This is from Lloyds Banking Group’s half year statement: The number the press has talked about is a loss of £4 bn (well, £3.957 bn,
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FT.com / In depth – Iceland bank regulator lines up more cases. Iceland’s top financial regulator is preparing to hand over more cases of suspected
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FT.com / Companies / Banks – Banks make $38bn from overdraft fees. US banks stand to collect a record $38.5bn in fees for customer overdrafts
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The Wall Street Journal reports: Chile’s lower house has approved a bill that would allow the national tax service to access Chileans’ bank-account information and
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As the Guardian puts it today: [One] way of looking at this week’s bank results would be that they show up precisely the problems with
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FT.com / UK – Northern Rock sale to be delayed. Alistair Darling, UK chancellor, is expected to delay the sale of the healthy parts of
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FT.com / Companies / Banks – US tax battle weighs on UBS . UBS, the Swiss bank embroiled in a US tax evasion probe, posted
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There is much speculation about the nature of the deal the US has come to with Switzerland over the UBS case and the US demand
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FT.com / Companies / UK companies – HSBC and Barclays ride out global storm. HSBC and Barclays (especially the latter) announced strong profits yesterday. But
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