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PARIS, Dec 22 (Reuters) - CNP Assurances said on Monday it was selling to Barclays Bank its 50 percent stake in CNP Barclays Vida Y Pensiones (CNP BVP), for 453 million euros ($555 million) including a special dividend. The transaction is expected to close by the middle of 2015 and should r
Read more* Firms urged to sign up to voluntary resilience test * Tendency to deem issue not worth of board attention -FPC * FPC calls for stronger governance, management (Recasts, adds background) By Matt Scuffham and William Schomberg LONDON, Dec 22 (Reuters) - Top British banke
Read more* Metro Bank broke mould by using software supplier * Technology has been a barrier for new banks * Big five lenders still dominate UK landscape By Matt Scuffham and Steve Slater LONDON, Dec 21 (Reuters) - When Metro Bank prepared to launch in 2010 as the first new bank to
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The banks involved in the foreign exchange rigging scandal should fund their fines out of this year's bonuses, the Financial Conduct Authority (FCA) has said. Citigroup, Royal Bank of Scotland (RBS), HSBC, JP Morgan and UBS were fined a combined £1.1bn by the FCA in November for allowing traders to
Read more* Metro Bank broke mould by using software supplier * Technology has been a barrier for new banks * Big five lenders still dominate UK landscape By Matt Scuffham and Steve Slater LONDON, Dec 21 (Reuters) - When Metro Bank prepared to launch in 2010 as the first new bank to
Read more(Repeats story to widen distribution) By Deepa Seetharaman and Bill Rigby SAN FRANCISCO/SEATTLE, Dec 19 (Reuters) - This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: whe
Read more(Adds details, comments from banks) HONG KONG, Dec 19 (Reuters) - Hong Kong's de facto central bank said it found no evidence of rigging in Hong Kong's foreign exchange benchmark following an 18-month investigation into the trading operations of 10 banks. However, it identified "inapp
Read moreBy Deepa Seetharaman and Bill Rigby SAN FRANCISCO/SEATTLE, Dec 18 (Reuters) - This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: where the video footage would be stored.
Read moreBy Karen Freifeld and Herbert Lash NEW YORK, Dec 18 (Reuters) - The judge overseeing New York state's lawsuit accusing Barclays of fraud in its alternative trading system on Thursday raised questions about the case, putting the attorney general's counsel on the defensive. Justice Shir
Read more(Adds bonus comments from FT interview) Dec 17 (Reuters) - The 500 million pounds (US$783.70 million) Barclays PLC set aside to settle allegations of rigging the foreign exchange market will not be enough, the bank's Chief Executive Antony Jenkins said in an interview to Sky News. "My
Read more(Adds Bank of America declines to comment) By Emily Stephenson WASHINGTON, Dec 17 (Reuters) - The U.S. credit union regulator said on Wednesday it filed a lawsuit against U.S. Bank and Bank of America over mortgage securities sold in the years leading up to the financial crisis. <
Read moreDec 17 (Reuters) - The 500 million pounds (US$783.70 million) Barclays PLC set aside to settle allegations of rigging the foreign exchange market would not be enough, the bank's Chief Executive Antony Jenkins said in an interview to Sky News. "My expectation is it will be a bigger number th
Read more-- Source link: (http://bit.ly/1sG1hhi) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read moreLONDON, Dec 17 (Reuters) - European regulators could raise the bar on capital for banks like Deutsche Bank and BNP Paribas in response to tough U.S. proposals to make banks less risky, potentially depressing profitability, Barclays analysts said. The U.S. Federal Reserve has proposed that e
Read moreUK stocks were back in the red on Wednesday after their first gain in seven days the previous session, with investors scaling back risk appetite ahead of a number of risk events. Along with a host of economic data due out during the session, markets were keeping an eye out for minutes for the latest
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