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(Sharecast News) - Barclays chief executive Jes Staley and finance director Tushar Morzaria have agreed to give up their pay increases until at least 2021 due to the coronavirus pandemic.
Read more(Sharecast News) - The Bank of England has told banks to use their liquidity and capital buffers to back customers during the Covid-19 crisis after requiring lenders to cancel dividends to bolster their finances.
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(Adds more detail)By Huw JonesLONDON, April 20 (Reuters) - British banks should use their substantial capital and liquidity buffers to support the economy in view of the hit it has taken from the coronavirus pandemic, the Bank of England said on M...
Read moreLONDON, April 20 (Reuters) - British banks should use their substantial capital and liquidity buffers to support the economy hit by the coronavirus pandemic, the Bank of England said on Monday.The BoE's Prudential Regulation Authority (PRA) said i...
Read moreLONDON, April 20 (Reuters) - The number of UK finance professionals seeking new jobs rose by more than 40% in the first quarter compared with the last three months of 2019, even as coronavirus forced employers to pause hiring and cut salary offer...
Read more(Sharecast News) - The government has called on companies to hold shareholder days to give investors the chance to interrogate boards when Covid-19 limits on annual general meetings are lifted.
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Henderson High Outperforms Benchmark In 2019, Increases Dividend
Read more(Sharecast News) - Sherborne Investors said it would withhold its vote against Barclays Chief Executive Jes Staley at the bank's shareholder meeting to avoid management upheaval during the Covid-19 crisis.
Read more(Corrects year when BoE survey first asked about businesses' demand for credit)LONDON, April 16 (Reuters) - British banks expect to lend more to businesses but curb mortgage and consumer lending over the next three months as the country feels the ...
Read moreLONDON, April 16 (Reuters) - British banks expect to lend more to businesses but curb mortgage and consumer lending over the next three months as the country feels the economic effects of the coronavirus, a Bank of England survey showed on Thursda...
Read more(Adds details)By Sinead CruiseLONDON, April 16 (Reuters) - Sherborne Investors said on Thursday it would withhold its vote against Barclays Chief Executive Jes Staley in the lender's upcoming general meeting, to prevent fresh boardroom turmoil as ...
Read moreLONDON, April 16 (Reuters) - Sherborne Investors said on Thursday it would withhold its vote against Barclays Chief Executive Jes Staley in the lender's upcoming general meeting, to prevent fresh boardroom turmoil as the bank grapples with the fa...
Read moreLONDON, April 15 (Reuters) - Britain's government should consider fully guaranteeing small emergency loans to businesses to speed up processing, rather than requiring banks to take on some of the risk, Britain's banking industry trade body told l...
Read more(Adds UK Finance comments to parliament)By David Milliken and William SchombergLONDON, April 15 (Reuters) - British banks are dealing with a backlog of more than 20,000 applications for government-backed emergency finance for small businesses, thre...
Read more(Adds detail)By David Milliken and William SchombergLONDON, April 15 (Reuters) - British banks are dealing with a backlog of more than 20,000 applications for emergency government-backed finance from small businesses struggling due to the coronavi...
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