| Credit Crunch |
| Job Watch |
| Admin Watch |
| Property |
| Investment & Business |
| Credit Crunch |
|---|
 Want a CSR Job? Read This FirstWith just over two months left until I graduate from business school, I've started to reflect on what I've accomplished over the last two years. 2010-07-25 09:34:17  Ten of the best ¦ money tips for teenagersEvery day counts when it comes to making the most of your money, and it is never too early to begin. 2010-07-25 09:06:32  Margareta Pagano: Time for a credit squeeze on big takeover bids2010-07-25 07:02:41  What recession? Tycoons spend £1.8 million on champagne in St TropezMandrake hears that two rival billionaires spent a staggering €2 million (£1.77 million) on champagne at Les Caves du Roy nightclub. Zhen Low, the younger brother of the Malaysian tycoon Jho Low, became involved in a competition with Winston Fisher, a New York property developer, to see who could order more £600 bottles of Cristal for their chums. 2010-07-25 06:18:30 FTSE edges down; banks weak ahead of stress testsBy Tricia Wright 2010-07-25 03:05:22 Why RBS should be turned into the Royal Bank of SustainabilityBut this is unlikely if the Green Investment Bank is seen as a fringe operator rather than a serious institution. The idea of bringing together banking reform and the green growth agenda through RBS has a number of attractions, including harnessing its expertise in financing renewables; it has been particularly active in the offshore wind sector. Another advantage is the bank's strong position in the small- and medium-sized firms market, likely to be the source of much innovation in the low- 2010-07-25 00:28:18 Seven more US banks collapse on day of Europe's stress testsIn Europe, investors will have a first real chance tomorrow to react to the results of banking stress tests designed to ease concerns about institutions' financial strength and exposure to debt-laden countries such as Greece. 2010-07-25 00:11:28 European banks that failed EU 'stress' test plan to raise €3.5bn2010-07-25 00:05:56 Interest rates will stay low until 2014, predicts E&YThe Ernst & Young ITEM Club said the Bank of England will have to resist calls to raise rates above 0.5pc for more than three years to counterbalance the Government's growth-sapping austerity cuts. Peter Spencer, ITEM's chief economic adviser, added that the Bank may even have to restart its £200bn quantitative easing programme. 2010-07-25 00:04:07 Mission to India: jobs of the future depend on itIndia matters. Its economy is growing at three times the speed of ours. By 2030 it may have overtaken us in size. 2010-07-24 21:36:04 Markets nervous ahead of bank stress test resultsSlovenia admitted yesterday that its largest bank, Nova Ljubljanska Banka, would fail the stress tests. 2010-07-24 21:23:17 FTSE falters on bank stress tests but Arm shines after Microsoft dealWhile the announcement is short on details, we believe that this contract could be the precursor of two major developments for Arm. First, it could indicate that Microsoft will design its own apps processor for smartphones and gaming consoles. 2010-07-24 21:21:02 Bankers in the pink as austerity misses Square MileBy last week the big US banks had reported first-half results, and between them they had a pay and bonus pot of £34bn. UK banks “ including the bailed-out Royal Bank of Scotland “ will report in the coming days. RBS, HSBC and Barclays have big investment banking arms and are estimated to be sitting on a £5bn wage and bonus pot. While some areas of the public sector are facing cuts of 25% to meet the £99bn of savings needed by 2015, according to June's emergency bu 2010-07-24 21:20:42 Stress tests leave UK banks unscathedOf the 91 institutions under the microscope, Spain had five failures and Germany and Greece one each. They need only raise ‚¬3.5bn (£2.92bn) in fresh capital to make themselves secure, much lower than the ‚¬30bn regarded as the minimum by the market before the tests were completed. 2010-07-24 21:20:36 UK economy growing almost twice as fast as forecastThe pound rallied and government bond futures sold off as traders raised their bets of interest rates rising sooner rather than later. 2010-07-24 21:20:17 Is agriculture the next big investment?It launched a campaign which saw the Financial Services Authority's switchboard jammed with calls from protestors demanding curbs on speculation. But over at Britain's oldest food market, Borough Market in London, fund managers at one of the biggest investment groups in the world, BlackRock, were telling a rather different story. 2010-07-24 21:17:44 Facing a solicitor's bill for lost deeds that the bank eventually found2010-07-24 21:17:37 Economy surges on services and construction sectorsThe UK economy made a stunning advance between April and June with the strongest growth in more than four years, official estimates showed today. 2010-07-24 21:16:35 Seven European banks fail "worst-case' testsStress tests of 91 banks across Europe to gauge their ability to weather a new financial storm have revealed seven failures, regulators said today 2010-07-24 21:16:33 U.S. won't target more Swiss banks on tax - diplomatUBS agreed to pay in February 2009 $780 million (505.3 million pounds) and shared confidential bank data of about 280 of its clients to settle tax fraud criminal charges. Later that year Berne agreed to hand over to Washington bank data related to a further 4,450 clients of UBS, piercing a hole into Swiss bank secrecy laws. 2010-07-24 21:16:08 "Darth Vader" strikes NY bankThe bandit dressed as the "Star Wars" villain was part of a mini-outbreak of unusual bank robbers in the New York area. 2010-07-24 21:15:54 Seven banks fail Europe testResults of the test of how 91 banks in 20 countries would cope with another recession was released on Friday in a bid to restore investor confidence after the Greek debt crisis spooked markets earlier this year. But it fell on deaf ears. 2010-07-24 21:15:35 Focus shifts to EU banks to scrape test passSeven banks failed the unprecedented test of Europe's banking system -- including five small regional Spanish lenders -- and need to plug a much smaller-than-expected combined capital shortfall of 3.5 billion euros (2.9 billion pounds). 2010-07-24 21:14:55 Real stress is that banks’ worst-case scenarios have still to be testedBut there has always been a danger that the whole exercise could actually damage – rather than restore – the markets faltering confidence in the European banking system. Perceived to be too soft and the tests could reinforce the markets fears about continental Europe's reluctance to get to grips with its banks and the banking crisis. 2010-07-24 21:14:10 UK banks take the lead in stress testsBRITAIN'S banks are poised to benefit from the result of Europe's stress tests by beating their weaker Continental rivals in the looming battle for wholesale funding. 2010-07-24 21:14:05 Will the new banks give us a better deal?High street banking is set for its biggest shake-up in decades. Next week, Metro Bank will open its doors – the first new bank on the high street for 100 years. 2010-07-24 21:14:02 Is a double-dip recession heading our way?It is billed by many economists as the most important issue of our times; to cut or not to cut, or as supporters of the latter course of action frame it, austerity versus jobs. As the fiscal squeeze bites in the UK and beyond, and with the recovery in Europe and the US showing signs of faltering, the academic debate is again at fever pitch. 2010-07-24 21:13:44 UK economy grows at fastest pace in four yearsThe quarterly leap in gross domestic product (GDP) was almost double the 0.6pc expected by the City and the highest since the first quarter of 2006, the Office for National Statistics (ONS) said. 2010-07-24 21:13:42 This may be as good as the UK economy gets for a whileUncertainty (and, in some cases, fear) has returned. Previously bullish entrepreneurs are increasingly downbeat. 2010-07-24 21:13:40 FTSE 100 slips slightly ahead of bank stress testsFTSE 250 2010-07-24 21:13:25 Taxpayer set for £5bn profit from banks' toxic assetsIn its first annual report published yesterday, the Asset Protection Agency (APA) said it was now confident that it would be profitable for taxpayers who have not yet been called upon to put up a penny. 2010-07-24 21:13:12 Market cynicism greets EU bank stress test resultsAnalysts at Credit Suisse, Goldman Sachs and UBS, among others, all weighed in with their critiques of the bank tests conducted by the European Union, pointing to issues such as the low capital ratio required to pass or the lack of a sovereign default scenario. 2010-07-24 21:13:04 Stress tests: the seven failed banksSpain took the bulk of Europe’s banking pain, accounting for five of the seven lenders that failed the tests. All five are unlisted “cajas”, regional lenders widely believed to be full of toxic property debt. 2010-07-24 21:13:02 UK banks pass stress tests as seven fail in EuropeBarclays, HSBC, Lloyds Banking Group and Royal Bank of Scotland all passed the test with flying colours, surviving even the most difficult scenarios set for them by European Union regulators with far more capital than required to pass. 2010-07-24 21:12:59 Bank stress tests 'too little, too late' says CityNews that just seven out of the 91 banks stress-tested by European regulators had failed led analysts to slam the result, saying it was unlikely to provide the market with the comfort it had been looking for. 2010-07-24 21:12:58 |