UBS Pays CHF2.5bn in Bonuses - Equal to 2012 Net Loss
Swiss bank reduces bonus pool by 7% on 2011 but still pays out sums equivalent to net loss for 2012.
Biofuels Market Growth Stifled by Oil and Gas Industry Infighting and Lack of EU Support
World's key biofuels and renewables leaders debate challenges industry faces.
Mis-Selling Derivatives: Fixed-Rate Tailored Business Loan Included in FSA Review for First Time
Treasury minister Greg Clark confirms that Jim McGovern MP's constituent's TBL included in review despite previous bar.
IEA: Global Economy Woes Curb Oil Demand
The International Energy Agency warns that oil demand is weakening on feeble world economic growth
Corporate Alliances and IPOs To Drive Biofuel Investments
Citigroup's global head of environmental finance Michael Eckhart tells IBTimes UK of shift in biofuels financing in 2013
Mis-Selling Derivatives and PPI Scandals Create 20,000 UK Jobs
PPI mis-selling spawns new industry as banks become inundated with claims for compensation, says employment group Manpower.
HSBC Boosts SME Lending With £5bn Fund
Only major UK bank not part of the governments Funding for Lending Scheme boosts SME lending pot
Parliamentary Panel Threatens Bank Break-up If Ring-Fencing Rules Abused
Parliamentary Commission on Banking Standards recommend banks to be broken up if they flout ring-fencing rules.
Mis-Selling PPI: Payouts Reach Nearly £9bn in Two Years
Financial Services Authority reveals that banks paid customers £439m in January alone.
China's Middle Class To Boost European Tourism Revenue in 2013
China's growing middle class will provide massive boost to the European tourism industry, says research
Mis-Selling Derivatives Scandal: Tessa Munt MP Questions Independence Over Barclays' 'Fact-Finders'
Vince Cable's right-hand person puts question to parliament after consulting IBTimes UK over series of exclusives.
France's Jobless Rate Hits Highest Level Since Adopting the Euro
France’s jobless rose above 10 percent for the first time since the second quarter 1999
Monte Dei Paschi di Siena Seeks €1.2bn Damages Over Derivatives [VIDEO]
Italian bank suffering huge derivatives losses seeks damages from two former executives as well as Nomura and Deutsche Bank.
Credit Suisse Eyes Cost Cuts By Slashing Security [Exclusive]
While axing investment banking jobs Credit Suisse is also paring back security in line with cost cutting measures
OFT Threatens Payday Lenders With Closure
Office of Fair Trading tells 90 percent of payday loans market to tighten business practices or face closure.
Vodafone Shares Soar on Possible Verizon Stake Sale
Verizon considers buying Vodafone’s $115bn stake in joint venture Verizon Wireless
Dan Byles MP: Shale Gas Could Create 30,000 Jobs and Secure UK Energy [VIDEO]
Conservative MP and chairman for unconventional oil and gas group tells IBTimes UK about energy security and economic development
Daniel Byles MP: Shale Gas Could Create 30,000 Jobs and Secure UK Energy
Unconventional gas, which has repeatedly been called an energy industry game-changer by the International Energy Agency for the past five years, has the potential to create 30,000 jobs in the UK, an MP who supports the controversial technology says.
Libor Fixing Scandal: Internal Audit Report Defends FSA Role In Investigations
FSA's Internal Audit Report hits back at politicians by saying it managed rate rigging crisis sufficiently.
Mis-Selling PPI: Lloyds' Customer Complaints Surge 274%
The Financial Ombudsman Service's data shows Lloyds retains the crown for most complained about bank
Standard Chartered Posts 10th Consecutive Year of Profits Despite Fines
Emerging markets bank posts nearly $7bn of profits despitehuge money laundering-related fines.
Mis-Selling Derivatives Exclusive: Barclays' Lawyers Accused of Breaching Code of Conduct
Barclays' 'fact finding' law firms Eversheds and TLT Solicitors are breaching the Code of Conduct, say lawyers
Biofuels Market To Transform in 2013: Q&A with Beta Renewables CEO
Guido Ghisolfi says the industry has learned from the past mistakes and has proven economic sustainability with new technology
TNK-BP Profits Tumble on Tax and Export Charges
The main unit at TNK-BP which is being taken over by Russia’s Rosneft posted a 13% drop in profits
Mis-Selling Derivatives Scandal: RBS Says Potential Payouts Will Be Less Than FSA Pilot Findings
Stephen Hester CEO says RBS has likely mis-sold less interest rate hedging products to SMEs than FSA Pilot Findings
HSBC: UK Exports Boosted by Asia and Emerging Markets
While eurozone struggles HSBC Global Connections report says UK exports will be supported by Asia, MENA and Latin America.
JPMorgan Chase to Slash up to 19,000 Jobs
Group planning to reduce thousands in headcount across consumer and community banking and mortgage banking sections.
Yahoo’s Remote Working Ban Could Hurt Development
Marissa Mayer says making employees work in an office will increase productivity but it may do the exact opposite.
Goldman Sachs Culls Equities Jobs and Office Space
Investment bank plans higher returns for investors by shedding jobs and paring back office space.
Pearson Shares Plummet on Outlook Warning and Restructuring Plans
Owner of the Financial Times delivers major restructuring plans to tackle tough trading conditions
