By Steve Slater LONDON, March 29 (IFR) - The Bank of England on Tuesday set out the scenarios for its 2016 health check of UK lenders, saying it would be a "severe and broad" test that effectively combines its 2014 test of a severe UK recession with last year's test against a global slump.<
Read more* BoE says EU vote uncertainty could push up borrowing costs * Lenders asked to tighten checks on buy-to-let landlords * Capital buffers for banks to inch up, impact seen muted (Adds reaction from mortgage lenders, economists) By David Milliken and Huw Jones LONDON, Marc
Read more* Hiring to take place globally, across products * Prime finance a focus of hiring spree * Deutsche had lost ground in equities sales and trading (Adds details, background) By Olivia Oran and Arno Schuetze LONDON/FRANKFURT, March 24 (Reuters) - Deutsche Bank is hiring a
Read moreLONDON/FRANKFURT, March 24 (Reuters) - Deutsche Bank is hiring about 100 people to boost its equities trading operations as it seeks to recover ground in an area seen as vital to its new strategy, a source familiar with the matter told Reuters. The move comes as Deutsche, a traditional bon
Read moreLONDON, March 24 (Reuters) - Britain's banks said their business would suffer if the country left the European Union, the industry's trade body said on Thursday. The British Bankers' Association said a survey of its members, which include HSBC, Lloyds, RBS and Barclays, said 60 percent of r
Read more(ShareCast News) - European ministers are expected on Thursday to push telecommunications and digital service providers to work more closely with government authorities to track down terror suspects as part of a post-Brussels attack crackdown. At a hastily arranged meeting, EU ministers responsible
Read moreBy Patrick Graham LONDON, March 23 (Reuters) - British banks have cut the amount they charge for small international transfers between currencies by more than a fifth in the past three months as competition in the sector continues to grow, an index of market costs showed on Wednesday.
LONDON, March 23 (Reuters) - The Bank of England has helped to increase competition in banking even though some officials may have preferred focusing entirely on keeping lenders safe, a BoE report said on Wednesday. The UK government is keen to weaken the dominance of the Big Four banks - B
Read moreBy Sinead Cruise and Lawrence White LONDON, March 23 (Reuters) - Tougher rules aimed at holding top UK bankers to account when things go wrong are driving up pay, which smaller "challenger" banks say is making it harder to recruit senior staff. Executives at several such banks told Re
Read more(ShareCast News) - HSBC downgraded Barclays to 'hold' from 'buy' and cut the price target to 190p from 230p to reflect disappointment over the bank's dividend decision and the uncertain background for investment banking earnings. "The restructuring story has been clouded by management's decision to
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