FIS Launches P2P Payments SolutionFebruary 11, 2013FIS People Pay allows banks to offer their customers the ability to send payments directly to other consumers using an e-mail address or mobile phone number.
Cracks Appear in European Banking Union SchemeFebruary 08, 2013It was billed as a
reform that would tighten policing of Europe's banks and end
their ability to suck states into crisis. Now fears are growing
that a central element of banking union will be scaled back,
undermining the whole scheme.
New Measures to Lift Veil on Banks' Capital RatiosFebruary 03, 2013The game may soon be up for banks
that have made themselves look healthier by understating how
risky their businesses are, which should help pension funds,
savers and companies to decide which institutions to invest in.
RIM to Rename Itself BlackBerryJanuary 30, 2013Research In Motion Ltd
is changing its name to BlackBerry, the company
announced on Wednesday, in move to refresh its tarnished image
as it begins marketing a reengineered line of BlackBerry 10
Treasury Needs Exit Plan for Ally Financial, Says WatchdogJanuary 30, 2013The U.S. Treasury needs to develop a
concrete plan for exiting its 74 percent stake in auto
financing company Ally Financial Inc, the second-largest
remaining recipient of federal bailout dollars, an internal
watchdog said in a report released Wednesday.<
U.K. Watchdog Closes Lehman Case Against Auditor E&YJanuary 29, 2013Britain's accounting watchdog
declined to take any action against Ernst & Young (E&Y) over its
auditing of Lehman Brothers before the U.S. investment bank
failed in 2008 and triggered a near meltdown in global markets.
BofA's Moynihan Calls for Renewed Focus on CustomersJanuary 28, 2013Bank of America Corp must focus
on improving customer service as it moves past its crisis-era
problems, CEO Brian Moynihan said in a letter sent to employees,
signaling one of his strategies for boosting revenue at the