British bank TSB said it had agreed to be taken over by Spanish lender Banco Sabadell in a deal which values the business at $2.5 billion.» Read More
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.
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.
European shares closed lower on Tuesday, with investors cautious regarding an upcoming independence vote for Scotland.
Scottish independence: The new worry for equities. It has driven the pound down against the dollar.
European shares closed lower on Monday, with the decline led by the U.K.'s FTSE 100 after weak trade data from China.
Uncertainty regarding the result of this month's Scottish independence referendum has weighed on the British pound.
Take-up of the Bank of England's Funding for Lending scheme is still negative, despite billions lent to banks.
European shares closed lower on Thursday with investors reacting to quarterly earnings and some disappointing data from the euro zone.
Lloyds Bank said it will ask to restart dividend payments at a "modest" level after reporting a one-third jump in underlying profit
U.K. authorities have announced plans to hit misbehaving bankers in the pocket, and could potentially demand the repayment of seven-year-old bonuses.
The ties between Britain’s banks and its economy have always been close, but they seem to have become even tighter in the post-banking bailout era.
Lloyds Banking Group agreed to pay fines totaling $370 million to the U.S. and British as part of an interest rate rigging scandal.
Airline insurers are reviewing cover for aircraft involved in hostile acts as the industry faces its most expensive year since the 9/11 attacks.
Britain's Lloyds Banking Group confirmed on Friday that it was close to agreeing a settlement over allegations of manipulating benchmark interest rates.
Britain's anti-fraud agency said it has launched a criminal investigation into alleged rigging of the currency market.
Financiers are grumbling that the U.S. is acting like an imperial power in punishing foreign banks for dealings beyond U.S. territory.
Stock listings surged 60 percent in the first half of the year, with Europe grabbing the top spot for capital raised, a report showed.
European shares finished Friday's session slightly higher, with investors contemplating M&A activity and ongoing tensions in Iraq.
Shares in TSB Banking Group were trading at 290 pence in early trading on Friday following its stock market debut, up 12 percent on the 260 pence price set for its initial public offering.