scramble by foreign investors in [...]

Hester discusses fate of [pounds sterling]2bn BoC holding Move signals end to era of rapid expansion Royal Bank of Scotland, the state-controlled lender, is discussing the sale of its [pounds [...]

FSA orders upgrade to ensure compensation Cost likely to fall on big high street names Britain's banks must spend almost [pounds sterling]1bn upgrading their computer systems so that depositors can [...]

Royal Bank of Scotland, the state-controlled UK lender, is discussing selling its [pounds sterling]2bn ($3bn) stake in Bank of China amid a growing scramble by foreign investors in mainland banks [...]

Investors key to easing paralysis in sector Policymakers must talk to investors, says Sands Politicians and regulators must appeal directly to institutional investors if they are to break the paralysis [...]

Bankers are the villains of the modern age. Lenders on both sides of the Atlantic, already burdened with the blame for causing the current financial and economic crisis, are now [...]

Doubts on deferred interest payments Worries over fraud and 'moral hazard' Bankers yesterday pressed the Treasury for clarity on a scheme to let homeowners facing repossession defer interest payments, amid [...]

Interview Eric Daniels Chief executive, Lloyds TSB Not only is the government's intervention costly but its terms are 'punitive', he tells Lionel Barber and Peter Thal Larsen The chief of [...]

PM hints at tougher line in lending crisis Government takes control of RBS Gordon Brown in effect ruled out the wholesale nationalisation of the banks yesterday as the government took [...]

Retailer's failure puts 30,000 jobs at risk MFI is unlikely to survive administration Woolworths fell into administration last night, putting 30,000 jobs at risk and marking the bleakest day so [...]

Package seeks increase in credit to businesses Nationalisation not ruled out, says King Alistair Darling is drawing up a package of measures to boost lending to business, amid warnings that [...]

banks Ackermann aims to reduce leverage Move to restore record profitability Josef Ackermann, chief executive of Deutsche Bank, has sought to soothe fears over the bank's performance by telling senior [...]

Proposals for banks to hold greater reserves Attempt to salvage global framework Plans to make banks hold greater capital reserves and limit the amount they can borrow have been outlined [...]

State will hold [pounds sterling]37bn stake at arm's length Barclays to face more pressure over refusal The state's [pounds sterling]37bn stake in Britain's part-nationalised banks will be held at arms-length [...]

Queries over guarantees for 'failed management' Comments come amid darkening US outlook The state-sponsored bail-outs of western banks risk rewarding management teams for failure, the chief executive of HSBC warned [...]

Informal inquiries to gauge interest Lenders reminded of responsibilities The City is being scoured by the government for experienced bankers to beef up the new 'arm's length' company managing the [...]

banks Predictions [euro]83bn of capital needed Restraints on lending to continue Europe's banks could need an additional [euro]83bn ($105bn) capital injection if the current economic downturn proves to be as [...]

News Analysis Investors in the bailed-out groups might just get a better deal than those in go-it-alone Barclays, writes Peter Thal Larsen When Britain unveiled last month its bail-out of [...]

Ministers want to recoup cash quickly Pressure to ease ban on dividends Britain is examining ways to transfer its stakes in its largest banks to private investors in an effort [...]

The Financial Services Authority has received plenty of criticism since the beginning of the credit crisis - not least the regulator's own damning report on its supervision of Northern Rock, [...]

Government in line to control HBOS and RBS Britain was last night preparing to pump about [pounds sterling]39bn ($67bn) into three of the country's largest banks in a broad-based recapitalisation [...]

HBOS, Lloyds and RBS in bail-out talks Barclays wants time to raise its own capital The government was last night preparing to pump about [pounds sterling]39bn into three of the [...]

Rescue Plan Authorities are pushing for swift recapitalisation in the wake of the bail-out, writes Peter Thal Larsen When chief executives of Britain's leading banks left the offices of the [...]

Possible controlling stakes RBS and HBOS Britain was last night preparing to pump more than [pounds sterling]37bn ($63bn) into four of the country's largest banks in a broad-based recapitalisation that [...]