Accountancy & Finance
LSBF News
Obama criticises Wall Street’s ‘big bonuses for bankers’ culture
United States President Barack Obama has attacked the risk-taking, big bonus culture of Wall Street, claiming that it poses a…
IPOs in European stock markets begin to lose steam
A flurry of high-value IPOs have kept Europe’s markets busy recently, but it seems interest is cooling off. European markets…
BNP Paribas to pay record $8.9 billion fine
French bank BNP Paribas has been fined $8.9 billion after it admitted helping clients to breach global sanctions. French banking…
Barclays faces charges for alleged “dark pool” fraud
Barclays will be subject to a fraud lawsuit filed by the New York attorney general. New York’s attorney general has…
London Stock Exchange confirms $2.7 billion Russell Investments deal
Russell Investments is about to be acquired by the London Stock Exchange for $2.7 billion. The London Stock Exchange Group…
50,000 customer strong Islamic Bank of Britain seeks to expand its business
With a new chief executive and profit in mind, Islamic Bank of Britain is looking to expand its products and…
Lloyds sells bigger stake in ‘oversubscribed’ TSB IPO
Lloyds has had to sell more of its stake in TSB than anticipated in a highly successful IPO. Lloyds Banking…
Finance, tech and creative industries set to drive London growth
The tech and creative industries will be crucial to London’s future growth, according to a new CBI report. Businesses are…
Bank of England governor Mark Carney warns of early interest rate rise
Bank of England governor Mark Carney suggested last week that interest rates might rise earlier than expected. 12 June’s Mansion…
UK chancellor George Osborne announces tougher finance rules
George Osborne, the UK’s Chancellor of the Exchequer and Second Lord of the Treasury, is set to announce a new…
Barclays develops contactless payment wristbands
Barclays says it will roll out wristbands that can be used for contactless payments in the next few months. It…
Economic boom in sight as global shares hit all-time highs
Recovering economies and low interest rates have pushed world shares to their highest ever levels. World shares were close to…