"Price Control" threatens profits of big four UK banks

The UK government has announced plans to force the country's four largest banks, Lloyds TSB, HSBC, Royal Bank of Scotland and Barclays, to offer better services to Britain's 3.5 million small businesses. The banks will have to pay interest on business current accounts or offer free banking, according to Thursday's announcement.<BR />

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"Rip up your contracts" calls Credit Suisse First Boston bosses

Credit Suisse First Boston has requested that staff tear up their contracts as attempts are made to curb continual losses.<BR />

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$673 million 3Q profit announced by Deutsche Bank

Deutsche Bank posted a third-quarter profit of E576 million ($673 million), reversing last year's losses.

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'A Day' gains set to continue, Winterthur Life says

Research by Winterthur Life suggests that the UK independent financial advice (IFA) community is set to continue to feel the benefits of the A Day reforms to the pensions system for some time to come.

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'A' Rating For Higher Income Fund Standard Life Investments Goes From Strength To Strength

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'A-Day' arrives for UK pensions system

April 6, 2006, marks the so-called 'A-Day' for UK pension reforms as the most sweeping changes in years to pensions regulation were implemented.

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'Big Four' UK banks under the spotlight again

The "Big Four" UK high street banks are likely to be bombarded with fresh criticism this week as the Treasury Select Committee unveils its latest report into banking practices.<BR />

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'Bridge careerists' favor spending to retirement, report says

A report published by UK life and pensions company Friends Provident suggests that a new breed of consumers have emerged whose taste for the high-life makes them more reluctant to retire.

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'Crash for cash' scam now a UK-wide problem, reports IFB

National statistics published by the UK Insurance Fraud Bureau have highlighted the growing risk to public safety due to induced motor accident fraud across the UK.

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'Elvis card' typifies prepay card boom in US, vendor says

US online card marketer EDP Licensing has announced the launch of an Elvis Presley-branded prepay Visa debit card, which it claims is indicative of the burgeoning popularity of this type of card.

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