Edition:
United States

Iain Withers

UK banks say business investment slowing further ahead of Brexit

Jul 15 2019

LONDON Britain's major banks have seen a growing number of business customers delay decisions on investments and borrowing in recent weeks, as the probability of a disorderly exit from the European Union inches higher.

In Brexit Britain, battling home lenders chase risk and pensioners

Jul 04 2019

STOKE-ON-TRENT, England The framed coat of arms hanging in the headquarters of the Hanley Economic Building Society in Stoke-on-Trent depicts two squirrels in ermine robes above the motto 'Save Safely, Build Surely', which the mortgage lender's customers have duly done for over 150 years.

Investor frustrations build as RBS grapples with excess capital conundrum

Jul 03 2019

LONDON Just over a decade after fending off insolvency, taxpayer-backed Royal Bank of Scotland is struggling with an unfamiliar dilemma: how to effectively deploy billions of pounds of excess capital on its balance sheet.

Investor frustrations build as RBS grapples with excess capital conundrum

Jul 03 2019

* Investors fear full privatisation by 2024 looking out of reach

Britain's Lloyds fined $58 million for HBOS fraud failings

Jun 21 2019

LONDON Britain's financial watchdog has fined Lloyds Banking Group 45.5 million pounds for failures to disclose suspicions of fraud at an HBOS branch in Reading, southern England.

UPDATE 3-Britain's Lloyds fined $58 mln for HBOS fraud failings

Jun 21 2019

LONDON, June 21 Britain's financial watchdog has fined Lloyds Banking Group 45.5 million pounds ($58 million) for failures to disclose suspicions of fraud at an HBOS branch in Reading, southern England.

Ex-Barclays CEO Varley cleared of fraud charges

Jun 21 2019

LONDON Former Barclays CEO John Varley was acquitted of fraud charges on Friday after senior judges said there was insufficient evidence against him in a case about Qatari cash injections that saved the bank from a state bailout in 2008.

Dollars in the detail: banks pan for gold in 'data lakes'

Jun 21 2019

LONDON From sending special offers on restaurants to burger-loving current account holders to selling anonymized credit card records, banks are racing to monetize the huge troves of data they hold.

RPT-UPDATE 2-Britain's Clydesdale bank commits to Virgin Money rebrand, more cost cutting

Jun 19 2019

LONDON, June 19 Clydesdale and Yorkshire Banking Group has laid out plans to challenge Britain's big banks, betting that a re-brand as Virgin Money and growth in business banking will help it shake up the market.

Britain's Clydesdale bank commits to Virgin Money rebrand, more cost cutting

Jun 19 2019

LONDON Clydesdale and Yorkshire Banking Group has laid out plans to challenge Britain's big banks, betting that a re-brand as Virgin Money and growth in business banking will help it shake up the market.

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