British private bank goes the extra furlong for clients
LONDON (Reuters) - When Royal Ascot gets under way on Tuesday, the race meeting's official bank will be continuing a tradition almost as old as the event that remains one...
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Banks paint wider targets after early misses
LONDON (Reuters) - It has taken banks years to rein in their optimism and start setting targets they have some chance of meeting, finally chastened by conspicuous failure in meeting...
Euro zone depositors fastest to leave Cyprus in February
NICOSIA (Reuters) - Savers from other euro zone countries withdrew 18 percent of the cash they held in Cyprus in February, amid concerns the struggling island would impose a tax...
Tensions in Cyprus over bailout underscore pitfalls ahead
NICOSIA (Reuters) - The ink is barely dry on a deal struck in Brussels to save Cyprus from bankruptcy, but rising tension between the island's conservative president and the Communist-appointed...
Factbox: The Cyprus banks that have transfixed the world
NICOSIA (Reuters) - All eyes in global banking have been fixated on Cyprus's two largest banks for the last week, as their near collapse, and the dramatic steps taken to...
Euro zone clamor drowned out Cypriot bank warnings
Euro zone clamor drowned out Cypriot bank warnings NICOSIA (Reuters) - Cypriot politicians and bankers were so swept up in the short term benefits of the Mediterranean island's adoption of...
Euro zone clamor drowned out Cypriot bank warnings
NICOSIA (Reuters) - Cypriot politicians and bankers were so swept up in the short term benefits of the Mediterranean island's adoption of the euro that they ignored warnings over the...
Bank compensation up in 2012 despite cutback efforts
LONDON (Reuters) - Compensation at the world's biggest banks rose last year, with 35 of them spending a combined 10 billion euros ($13.1 billion) more on staff than in 2011,...
MasterCard aims at mobile payment market with launch of “digital wallet”
LONDON (Reuters) - Mastercard unveiled its bid to dominate the mobile payments market on Monday with a 'virtual wallet' allowing customers to keep personal payment details in their phone and...
Chief executive of former Anglo Irish Bank to leave
LONDON (Reuters) - The chief executive of the former Anglo Irish Bank, Mike Aynsley, is stepping down in the aftermath of the institution's liquidation on Thursday. Aynsley, who joined the...