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LONDON, Feb 3 (Reuters) - Credit card firms must review how they treat customers that have been in persistent debt to help them save up to 1.3 billion pounds a year in lower interest charges, Britain's Financial Conduct Authority said on Monday.Ne...
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Moody's Upgrades Barclays Debt Rating Amid Reduced Earnings Volatility
Read more* Centerview moves beyond London with Brexit on the horizon* U.S. bank leases office in the 8th arrondissement of Paris* Pigasse among top French bankers on its target listBy Pamela Barbaglia, Greg Roumeliotis and Maya NikolaevaLONDON/NEW YORK/PARIS,...
Read more(Adds insurance source comment, details)Jan 28 (Reuters) - Travelex's UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month after a crippling ransomware attack forced staff to use ...
Read moreJan 28 (Reuters) - Travelex's UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month after a crippling ransomware attack forced staff to use pen and paper to calculate foreign curr...
Read moreUK FCA Asks Banks For Information On Overdraft Rate Decisions
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(Sharecast News) - The Financial Conduct Authority has asked the big banks to reveal how they arrived at new overdraft rates of about 40% and to show how they will help affected customers after criticism of its rule changes.
Read more(Adds detail from survey, economist reaction) LONDON, Jan 27 (Reuters) - British banks approved the highest number of mortgages in more than four years in December, industry group UK Finance said on Monday, adding to signs of a turnaround in...
Read more(Repeats Friday story without changes)* UK financial firms prepare for worst in trade talks* "Outcomes" equivalence plan draws concern* Finance regulation now politicised, retaliation fearedBy Sinead Cruise, Huw Jones and Andrew MacAskillLONDON, Jan ...
Read more* UK financial firms prepare for worst in trade talks* "Outcomes" equivalence plan draws concern* Finance regulation now politicised, retaliation fearedBy Sinead Cruise, Huw Jones and Andrew MacAskillLONDON, Jan 24 (Reuters) - Britain's finance secto...
Read moreLONDON, Jan 24 (Reuters) - Virgin Money UK said on Friday its chairman Jim Pettigrew is planning to retire by September 2021 when his tenure on the board will reach nine years.The bank said it had started a search process to identify a new chairm...
Read more* Officials tight-lipped about strategy this time* Mexico mostly used Brent for hedging in 2020 - source* Experts question effectiveness of hedging strategy* GRAPHIC-Mexico's oil hedge: https://tmsnrt.rs/2Fu1kXlBy Stefanie Eschenbacher and Devika Kr...
Read more* IRSG says not seeking a "race to the bottom" in rules* Britain should avoid "gold plating" of rules* Call for new parliamentary committee for financial rulesBy Huw JonesLONDON, Jan 23 (Reuters) - Britain's regulators should have a formal role afte...
Read more* John McFarlane to assume chairman position on April 2* McFarlane will oversee search for a new CEO* Analysts and investors welcome appointment (Updates to recast lead)By Paulina Duran and Nikhil NainanSYDNEY, Jan 23 (Reuters) - Australia's Westpac...
Read more(Adds analyst comment)SYDNEY, Jan 23 (Reuters) - Westpac Banking Corp on Thursday named banking veteran John McFarlane as chairman, entrusting the former Barclays boss to help steer it through the fallout of a massive money-laundering scandal.The ...
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