BRITAIN’S Payment Systems Regulator (PSR) has fined Britain’s Barclays bank £8.4 million (S$13.9 million) for failing to give retailers full information about card costs, the watchdog said on Thursday (Dec 1).
HSBC has identified US$1.7 billion of extra costs that can be stripped out next year, chief executive Noel Quinn said on Thursday (Dec 1), as the bank battles to improve returns amid calls for it to be broken up by its biggest shareholder.
