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.
The first sale of state-owned shares in Lloyds Banking Group resulted in a £230 million loss for taxpayers. The FT reports.
European equities closed lower on Wednesday after a U.S. budget deal added to expectations the Fed will scale back stimulus soon.
Royal Bank of Scotland said its finance director, Nathan Bostock, had resigned to join Spanish bank Santander after just 10 weeks in the job.
The mooted spin-off of HSBC's U.K. retail banking arm could be one of a number of U.K. bank fundraisings next year.
HSBC has sounded out investors about a flotation of its U.K. arm, in a move that would realize value from its high street banking business.
Chinese state-backed investors are eying a stake in a U.K. bank, and have hired lawyers in London to examine their options, sources told CNBC.