Banking
Co-op Bank Dealt A Fresh Blo...
The Financial Reporting Council (FRC) has today launched an investigation into the Co-operative Bank’s accounts, which were audited by KPMG. The accountancy firm, which has been auditing the Co-op G...
Chinese Government Injects L...
China’s central bank has injected cash into many of the country’s leading banks in the lead-up to the Lunar New Year holiday. The Lunar New Year is China’s largest festival and many banks face a...
European Savings Crisis Coul...
Europeans could lose some of their savings through currency devaluation, warns a shocking new report from the European parliament’s budgetary control committee. The report states: “As a consequenc...
‘Huge’ RBS Cost Cuts on...
Thousands of Royal Bank of Scotland staff could lose their jobs as the Edinburgh-based bank plans another round of cuts. Approximately 40,000 RBS workers have already been made redundant as the bank,...