Category: General

HSBC’s biggest ever restructuring had been necessary to simplify the bank’s complex structure which had made it attractive to money-laundering criminals, its chief executive said. Stuart Gulliver said HSBC’s structure “was not fit for...

Royal Bank of Scotland is today expected to announce that the head of its investment bank, John Hourican, will leave the company and give up rights to around four million pounds-worth of share options....

The boss of one of Britain’s taxpayer-owned banks is being lined up for a bonus of up to 1.5 million pounds for last year, refusing to follow the example set by his counterparts at...

An Open Letter to Sefton Resources After 3 & a half months of emailing Jim Ellerton we finally got a reply. We now publish our response to that single reply. Mr Ellerton I’ll respond...

The last vestiges of Barclays’ old guard are being swept away in a clearout that has claimed the finance director and the bank’s legal chief. Chris Lucas, the finance director since 2007, and Mark...

It’s been a Dusty week in the Smallcaps Underverse, a BUSY WEEK. Agriterra (LON:AGTA) Has completed the assignment of its 20% interest in the South Omo Block to Marathon Oil and has received a...

UK authorities are probing an allegation that Barclays loaned Qatar money to invest in the bank as part of its cash call at the height of the financial crisis in 2008, which enabled the...

A formal apology has now been received from the GFI employee at the centre of the BMD site access dispute. We accept this chaps apology and GFI’s explanation. However be under no illusion BMD...