U.K. lender to accelerate its cost-cutting plan to help offset a likely drop in demand for credit caused by the vote to quit the EU. » Read More
Scotland’s campaign to break ties with the rest of the U.K. kicks off in earnest this week – but the economic implications are fiercely debated.
Staging a comeback from having your corporate bonds slashed to "junk" status can be a long, difficult road.
Barclays on Wednesday reported a 26 percent drop in third-quarter net profit to £1.385 billion ($2.22 billion) as earnings at its investment banking arm dropped sharply.
Stocks finished near session highs Tuesday, with the S&P 500 touching a fresh high and the Dow within 50 points of an all-time record, as investors looked ahead to the Federal Reserve's announcement.
U.S. stock index futures held their gains Tuesday, with the S&P 500 poised to hit a fresh high, despite a weaker-than-expected retail sales report and ahead of the Federal Reserve's two-day meeting.
CEO hails an "important" nine months for the the U.K. retail lender as third-quarter underlying pretax profit hits of £1.5 billion.
Euro zone banks look set to raise funds to meet stricter capital limits, as the European Central Bank prepares to become the region’s bank watchdog.
The European Union has failed to heed the lessons from Iceland's banking crisis, Bjarni Benediktsson, the finance minister of Iceland, told CNBC.
Asian stocks enjoyed a relief rally on Friday on optimism that U.S. lawmakers would soon reach a deal to avert a debt default.
Britain will on Tuesday launch a much debated program to help people buy their own homes
Asian equities ended the week mostly higher but trade was rangebound due to worries over a U.S. government shutdown.
European shares trimmed losses to close lower on Tuesday, but investors remained cautious about the Federal Reserve's two-day policy meeting.
The U.K.'s Financial Conduct Authority plans to fine Barclays £50 million ($80 million) over its 2008 capital raising, as the investment banking division dragged down income.
Paul Pester, CEO of TSB, says TSB is different from Lloyds, as all its savings will be used to "support the local economy", and discusses the possibility of a sale or listing.
European shares closed higher on Thursday, after both the European Central Bank (ECB) and the Bank of England (BoE) voted to maintain ultra-loose monetary policy.
Helia Ebrahimi, CNBC's UK business editor takes a look at Lloyds banking group and how easy it will be for the government to sell.
Olly Burrows, senior banks analyst at Rabobank, tells CNBC that Lloyds has always been a safe bet and they are doing remarkably well.
Henry M. Paulson Jr. on bonuses during the 2008 financial crisis: “There was such a total lack of awareness from the firms that paid big bonuses during this extraordinary time.”
Banks in the euro zone could offer the best returns, says David Herro, Morningstar's international fund manager of the decade.
All five of the U.K.'s biggest banks posted profits for the first half of 2013, but a report on Monday warned that banks and regulators may be too focused on combating the wrongs of the past to take heed of future threats.