M&S to Charge for Current Accounts
Marks & Spencer Group PLC (MKS.LN) said Wednesday it will charge monthly fees for its new current accounts as it sets out to differentiate itself from traditional banks in the wake of a series of banking scandals.
OECD Says ESM Bank License Will Reassure Investors
The euro zone must demonstrate that it will do "whatever it takes" to stay intact, and granting a banking license to its permanent bailout mechanism would be one way of demonstrating that it has the means and will to stabilize bond markets in order to give ongoing reforms time to take effect, the
Peregrine CEO Faces Hearing as Jet, Wine, Condo to be Sold
Peregrine Financial Group CEO Russell Wasendorf Sr., who last week confessed to bilking futures traders of more than $100 million, returns to criminal court on Wednesday, as his receiver prepares to sell his jet, extensive wine collection and other assets that may have been bought with stolen money.