The Guardian has reported: Shares in Lloyds lost half their value before ending 31% lower at 44.8p. Lloyds’ stock market value is just £6bn –
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The FT has reported: Despite lifting its shareholding in RBS to 70 per cent yesterday, the government is desperate to avoid nationalising another bank and
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Is this the start of a new government bank? The follwoing was issued minutes ago by the Treasury: Mortgages and Northern Rock. The Government will
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The FT has reported: Bank of America will on Friday receive $20bn in fresh capital from the US government and a guarantee on most of
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I think this is pretty amazing: UKFI, run by former Treasury official John Kingman, will this week announce the appointment of four new non-executives to
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Reuters reported this from Washington DC today: Lloyds TSB has agreed to forfeit $350 million (£231 million) to U.S. authorities in connection with charges it
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Dennis Howlett has looked at the developing Satyam scandal in India: There’s an old saying: ‘where there’s a will, there’s a way’ and that is
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The FT has reported that: President Nicolas Sarkozy and Chancellor Angela Merkel on Thursday warned the US and the banking industry not to thwart European
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This is Goldman Sachs unaudited result for the year to 30 November 2008 published 16 December: There’s a line to note: provisions for taxes. $6,005
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