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"This is really more of the same as 2014, with further fines for rate fixing, transaction reporting failures, mis-selling, client asset breaches and complaints handling failures".
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Sir, There has never yet been a committee that can question adequately — as the Treasury select committee questioning Bob Diamond, ex-Barclays Bank, demonstrated ("Diamond refuses to take blame for rate fix", July 5).
There are fines for sanctions busting and exchange rate fixing and "settlements" for multifarious dodgy practices.
In this article, a novel USS feedback scheme and relative user selection procedure are proposed to avoid large inter-user interference in downlink ZF MU-MIMO for low rate fixed codebook feedback.
You're an ex-banker who made millions during the fatal bubble of the early 21st century; you were at a bank that has been fined for rate-fixing.
You were at a bank that has been fined for rate-fixing … The fact that people like you got up to all sorts of greedy lending and fiddling is why we're in the crisis".
It has been dogged by a succession of problems incuding a £390 million settlement for rate-fixing, a £1.1 billion provision for mis-selling and a £175 million IT fiasco.
For a loan with a rate fixed for the first 10 years, Wells was writing mortgages at 4.125% for jumbo borrowers compared with 4.875% for conforming loans, he said.
It is offering two deals: one with a rate of 4.99% for two years and a second with a 5.49% interest rate fixed for five years.
He put 5percentt down and financed the rest at a 8.125 percent rate, fixed for five years, then adjusted annually for 25 years.
From Monday, HSBC will be offering borrowers a 1.99% rate fixed for five years – the lowest ever rate on a mortgage over that period.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com