The U.K. Chancellor may sell state-owned shares in RBS at a loss as part of plans for an accelerated sale of government holdings in the sector.» Read More
European equities seesawed before finishing higher on Friday, but looked to close out the trading month with gains of over 6 percent.
*Airbus surges after posting sharp rise in operating profits. PARIS, Feb 27- European shares dipped on Friday morning, pausing after their best start to the year since regional benchmarks began in late 1986, while Airbus rallied after posting a sharp rise in operating earnings. Shares in Airbus were up 6.1 percent, representing a gain in market value of 2.5...
Lloyds Banking Group will pay a dividend of 0.75p per share to investors, after reporting a better-than-expected rise in profit.
LONDON, Feb 4- Thousands of bond, currency and commodities traders in London should have to pass an exam and obtain a new qualification to trade as part of attempts to raise standards, Britain's bank lobby group said on Wednesday. "This is a once in a generation chance to clean up financial markets-- we must seize it," BBA Chairman Anthony Browne said in the group's...
WILMSLOW, England, Feb 2-' The branch is the bank' sounds like a slogan from before digital technology was seen as the future of banking. But that mantra has enabled Sweden's Handelsbanken to expand in Britain at an unprecedented rate since the financial crisis of 2007 to 2009.. Handelsbanken has drawn upon the practices it adopted in its home market in the 1970 s...
HONG KONG, Jan 28- Standard Chartered Plc is seeking a leader with a tough-to-find mix of Asian experience and regulatory clout as it kicks off the search for a successor to CEO Peter Sands, investors, bankers and headhunters told Reuters. The list of potential candidates is wide and includes Piyush Gupta, CEO of Singapore- based DBS, outgoing Westpac CEO Gail Kelly,...
Older people might be more technology savvy than you thought—at least when it comes to banking.
Lloyds Banking Group is seeking an exemption to one of the key measures of the UK's new ringfencing regime.
Co-operative Bank has failed a key test of how it would perform in a financial crisis by the Bank of England.
Royal Bank of Scotland admitted it submitted erroneous data for European bank stress tests in October and had in fact only just scraped through.
Aspiring M&A bankers hoping to bank the bucks should angle for a job at Credit Suisse or Deutsche Bank, according to a salary benchmarking site.
Germany is home to Europe’s best-paid bank CEO, according to a ranking that shows little correlation between executive pay and shareholder returns.
British lenders may have to hold more capital to guard against risks of bad loans and other losses.
The U.K. is facing its most uncertain political future for decades – some argue centuries.
European stocks ended the day firmly in positive territory on Tuesday, as investors prepared for a key monetary policy decision from the U.S.
Taxpayer-backed lender Lloyds has confirmed its plans to cut around 9,000 jobs as it reported its underlying profit rose to £2.1 billion.
Europe's stock markets closed lower after a closely-watched German economic report came in weaker than expected.
European shares enjoyed a late-stage rally after better-than-expected economic data and in spite of worries over lackluster earnings.
Lloyds will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters.
Lloyds Banking Group said it had dismissed eight staff following an investigation into the submission of benchmark interest rates.