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Doubts Over Future Profitability At UK Banks

Storm Clouds

KPMG’s 'UK Banks: Performance Benchmarking Report' highlights how profitability at the UK’s largest banks has suffered at the hands of the Eurozone crisis and the significant costs associated with PPI, the bank levy and regulatory requirements.

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Dumb And Dumber

BNY Mellon CEO supported

Nelson Peltz’s Trian Partners is rebuffing a request by fellow activist Marcato Asset Management to remove Bank of New York Mellon Chief Executive Gerald Hassell from his job, the FOX Business Network has learned.