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Tag: banks
Switchers 'moving from big banks'
2015-04-23 12:28:33| BBC News | Business | UK Edition
Major High Street banks are among the biggest losers of customers switching current accounts, figures confirm.
Tags: big
moving
banks
switchers
Deutsche Bank's 1.5bn legal bill
2015-04-22 19:28:49| BBC News | Business | UK Edition
Deutsche Bank says it expects litigation costs of 1.5bn in the first quarter, but it still expects to be profitable.
Tags: legal
bill
deutsche
banks
Banks face competition over accounts
2015-04-21 12:36:23| BBC News | Business | UK Edition
The big four High Street banks are under pressure to offer current account perks as competition in the sector appears to be picking up.
Tags: face
accounts
competition
banks
Boutique banks to suffer most if Comcast-Time Warner Cable deal vetoed
2015-04-21 10:11:28| Telecom - Topix.net
Hints that U.S. regulators could veto Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc have investment bankers worried about whether they will get paid, with smaller advisory firms particularly on edge. Boutique investment banks such as Allen & Company, Centerview Partners and Paul Taubman's PJT Partners have limited resources compared to their larger brethren, and they use them to win mandates on a few big deals.
Tags: deal
cable
boutique
banks
Labor's Sam Dastyari to play banks are bastards card in Senate theatre
2015-04-21 03:04:43| Automakers - Topix.net
Labor Senator Sam Dastyari will confront the chief executives or deputies of Australia's largest banks with the personal stories of investors who lost money because of poor advice in a piece of political theatre designed to portray the opposition as sticking up for ordinary consumers against powerful financial interests. After being warned last week by Assistant Treasurer Josh Frydenberg not to use Tuesday's hearings by his Senate committee to conduct a "show trial" , Senator Dastyari - a former secretary of the NSW Labor Party and numbers man for leader Bill Shorten - will present four victims of financial advice in Parliament House ahead of the bank chiefs' appearance before his committee in the afternoon.
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