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3Vote!

FTSE 100 held back by banks

News Alert 2 December 2009 Company: Royal Bank of Scotland Group (RBS:LSE) Frequency: Immediately December 02, 11:25am FTSE 100 held back by banks London equities eased back on Wednesday, with strength in the mining sector countered by losses among bankssector on talk of slowing revenue. http://www.ft.com/cms/s/e1b42efe-df0e-11de-be8e-00144feab49a.html © THE FINANCIAL...

3Vote!

G20 protester jailed over attack on bank HQ

A PROTESTER who tried to set fire to Royal Bank of Scotland's London headquarters during the G20 riots was jailed for two years yesterday.

3Vote!

UPDATE 2-Italy seeks derivatives trial for banks - source

MILAN, Nov 12 (Reuters) - An Italian prosecutor asked on Thursday that four foreign banks and 13 people be tried for aggravated fraud over derivatives from a 1.68 billion euro ($2.52 billion) bond issued by the city of Milan, a court source said.

3Vote!

FSA shows its new tough side as it fines Swiss bank a record £8m

BRITAIN'S financial regulator slapped an £8 million fine on Swiss banking giant UBS yesterday for failing to stop former employees making unauthorised trades with customer

5Vote!

The Dubai Debt Binge--second recession dip starting now?

... systems are more invested in Dubai than the US, from first reports. UK banks--Barclay's, Lloyds, Bank of London, HSBC-- saw a quick $14 billion get wiped out. Dubai in Deep Water as Ripples from Debt Crisis Spread , TimesOnlineUK (Nov. 27,2009). Maybe banks should start paying a little more attention to what they are lending to support? Dubai has built an empire on shifting sand, out of...

3Vote!

UK Retailers plugging into Foursquare

... section of the Foursquare site, so far the list in the UK looks like this: + Bea's of Bloomsbury (London, UK) + Dose Espresso (London, UK) + Hummus Bros - Holborn (Camden Town, Greater London) + Hummus Bros. (London, UK) + Kaffeine (London, UK) + Paul A Young Fine Chocolates - Bank (London, UK) + Paul A Young Fine Chocolates - Islington (London,...

4Vote!

Former UBS Employee Banned, Fined $58,000 by FSA Over Unauthorized Trades

Nov. 13 (Bloomberg) -- A former client adviser at UBS AG was banned and fined 35,000 pounds ($58,000) by Britain’s financial regulator for his part in unauthorized trades that led to the bank receiving an 8 million-pound fine last week.

5Vote!

Euro Zone Pulls Out Of Recession

European Central Bank LONDON -- After five consecutive quarters of economic contraction, the euro zone economy finally grew by 0.4% in the third quarter to mark the region's exit from the worst recession since World War II. Leading stocks in Europe were trading flat and the euro was up slightly against the dollar following the data, which was lower than the 0.5% growth expected by economists....

3Vote!

Forum for Stable Currencies

Forum for Stable Currencies Advocating Economic Democracy through Freedom from National Debt Convenor: Lord Sudeley FSA; Host: Lord Ahmed; Chairman: Austin Mitchell MP Sponsors: James Gibb Stuart, Ossian Publishers; Barbara A. Panvel, New Era Coalition Organiser: Sabine K McNeill, Director, 3D Metrics; Facilitator: Brad Meyer, Collaboration Ltd 30 October 2009 Mervyn King, Esq. Governor Bank...

3Vote!

The Poetry of Extortion: The City Cab Co. of Hays, Kansas, & The 21 Club of Buffalo, NY

In his essay "Business and Poetry," Dana Gioia wonders why "[t]here have been many important American poets who supported themselves—either by necessity or choice—by working in business, but none of them has seen it as an experience fit to write about." T.S. Eliot didn't write about Lloyd's Bank of London. Wallace Stevens didn't write much about insurance. A.R....

3Vote!

Tate Tate Tate Tate.

Once upon a time on a chilly morning of yesterday, a group of BND media students went on a quest to arrive at South Bank, London to explore Tate modern museum and the surrounding areas to take photos. After hour or so drive where a prank call to the sex helpline was made, these very [...]

3Vote!

FSA fines UBS £8 million

LONDON (Reuters) - The financial watchdog dealt a fresh blow to UBS's credibility, fining the Swiss bank 8.0 million pounds for unauthorised trades by London-based employees.