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Latest United Kingdom & Ireland Banking News

  • Lloyds forfeits $350m for disguising origin of funds from Iran and Sudan 10 Jan 2009 02:32 GMT
    ... Lloyds forfeits $350m for disguising origin of funds from ... a breach of US sanctions, the British bank has accepted responsibility for criminal conduct in a ... for a violation of sanctions. "The Iranian banks have money in London on deposit with ...

  • Lloyds to pay US fine of $500m 10 Jan 2009 02:32 GMT
    ... Lloyds to pay US fine of $500m British-based Lloyds TSB Bank has agreed to pay a $US350 million ($499.7 ... $US350 million to be processed by US banks used by Lloyds that might have otherwise ...

  • Exane confidence in merger boosts HBOS 10 Jan 2009 02:31 GMT
    ... HBOS led a banking sector rally yesterday after Exane BNP Paribas ... be a precursor to forming a 'bad bank'". Overall, the FTSE 100 fell to 4,458.54, ...

  • Manufacturing is getting harder hit even than banking 10 Jan 2009 02:31 GMT
    ... Outlook: The aim is a more "balanced" economy ... fashioned manufacturing. Mervyn King, Governor of the Bank of England wants it, the Prime Minister and ... even harder by the downturn than the bankers who started it all. Factory output dropped ...

  • Tories lack credibility on the economy 10 Jan 2009 02:31 GMT
    ... Outlook: I'm not a political columnist, but that's ... the Prime Minister, Gordon Brown, saved the banks with a massive programme of recapitalisation. This ... planned economic policy – independence for the Bank of England – was kept deliberately under wraps ...

  • Gaza offensive continues in defiance of Security Council 10 Jan 2009 02:31 GMT
    ... Gaza City/Tel Aviv  - Israel's ministerial committee for national ... accomplishment." Protests took place in the West Bank, under Abbas' control, with 3,000 people gathering ... Council's Western veto powers, the United States, Britain and France. It passed overwhelmingly with a ...

  • Lloyds forfeits $350m over funds from Iran and Sudan 10 Jan 2009 02:31 GMT
    ... Lloyds forfeits $350m for disguising origin of funds from ... a breach of US sanctions, the British bank has accepted responsibility for criminal conduct in a ... for a violation of sanctions. "The Iranian banks have money in London on deposit with ...

  • Lloyds Settles Major US Law Suit 10 Jan 2009 02:31 GMT
    ... The group was accused of helping customers in Sudan, ... The US Justice Department said the London-based bank had acknowledged "criminal conduct" and agreed to forfeit ... transfers would not be blocked by US banks. The actions violated the International Emergency Economic ...

  • --> Acquisition of Securities of Strategem Capital Corporation 10 Jan 2009 02:30 GMT
    ... Acquisition of Securities of Strategem Capital Corporation VANCOUVER, ... of Securities of Strategem Capital Corporation VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 9, 2009) - On ... Strategem Capital Corporation is a publicly-traded merchant bank specializing in the development of emerging companies with ...

  • Sinn Fein shows its Nazi side 10 Jan 2009 02:29 GMT
    ... The website of the youth wing of Sinn Fein ... you can get it Another week, another bank rate cut. But what difference will it ... would actually want to touch down in Britain 2009. Ulrika really has Big Brother in ...

  • Saturday, January 17 10 Jan 2009 02:29 GMT
    ... Today is Saturday, Jan. 17, the 17th day of ... sweeping curfew on Palestinians from the West Bank to the Gaza Strip. 1993 - The United ... by Filipino army forces. 2008 - A British Airways jet from Beijing carrying 152 people ...

  • Record number of U.S. jobs lost; European industry slumps 10 Jan 2009 02:29 GMT
    ... Updated Saturday, January 10, 2009 9:36 am TWN, ... FTSEurofirst 300 was up 0.6 percent. Germany, Britain, France, Spain and Sweden meanwhile all reported ... historic low of 1.5 percent by the Bank of England on Thursday — will fall ...

  • Robert Rubin Quits Citigroup Amid Criticism 10 Jan 2009 02:29 GMT
    ... The strategy backfired as credit markets tightened and housing ... announce his departure from a major U.S. bank this week, joining Robert McCann and Greg Fleming ... as the Glass-Steagall Act, designed to keep banks, securities firms and insurance companies separate. He ...

  • Timing is everything for cautious Brown 10 Jan 2009 02:29 GMT
    ... Winning an election in his own right is ... Millar , London Editor PREOCCUPIED WITH saving Britain and the world from economic catastrophe, Gordon ... as the man who broke the British bank, presided over a mountain of unsustainable debt ...

  • Lloyds pays $350m to end US case 10 Jan 2009 02:29 GMT
    ... Lloyds pays $350m to end US case Lloyds TSB ... had taken steps to improve regulation UK-based bank Lloyds TSB has agreed to pay a $350m ... institutions and individuals from accessing the US banking system, based on its foreign policy and ...

  • Acquisition of Securities of Strategem Capital Corporation 10 Jan 2009 02:28 GMT
    ... VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 9, 2009) - On ... Strategem Capital Corporation is a publicly-traded merchant bank specializing in the development of emerging companies with ...

  • Waterford unions to discuss pensions with State 10 Jan 2009 02:28 GMT
    ... UNION REPRESENTATIVES will discuss the pension crisis facing Waterford ... dealing with organised labour in the US. Bank of America appointed Mr Carson as receiver ... 800 Irish people and 1,900 workers in Britain. The company is headquartered at Kilbarry on ...

  • Wine: The new kid in town 10 Jan 2009 01:51 GMT
    ... PORTUGAL has never been a popular destination for New World ... Irvine Robertson Wines, Leith, Edinburgh (0131-553 3521, www.irwines.co.uk). THE BEST SUPERMARKET DEALS THIS WEEKEND WHITE CHABLIS, ...

  • Teenage dirtbag 10 Jan 2009 01:50 GMT
    ... He smashed the china, soiled the sheets, sunbathed nude ... few steps from the heart of Left Bank Paris, St Germain-de-Prés. His first night in Banville's maid's ... order a copy for £15.99 with free UK p&p call Guardian book service on 0870 ...

  • The booze brothers: Why James May and Oz Clarke are drinking to Britain 10 Jan 2009 01:50 GMT
    ... The TV presenters are men on a mission: to taste ... mission: to taste the best alcohol in Britain - and defend middle-class tipplers against the ... people who have just retired from a bank in Kidderminster, these youths are shouting and ...

  • Wogan's Perfect Recall: Now you too can take part in Terry's new quiz game 10 Jan 2009 01:50 GMT
    ... 11. Which creature is the emblem of the World ... Rhodesian Prime Minister who declared independence from Britain in 1965 was Ian WHO? 9. What ... three, write the answer number from the bank that matches the question Round 1, Q1; ...

  • Terry Wogan insists he's every bit as edgy as Jonathan Ross - he just knows how to play the system 10 Jan 2009 01:50 GMT
    ... Terry Wogan insists he's every bit as edgy as ... in this country, bearing in mind that British viewers tend to tune in for his ... going,' he says, ever the former Limerick bank clerk. It doesn't sound as if he needs ...

  • The List - Weekend January 10-11 10 Jan 2009 01:50 GMT
    ... Your daily guide to where to go and what ... North Pallant. 10am-5pm, Tues-Sat (10am-8pm Thurs); 12.30-5pm, Sunday/Bank Holidays. Nina Saunders: Autumn Flowers. Swathes of William ... and Dinos Chapman. Admission free. (01730) 711510, www.bedales.org.uk for details. PORTSMOUTH, City Museum and Records ...

  • On the trail of Pakistan's Taliban 10 Jan 2009 01:50 GMT
    ... Special Investigation Group files. Photograph: Warrick Page As ... collected 700,000 rupees (£5,800) from an al-Qaida banker and moved on to the Punjabi textile ... October 30 2007, he held up the Bank al-Habib and stole 5m rupees (£43,000), money ...

  • Twitter experiment: 454 days January 9, 2009 10 Jan 2009 01:45 GMT
    ... Oh, and by the way, the credit card balances ... spending (purchase points). In fact, with my Citibank cards (I recently switched to the Premier Elite), I'm already ... a lot of the ATM's in the UK charge a higher rate than some of ...


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