The chairman of Royal Bank of Scotland says it is no surprise that the Government will fail to recover losses from the lender’s bailout, with the bank having focused on its “survival” over the past decade.
JP Morgan has warned that the future of 4,000 British jobs is dependent on the type of Brexit deal secured by the British Government.
Labour has condemned plans for a Lehman Brothers staff reunion as “sickening”, as bankers gear up for the 10-year anniversary of its collapse.
The recent raft of bank branch closures is hastening the loss of local shops on the high street, new research shows.
Standard Chartered’s Europe boss has defended the banking giant’s work culture following a spate of recent resignations amid allegations of misconduct by senior staff.
Britain’s top five banks may be on track to axe up to 2,400 more branches, according to new research which says 12,000 jobs would be at risk as a result.
Pressure is mounting on TSB boss Paul Pester after damning new details emerged over rushed preparations for a major IT migration that sparked a banking meltdown in April.
HSBC says that Scotland will escape the cull after announcing the closures of a further 62 bank branches in 2017.