Metal production firm's $300 million funding boost The Star ... and North East Corporate Banking Team. The Rotherham-based international business, which is part of the Dutch AMG group, has production facilities in Brazil, China and Poland, as well as the UK , and can trace its history back almost 75 years.
Continue reading...10. August 2011
Mortgage lending increases by half at city branch Portsmouth News Mrs Hayes added: 'There is no culture of bonus payments and we only deal with locally-based businesses and individual banking customers so we can get to know them very well indeed. 'There is a growing network of 105 branches in the UK now and the ...
Continue reading...9. August 2011
The Guardian Cost of insuring British bank debt hits credit crunch levels The Guardian Quotes to insure Lloyds Banking Group debt against default were also higher, in moves that one senior analyst described as "irrational" – although he noted that there was a lot of uncertainty about regulatory change in the banking sector. ...
Continue reading...9. August 2011
The Guardian (blog) UK riots: the key facts and figures The Guardian (blog) Who is so scared that they only feel comfortable reporting about the deprived inner city areas, leaving out the city new banking and financial heart??? Deplorable scenes throughout Britain, please have a read of our blog, The Starr Blog for our ..
Continue reading...8. August 2011
Telegraph.co.uk Riots: the underclass lashes out Telegraph.co.uk The causes of recession set out by JK Galbraith in his book, The Great Crash 1929, were as follows: bad income distribution, a business sector engaged in “corporate larceny”, a weak banking structure and an import/export imbalance. ... London riots may mean you are safer staying in the office than going home eFinancialCareers UK VisitBritain plays down London unrest TravelMole Looters' “run on the police” deals blow to trust FT.com (blog) all 12,996 news articles
Continue reading...6. August 2011
This is Money Bailout alert for Cyprus alarms savers in Britain This is Money 'The bank comfortably passed the European Banking Authority stress tests in July 2011, where it was ranked 24 out of 90 participating banks,' he says.
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Proactive Investors UK FTSE 100 news summary: RBS, Aviva, Cairn Energy, Lloyds, Rexam Proactive Investors UK UK insurance group Aviva PLC (LON:AV.) did well during the first half. The company announced slightly-higher-than-forecast results for the first half to the end of June 2011 this week. Lloyds Banking Group PLC (LON:LLOY) revealed that it swung to a ..
Continue reading...6. August 2011
Galvan's Week-Ahead: US Debt Triple AAA or Triple XXX Proactive Investors UK But in the current climate investors tend quite understandably to be focused on the negative, a stance hard to avoid in the wake of the 30000 job cuts announced by fellow banking giant HSBC (LON:HSBA). Indeed, only Standard Chartered (LON:STAN) could ...
Continue reading...5. August 2011
BBC News Driven by debt BBC News For example, the biggest banking group in Northern Ireland, Ulster Bank. Owning a bank sounds nice until you hear that Ulster announced half-year losses on Friday of £566m. And because we own Ulster, we also own the biggest outlet retail park in ..
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BBC News Royal Bank of Scotland posts £794m loss after Greece hit Telegraph.co.uk UK retail banking was stronger and reported a more than doubing year-on-year in operating profits to £1.03bn, however this was not enough to offset the cost of the PPI charge, additional impairments on toxic assets and the writedown on Greek debt. ... Greek debt crisis sparks Royal Bank of Scotland losses The Sun RBS Shares Dive Wall Street Journal RBS Swings to Loss on Greek Writedowns Bloomberg 4-traders (press release)
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10. August 2011
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