Mis-Selling PPI and Fraud Insurance: HSBC Stung With $164m Bill
UK customer redress programmes cost the bank $164m in the first quarter this year
Mis-Selling Derivatives: RBS Boosts Swaps Provision By £50m
RBS says in its first quarter results that it will increase the provision pot to £750m in total
Lloyds' Profits Rise on Restructuring and Cost Cutting
Britain's state backed bank reports higher first quarter profits on improved margins and lower costs
Tesco Plans US Exit As Profits Slump For First Time in 20 Years
Europe's biggest food retailer will close "Fresh & Easy" brand in the United States as CEO Philip Clarke continues his aim to focus on UK growth
Barclays Bank Tops Customer Complaints List - FCA
Financial Conduct Authority data shows Barclays received most customer complaints in second half of 2012.
UK Banks Lose 90% of 2012 Core Profits to Fines, Payouts - KPMG
Cumulative statutory profits of big five declined by 40 percent in year to £11.7bn.
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.
Lloyds Nets £400m From St James's Place Sale
Bank shifts 20 percent of wealth management business in trim of non-core operations.
Banking Commission Urges Higher Leverage Ratio for UK Banks
The banking commission demands the inclusion of legal powers for the breakup of banks that violate 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.
HSBC Finance Sells $4.2bn Consumer Loan Portfolio
Sale nets $3.2bn in cash for loss-making subsidiary of HSBC as asset sales under CEO Stuart Gulliver continue
Mis-Selling PPI: Lloyds' Customer Complaints Surge 274%
The Financial Ombudsman Service's data shows Lloyds retains the crown for most complained about bank
HSBC Profit Falls as Money Laundering Fines, PPI Costs Hit Bottom Line
Europe's biggest bank says full year profits fell 6 percent to $20.6bn after it set aside $1.4bn in UK PPI costs and paid $1.9bn in money laundering fines.
European Market Briefing: Weekly Wrap-up [VIDEO]
IBTimes TV's daily 'Market Briefing' report with European Business Editor Martin Baccardax
Lloyds Shares Plunge After £750m Loss Linked to PPI Claims
State-controlled lender earmarks £3.75bn to repay customers mis-sold payment protection insurance.
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
RBS Posts £5.2bn Pre-Tax Loss as Operating Profit Rises
State-owned lender sees operating improvements and fewer charges for bad loans but sets aside £1bn for PPI and derivatives mis-selling.
Mis-Selling PPI: FSA Fines Lloyds Units £4.3m for Redress Failures
UK regulator fines three Lloyds Group Banking units for systems and controls failures in providing customers compensation
Exclusive: FSA Faces Legal Action over Mis-Selling Derivatives Review
Group led by Manches LLP to file for judicial review against UK regulator.
Barclays CEO: Strategy Overhaul, Global Economy Will Slow Near-Term Growth
Antony Jenkins tells Bloomberg Television that a 'fundamentally different environment' for banks demands big changes in costs and capital - but payoff may not come until 2015
Barclays Shares Surge as Bank Unveils 3,700 Job Cuts Amid Global Strategic Review
Britain's second biggest lender plans 3,700 job cuts as CEO Antony Jenkins prepares major transformation of bank culture
Libor Fixing Scandal: RBS at a Crossroads
Despite settling with US and UK authorities for £390m over Libor manipulation, RBS still faces fight for survival.
UK Bank Standards, Bonuses and Scandals: HSBC Chiefs Give Evidence to MPs
Stuart Gulliver and Douglas Flint give evidence to the Parliamentary Commission on Banking Standards over the spate of scandals
UK Bank Standards, Bonuses and Scandals: Barclays' CEO and Chairman Questioned by MPs
Barclays is the second bank this week to answer Parliamentary Commission on Banking Standards questions over bonuses, mis-selling and Libor scandals
Barclays Tabs PPI, Derivatives Mis-Selling Costs at £3.5bn
Britain's second-biggest lender sets aside another £1bn to cover costs associated with mis-selling scandals.
UK Bank Standards, Bonuses and Scandals: Lloyds Chiefs Face MPs
Lloyds CEO António Horta-Osório and chairman Winfried Bischoff face Parliamentary Commission on Banking Standards grilling.
Mis-Selling Derivatives: Fitch Warns Bank Payouts Will Impact Earnings
Ratings agency Fitch says that Britain's biggest banks' will be hit by the redress costs but not as much as PPI payouts
RBS Shares Slump Amid Reports of Criminal Charges Linked to Libor
Shares fall the most in at least six months as Libor scandal nears its expensive conclusion for state-owned lender
Mis-Selling PPI Scandal: FSA and Banks Consider Claims Deadline
Regulator and banks negotiating PPI claims deadline to put stop to payouts, say reports.
Libor Fixing Scandal: RBS Shares Rise as Deal With FSA Nears
State-owned lender would be third major bank to admit Libor failings following multimillion pound fines for Barclays and UBS.