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Banking

WireTap 0900 10/02/12

A round-up of the key stories across the specialist financial media, including reports that European finance ministers are withholding a Greek rescue package until further austerity measures are imposed.


Greece rebuffed on aid over austerity vote

European finance ministers have held back a rescue package for Greece leaving lawmakers in Athens under government pressure to endorse a new austerity plan.

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RBS said to dismiss bankers in Libor probe

Royal Bank of Scotland has dismissed at least four employees in connection with a probe of potential interest- rate manipulation.

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Germans concerned over Draghi liquidity offer

Mario Draghi has met resistance from the Bundesbank over easing access to ECB liquidity for eurozone banks, highlighting German unease over the measures the ECB president has taken.

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Barclays caps bonuses as profit falls

Barclays has capped the cash component of bonuses at £65,000 as the company announced an 8% drop in net profit.

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Chinese copper and crude oil imports rise

China’s imports of oil and copper increased year-on-year in January, rebutting expectations of weak buying.

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