Quitting the EU would cost London its title as the financial services capital of Europe, City heavyweight Win Bischoff warned on Tuesday.
After the tech sector's brutal selloff and this year's strong run for utility and healthcare stocks, investors are now eyeing a shift into "cyclical" names.
The returns for convertible bonds or "CoCos" - a hybrid of debt and equity - can be high, but so too can the carnage be that they cause.
Britain will sell a further 7.5 percent stake in Lloyds Banking Group, worth about 4.2 billion pounds ($6.9 billion).
Banks will face security fees for not updating Windows XP-run automated teller machines as Microsoft withdraws support for the software on April 8.
The U.K. economy is going to be back to its pre-recession peak this summer, three months earlier than expected.
The CEO of Royal Dutch Shell, the U.K.'s largest listed company has become the latest chief executive to wade in on the Scottish independence debate.
Royal Bank of Scotland is preparing a dramatic retrenchment that would see it become a much smaller U.K. retail and commercial bank. The FT reports.
Spain will probably begin the privatization of bailed-out Bankia with the sale of a 5 to 10 percent stake to institutional investors.
Malpractice continues in the banking world and "bag eggs" remain, warned Bill Winters, former JPMorgan executive.
European stocks closed lower on Thursday, failing to build on a six-session rally, with investor sentiment curbed by earnings releases.
State-backed bank reports a statutory profit of £415 million ($689 million) for 2013 compared with last year's £606 million loss.
CNBC's Helia Ebrahimi joins the Squawk Box team to comment on Lloyds Bank's results and highlights that the group¿s underlying numbers continue to be impacted by PPI provisions.
Lloyds Banking Group has moved closer to repaying the U.K. taxpayer's investment in it after reporting better-than-expected profits for 2013.
Britain's financial watchdog fined State Street U.K. 22.9 million pounds ($38 million) for deliberately overcharging its clients.
U.K. companies' legal liabilities soared 12 percent in 2013, driven by the hefty fines slapped on banks, new analysis shows.
The European Commission has outlined plans to crack down on banks' risky trading activities in an effort to put an end to lenders deemed "too big to fail."
January lived up to its reputation as being the leanest month Tuesday as several of London's major financial institutions announced swinging cutbacks.
John Nelson, chairman at Lloyd's, explains that companies are starting to invest again but that it's still "at a brittle stage" and that political instability could "take us off tracks."
Big-name funds have struggled to make money in 2013, underperforming as stock markets rallied.