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FT.com - Financials
FT.com - Financials

FT.com - Financials
  • FSA unveils tough pay and bonus code
    The FSA is broadening the scope of its pay code to more than 2.500 financial services companies to comply with EU legislation that introduced some of the world's toughest restrictions on bankers' bonuses

  • Santander held back by Spain weakness
    Santander unveils a slight year-on-year fall in first-half net profits, as bad-loan provisions and a poor domestic market offset solid growth across much of Spain's largest banking group

  • Citi retail arm targets affluent Americans
    New York-based banking group will sell a revamped set of accounts and credit cards, in the latest attempt to revive its North American unit

  • Apollo pursues Brit Insurance with third offer
    The Lloyd's of London insurer has agreed to open its books after the US private equity group submitted a third bid of £10.75 a share, which values the equity of the UK company at £851m

  • Challenging half at RAB Capital
    Hedge fund managers said hopes of pressing on with recovery had been dampened with pre-tax loss of £3.3m


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