Archive for the ‘Banking’ Category

HSBC Accepts Its Share Holders Proposals on TSR

HSBC published the agenda of its annual meeting to be held on May 30 which also enclosed decisions on changes to the continuing incentive scheme for its executives.  The bank bowed down to its shareholder pressure on its executive pay plan even though it rejected the controversial proposals to recompense top bosses with cash bonuses […]

Posted by uk-biz on April 4th, 2008

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Lenders are now demanding collateral against personal loans and credit cards

Many banks are forcing their customers to secure their debts on credit cards and personal loans against their properties. The banks are even taking their customers to court to fulfill its demands and it is said that there has been a tremendous increase in the number of orders passed by the court against such cases. […]

Posted by uk-biz on March 28th, 2008

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Some Useful Tips on Packaged Bank Accounts

Of late there has been an imminent threat on the closure of free banking which would affect a large number of Britons when implemented. At the present moment, premier or packaged bank accounts for customers are simply current accounts along with extras at monthly fees. Around 8 million in UK pay around 120 pounds every […]

Posted by uk-biz on March 23rd, 2008

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