Recent Posts

Goldman Sachs shifts some London traders to Milan

  Bloomberg Goldman Sachs group Inc is shifting some of its euro swaps trading desk to Milan from London, the latest example of roles moving to the continent after Brexit. The Wall Street giant is relocating staff as it bolsters European offices in the wake of the UK’s departure from the European Union, according to people familiar with the matter. ...

Read More »

Ireland may allow banker bonuses for first time since crisis

  Bloomberg Ireland is said to be planning to allow banks that were bailed out during the financial crisis to pay bonuses to staff, ending a long-standing ban. A retail banking review will be brought to Ireland’s cabinet and will be published if it is approved, according to the Department of Finance. Bonuses will be one of the issues the ...

Read More »

Lloyds to relax mortgage terms for struggling borrowers: CEO

  Bloomberg Lloyds Banking group Plc is stepping up help for struggling customers, including mortgage relief, during the UK’s heightened economic stress, according to Chief Executive Officer Charlie Nunn. The bank is talking to British regulators about lengthening the terms of some mortgages as well as moving some customers to interest-only loans or lower-cost products as they adjust to the ...

Read More »
Send this to a friend