Edition:
United States

Lawrence White

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Dec 11 2017

HSBC draws line under Mexican cartel case after five-years on probation

LONDON HSBC drew a line under its punishment for lapses in anti-money laundering controls on Monday, saying the U.S. Department of Justice (DoJ) would end its deferred prosecution agreement, lifting the threat of further penalties.

Dec 08 2017

RBS CEO says U.S. settlement could slip into next year: Bloomberg

LONDON Royal Bank of Scotland's chances of reaching a deal this year with the U.S. Department of Justice over its mis-selling of toxic mortgage-backed securities are "diminishing", its chief executive said in a Bloomberg TV interview.

Dec 07 2017

Barclays loses top spot in European government bond syndications

LONDON/PARIS British bank Barclays has slid down the rankings in arranging European government bond sales as new regulations and Brexit uncertainty cause upheaval in the sector.

Dec 06 2017

European financial markets' revamp to cost its banks $4.4 billion a year: report

LONDON A wide-ranging reform of European financial markets called MiFID II will cost European investment banks around 2.6 percent of annual revenues, equating to $4.4 billion a year, according to industry analytics firm Coalition.

Dec 05 2017

Goldman Sachs, Standard Chartered eye 750 new jobs in Poland

London Goldman Sachs is looking to hire about 250 staff in Poland in 2018 and Standard Chartered is also considering the country as a possible new hub for around 500 staff, the banks said on Tuesday.

Nov 30 2017

Royal Bank of Scotland closes final chapter on 'bad bank'

LONDON Royal Bank of Scotland has closed the "bad bank" it set up to sell large chunks of its unwanted assets nearly a decade after RBS was rescued in a 45-billion-pound bailout by the British government.

Nov 30 2017

Royal Bank of Scotland closes final chapter on "bad bank"

LONDON, Nov 30 Royal Bank of Scotland has closed its so-called bad bank, which was set up to sell large chunks of its huge stockpile of unwanted assets, nine years after a 45-billion-pound ($60.58 billion) bailout by the British government.

Nov 30 2017

Global deal on bank capital rules likely: EU official

LONDON A deal on global bank capital rules is likely next week, a senior European Commission official said on Thursday, though the compromise that will emerge will be tested for its impact on the EU's economy.

Nov 30 2017

Brexit is 'much ado about nothing': Unicredit CEO

LONDON Britain's exit from the European Union will not have a major impact on European Banks or London's status as a major financial center, the chief executive of Italian bank Unicredit said on Thursday.

Nov 23 2017

UK's 15-billion-pound RBS sale to boost government coffers

LONDON Britain will reprivatise bailed-out lender Royal Bank of Scotland by selling 15 billion pounds ($20 billion) of shares, according to budget documents released on Wednesday, in a boost to finance minister Philip Hammond's coffers. | Video

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