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By Huw JonesLONDON, June 16 (Reuters) - British banks need to accelerate preparations for dealing with businesses unable to repay money borrowed to bridge the coronavirus pandemic, the national financial sector regulator said on Tuesday.Over 800,0...
Read more* Nationwide eyes 100 redundancies amid tough environment -source* Lender confirms it is consulting with staff* Low interest rates and pandemic hurting profits (Adds detail)By Saikat Chatterjee and Lawrence WhiteLONDON, June 15 (Reuters) - Britain'...
Read more(Adds background)By Carolyn Cohn and Lawrence WhiteLONDON, June 15 (Reuters) - British challenger bank Metro is in exclusive early stage talks to buy peer-to-peer lender RateSetter, the bank said on Monday in response to media speculation.Metro Ba...
Read moreBy Kirstin RidleyLONDON, June 9 (Reuters) - Barclays has dismissed as "distorted and exaggerated" legal arguments by financier Amanda Staveley, who is claiming up to 1.5 billion pounds in damages for alleged deceit over a financial crisis-era fun...
Read more(Adds more detail)By Huw Jones and David MillikenLONDON, June 9 (Reuters) - The initial shock of the coronavirus pandemic to Britain's financial system is over, but another sharp repricing of risk is still possible, Bank of England Deputy Governor...
Read moreLONDON, June 9 (Reuters) - The initial shock of the coronavirus pandemic to Britain's financial system is over, but another sharp repricing of risk is still possible, Bank of England Deputy Governor Jon Cunliffe said on Tuesday."The COVID crisis i...
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Barclays Says Staveley's Claims She Was Misled Paint "False" Picture
Read moreTOP NEWS: Barclays Hits Back Over Claims Bosses Misled Market In 2008
Read moreBy Kirstin RidleyLONDON, June 8 (Reuters) - British buinesswoman Amanda Staveley's private equity firm told London's High Court on Monday it had received a "substantially worse" deal than Qatar when its syndicate invested billions of pounds in Bar...
Read moreUK Judge Set To Oversee Fight Between PCP Capital And Barclays
Read moreBy David FrenchNEW YORK, June 5 (Reuters) - Gautam Chawla is joining Barclays from Citigroup Inc, a statement from the British lender said on Friday, continuing the recent spate of job changes among senior financiers covering the insurance indust...
Read moreUK BROKER RATINGS SUMMARY: MS Cuts Barclays, Lloyds, RBS Price Targets
Read more(Adds more detail)LONDON, June 4 (Reuters) - The Bank of England will gather more information from banks on their likely losses on loans due to the pandemic, its deputy governor Sam Woods said on Thursday.The BoE's Prudential Regulation Authority w...
Read moreLONDON, June 4 (Reuters) - The Bank of England will gather more information from banks on their likely losses on loans due to the pandemic, its deputy governor Sam Woods said on Thursday.The BoE's Prudential Regulation Authority will gather the da...
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(Sharecast News) - The Governor of the Bank of England has told bank bosses to step up preparations for the UK failing to agree a trade deal with the EU, according to a report.
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