Banks

British Banks have not lost their way, as some suppose.  They have re-defined their way.  And Martin Wheatley knows it.  The Managing Director of the Financial Services Authority, and future CEO of the newly created Financial Conduct Authority, served notice that commissions paid to bank employees for the selling of financial products and services will […]

Barclays plc (LSE:BARC) has finally named its new Chief Executive Officer and it turned out to be one of its own. Antony Jenkins, who, before today, was head of Barclays’ Retail and Business Banking, was chosen amongst internal and external candidates for the post in a search that, according to the bank’s outgoing Chairman Marcus […]

“What a tangled web we weave, when first we practice to deceive.” Was there a banking scandal in Sir Walter Scott’s day, or did he foresee one coming?  Whatever, the answer, he sure got it right.  The banking world is a mess.  It seems like Barclays has been in the headlines more often in the […]

Standard Chartered (LSE:STAN) is a global bank offering financial services in nearly 70 countries.  Although headquartered in London, the bank is heavily involved in Asia, Africa, and the Middle East.  The banking firm often provides its services in developing countries with emerging markets.  This business strategy made it one of the best performing banks during […]

Last week, Barclays (LSE:BARC) officially announced the appointment of Sir David Walker as its new chairman.  He will become one of the bank’s directors on 1 September and replace current Chairman Marcus Agius on 1 November. Sir David Walker has extensive experience in investment banking as well as government and regulations.  He has spent time […]

Barclays (LSE:BARC) can’t seem to stay out of the news, but some days that’s not all bad.  Last evening, 09 August, the bank announced that Sir David Walker had accepted its invitation to take over as chairman of the troubled institution.  A positive reaction from investors was indicated by a 3.32% increase in the bank’s […]

Standard Chartered Bank (LSE:STAN) share price dropped a whopping 23.47% by noon today. Shareholders are leaving like rats on a sinking ship.  With the share price sinking by 345.00p to 1,125 on a volume of nearly 54 million shares, the company has lost more than £11.5 billion in market value in a matter of a […]

The Company shares have not been going in a clear direction since the middle of June 2012. After a recently bear market, Lloyds Group’s stock has been raging in a vivid equilibrium zone till now. Nonetheless, there is an interesting formation on the company price chart as explained below, for further southward plunge has been […]

Investors have been regaining a measure of confidence in the revealed intentions and recent actions of the leadership of Barclays (LSE:BARC).  Reports surfacing today indicated that the board may be about to restructure its executive bonus plan.  Share price was up 2.92% from 171.35 at Friday’s close to 176.35 at midday.   This stock has been […]

RBS (LSE:RBS) share price was up this morning by 9.00p from yesterday’s close of 204.50.  Whilst 213.50 is not the bank’s highest mark for the year, neither is it its lowest.  The increase follows the bank’s report of its half year results. Not All Bad News Is Bad News When an interim report is so […]