The banking industry's reputation suffered another blow yesterday as City watchdogs fined Lloyds Banking Group a record �28m for operating a toxic culture that led one desperate salesman to mis-sell policies to himself, his wife and a colleague to avoid ...
Royal Bank of Scotland Group Plc hid or failed to disclose information regarding the identities of sanctioned parties in 3,500 transactions valued at approximately $523 million, the New York Department of Financial Services said in a statement today.
PARIS--French car maker PSA Peugeot Citroen (UG.FR) confirmed Thursday that it is studying an eventual capital increase and that it is talking to other possible partners, including China's Dongfeng Motor Group Co.
A year ago amid a much gloomier picture for the economy, the BCC predicted the pre-recession peak would not be reached until 2016.
An external member of the Bank of England's Monetary Policy Committee does not believe Governor Mark Carney's forward guidance will be effective in stimulating the pace of recovery.