Stephen Green will step down from HSBC to be trade minister
By New Statesman - 08 September 8:50

The bank's chairman will step down to take up the post in the coalition government.

MPs under fire from Equitable Life chief
By New Statesman - 07 September 14:53

Chris Wicarson claims MPs have been sending hundreds of suspiciously similar letters to Equitable Li

Bob Diamond appointed Barclays chief
By New Statesman - 07 September 10:53

The American, dubbed 'Britain's highest-paid banker', will take over from John Varley in March.

Equitable Life urges government to honour promise to pensioners
By New Statesman - 06 September 16:08

Directors ask Treasury to reverse coalition government's "disgraceful" renege on full compensation p

SEC charges New Jersey investment adviser with fraud
By New Statesman - 06 September 12:14

Sandra Venetis and three of her firms charged selling phony promissory notes.

RBS to cut 3,500 more UK jobs
By Staff blogger - 06 September 12:11

Bailed-out bank to scrap more IT and back-office roles across the UK.

3,500 more jobs to go in RBS downsizing
By New Statesman - 03 September 13:44

The jobs are being cut from their IT and support service departments.

SEC charges Pinnacle Capital with anti-money laundering rule violation
By New Statesman - 03 September 11:52

The company faces $25,000 in financial penalties.

Nomura expands TMT investment banking team in Asia
By New Statesman - 02 September 12:19

Nomura has appointed new personel in an attempt to develop leadership within the company and provide

Barclays Capital forms equity research platform in Asia ex-Japan
By New Statesman - 02 September 12:06

The new research platform brings together a range of talent and experience from across the industry

UK lenders write-off record £2.1bn credit-card debt
By New Statesman - 01 September 14:53

British households are suffering from the biggest debt burden in the Group of Severn advanced countr

Scotiabank net income up 14%
By New Statesman - 01 September 14:47

CEO Rick Waugh said that the strong results were achieved through "prudent risk and capital manageme

Credit Suisse draws criticism for mid-year bonuses
By New Statesman - 01 September 14:45

Critics claim the unexpected "discretionary leadership awards" are an attempt to avoid tax.

Volker bites: JP Morgan to cease trading on own account
By New Statesman - 01 September 14:34

The Volker Rule, signed into law by President Obama in the Dodd-Frank Wall Street Reform and Consume

Bank of Japan tackles rising Yen
By New Statesman - 31 August 13:46

The central bank's bid to bring down the currency's value through quantative easing measures have le

Neville & Rowe unveil new business intelligence offering
By New Statesman - 31 August 12:50

The financial software company has brought out ImpactEdge, software designed handle large data volum

Swedish watchdog revokes HQ Bank's license
By New Statesman - 31 August 12:44

HQ Bank will no longer conduct banking or any securities business and may be liquidated by the Swedi

Commonwealth Bank enhances banking security for online shoppers
By New Statesman - 31 August 12:36

The Australian bank has introduced a free, single use code sent to the customer's mobile to verify o

Charles Schwab to acquire Windward Investment Management for $150m
By New Statesman - 31 August 12:32

Schwab will acquire WIM's $3.9bn portfolio.

Fiserv unveils new Revenue Expansion program for financial institutions
By New Statesman - 31 August 12:26

The new program will help banks bypass Regulation E, which protects consumers from unfair bank charg

NYSE Liffe receives regulatory approval to provide ATS in Hong Kong
By New Statesman - 30 August 16:03

NYSE Liffe's customers in Hong Kong will get direct and faster access to trading on the London marke

ING to sell 50% stake in ING Summit Industrial Fund to KingSett/AIMCo
By New Statesman - 30 August 16:00

The Dutch financial services firm has agreed to sell its stake in ING Summit, in a deal that values

RBC reports decline in Q3 net income
By New Statesman - 27 August 12:00

The Canadian bank posted a C$290m fall in net income, taking its net income down to C$1.27bn

Zurich fined record £2.28m by FSA for losing customer data
By New Statesman - 25 August 14:47

FSA reveal that Zurich UK "let its customers down badly" when info was lost in transit from South Af

Goldman Sachs selects Lucsan Capital for data migration projects
By New Statesman - 25 August 12:29

Luscan managing director "delighted to play key role in project" following Goldman's extensive marke

European Commission extends liquidity support scheme for Slovenian banks
By New Statesman - 25 August 12:25

Higher premiums to be paid by Slovenian banks for state loans in order to discourage future states d

HSBC in talks for controlling stake in South Africa's Nedbank
By New Statesman - 23 August 16:17

UK bank negotiating with Anglo-South African insurance company Old Mutual for 70 per cent stake in N

Bank of Scotland to cease banking operations in Ireland
By New Statesman - 23 August 12:20

Little opportunity for scalable future growth cited as reason for December 2010 close of Bank of Sco

FINRA fines HSBC for unsuitable sales of CMOs
By New Statesman - 20 August 14:26

US regulatory authority forces bank to pay for mis-handling of consumer interests

FINRA fines Merrill Lynch in UIT sales charge case
By New Statesman - 19 August 15:38

Merrill Lynch fined half a million dollars for failing to provide sales charge discounts