Trade officials from the European Union and the United States have made painstaking progress after a week of negotiations in Brussels. . .

http://www.bbc.co.uk/news/business-28368953#

The UK economy will grow faster in 2014 than any other G7 economy, while low  wage rises will ensure interest rates do not rise until next year, an  influential report has forecast. . .

http://www.bbc.co.uk/news/business-28393377#

Swiss banking giant Credit Suisse has reported its biggest quarterly loss in almost six years after being hit by costs related to its settlement with US  authorities over tax evasion charges. . . .

http://www.bbc.co.uk/news/business-28415702#

About 41 percent of U.K. bankers expect a pay increase this year as Britain’s economy recovers, according to a survey by Ernst & Young LLP. . .

http://www.bloomberg.com/news/2014-07-14/u-k-bankers-anticipate-a-pay-rise-ernst-young-says.html

Banks shouldn’t count on a fresh round of European Central Bank cash to trade sovereign debt and reap big profits, Mario Draghi said. . .

http://www.bloomberg.com/news/2014-07-14/draghi-says-banks-shouldn-t-count-on-another-carry-trade.html

Prosecutors from the U.S. Department of Justice are offering immunity deals to junior traders in London as they continue to investigate the alleged rigging of foreign exchange rates by banks and senior traders, the Financial Times reported, citing sources. . .

http://uk.reuters.com/article/2014/07/13/uk-regulator-doj-forex-idUKKBN0FI14320140713

Barclays boss Antony Jenkins faces one of the biggest tests of his leadership this month when he decides whether the bank, Britain’s third largest, should fight accusations it deceived and defrauded customers in the United States. . .

http://uk.reuters.com/article/2014/07/13/barclays-investigation-idUKL6N0PL1XZ20140713?rpc=401&feedType=RSS&feedName=americasRegulatoryNes&rpc=401

The unit is said to resemble something of a revolving door . . .

http://hereisthecity.com/en-gb/2014/07/14/exodus-at-top-firm-unit-continues/

Annika Falkengren, the chairman of the Swedish Bankers’ Association, is in talks with her members to target reducing mortgage debt. . .

http://www.bloomberg.com/news/2014-07-14/swedish-bankers-group-in-talks-on-joint-bid-to-cut-mortgage-debt.html

The Financial Policy Committee is today launching a consultation on the design  of a leverage ratio framework for the UK. This forms part of the FPC’s review of  the role of the leverage ratio within the capital framework for banks, as  requested by the Chancellor of the Exchequer in November 2013. . .

http://www.bankofengland.co.uk/publications/Pages/news/2014/099.aspx