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United States

Lawrence White

Former Barclays bosses hid 322 million pounds in Qatar fees in 2008, court told

9:47am EST

LONDON Four former Barclays executives conspired to commit fraud by hiding 322 million pounds of payments to Qatar in return for cash injections in 2008, a prosecutor alleged at the opening of one of London's most high-profile criminal trials.

Lloyds secures Berlin bank licence as part of Brexit preparations - source

Jan 17 2019

LONDON Lloyds Banking Group has secured a banking licence for its new Berlin-based subsidiary, a source familiar with the matter told Reuters, as part of long-standing plans to Brexit-proof its business with European Union clients.

UPDATE 1-Lloyds secures Berlin bank licence as part of Brexit preparations -source

Jan 17 2019

* Bank gets licence to protect against loss of EU market access

Britain's RBS appoints Katie Murray as finance chief

Dec 18 2018

LONDON Royal Bank of Scotland has appointed Katie Murray as chief financial officer, the bank said on Tuesday, making permanent a role she has held on an interim basis since August.

UPDATE 1-Britain's RBS appoints Katie Murray as finance chief

Dec 18 2018

* Predecessor left in September for HSBC (Adds company confirmation, pay detail)

StanChart to take $160 million charge from private equity sale

Dec 17 2018

Standard Chartered PLC has agreed terms for the sale of its private equity division, ending a more than two-year effort to shed a business the bank no longer deemed central to its strategy.

Barclays promotes 85 in investment bank to managing director

Dec 14 2018

LONDON Barclays has promoted 85 executives in the international division that houses its investment bank to the rank of managing director, the British lender said on Friday.

RPT-Sleeping bags and mini golf as traders brace for Brexit all-nighter

Dec 10 2018

LONDON, Dec 7 As lawmakers gather in Britain's parliament on Tuesday to vote on the future of the country's relationship with Europe, traders in London's financial hub will be bracing for a potential burst of market turmoil that could affect the Brexit process itself.

Sleeping bags and mini golf as traders brace for Brexit all-nighter

Dec 07 2018

LONDON As lawmakers gather in Britain's parliament on Tuesday to vote on the future of the country's relationship with Europe, traders in London's financial hub will be bracing for a potential burst of market turmoil that could affect the Brexit process itself.

Britain's city watchdog taken to court over RBS executives

Dec 05 2018

LONDON Britain's financial watchdog is being taken to court over its handling of an investigation into Royal Bank of Scotland's restructuring unit which has been criticized for its treatment of small businesses after the 2008 financial crisis.

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