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Started by JoelDalais on 21/12/2015 Motto: Banking or related news articles


Discussion

First Trust Bank (FTB) has announced it is to close half of its branches in Northern Ireland in 2017.

From MIROW on 22.02.2017 at 22:38

On Wednesday FTB said it was starting a "reshaping and investment programme" involving the "consolidation of First Trust Bank's branch network" with the closure of 15 of its 30 branches.

First Trust is one of the so-called 'big four' banks in Northern Ireland.



Russia to clear entire Soviet debt by year-end

From MIROW on 18.02.2017 at 12:53

Despite the costs involved in reacting to NATO expansionism and the antagonistic locating of American missiles along the Russian border it looks like the Federation is on target to clear the Soviet era deficit by the end of 2017

https://www.rt.com/business/377676-russia-pays-soviet-debt/



Fed up of overpaid fat cat bosses while staff struggle to get by? Why not scrap your CEO!?

From MIROW on 18.02.2017 at 10:50

A Swedish firm scrapped their chief executive and are succeeding http://www.bbc.co.uk/news/business-38982715



Williams & Glyn sale should be dropped, UK says

From MIROW on 17.02.2017 at 22:03

RBS could abandon the sale of its Williams & Glyn unit, under government plans, after struggling to offload the small-business lender.

The EU commission still needs to approve the plan, submitted by the UK government.

http://www.bbc.co.uk/news/business-39010555



Official figures, from the Office for National Statistics (ONS), showed retail sales volumes plummetted by 0.3% compared with the 0.9% rise widely expected.

From MIROW on 17.02.2017 at 20:33

http://www.bbc.co.uk/news/business-39002325



Tidjane Thiam to cut thousands more jobs at Credit Suisse

From MIROW on 16.02.2017 at 20:35

Investment bankers in the City will be braced for further pain after it emerged that Mr Thiam, who joined the Zürich-based firm from the FTSE 100 insurance giant Prudential in 2015, is planning to slash between 5,500 and 6,500 staff this year, having already shed some 7,250 employees in 2016 as he forges ahead with a turnaround.

http://www.telegraph.co.uk/business/2017/02/14/tidjane-thiam-cut-thousands-jobs-credit-suisse/



RBS to cut 15,000 jobs?

From MIROW on 16.02.2017 at 20:32

Royal Bank of Scotland is preparing to cut more costs and chop more workers, but played down reports it will cut 15,000 staff in the next round of shrinking.

http://www.telegraph.co.uk/business/2017/02/12/rbs-plays-claim-will-cut-15000-jobs/



Rival branch closures boost Handelsbanken

From MIROW on 16.02.2017 at 20:30

Handelsbanken plans to continue opening branches in the UK even as its bigger British rivals continue to retrench from the high street.

http://www.telegraph.co.uk/business/2017/02/08/rival-branch-closures-boost-handelsbanken-uk/


JohnnyD wrote on 16.02.2017 at 20:36

Good news I say :)


MIROW wrote on 16.02.2017 at 21:39

Agree



RBS accused of fraud and forgery by customers and ex-employee

From MIROW on 15.02.2017 at 22:18

http://www.bbc.co.uk/news/business-38984130


MIROW wrote on 15.02.2017 at 22:19

Former business clients of the Royal Bank of Scotland are accusing the bank of systematically manipulating documents to cover up wrong doing.



New £5 note: Bank to keep note despite animal fat content

From MIROW on 15.02.2017 at 11:46

The new £5 note will not be withdrawn, despite certain groups complaining that it contains small traces of animal fat, the Bank of England says.

The Bank said it had concluded it would be "appropriate" to keep the £5 polymer note in circulation and will also issue the £10 polymer note as planned in September.

Vegans had voiced concerns, as the note contains a small amount of tallow derived from animal waste.

The central bank emphasised that "an extremely small amount of tallow" was used at an early stage of producing polymer pellets, which are then used to create the £5 note.


JohnnyD wrote on 15.02.2017 at 18:10

Can't have your cake and eat it I guess :)



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