United States

Emma Rumney

Britain's recovering RBS delivers first dividend in a decade

Oct 12 2018

LONDON Royal Bank of Scotland paid its first dividend since a 2008 British government bailout on Friday, rewarding around 190,000 shareholders with a 2 pence per share payout. | Video

Britain's Lloyds awards $40 billion investment contract to BlackRock

Oct 12 2018

LONDON Lloyds Banking Group has awarded BlackRock a 30 billion pound ($40 billion) slice of one of Europe's biggest investment contracts to be invested using the U.S. company's various index strategies.

Exclusive: BoE takes action to steer lenders through 'no-deal' Brexit - source

Oct 11 2018

LONDON The Bank of England (BoE) has asked lenders in Britain to provide six-hourly checks on their balance sheets in the days after a possible "no-deal" Brexit as it seeks to avert a sudden squeeze in credit supply, a senior industry source said.

Schroders targets British wealth boost with Lloyds tie-up

Oct 08 2018

LONDON Schroders could soon help manage the money of people with significantly less in their bank accounts than the super-rich it has targeted so far, if talks with Lloyds about a wealth management tie-up succeed. | Video

Lawmakers criticize RBS and Barclays for online banking outages

Sep 21 2018

Royal Bank of Scotland apologized for outages that hit its online and mobile banking services on Friday, the latest in a string of such failings at British banks which have drawn criticism from customers and lawmakers.

RBS CEO 'edited' the truth in evidence session: British lawmakers

Sep 14 2018

LONDON British lawmakers on Friday accused Royal Bank of Scotland (RBS) Chief Executive Ross McEwan of withholding information when he gave evidence to their committee in January, a charge the CEO disputes. | Video

Investec asset management spin off plan lifts shares

Sep 14 2018

JOHANNESBURG/LONDON Investec cheered investors on Friday with plans to spin off its asset management unit in a surprise restructuring ahead of the departure after four decades of the South African firm's founder and chief executive.

UPDATE 3-Investec asset management spin off plan lifts shares

Sep 14 2018

* Unit has $143 billion under management (Adds more detail, updates management quote, share price)

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