Tag Result: financial crisis
Regulators hit Lloyds group with £218m fine
Lloyds Banking Group has been fined £218m by UK and US authorities for failings including...
Watchdog fears fresh Lehman’s crisis from global debt surge
The world economy is just as vulnerable to a financial crisis as it was in 2007, with the ...
Interest rate rise of 2% could cause ‘significant distress’ – BoE
Mortgage borrowers could struggle with monthly repayments if interest rates rose by as lit...
RBS to cut 1,400 jobs
The Royal Bank of Scotland (RBS) has announced it is to cut a further 1,400 roles across t...
Treasury appoints Andrew Bailey BoE regulation chief
The Treasury has appointed banking specialist Andrew Bailey deputy governor of the Bank of...
FLS and high SVRs will fuel remortgaging – TwentyFour Asset Management
Borrowers will begin to remortgage at higher rates thanks to the impact of Funding for Len...
Morgan Stanley joker annointed own mortgage security ‘sub-prime meltdown’
'Sub-prime meltdown’, ‘nuclear holocaust’ and ‘s***bag’ were among the names sug...
US banks to pay out $20bn in mortgage-related claims
Bank of America will pay out $11.6bn to government sponsored-mortgage company Fannie Mae a...