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Barclays chairman to quit over rate fix   London: Marcus Agius is to resign as the chairman of Barclays in the wake of the Libor lending rate scandal Barclays boss: I will not resign. London UBS trader charged with fraud. London HSBC to axe 30,000 global jobs. London Osborne urges EU change banking system. London   G20 pledges tougher bank action
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Main Event: HSBC 'to pay $1.9bn' in US deal
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B. 2017-02-20 HSBC shares down as full year profit falls 62% London
C. 2016-06-24 Moody's cut UK's credit outlook to 'negative' United Kingdom
D. 2015-06-08 HSBC to cut 20,000 jobs globally London
E. 2015-02-08 HSBC 'helped clients dodge tax' London
F. 2014-09-10 RBS 'contingency for London move' Scotland
G. 2013-02-22 UK loses top AAA credit rating United Kingdom
2012-12-10 HSBC 'to pay $1.9bn' in US deal London

Canadian to be new UK Bank governor. London Banking giant pays $340M to settle laundering charges. London HSBC 'allowed money laundering'. U.S. Senate Barclays Bank boss Diamond resigns
HSBC shares down as full year profit falls 62%  London: The $7.1bn (5.7bn) pre-tax profit is 62% lower than the $18.9bn reported a year earlier. HSBC attributed the fall to a string of one-off ch...   Pound falls further in Asian trading on Monday   Japan: The pound has fallen sharply in trading in Asia on Monday, adding to Friday's record one-day decline   Moody's cut UK's credit outlook to 'negative'  The UK has had its credit rating outlook downgraded to 'negative' by the ratings agency Moody's after the country voted to leave the EU HSBC to cut 20,000 jobs globally  London: Europe's biggest bank, is planning to cut 20,000 jobs around the world as it tries to reduce costs and simplify its business HSBC 'helped clients dodge tax'   London: Britain's biggest bank helped wealthy clients cheat the UK out of millions of pounds in tax, the BBC has learned RBS 'contingency for London move'. Scotland JP Morgan pays $920m to regulators. Manhattan UK loses top AAA credit rating HSBC 'to pay $1.9bn' in US deal


February 2017 ... more > Top ^
Feb.20


year 2016 Top ^

Jun.26
Jun.24


year 2015 Top ^

Jun.8
Feb.8


year 2014 Top ^

Sep.10


year 2013 Top ^

Sep.19
Feb.22


year 2012 Top ^

Dec.10
  London: HSBC is to pay US authorities $1.9bn (1.2bn) in a settlement over money-laundering, say reports, the largest ever in such a case
Nov.26
Aug.15
Jul.16
Jul.3
  London: Barclays chief executive Bob Diamond has resigned a week after the bank was fined a record amount for trying to manipulate inter-bank lending rates

Jul.1
Jun.28


year 2011 Top ^

Sep.16
Aug.1
Jan.6


year 2009 Top ^

Sep.5
  London: Finance ministers from the most powerful economies have agreed a series of measures to try to regulate the global banking system.    The meeting did not agree on specific limit...
Sep.4   Bonus row opens up G20 divisions  London: Deepening divisions are appearing among international finance ministers, about how to curb excessive bank bonuses Mar.13   G20 ministers meet amid divisions  London: Rifts are emerging as finance ministers from developing countries and major powers prepare to meet in England Feb.5 UK interest rates cut to new low. London Jan.8 Interest rates hit all-time low. London

year 2008 Top ^

Dec.29 Pound hits new low against euro
. London Dec.15   Banks face huge losses from $50B 'scam'  London: Some of the biggest names in global finance have lost hundreds of millions of dollars in a 'pyramid scheme' by Bernard Madoff Nov.24 Darling cuts VAT in pre-Budget   London: Chancellor Alistair Darling has cut VAT from 17.5% to 15% for 13 months in his pre-Budget report to get consumers spending again Nov.6 UK interest rates slashed to 3%  London: The Bank of England has made a shock 1.5% point cut in UK interest rates to the lowest level since 1955 Oct.8 World's central banks slash interest rates  London: The leading economies, led by the U.S. and the UK, slashed interest rates to tackle the global financial crisis after days of stock market losses Oct.7 UK bank rescue package imminent
  Chancellor Alistair Darling to announce details of a 50bn rescue package for the UK banking system
Sep.17 Barclays agrees $1.75B Lehman deal  British bank Barclays said it had reached a deal to purchase key units of U.S. investment bank, as global markets continued to worry Apr.18 Bank 50bn mortgage rescue plan  London: The Bank of England will next week unveil a plan to swap government bonds for British banks' mortgages

year 2007 Top ^

Dec.12 UK welcomes world cash injection  London: Prime Minister Brown has welcomed a joint plan by the US Federal Reserve and other central banks to help ease strains in financial markets Nov.20 Bank data of 25 millions missing  London: Tax and customs service lost banking and personal data when 2 computer disks disappeared in an internal mail service Aug.10 Central banks pour money into system
  London: The U.S. Federal Reserve and European Central Bank pumped money into the banking system for a second day to ward off a global credit crisis

year 2005 Top ^

Dec.16 UK making final EU budget offer  Belgium: The UK is to set out revised proposals for the 2007-13 budget at a summit after a day of behind-the-scenes talks Jun.11 G8 ministers back Africa debt deal
  London: Finance ministers have agreed to cancel up to $55 billion worth of debt owed by the world's poorest nations
Jun.10 Hopes raised of Africa debt deal. England Apr.10 MG Rover gets 6.5m loan lifeline. England Feb.5 G7 backs Africa debt relief plan. England


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