Edition:
United States

Sinead Cruise

Emergency lending to Scottish businesses falls short, UK data shows

Aug 07 2020

LONDON A regional breakdown of emergency loans to small firms in Britain during the coronavirus crisis shows that Scotland and the South West of England have received a smaller share of nationwide lending than they did prior to the pandemic.

Emergency lending to Scottish businesses falls short, UK data shows

Aug 06 2020

* Scottish small firms get proportionally less than pre-crisis

UK finance watchdog flags concerns about repeat lending, affordable credit

Aug 06 2020

LONDON Britain's financial watchdog is stepping up its vigilance of credit providers who encourage customers to take on more loans than they can afford, putting them at risk of a personal debt spiral that could ramp up their financial difficulties.

Freibier für Händler - Banken suchen Wege aus dem Homeoffice

Aug 05 2020

Frankfurt/London Mit kostenlosen Sandwiches und Freibier am Feierabend locken Geldhäuser in London ihre Mitarbeiter zurück in die Büros.

Lockdown savings push UK millennials into stock markets

Aug 03 2020

LONDON, August 3 The COVID-19 pandemic has led to a spike in investment among Britons, with millennials leading the way as they turn increasingly to the stock market.

Free lunch! Bosses lure bankers back where they can see them

Jul 30 2020

LONDON Investment banks in London are trying to tempt more staff into the office, laying on free food, Friday night drinks and other perks to lure bankers back where they can pass skills to others -- and compliance departments can keep a closer eye on them.

Pandemic pushes Lloyds Bank into the red as bad debt fears rise

Jul 30 2020

LONDON Lloyds Banking Group swung to a rare pretax loss in the first half of 2020, after setting aside a bigger than expected 2.4 billion pounds second-quarter provision to cover a potential hike in bad loans due to the coronavirus.

UPDATE 3-Pandemic pushes Lloyds Bank into the red as bad debt fears rise

Jul 30 2020

* Ramps up worst-case economic assumptions (Adds analyst, CEO comments)

Bad debt charge overshadows trading surge at Barclays

Jul 29 2020

LONDON Barclays set aside a higher than expected 1.6 billion pounds ($2.1 billion) to cover a possible rise in loan losses in the second quarter and warned a grim outlook and low interest rates would hurt profits into 2021. | Video

Exclusive: HSBC aims to double number of senior Black staff by 2025 - memo

Jul 28 2020

LONDON HSBC aims to double the number of Black staff in senior roles by 2025, Chief Executive Noel Quinn said in an internal memo, as the bank attempts to take action against discrimination and create opportunities for advancement in the wake of the Black Lives Matter movement. | Video

World News