BBA

Seeking bilateral agreement

The UK's challenge to overthrow banking bonus cap plans has been rejected by the EU Court of Justice.

Former Financial Services Authority CEO Sir Hector Sants is to join the board of the British Bankers' Association (BBA) lobbying group, according to reports.

TURNAROUND STORIES

First State Investments' Peter Meany, head of global listed infrastructure, explains how he is positioning his portfolio to capture the best opportunities in a varied space.

INCOME

The British Bankers Association (BBA) has come under fire from a former member of the LIBOR compilation team at Thomson Reuters, who claims the organisation was told on a weekly basis in 2008 that the rates were being distorted.

The government's plans to ringfence UK banks' retail businesses are 'barking mad' and could threaten the fragile economic recovery, the chief of a leading British business association has said.

Shares in Barclays were off around 1% in early trading after it abandoned its legal challenge against PPI mis-selling and set aside £1bn to cover customer redress and administration costs.

As 2009 dawned, many expected swift and decisive changes to the regulation of the banking system.