Banks and banking industry news - FT.com

archived 12 Oct 2015 01:55:42 UTC
Workers labor at the roadside as Citigroup Inc. advertisements hang on concrete columns supporting an elevated track, operated by Rapid MetroRail Gurgaon Ltd., near DLF Cybercity in Gurgaon, India, on Wednesday, March 26, 2014
©Kuni Takahashi/Bloomberg

Hopeful minority stays in ‘priority market’

Tempted by strong growth, players from UK to Singapore prepare for opportunity to open subsidiaries

12:01am MARKETS

UK group claims blockchain breakthrough

Setl prototype performs large-scale payments processing

Kweku Adoboli, ex-UBS trader arrives at Southwark Crown Court
©Charlie Bibby
7:01pm

Kweku Adoboli fights deportation to Ghana

UK judge rules that ex-UBS banker should be returned to home country

5:41pm

High stakes in first US Libor trial

Losing case would be ‘embarrassing’ for DoJ, says law professor

5:09pm

Barclays says Europe needs champion

Comments show angst among bankers at how sector is in retreat

4:45pm COMMENT

Europe needs homegrown bulge bracket banks

Formidable competition from US institutions demands a response

3:28pm WORLD

Austria eyes ‘Greek’ province resolution

Debt-ridden Carinthia hopes it can buy off creditors

1:33pm WORLD

Ex-Anglo Irish chief to face US court

David Drumm wanted on charges linked to Irish corporate collapse

12:11pm

US banks build defences against downturn

Wall St to show ‘inflection point’ in trend of tapping reserves

5:25am

China Huarong to rest on cornerstones

Backers to lock up record amount of $2.5bn Hong Kong IPO

4:27am

SBI chief calls for India banking overhaul

Largest lender urges consoi twelidation to half a dozen banks

Oct 11, 2015 MARKETS

Get rich quick with UK challenger banks

There is no shortage of interest in specialist lenders

Oct 10, 2015 FINANCIAL SERVICES

GE to sell $30bn chunk of finance unit

Wells Fargo in frame as move aims to help cut regulatory burden

Oct 9, 2015

Barclays approaches Grimstone over role

Talks with City grandee about deputy chairman position

Oct 9, 2015 WORLD

Banks give up US expats’ data to the IRS

US rules follow the public outcry over Swiss tax evasion scandals

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