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(Adds Hammond comment) By Andrew MacAskill LONDON, Sept 7 (Reuters) - Top British bankers will tell finance minister Philip Hammond on Wednesday to give them a clearer idea of what the country's divorce from the European Union will mean for them when they hold their first meeting sinc
Read moreBy Andrew MacAskill LONDON, Sept 6 (Reuters) - Top British bankers will tell finance minister Philip Hammond on Wednesday to give them a clearer idea of what the country's divorce from the European Union will mean for them when they hold their first meeting since the Brexit vote. Hamm
Read moreBy Huw Jones LONDON, Sept 6 (Reuters) - Measures from Britain's competition watchdog to crack down on high and complex overdraft charges are not enough and regulators should impose a cap on fees, lawmakers said on Tuesday. Parliament's Treasury Select Committee reached this conclusion
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(ShareCast News) - Lloyd's Banking Group will continue to struggle as downgrades from two brokers showed, sending its shares promptly lower, according to The Telegraph's Questor column. Things had been looking up for potential investors in the bank at the start of the year as the government prepa
Read more(Adds news conference, more detail) By Huw Jones LONDON, Sept 6 (Reuters) - A group of asset managers and banks are trying to cut the cost of trading big blocks of shares via so-called dark pools by teaming up with the London Stock Exchange Group's Turquoise subsidiary. The new
Read moreLONDON, Sept 5 (Reuters) - Barclays is cutting over 100 technology and back office jobs from its offices in Singapore, a source with direct knowledge of the matter said on Monday, as it seeks to reduce costs by relocating those roles elsewhere. The source declined to comment on the exact nu
Read more(ShareCast News) - Barclays has poached JPMorgan head of equities Tim Throsby to head up its investment banking division, according to reports on Monday. Chief executive Jes Staley, an ex-JPMorgan man himself, has been running the unit since March, when his new 'transatlantic' strategy saw the cr
Read more(Updates with confirmation of appointment by Barclays) By Lawrence White LONDON, Sept 5 (Reuters) - Britain's Barclays has hired JPMorgan banker Tim Throsby to head its Corporate and International division, ending a six-month search for the number two job under Chief Executive Jes Sta
Read moreBy Steve Slater LONDON, Sept 5 (IFR) - Barclays has poached another executive from JP Morgan to head its investment bank, leaving the British bank with seven of its most senior bankers as alumni of its US rival. Barclays on Monday named Tim Throsby, currently global head of equities a
Read more(Corrects name in the headline to Tim Throsby from Jim Throsby) -- Source link: (http://on.wsj.com/2c60cvi) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more(ShareCast News) - Lloyds and Royal Bank of Scotland were under the cosh on Monday as Deutsche Bank downgraded the stocks to adjust for a "lower-for-longer" environment. DB pointed out that UK bank shares have been particularly volatile since the UK voted to leave the European Union, with RBS, Barcl
Read moreLONDON, Sept 5 (Reuters) - Barclays is set to name JPMorgan banker Tim Throsby as the head of its Corporate and International division, sources with direct knowledge of the matter said, ending a six-month search for the number two job under Chief Executive Jes Staley. Throsby will also run
Read more(ShareCast News) - Barclays Plc is alleged to have loaned £2.26bn to Qatari investors to aid their purchase of shares in the lender during the worst moments of the global financial crisis in 2008. Documents filed in the high court in the UK by PCP Capital Partners said the bank failed to disclose th
Read moreLONDON, Sept 1 (Reuters) - Barclays loaned Qatari investors $3 billion to help finance an emergency fundraising at the height of the credit crisis in 2008, court documents filed in London on Thursday allege. The case brought by Amanda Staveley's PCP Capital Partners alleges that the bank fa
Read more* FTSE 100 down 0.5 pct * Banks, Berkeley Group lead the gainers * Miners track metals prices lower * Restaurant Group falls on downgrade (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=li
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