This report examines the structure and recent evolution of the global trade finance market, and the interplay between changes in trade finance and international trade. . .
http://www.bis.org/publ/cgfs50.htm

Lloyds Banking Group says it is increasing its provision for the mis-selling of  payment protection insurance (PPI) by another £1.8bn, bringing the total to  nearly £10bn. . .

http://www.bbc.co.uk/news/uk-26013427#

One of Janet Yellen’s first challenges as Federal Reserve chairman is generating enough inflation to meet the central bank’s target of 2 percent. . .

http://www.bloomberg.com/news/2014-01-27/yellen-s-first-challenge-coping-with-too-low-inflation.html

The U.S. ban on Chinese affiliates of the four biggest accounting firms stands to undermine a pickup in initial share sales by Chinese companies in New York. . .

http://www.bloomberg.com/news/2014-01-26/ban-means-hong-kong-luring-new-york-ipos-china-overnight.html

Trading is changing in the minutes before currency benchmarks are set as regulators shine a light for the first time on alleged misconduct in the $5.3 trillion-a-day foreign-exchange market. . . .

http://www.bloomberg.com/news/2014-01-27/london-afternoon-currency-spikes-subside-under-regulators-glare.html

Iceland let its banks fail in 2008 because they proved too big to save. . .

http://www.bloomberg.com/news/2014-01-27/let-banks-fail-becomes-iceland-mantra-as-2-joblessness-in-sight.html

Credit Suisse Group AG (CSGN), the second-largest Swiss bank, is paying part of 2013 bonuses to top employees in bonds that can be wiped out if the firm fails to maintain enough capital. . .

http://www.bloomberg.com/news/2014-01-24/credit-suisse-follows-ubs-with-bonus-bonds-that-can-be-wiped-out.html

Citigroup is set to pay most of its investment bankers in Europe at least half of their bonuses in cash, as US banks push ahead with moves to hand star employees the most generous pay deals in the industry. . .

http://www.theguardian.com/business/2014/jan/26/citi-bankers-bonuses-cash-europe

The Financial Conduct Authority (FCA) has fined Standard Bank PLC (Standard Bank) £7,640,400 for failings relating to its anti-money laundering (AML) policies and procedures over corporate customers connected to politically exposed persons (PEPs). . .

http://www.fca.org.uk/news/standard-bank-plc-fined-for-failures-in-its-antimoney-laundering-controls