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Banks face 1.3bn compensation bill

2013-08-22 09:47:41| BBC News | Business | UK Edition

UK banks agree to set up a scheme to compensate customers mis-sold credit card and ID theft protection products from CPP Group, which could cost up to 1.3bn.

Tags: face bill compensation banks

 

VIDEO: Uncertainty over US bank's plans

2013-08-22 00:01:26| BBC News | Business | UK Edition

The US Federal Reserve has suggested that its financial support for the American economy could be eased, possibly as early as next month.

Tags: video plans banks uncertainty

 
 

Another down day...Fed: Banks need better cushion...Gov: Agriculture disaster in South Carolina

2013-08-20 04:06:47| Agriculture - Topix.net

The Federal Reserve says the nation's largest banks need to do a better job determining how much capital they need to cushion against a future crisis.

Tags: in south carolina banks

 

VIDEO: Ritz Carlton banks on China recovery

2013-08-19 08:40:36| BBC News | Business | UK Edition

Herve Humler, the president of Ritz Carlton explains to the BBC's Sharanjit Leyl why he is optimistic that the recent slowdown in China will be temporary.

Tags: video china recovery banks

 

Top China Stories from WSJ: Banks Feel Strains,...

2013-08-15 05:08:25| Appliances - Topix.net

Chinese Banks Feel Strains After Long Credit Binge : China's banking sector is showing some cracks, as years of rapid credit growth in the country has led to serious debt problems for local governments and companies and numerous white-elephant projects.

Tags: top china feel stories

 

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