Edition:
United States

Jane Merriman

Barclays to exit Africa in 'transatlantic' makeover

Mar 02 2016

LONDON Barclays Plc will sell its Africa business as part of a plan by new Chief Executive Jes Staley to simplify the bank's structure and seek higher shareholder returns, it said after reporting a 2 percent profit drop and slashing its dividend. | Video

Barclays-Chef forciert Umbau -Afrikageschäft wird verkauft

Mar 01 2016

London Der neue Barclays-Chef Jes Staley treibt den Umbau der britischen Großbank voran.

RBS shares slump to three-year low after eighth straight yearly loss

Feb 26 2016

LONDON Royal Bank of Scotland (RBS) shares slumped to their lowest in more than three years on Friday as the state-backed bank reported its eighth straight full-year loss and said past mistakes would put shareholder payouts on ice until 2017.

Britain's bankers step up opposition to 'Brexit'

Feb 22 2016

LONDON Britain's financial industry stepped up its campaign against the country leaving the European Union on Monday after Prime Minister David Cameron named a date for the referendum on membership of the bloc.

Britain's bankers step up opposition to 'Brexit'

Feb 22 2016

LONDON, Feb 22 Britain's financial industry stepped up its campaign against the country leaving the European Union on Monday after Prime Minister David Cameron named a date for the referendum on membership of the bloc.

RBS takes $5.1 billion hit in bid to break from past

Jan 27 2016

LONDON Royal Bank of Scotland tried to put its troubled past behind it on Wednesday by making a 3.6 billion pound ($5.1 billion) provision to top up its pension fund and make amends for British and U.S. mis-selling. | Video

RBS takes 3.6 billion pound hit in bid to break from past

Jan 27 2016

LONDON Royal Bank of Scotland tried to put its troubled past behind it on Wednesday by making a 3.6 billion pound ($5.1 billion) provision to top up its pension fund and make amends for British and U.S. mis-selling. | Video

RBS settlement on U.S. mortgages could come within weeks - analysts

Jan 15 2016

Royal Bank of Scotland could reach a settlement within weeks on claims it misled investors in selling U.S. mortgage-backed securities, passing another milestone in its recovery from the financial crisis, analysts said on Friday.

Bank of England bans former Co-op boss from senior bank roles

Jan 15 2016

LONDON The Bank of England banned the ex-boss of Co-operative Bank from holding senior jobs in the sector for life on Friday for his role in prioritising profit at the expense of stability at the lender, which came close to collapse.

Book Talk: "Lost for Words" pokes fun at Britain's literary Oscars

Jun 05 2014

LONDON "Lost for Words" by British writer Edward St Aubyn is a merciless send-up of Britain's literary "Oscars", which stir up a media frenzy every year over which novel should win and a backlash if the favourite doesn't.

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