Savings News:
PPI and investment claims dominate FSCS workload The Financial Services Compensation Scheme (FSCS) paid out £204 million to over 21,000 claimants during 2009/10, with over two-thirds of the payments made for Payment Protection Insurance (PPI) and investment... [Read more] |
Borrowing News:
New Zealand increases rates to 3% The Reserve Bank of New Zealand has elected to increase the nation’s Official Cash Rate (OCR) by 25 basis points, to 3%. Governor Alan Bollard has said that trading partner growth has improved more... [Read more] |
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Employment News:
Nomura bolsters EMEA Fixed Income team Global investment bank Nomura has announced the appointment of Guy Cornelius and Raffaele Ricci as co-heads of Fixed Income Sales for Europe, the Middle East and Africa (EMEA). Cornelius leaves behind... [Read more] |
Financials News:
Santander reports quarterly and biannual profits Banco Santander has released its financial results for the first six months and second quarter of 2010. In the first six months the Spanish banking giant made net income of €4.45bn, down 1.6% from the... [Read more] |
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