• Kidsplanations Episode 6 – Lines of Credit

    Lines of Credit can be complex. Here's a definition so simple, even a kid can explain it! For more Kidsplanations, check out https://discover.rbcroyalbank.com/kidsplanations-episode-7-resp/

    published: 12 Dec 2016
  • Credit Suisse Downgraded Royal Bank of Scotland To Neutral From Outperform

    "Credit Suisse downgraded Royal Bank of Scotland (NYSE:RBS) on Tuesday to neutral from outperform after the broker reviewed first-half results from the bank sector in the U.K. The broker said, ""RBS results were inline and progress in non-core is better than expected. But recent disposal gains and risk weighted asset inflation in the first half have left us subdued. The next leg of the story, in our view, is capital. In the last 4 weeks, Basel amendments, interim results and fair value gains have increased our view of 2013 estimated capital by 8 billion pounds."" SmarTrend is bullish on shares of Royal Bank of Scotland and our subscribers were alerted to buy on July 26, 2010 at $14.46. The stock has risen 11.1% since the alert was issued."

    published: 10 Aug 2010
  • R.B.C BANKING CONCERNS

    published: 09 Mar 2017
  • How to use credit card machine

    How to use credit card machine

    published: 05 Aug 2016
  • How to use your unassigned credit

    How to use your unassigned credits on Traffic Monsoon advertising website, these are the credits you earn back for watching the minimum of 10 adverts per day advertised by other advertisers at Traffic Monsoon's website. Available for free. https://marketingvideodiy.com/Video-Marketing-Services/website-traffic/traffic-monsoon/ For More How to Video and Marketing Tutorials By Jose Nunes go to http://marketingvideodiy.com/ or join My Traffic Monsoon team at http://marketingvideodiy.com/trafficmonsoon/ More how to Video Marketing Tutorials using Sony Movie Studio Platinum 12, Sony Vegas Pro and Camtasia Studio 8 video list, use these links below: Movie studio platinum 12 How To Video Series: https://www.youtube.com/watch?v=vgeF_V1lETE&list=PLwXUrQnTWm4VXCKgZnLa-Xxz7vRb9OuW0 Green screen ...

    published: 30 Nov 2015
  • Nout Wellink wordt zenuwachtig van credit default swaps (CDS)

    Nout Wellink ziet een ander probleem. "Credit default swaps zijn in beginsel prachtige producten." Zij worden pas een probleem als de handel erin explosieve vormen aanneemt. Maar wanneer dat gebeurt is van tevoren niet te zeggen. Peter van Ingen wil graag weten of Wellink de sector niet meer had moeten waarschuwen. "Toen het goed ging op de markt wilde niemand naar me luisteren en kreeg ik geen podium", reageerde de president van de centrale bank, die aankondigde dat het Basel Comité snel met voorstellen komt om de gaten in de regels en het (verbrokkelde) bankentoezicht te dichten.

    published: 08 Jun 2011
  • Barclays bank fined $453m for market fixing

    Subscribe to our channel http://bit.ly/AJSubscribe Barclays share price has plunged by 17 per cent after the UK bank was hit by record fines for distorting key interest rates. The rates concerned play a major role in international financial markets and affect how businesses and consumers borrow money. Barclays agreed to pay $453m for using underhand tactics, including price-fixing, to rig the markets. Other British banks also slumped on reports that the scandal was set to engulf HSBC, Lloyds Banking Group and Royal Bank of Scotland. Laurence Lee reports from London. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching...

    published: 28 Jun 2012
  • THEY STOLE MY BANK CARD - VLOG 013

    We were in for an interesting day. Bank card got stuck in the ATM, we got charged $900 for a t shirt BUT we ended the day with ATV's and life on the beach

    published: 19 Oct 2016
  • Thieves Smash Bank Museum, Steal Gold

    A group of thieves drove an SUV through the front door of the Wells Fargo Bank museum in San Francisco Thursday and stole at least ten thousand dollars in gold nuggets from a display case. (Jan. 28) Subscribe for more Breaking News: http://smarturl.it/AssociatedPress Get updates and more Breaking News here: http://smarturl.it/APBreakingNews The Associated Press is the essential global news network, delivering fast, unbiased news from every corner of the world to all media platforms and formats. AP’s commitment to independent, comprehensive journalism has deep roots. Founded in 1846, AP has covered all the major news events of the past 165 years, providing high-quality, informed reporting of everything from wars and elections to championship games and royal weddings. AP is the largest...

    published: 29 Jan 2015
  • UK Banks Pay Out $2.5 Billion For Swaps Mis-selling

    The financial regulator said on Tuesday, Britain's biggest banks have paid out 1.54 billion pounds ($2.46 billion) to compensate small firms mis-sold complex interest rate hedging products. The Financial Conduct Authority said that 9,858 cases had been settled by Barclays , HSBC , Lloyds Banking Group and Royal Bank of Scotland . The products were supposed to protect smaller companies against rising interest rates but, when rates fell, the companies had to pay large bills, typically running to tens of thousands of pounds. http://news.yahoo.com/uk-banks-pay-2-5-billion-swaps-mis-091222189--sector.html http://www.wochit.com

    published: 14 Oct 2014
  • WWE 2K18 Top 5 Money In The Bank 2017 Attires Swapped ideas or Concepts!

    WWE 2K17 - Top 5 Money In The Bank 2017 Attires Swapped

    published: 19 Jun 2017
  • Why Should I Use A TFSA?

    This way why millennials should use a tfsa over an rrsp (the globe and mail) jan 30, 2017 tax free savings investment accounts offer novel benefits, but are designed for specific purpose not be viewed as vs in the ultimate battle canada's dollars! when you registered account other? Updated aug 12, 2014 used short term tool or my retirement? It can either. But the true gift of tfsa is that your jan 24, 2015 here's a new idea instead following crowds pumping unthinking amounts money into so called tax free savings accounts (tfsas), jun 19, 2017 this to discourage people from using their realize gains on investments would otherwise be subject. Jan 13, 2014 investing in a tax free savings account should be priority for most canadians. Here are the 10 most misunderstood things about tfsas. Fina...

    published: 20 Jul 2017
  • What should I do about Interest Rate Swaps? 20 Sep 2013

    Financial Mis-selling in Insolvency I have had an increasing number of enquiries about these products and have now been through the entire subject, both what the FCA has to say about them as well as the case-law. I thought I would post this video, but please note that this is not specific legal advice but a preliminary overview or opinion because it seemed to me that IPs wanted at least a summary of the subject to get a handle on what to do. The first thing to say is that the values are quite high and £100,000 is at the lower end of the scale. Moreover banks are not inclined to include consequential loss amounts in their settlement offers, it appears. So awards could be much higher. The second thing to note is that the limitation periods are a relevant factor as many of these were sold...

    published: 28 Apr 2015
  • Banks downgraded

    Confidence in the UK's financial sector was dealt a blow after an agency slashed the credit ratings of some of Britain's biggest banks to reflect reduced Government support. Lloyds Banking Group, Santander UK, Royal Bank of Scotland, Co-operative Bank, Nationwide and seven smaller building societies had their debt downgraded by Moody's Investor Service. The widely-expected move, which triggered a fall in banking shares on the London Stock Exchange, reflects moves by the Government to shift risk away from taxpayers and on to creditors but could see the cost of borrowing for the affected financial institutions increase. The Chancellor said he was sure the banks were well funded, while Lloyds and RBS defended their record on improving their finances. Moody's stressed its review did not re...

    published: 07 Oct 2011
  • More banks to pay dear for Libor fixing

    http://www.euronews.com/ The Financial Times is reporting that as well as Barclays, another 11 global banks will be implicated in the Libor scandal. And according to analysts at Morgan Stanley the total cost of paying regulators and legal settlements could be 11.5 billion euros for those banks over the next two years. Barclays has already admitted manipulating Libor, a key interest rate for loans and derivatives. The Morgan Stanley analysts estimated that 2012 earnings will be reduced for Bank of America , Citigroup, JPMorgan Chase, Credit Suisse Group, UBS, Deutsche Bank, Societe Generale, Royal Bank of Scotland Group, HSBC Holdings and Lloyds Banking Group. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews...

    published: 13 Jul 2012
  • 'Pay By Phone' System: Banks Sign Up

    A system which allows mobile phone users to send and receive money from their handsets without the need to swap account details has won the backing of most high street banks. Customers can now register their devices ahead of the Paym - pronounced 'pay em' - scheme's launch on April 29. The Payments Council (PC), which developed the system, said it can be used by "friends and family" to settle IOUs between each other. The organisation said UK consumers rack up an average of £255.81 annually on informal debt, totalling £12.6bn. It claims the system, which is similar to Barclays' two-year-old Pingit mobile money transfer service, is ideal for sharing restaurant bills with friends or putting money towards household bills. However, both payer and payee must have their phone numbers registe...

    published: 02 Apr 2014
Kidsplanations Episode 6 – Lines of Credit

Kidsplanations Episode 6 – Lines of Credit

  • Order:
  • Duration: 0:41
  • Updated: 12 Dec 2016
  • views: 2146
videos
Lines of Credit can be complex. Here's a definition so simple, even a kid can explain it! For more Kidsplanations, check out https://discover.rbcroyalbank.com/kidsplanations-episode-7-resp/
https://wn.com/Kidsplanations_Episode_6_–_Lines_Of_Credit
Credit Suisse Downgraded Royal Bank of Scotland To Neutral From Outperform

Credit Suisse Downgraded Royal Bank of Scotland To Neutral From Outperform

  • Order:
  • Duration: 1:06
  • Updated: 10 Aug 2010
  • views: 89
videos
"Credit Suisse downgraded Royal Bank of Scotland (NYSE:RBS) on Tuesday to neutral from outperform after the broker reviewed first-half results from the bank sector in the U.K. The broker said, ""RBS results were inline and progress in non-core is better than expected. But recent disposal gains and risk weighted asset inflation in the first half have left us subdued. The next leg of the story, in our view, is capital. In the last 4 weeks, Basel amendments, interim results and fair value gains have increased our view of 2013 estimated capital by 8 billion pounds."" SmarTrend is bullish on shares of Royal Bank of Scotland and our subscribers were alerted to buy on July 26, 2010 at $14.46. The stock has risen 11.1% since the alert was issued."
https://wn.com/Credit_Suisse_Downgraded_Royal_Bank_Of_Scotland_To_Neutral_From_Outperform
R.B.C BANKING CONCERNS

R.B.C BANKING CONCERNS

  • Order:
  • Duration: 3:04
  • Updated: 09 Mar 2017
  • views: 281
videos
https://wn.com/R.B.C_Banking_Concerns
How to use credit card machine

How to use credit card machine

  • Order:
  • Duration: 0:54
  • Updated: 05 Aug 2016
  • views: 19173
videos
How to use credit card machine
https://wn.com/How_To_Use_Credit_Card_Machine
How to use your unassigned credit

How to use your unassigned credit

  • Order:
  • Duration: 4:45
  • Updated: 30 Nov 2015
  • views: 436
videos
How to use your unassigned credits on Traffic Monsoon advertising website, these are the credits you earn back for watching the minimum of 10 adverts per day advertised by other advertisers at Traffic Monsoon's website. Available for free. https://marketingvideodiy.com/Video-Marketing-Services/website-traffic/traffic-monsoon/ For More How to Video and Marketing Tutorials By Jose Nunes go to http://marketingvideodiy.com/ or join My Traffic Monsoon team at http://marketingvideodiy.com/trafficmonsoon/ More how to Video Marketing Tutorials using Sony Movie Studio Platinum 12, Sony Vegas Pro and Camtasia Studio 8 video list, use these links below: Movie studio platinum 12 How To Video Series: https://www.youtube.com/watch?v=vgeF_V1lETE&list=PLwXUrQnTWm4VXCKgZnLa-Xxz7vRb9OuW0 Green screen how to chroma key green screen backgrounds using green screen software Sony Vegas pro: https://www.youtube.com/watch?v=cSHVb3DZ-yA&list=PLA0B789B1EEC0939A How to Chroma key Green Screen New How to use Camtasia Studio 8 new video tutorials: https://www.youtube.com/watch?v=0CjV6NZt82o&list=PLwXUrQnTWm4WECNedomKjYw5usSqE-EMK STAY CONNECTED Subscribe to my YouTube channel link: http://www.youtube.com/subscription_center?add_user=jnuness How to Video Marketing Website - https://marketingvideodiy.com/ Google +: - https://plus.google.com/+JoseNunes G+ Group: https://plus.google.com/communities/101432288011878314363 Facebook - https://www.facebook.com/JosemlNunes FB Group: https://www.facebook.com/groups/videomarketing1/ Twitter - https://twitter.com/JoseMLNunes Linkedin: https://uk.linkedin.com/in/howtovideomarketing Regards, Jose Nunes.
https://wn.com/How_To_Use_Your_Unassigned_Credit
Nout Wellink  wordt zenuwachtig van credit default swaps (CDS)

Nout Wellink wordt zenuwachtig van credit default swaps (CDS)

  • Order:
  • Duration: 2:02
  • Updated: 08 Jun 2011
  • views: 469
videos
Nout Wellink ziet een ander probleem. "Credit default swaps zijn in beginsel prachtige producten." Zij worden pas een probleem als de handel erin explosieve vormen aanneemt. Maar wanneer dat gebeurt is van tevoren niet te zeggen. Peter van Ingen wil graag weten of Wellink de sector niet meer had moeten waarschuwen. "Toen het goed ging op de markt wilde niemand naar me luisteren en kreeg ik geen podium", reageerde de president van de centrale bank, die aankondigde dat het Basel Comité snel met voorstellen komt om de gaten in de regels en het (verbrokkelde) bankentoezicht te dichten.
https://wn.com/Nout_Wellink_Wordt_Zenuwachtig_Van_Credit_Default_Swaps_(Cds)
Barclays bank fined $453m for market fixing

Barclays bank fined $453m for market fixing

  • Order:
  • Duration: 2:40
  • Updated: 28 Jun 2012
  • views: 2016
videos
Subscribe to our channel http://bit.ly/AJSubscribe Barclays share price has plunged by 17 per cent after the UK bank was hit by record fines for distorting key interest rates. The rates concerned play a major role in international financial markets and affect how businesses and consumers borrow money. Barclays agreed to pay $453m for using underhand tactics, including price-fixing, to rig the markets. Other British banks also slumped on reports that the scandal was set to engulf HSBC, Lloyds Banking Group and Royal Bank of Scotland. Laurence Lee reports from London. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts
https://wn.com/Barclays_Bank_Fined_453M_For_Market_Fixing
THEY STOLE MY BANK CARD - VLOG 013

THEY STOLE MY BANK CARD - VLOG 013

  • Order:
  • Duration: 7:30
  • Updated: 19 Oct 2016
  • views: 142
videos
We were in for an interesting day. Bank card got stuck in the ATM, we got charged $900 for a t shirt BUT we ended the day with ATV's and life on the beach
https://wn.com/They_Stole_My_Bank_Card_Vlog_013
Thieves Smash Bank Museum, Steal Gold

Thieves Smash Bank Museum, Steal Gold

  • Order:
  • Duration: 1:12
  • Updated: 29 Jan 2015
  • views: 1125
videos
A group of thieves drove an SUV through the front door of the Wells Fargo Bank museum in San Francisco Thursday and stole at least ten thousand dollars in gold nuggets from a display case. (Jan. 28) Subscribe for more Breaking News: http://smarturl.it/AssociatedPress Get updates and more Breaking News here: http://smarturl.it/APBreakingNews The Associated Press is the essential global news network, delivering fast, unbiased news from every corner of the world to all media platforms and formats. AP’s commitment to independent, comprehensive journalism has deep roots. Founded in 1846, AP has covered all the major news events of the past 165 years, providing high-quality, informed reporting of everything from wars and elections to championship games and royal weddings. AP is the largest and most trusted source of independent news and information. Today, AP employs the latest technology to collect and distribute content - we have daily uploads covering the latest and breaking news in the world of politics, sport and entertainment. Join us in a conversation about world events, the newsgathering process or whatever aspect of the news universe you find interesting or important. Subscribe: http://smarturl.it/AssociatedPress http://www.ap.org/ https://plus.google.com/+AP/ https://www.facebook.com/APNews https://twitter.com/AP
https://wn.com/Thieves_Smash_Bank_Museum,_Steal_Gold
UK Banks Pay Out $2.5 Billion For Swaps Mis-selling

UK Banks Pay Out $2.5 Billion For Swaps Mis-selling

  • Order:
  • Duration: 0:40
  • Updated: 14 Oct 2014
  • views: 51
videos
The financial regulator said on Tuesday, Britain's biggest banks have paid out 1.54 billion pounds ($2.46 billion) to compensate small firms mis-sold complex interest rate hedging products. The Financial Conduct Authority said that 9,858 cases had been settled by Barclays , HSBC , Lloyds Banking Group and Royal Bank of Scotland . The products were supposed to protect smaller companies against rising interest rates but, when rates fell, the companies had to pay large bills, typically running to tens of thousands of pounds. http://news.yahoo.com/uk-banks-pay-2-5-billion-swaps-mis-091222189--sector.html http://www.wochit.com
https://wn.com/UK_Banks_Pay_Out_2.5_Billion_For_Swaps_Mis_Selling
WWE 2K18 Top 5 Money In The Bank 2017 Attires Swapped ideas or Concepts!

WWE 2K18 Top 5 Money In The Bank 2017 Attires Swapped ideas or Concepts!

  • Order:
  • Duration: 4:45
  • Updated: 19 Jun 2017
  • views: 253
videos
WWE 2K17 - Top 5 Money In The Bank 2017 Attires Swapped
https://wn.com/Wwe_2K18_Top_5_Money_In_The_Bank_2017_Attires_Swapped_Ideas_Or_Concepts
Why Should I Use A TFSA?

Why Should I Use A TFSA?

  • Order:
  • Duration: 0:46
  • Updated: 20 Jul 2017
  • views: 1
videos
This way why millennials should use a tfsa over an rrsp (the globe and mail) jan 30, 2017 tax free savings investment accounts offer novel benefits, but are designed for specific purpose not be viewed as vs in the ultimate battle canada's dollars! when you registered account other? Updated aug 12, 2014 used short term tool or my retirement? It can either. But the true gift of tfsa is that your jan 24, 2015 here's a new idea instead following crowds pumping unthinking amounts money into so called tax free savings accounts (tfsas), jun 19, 2017 this to discourage people from using their realize gains on investments would otherwise be subject. Jan 13, 2014 investing in a tax free savings account should be priority for most canadians. Here are the 10 most misunderstood things about tfsas. Financial to tfsa or not why you should think about paying down debt first basics tax free savings account 10 things need know ways use your (tfsa) rbc royal vs rrsp how do they stack up? Rbc bank. The right way to use a tax free savings account the globe and mail. Example you swap aug 31, 2012 tax free savings accounts (tfsa), rival rrsps as a good, while this doesn't get any benefits in return, neither does it affect your online personalities, such laura clery, are opting to use the social explore some ways could account (tfsa) or talk an rbc advisor for strategies and advice specific situation visit royal bank compare similarities differences of tfsa vsuse our loan calculators. A tax free savings account isn't what you thinktax or paying down debt retire happy. Investors how should i decide whether to put my investments in a tax free. Tfsas are too good to use on spending. Loan payment calculator why should i have an rrsp is the tfsa a better investment option? While great learn how tax free savings account (tfsa) can allow your investments and to grow use borrowed funds contribute tfsa? . Jun 21, 2017 when should i use a tfsa? Tfsas are great for shorter and medium term goals, since there's no tax implication on cashing it out, your feb 6, is the single biggest reason why you free savings account growth of investment (including many have debated tfsas vs rrsps but what about tfsa paying down debts? If they used put against their mortgage, would benefit by if rainy day does come, line credit (@prime 1when you're saving long term, an rrsp or give best financial advisor can review situation goals to help dec 22, 2016 also consider whether will key benefits such as being able recontribute withdrawals, not having withdrawals contribution deductible create any payment using combination hbp withdrawal pre paid plan that allows avoid capital gains, even do retirement savings, at least. Your mortgage, rrsp or tfsa what's the priority? The globe and when not to use a tax free savings account vs which one is better for you? Updated 2017. Should invest in a tfsa moneysense. Gen y money why millennials should use a tfsa over an rrsp taxing decision or tfsa? Should you put yo
https://wn.com/Why_Should_I_Use_A_Tfsa
What should I do about Interest Rate Swaps? 20 Sep 2013

What should I do about Interest Rate Swaps? 20 Sep 2013

  • Order:
  • Duration: 21:37
  • Updated: 28 Apr 2015
  • views: 12
videos
Financial Mis-selling in Insolvency I have had an increasing number of enquiries about these products and have now been through the entire subject, both what the FCA has to say about them as well as the case-law. I thought I would post this video, but please note that this is not specific legal advice but a preliminary overview or opinion because it seemed to me that IPs wanted at least a summary of the subject to get a handle on what to do. The first thing to say is that the values are quite high and £100,000 is at the lower end of the scale. Moreover banks are not inclined to include consequential loss amounts in their settlement offers, it appears. So awards could be much higher. The second thing to note is that the limitation periods are a relevant factor as many of these were sold around 2007 and 2008 and therefore time on 6 years’ limitation periods is running out on one of the most important head of claims if you decide on court action. As for whether or not you should simply let the FCA deal with it and await their full review (having completed a pilot review the FCA is now running a full review with 10 banks and you can “opt-in” with your case to the review), appealing to FOS thereafter, there is a danger that the can gets kicked down the road and that by the end of the road you have missed the limitation period. There is also the problem that many of these IRSs will fall outside the FOS jurisdiction because the values are too high or the business is too big. FOS only deals with 150k max value and £2m max micro-enterprises with 10 or less staff. I am not saying do not go through the banks’ own complaints process when it arrives but that there are significant dangers and I cannot help but think that legal advice on them is needed because you might want to at least issue a claim quickly to protect against limitation. If the PPI scandal is anything to go by the banks’ tactic will be to avoid, delay and deny until the last minute. The third thing to note is that I believe that they may have been mis-sold. I mean this both from a layman’s perspective (gut instinct that it is wrong) and a court perspective (the technical advice the lawyer will give you!), because these are complex financial sector products that have intrinsic mis-selling elements where they have been sold to small and un-sophisticated businesses, like a farmer, shop owner or sole trader and so on. The way they operate may have been very oppressive on the business following the crash as interest rates could have been raised on a loan giving a double whammy effect alongside the IRS itself, which locks you in. In the limited case-law available the business partners in question were clearing going into it with their eyes open and it was sold properly, but this will not always be the case. It is clear that this was a product from a financial commercial sphere adapted for sale to small businesses that was inappropriate in a great many cases. Moreover, the FCA feels that they have been mis-sold, with up to as much as 90% incidence of breach of regulations in the initial pilot batch tested and 2 strong Ombudsman decisions against the banks. I think it is more than just bank-bashing. So my conclusion is that IPs should audit them and identify whether or not there is the likelihood of: (1) High value (losses over 5 years could already be very high) (2) 6 year limitations issue from date of sale (3) Unsophisticated business It may sound a case of selling lawyers again, but I would advise an IP to get a lawyer or someone with knowledge of these products to come in and do an audit on them, at least identifying the above 3 areas – and not to waste time doing so. I will deal with set off in another video but if PPI is anything to go by it will be the exception rather than the rule. Cases: Green & Rowley v Royal Bank of Scotland plc [2012] EWHC 3661 (QB) ; Grant Estates Ltd (in administration) v The Royal Bank of Scotland plc [2012] CSOH 133 FSA Pilot Findings March 2013
https://wn.com/What_Should_I_Do_About_Interest_Rate_Swaps_20_Sep_2013
Banks downgraded

Banks downgraded

  • Order:
  • Duration: 1:57
  • Updated: 07 Oct 2011
  • views: 174
videos
Confidence in the UK's financial sector was dealt a blow after an agency slashed the credit ratings of some of Britain's biggest banks to reflect reduced Government support. Lloyds Banking Group, Santander UK, Royal Bank of Scotland, Co-operative Bank, Nationwide and seven smaller building societies had their debt downgraded by Moody's Investor Service. The widely-expected move, which triggered a fall in banking shares on the London Stock Exchange, reflects moves by the Government to shift risk away from taxpayers and on to creditors but could see the cost of borrowing for the affected financial institutions increase. The Chancellor said he was sure the banks were well funded, while Lloyds and RBS defended their record on improving their finances. Moody's stressed its review did not reflect a deterioration in the financial strength of the banking system or the Government.
https://wn.com/Banks_Downgraded
More banks to pay dear for Libor fixing

More banks to pay dear for Libor fixing

  • Order:
  • Duration: 0:26
  • Updated: 13 Jul 2012
  • views: 386
videos
http://www.euronews.com/ The Financial Times is reporting that as well as Barclays, another 11 global banks will be implicated in the Libor scandal. And according to analysts at Morgan Stanley the total cost of paying regulators and legal settlements could be 11.5 billion euros for those banks over the next two years. Barclays has already admitted manipulating Libor, a key interest rate for loans and derivatives. The Morgan Stanley analysts estimated that 2012 earnings will be reduced for Bank of America , Citigroup, JPMorgan Chase, Credit Suisse Group, UBS, Deutsche Bank, Societe Generale, Royal Bank of Scotland Group, HSBC Holdings and Lloyds Banking Group. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
https://wn.com/More_Banks_To_Pay_Dear_For_Libor_Fixing
'Pay By Phone' System: Banks Sign Up

'Pay By Phone' System: Banks Sign Up

  • Order:
  • Duration: 2:24
  • Updated: 02 Apr 2014
  • views: 403
videos
A system which allows mobile phone users to send and receive money from their handsets without the need to swap account details has won the backing of most high street banks. Customers can now register their devices ahead of the Paym - pronounced 'pay em' - scheme's launch on April 29. The Payments Council (PC), which developed the system, said it can be used by "friends and family" to settle IOUs between each other. The organisation said UK consumers rack up an average of £255.81 annually on informal debt, totalling £12.6bn. It claims the system, which is similar to Barclays' two-year-old Pingit mobile money transfer service, is ideal for sharing restaurant bills with friends or putting money towards household bills. However, both payer and payee must have their phone numbers registered to utilise the service. Payments are password-protected but it is unclear to what extent the system is impervious to hackers. Customers of the Bank of Scotland, Barclays, Halifax, HSBC, Lloyds, Santander, TSB, Cumberland Building Society and Danske Bank will be able to use the service on its launch date. First Direct, Yorkshire and Clydesdale Bank users will be able to join later this year. The Royal Bank of Scotland (RBS) and NatWest are implementing IT upgrades, some mandatory and others by choice, ahead of joining the system. An RBS Group spokesperson told Sky News: "RBS and NatWest are committed to participating in the Paym service and offering our customers an additional way to send and receive payment using a mobile number only. "We expect to be able to offer this service later in the year." The banks have joined Barclays in rolling out peer-to-peer mobile payment systems, but they have general inter-bank restrictions.
https://wn.com/'Pay_By_Phone'_System_Banks_Sign_Up
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