Goldman Sachs tries to silence blogger
On some occasions bloggers have caused despair and problems for certain people, this is put down to the fact that they are unregulated and therefore write what they want about whomever they want.
One such blogger Mike Morgan has got under the skin of US bankers Goldman Sachs who have instructed a top law firm Chadbourne [...]
Lessons in Personal Finance
These days more than ever are times when personal finance should be taught to young adults, especially if they are leaving home to go to college or just starting out on a new career. Whatever the route taken, personal finance is going to take up a large part of their life from now on.
Yet with [...]
UK banks not too good online
The UK’s top five banks did not fair too well when they were road tested by the finance 1000 website index, this is where banking and finance websites are tested and graded to certain standards.
Yet none of the UK’s top five banks websites made it into the top ten, in fact the UK’s leading [...]
Credit crisis can be good for your bank balance
The current financial crisis is going to have different effects on different people; it all depends on how their finances were holding up at the time when the credit crisis first started.
However the recession can be good for some people as there are many opportunities for UK consumers to get some great deals and [...]
Could Aston Martin be repossessed
It may seem like a far fetched story, but even the current chairman David Richards confirms that technically the company is in danger of being in breach of the contracts that it has with the banks.
This is not an immediate problem, but in the middle of the year, this could be a real a [...]
Banks and Finance companies lose details
Despite all of the security measures and warnings to customers, the banking and financial services industry has lost or how they put it mislaid the personal details of over nine million customers over the past year.
However, because of the tight rules that regulate the finance and banking industry the regulators cannot disclose the guilty banks [...]
Barclays selling off equity arm
In order for Barclays to strengthen their position in the world of finance, it looks as if they are going to sell off Barclays Private Equity (BPE); if this is not possible then they could quite easily consider the disposal of some of their holdings in the BPE funds.
This just goes to show that the [...]
Banks caught up in a fraud
Some of the largest names in the banking world have been caught up in massive $50 billion fraud; this has led to the person behind it, New York financier, Bernard Madoff on serious fraud charges.
Once again, some familiar names within the banking industry are listed as being involved in this fraud.
HSBC $1 billion
Royal Bank of [...]