Latest UK & Offshore Investment, International Finance and Savings News



Banks admit they need to do more to limit bonuses but progress is being made, report shows

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News - Banking
Written by Ray Clancy   
Friday, 03 September 2010 08:15

Banks admit that they need to be more open about the size of their bonus pools and the methodology for paying star bankers, after making progress in other areas of reforming pay structures.
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Large number of Scots lack the knowledge to manage their finances, research shows

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News - Banking
Written by Ray Clancy   
Wednesday, 25 August 2010 10:24

Many Scots lack sufficient financial know how to manage their money research for the Scottish government has found.
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Smaller UK banks offer better customers satisfaction, annual survey shows

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News - Banking
Written by Ray Clancy   
Monday, 23 August 2010 10:33

The big high street banks in the UK continue to fall short of customers’ expectations as smaller banks make for happier banking, according to a new survey.

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Overseas equities rallied but investor activity in property market slowed, UK finance assessment suggests

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News - Banking
Written by Ray Clancy   
Tuesday, 17 August 2010 10:19

Overseas equities rallied during July but underperformed the UK market as investor activity slowed in the property market due to a lack of prime stock, according to the latest analysis.
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China overtakes Japan to become world’s second largest economy, figures show

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News - Banking
Written by Ray Clancy   
Monday, 16 August 2010 08:23
In a historic milestone, China has overtaken Japan in the second quarter of 2010 to become the world’s second biggest economy.
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US legal case against world’s largest bank expected to be dropped after Swiss hand over details of account holders

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News - Banking
Written by Ray Clancy   
Tuesday, 31 August 2010 11:11

The US Internal Revenue Service is to drop a closely watched civil lawsuit against the Swiss bank giant UBS after the Swiss government said it was on course to hand over details on thousands of American clients suspected of using their accounts to evade taxes.
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Brits tend to keep their bank accounts longer than their partners, according to a new report

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News - Banking
Written by Ray Clancy   
Tuesday, 24 August 2010 08:22

British people stay with their bank longer than their partners with one in five having the same current account for more than 30 years, research shows.

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Basel dismisses banks’ claims that new rules will cut global output as over dramatic

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News - Banking
Written by Ray Clancy   
Thursday, 19 August 2010 09:29

New bank rules will cut global output only by a small fraction according to the Basel Committee on Banking Supervision and it is a modest price to pay for greater stability.

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New product combining euros and gold launched for investors

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News - Banking
Written by Ray Clancy   
Monday, 16 August 2010 09:27

The international derivatives exchange Eurex is to launch futures and options on Xetra-Gold, the leading exchange-traded commodity (ETC) in Germany by order book turnover.
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It costs more to borrow £5,000 or less, research shows

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News - Banking
Written by Ray Clancy   
Friday, 13 August 2010 08:24

Personal loan rates under £5,000 in the UK have reached a ten year high while loans over that figure are starting to fall, research reveals.

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