finance
monthly
Personal Finance. Money. Investing.
Updated at 15:45
Contribute
Premium
Awards

Most Recent

more information

Editor's letter - March 2015

6th March 2015
It’s been something of a monumental month for the team here at Finance Monthly. I was fortunate to meet with the Lord Mayor of the City of London, Alan Yarrow, for an in-depth interview on the past, present and future state of the UK’s finance industry, at the start of February. This month we also […]
Read the full article

Lloyds to pay first dividend in six years

27th February 2015
Lloyds Banking Group has announced it is to pay its first shareholder dividend in six years after posting a much improved financial performance for 2014. The bank announced a statutory profit before tax of £1.8 billion, a considerable increase on 2013’s figure of £0.4 billion. As a result, it is recommending a dividend of 0.75 […]
Read the full article

RBS posts loss of £3.65 billion for 2014

26th February 2015
The UK’s RBS Group announced an attributable loss of £3,470 million (€4.7 billion) in 2014, compared with a loss of £8,995 million (€12.3 billion) in 2013, when it posted its 2014 financial report today. However, the beleaguered banking group said it was making further progress towards a stronger, safer and more sustainable business. “Last year […]
Read the full article

One Bank research agenda launched today 

25th February 2015
The Bank of England today launched its new One Bank Research Agenda – an ambitious and wide-ranging framework to transform the way research is done at the Bank. The One Bank Research Agenda aims to improve the coordination and openness of the Bank’s research across all policy areas, to ensure the Bank makes the best […]
Read the full article

FTSE breaks through record high

25th February 2015
Yesterday the FTSE 100 recorded its highest closing price ever, finishing at 6,949.63, higher than its previous best of 6,930.2, recorded on December 30, 1999, when the dot come boom was at its height. In the same day, the FTSE also broke its previous highest intraday price, also achieved on that same day, of 6,950, […]
Read the full article

Balfour Beatty agrees £85 million pension deficit terms

24th February 2015
Balfour Beatty, the international infrastructure group, has announced that it has agreed heads of terms with the Trustee of the Balfour Beatty Pension Fund to re-profile the £85 million (€116 million) pension deficit payment, agreed at the time of the Parsons Brinckerhoff disposal, over eight years. As stated in the trading update on 22 January, […]
Read the full article

FCA fines Aviva Investors £17.6 million

24th February 2015
The Financial Conduct Authority (FCA) has fined Aviva Investors Global Services Limited (Aviva Investors) £17,607,000 (€24 million) for systems and controls failings that meant it failed to manage conflicts of interest fairly. These weaknesses led to compensation of £132 million (€180 million) being paid to ensure that none of the funds Aviva Investors managed was […]
Read the full article

FCA unveils new Senior Managers Regime

24th February 2015
Non-Executive Directors (NEDs) with specific responsibilities, such as Chairman, will come under the new Senior Managers Regime (SMR), the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have confirmed. Following a detailed consultation across industry and with stakeholders it was also decided the regime would not apply to those NEDs who do not perform […]
Read the full article

HSBC blames profit slump on ‘challenging year’

23rd February 2015
HSBC’s Group Chief Executive Stuart Gulliver blamed a ‘challenging year’ for the banking group’s 17% drop in profit before tax (PBT), as the financial giant posted its full year 2014 results today. The results follow allegations earlier this month that HSBC’s Swiss unit has assisted people to avoid and evade tax using hidden accounts in […]
Read the full article

Argentina most complex place to do business

11th February 2015
For the second year running, Argentina has been ranked as the most complex country for multinational enterprises to do business in, according to TMF Group’s Global Benchmark Complexity Index. The far-reaching annual study by TMF Group has ranked 81 jurisdictions across Europe, the Middle East, Africa, Asia-Pacific and the Americas according to how complex they […]
Read the full article

Legal & General to enter lifetime mortgage market

11th February 2015
Legal & General Group has announced its intention to acquire 100% of New Life Home Finance Limited for a consideration of £5 million (€6.7 million). Newlife is a privately owned UK-based provider of lifetime mortgage products. The acquisition by Legal & General's Retirement division is expected to complete during H1 2015, subject to FCA approval. […]
Read the full article
1 … 529 530 531 532 533 … 537

About Finance Monthly

Universal Media logo
Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.

Follow Finance Monthly

© 2024 Finance Monthly - All Rights Reserved.
News Illustration

Get our free weekly FM email

Subscribe to Finance Monthly and Get the Latest Finance News, Opinion and Insight Direct to you every week.
chevron-right-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram