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.
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.
* Bank gets licence to protect against loss of EU market
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.
* Predecessor left in September for HSBC
(Adds company confirmation, pay detail)
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.
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.
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.
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.
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.