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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.

Hector Sants Chose Right Time To Leave FSA

Wave Goodbye

Many people have been convinced for ages that Hector Sants, chief executive of the Financial Services Authority, would not make the move to the Bank of England, where he was due to be recast next year as the first head of the new Prudential Regulation Authority.




Bitcoin gets a rival-how will it fare ?

A new alternative to bitcoin was launched in London Wednesday with official trading for the technology beginning next week on a global exchange based in Hong Kong.