(Adds analyst comment, updates shares) By Andrew MacAskill and Sinead Cruise LONDON, Sept 30 (Reuters) - Royal Bank of Scotland is to separate its retail operations from its higher-risk businesses in a major overhaul to meet new ring-fencing rules in Britain, which also means the RBS
Read moreLONDON, Sept 30 (Reuters) - Royal Bank of Scotland announced on Friday a sweeping overhaul of its structure and banking brands as it outlined plans to separate its retail operations from riskier parts of its business by 2019. The lender said its ring-fenced bank would be called NatWest Hol
Read more* 2 BoE-eligible corporates hit sterling market * Northumbrian Water could price inside curve * BoE to publish purchases from next week By Tom Porter LONDON, Sept 29 (IFR) - Two companies with bonds eligible for the Bank of England's purchase programme hit the market on Th
Read moreLONDON, Sept 29 (Reuters) - British finance minister Philip Hammond said on Thursday he planned to close a government-backed mortgage guarantee scheme, part of its Help to Buy housing programme, at the end of 2016 as previously scheduled. Hammond, in a letter to Bank of England Governor Mar
Read more* FTSE 100 down 0.2 pct at close * StanChart falls after report of U.S. probe * Wolseley slips on cautious outlook (Recasts, adds detail, updates prices at close) By Kit Rees and Sudip Kar-Gupta LONDON, Sept 27 (Reuters) - Britain's top shares index hovered near one-week
Read moreBy Pamela Barbaglia LONDON, Sept 27 (Reuters) - Spain's Telefonica is looking to list about 30 percent of its British mobile unit O2 in what would be one of the biggest initial public offerings (IPOs) on the London market this year, sources told Reuters. Europe's biggest telecom group
Read moreBy Christopher Spink LONDON, Sept 27 (IFR) - Karen Frank has been appointed head of international wealth at Barclays. Previously she was co-head of financial sponsors group for Europe, Middle East and Africa with Ken McGrath. McGrath will be left in sole charge of the unit. Frank, who
Read more(Adds details, economists comments) LONDON, Sept 26 (Reuters) - Britain's housing market showed signs of slowing in August with the number of mortgages approved by banks falling to its lowest level since January 2015 and analysts said they expected further weakness ahead as Brexit uncertain
Read more(ShareCast News) - O2, one of Britain's biggest mobile phone providers, is nearing a flotation on the London Stock Exchange under the name Telefonica UK as Spanish parent company Telefonica hires advisers to oversee a potential £10bn flotation. Barclays, UBS and Morgan Stanley are thought to be the
Read moreWASHINGTON, Sept 22 (Reuters) - The U.S. Commodity Futures Trading Commission said on Thursday it had ordered Barclays Bank PLC to pay $500,000 to settle charges of record-keeping deficiencies. As part of the settlement, which covered record keeping for trades over a three-year period endin
Read moreNEW YORK, Sept 21 (Reuters) - Barclays economists said on Wednesday the split seen among Federal Reserve policymakers in the central bank's decision to leave U.S. interest rates unchanged on Wednesday will make it hard for the Fed to maintain market perception that a December rate increase is "li
Read moreLONDON, Sept 21 (Reuters) - European banks are likely to reach final U.S. settlements over alleged mis-selling of mortgage-backed securities well below the $14 billion claimed by the Department of Justice against Deutsche Bank, Fitch Ratings said on Wednesday. The DoJ announced the unexpect
Read more