European markets closed sharply lower on Monday, despite paring some losses, amid a staggering selloff in stock markets around the world.» Read More
WASHINGTON/ LONDON, March 17- The British units of foreign banks could be required by UK regulators to submit to annual health exams for the first time, banking and industry sources said, potentially bringing Britain's policies into line with those of the U.S. The UK's Prudential Regulation Authority has recently started asking foreign banks to submit data, the...
European equities closed flat on Thursday, as investors reacted to earnings and banking news.
*Offer values TSB at 340 pence per share. LONDON, March 12- British challenger bank TSB has received a takeover approach from Banco Sabadell, valuing the business at about $2.6 billion and sending its shares soaring by nearly a quarter. Sabadell, Spain's fifth-biggest bank, has made a proposal of 340 pence in cash for each TSB share, subject to reaching agreement on...
European equities seesawed before finishing higher on Friday, but looked to close out the trading month with gains of over 6 percent.
Lloyds Banking Group will pay a dividend of 0.75p per share to investors, after reporting a better-than-expected rise in profit.
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.
European shares closed higher after voters in Scotland rejected independence and opted to remain within the United Kingdom.