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HSBC reserves $378m in currency probe

2014-11-03 10:18:21| BBC News | Business | UK Edition

HSBC has set aside $378m (237m) to cover potential costs from investigations into currency trading.

Tags: currency reserves probe hsbc

Banks may be forced to boost reserves

2014-10-31 15:34:59| BBC News | Business | UK Edition

British banks may have to hold more funds to guard against the risk of a future economic downturn

Tags: banks forced boost reserves

RBS reserves 400m for currency probe

2014-10-31 08:31:53| BBC News | Business | UK Edition

Royal Bank of Scotland has set aside 400m to cover costs into possible manipulation of the foreign exchange market.

Tags: currency reserves probe 400m

United Kingdom: Mark Carney: most fossil fuel reserves can't be burned

2014-10-13 14:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The governor of the Bank of England has reiterated his warning that fossil fuel companies cannot burn all of their reserves if the world is to avoid catastrophic climate change, and called for investors to consider the long-term impacts of their decisions. According to reports, Carney told a World Bank seminar on integrated reporting on Friday that the vast majority of reserves are unburnable if global temperature rises are to be limited to below 2C. Carney is the latest high profile figure...

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