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United States

Emma Rumney

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

4:20am EDT

L&G aims for 8-10 percent profit growth from fund business

LONDON British insurer Legal & General is aiming for annual operating profit growth of 8 to 10 percent at its fund management business as part of a broader overhaul that includes plans to expand internationally.

Jun 20 2018

Lloyds Banking Group axes 450 jobs

LONDON Lloyds Banking Group said on Wednesday it would cut 450 mainly back office roles, in the latest round of job cuts as Britain's lenders look to reduce costs and focus on digital initiatives.

Jun 19 2018

Report claims Britain's Lloyds misled investors over HBOS fraud

LONDON An internal Lloyds Banking Group report written by a former manager at the bank and published on Tuesday alleges serious misconduct by the lender over the handling and disclosure of a fraud at its HBOS Reading unit.

Jun 18 2018

CYBG and Virgin Money join forces to take on Britain's biggest banks

LONDON Mid-sized bank CYBG has agreed to buy Virgin Money in a 1.7 billion pound ($2.3 billion) all-share deal that it said will create Britain's sixth-largest bank by assets and a stronger challenger to the country's top four lenders. | Video

Jun 08 2018

Tweeting about banking troubles? You're a fraudster's dream

LONDON Customers who use social media to vent frustration at their banks when services go down are inadvertently making themselves targets for fraudsters, law enforcement officials and industry insiders said.

Jun 07 2018

UK lawmakers have 'lost confidence' in TSB boss over IT crisis

LONDON The chairman of TSB said on Thursday the bank's chief executive, Paul Pester, had the full support of the board, after Pester came under attack from lawmakers over his handling of an IT crisis, casting doubt on his position.

Jun 07 2018

Digital bank Revolut to offer customers fee-free share trading

LONDON British digital-only bank Revolut said on Thursday it is building a commission-free trading platform on its app, its latest bid to use technology to undercut traditional financial services.

Jun 06 2018

Finance watchdog investigates British bank TSB over IT failures

LONDON Politicians criticised TSB boss Paul Pester's handling of the British bank's ongoing IT problems on Wednesday and the Financial Conduct Authority (FCA) said it was investigating the bank's response.

Jun 05 2018

Clydesdale owner's challenge only just starting if wins over Virgin

LONDON Getting together could be the easy bit for mid-sized CYBG and Virgin Money , with breaking the grip of Britain's big four banks an altogether tougher challenge.

Jun 05 2018

Britain takes $2.68 billion loss on RBS share sale

LONDON Britain has sold some of its holding in Royal Bank of Scotland , the bank which it rescued in the 2008 financial crisis, but has taken a loss of more than 2 billion pounds ($2.68 billion) on the deal. | Video

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