BBA

The British Bankers' Association (BBA) could be stripped of its role in setting the LIBOR interbank lending rate following the fixing scandal which saw Bob Diamond step down as the CEO of Barclays.

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 number of mortgage applications approved by banks fell sharply in June as the UK was hit by the wettest month on record, figures from the British Bankers' Association (BBA) show.

The British Bankers' Association (BBA) has announced Anthony Browne as its next chief executive to succeed outgoing chief executive Angela Knight, who is joining Energy UK.

TOP PERFORMERS

Angela Knight is to step down as chief executive of the British Bankers' Association (BBA) this summer.

Bankers' pay and bonuses should be set by the bank's shareholders, not controlled by legislation, Angela Knight, the chief executive of the British Bankers Association (BBA) has said.

The number of mortgage approvals increased around 4% on a monthly and yearly basis in July to 74,590, as gross mortgage lending remained flat for a third consecutive month at £7.6bn, the British Bankers' Association (BBA)reports.

Simplified advice poses a "systemic risk" to IFAs because it opens them up to mass compensation claims for unsuitable advice, according to Prudential.

The FSA has agreed to temporary arrangements for Barclays, Lloyds Banking Group and RBS to handle Payment Protection Insurance (PPI) complaints.