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Lawrence White

Exclusive: Lloyds Banking Group to locate third EU subsidiary in Luxembourg - source

Sep 20 2018

LONDON Lloyds Bank is looking to set up a third European Union subsidiary in Luxembourg to serve longstanding life insurance customers after Britain quits the bloc, a source told Reuters, in its latest overhaul aimed at Brexit-proofing its business.

Police hunt loan sharks riding Britain's rising tide of debt

Sep 04 2018

LEICESTER, England Sept 4 Armed police shin up ladders to scale an imposing security fence and rush past palm trees to raid a sprawling mock-Tudor property in search of evidence.

Exclusive: Standard Chartered sells principal finance business to Actis and ICG

Aug 20 2018

LONDON Standard Chartered is in talks to sell its private equity business to Intermediate Capital Group (ICG), a source with direct knowledge of the deal said on Monday, as part of a broader disposal of its 'principal finance' investment business.

Exclusive - StanChart sells principal finance business to Actis and ICG

Aug 20 2018

LONDON Standard Chartered is in talks to sell its private equity business to Intermediate Capital Group (ICG), a source with direct knowledge of the deal said on Monday, as part of a broader disposal of its 'principal finance' investment business.

Standard Chartered says approval for Frankfurt Brexit hub pushed to autumn

Aug 20 2018

LONDON Standard Chartered will likely have to wait until the autumn at the earliest for approval from German and European banking regulators to turn its Frankfurt branch into its European Union subsidiary, a spokeswoman for the bank said on Monday.

British public don't trust banks 10 years after crisis, survey finds

Aug 17 2018

LONDON A majority of Britons do not trust banks and think they did not face severe enough penalties for their part in the 2008 financial crisis, a survey showed on Thursday.

British public don't trust banks 10 years after crisis, survey finds

Aug 16 2018

LONDON, Aug 16 A majority of Britons do not trust banks and think they did not face severe enough penalties for their part in the 2008 financial crisis, a survey showed on Thursday.

Barclays shifting ownership of European branches to Irish unit ahead of Brexit: sources

Aug 13 2018

LONDON Barclays has begun shifting direct ownership of its French, German and Spanish branches from a British-based entity to its Irish bank, according to sources with direct knowledge of the plans, ahead of Britain's exit from the European Union.

Activist Sherborne in talks with Barclays over new chairman

Aug 08 2018

LONDON Activist fund Sherborne Investors is in talks with Barclays about replacing chairman John McFarlane as part of a plan to overhaul the British bank.

HSBC shifts European branches to French unit control ahead of Brexit

Aug 08 2018

LONDON HSBC has shifted ownership of its Polish and Irish subsidiaries from its London-based entity to its French unit, and will do so for seven more European branches, as it prepares for Britain's exit from the European Union.

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