Nationwide's chief executive said the price of homes in London could start to fall over the summer months amid signs that the housing market may be cooling.
European shares closed slightly higher on Tuesday, as the U.K.'s FTSE Index rose after being closed for a public holiday.
Lloyds Banking Group said on Tuesday it will float about 25 percent of its TSB business on the London Stock Exchange, with the remainder sold before the end of 2015.
European bond funds likely continued to outperform in April, despite concerns about whether the euro zone will instigate bond purchases.
U.K. banking group Lloyds has reported a rise in underlying profit for the first quarter of 2014 as the company plans to restart dividend payments.
Chief executives in some of Europe's biggest banks saw huge gains in their pay packets in 2013, data compiled exclusively for CNBC reveals.
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.