Co-operative Bank has failed a key test of how it would perform in a financial crisis by the Bank of England.» Read More
*Demand from U.S. investors, Europe, UK. LONDON, Sept 26- Lloyds Banking Group has sold a further 11.5 percent stake in TSB in a 161 million pound share placing to investors that required no discount to the market price following strong demand. They see TSB as a viable challenger to Britain's "Big Four" banks- Lloyds, Royal Bank of Scotland, Barclays and HSBC.
LONDON, Sept 25- GlaxoSmithKline said on Thursday it had chosen Philip Hampton, who currently chairs Royal Bank of Scotland, as its next chairman. GSK was hit last week by a record $489 million fine in China for bribing doctors and has warned on profits in 2014 due to weak sales of its core respiratory drugs.
LONDON, Sept 24- Drugmaker GlaxoSmithKline will this week name Philip Hampton, who currently chairs Royal Bank of Scotland, as its next chairman, a person close to the process said on Wednesday.
European shares closed higher after voters in Scotland rejected independence and opted to remain within the United Kingdom.
European shares opened sharply higher Friday, after the vote count in a historic referendum showed Scotland said no to independence.
The CEO of one of Europe's biggest asset managers has warned that markets will undoubtedly face a tough day on Friday.
Scottish nationalists argue that being governed from London has deprived their country of Britain's oil fields' wealth. The New York Times reports.
Sir Thomas Hunter said there are still facts missing from both sides of the Scotland independence debate.
CNBC looks at some of the most probable moves in the early days of Scottish independence if the Ayes have it.
Scotland's historic independence vote is coming up, and the result could cause market turmoil
A host of business figures in the UK has come out against Scottish independence on economic grounds - but is this just “scaremongering” as some claim?
European shares closed lower on Thursday on concerns regarding U.S. military action and an independence vote in Scotland.
The U.S. dollar hit a six-year high against the yen and sterling recovered some ground after recent nerves over Scottish independence.
LONDON, Sept 11- The dollar powered to a fresh six-year high against the yen on Thursday, while sterling got some respite from a poll that helped calm nerves over Scotland's vote on independence in a week's time.
LONDON, Sept 11- The U.S. dollar powered to a six-year high against the yen on Thursday and sterling recovered some ground after a recent bout of nerves over the prospect of Scotland voting for independence in a week's time.
One of the world’s best-known billionaires got involved in the Scottish independence debate, as the small state shifts to the top of the agenda.
Sept 10- Britain's Lloyds Banking Group Plc, which is based in Scotland, said on Wednesday it would set up legal entities in England as part of its contingency planning for next week's referendum on Scottish independence. Lloyds Banking Group currently employs 16,000 staff in Scotland.
MARIANO RAJOY, Spain's Prime Minister:. SORAYA SÁENZ DE SANTAMARIA, Spain's Deputy Prime Minister:. LUIS DE GUINDOS, Spain's Economy Minister:.
LONDON, Sept 10- Emilio Botin, who transformed Santander from a small domestic lender into the euro zone's biggest bank, has died of a heart attack, aged 79.. MARIANO RAJOY, Spain's Prime Minister:. SORAYA SAENZ DE SANTAMARIA, Spain's Deputy Prime Minister:.
European shares closed lower on Tuesday, with investors cautious regarding an upcoming independence vote for Scotland.