Company News



Australian watchdog censures RBS over traders’ bid to influence interest rate

Australia’s markets regulator on Monday said it had censured the Royal Bank of Scotland Group after an investigation found that RBS traders had sought to influence the setting of the country’s benchmark inter-bank interest rate. . .

http://uk.reuters.com/article/2014/07/21/uk-royal-bank-scot-australia-idUKKBN0FQ0BF20140721



EU and US trade talks make ‘painstaking progress’

Trade officials from the European Union and the United States have made painstaking progress after a week of negotiations in Brussels. . .

http://www.bbc.co.uk/news/business-28368953#



UK to post strongest growth in G7, says Item Club

The UK economy will grow faster in 2014 than any other G7 economy, while low  wage rises will ensure interest rates do not rise until next year, an  influential report has forecast. . .

http://www.bbc.co.uk/news/business-28393377#



Credit Suisse reports second quarter loss

Swiss banking giant Credit Suisse has reported its biggest quarterly loss in almost six years after being hit by costs related to its settlement with US  authorities over tax evasion charges. . . .

http://www.bbc.co.uk/news/business-28415702#

 

 



U.K. Bankers Anticipate a Pay Rise, Ernst & Young Says

About 41 percent of U.K. bankers expect a pay increase this year as Britain’s economy recovers, according to a survey by Ernst & Young LLP. . .

http://www.bloomberg.com/news/2014-07-14/u-k-bankers-anticipate-a-pay-rise-ernst-young-says.html