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(Amends to 'postponed' from 'proposed' in paragraph 12) * Transfer of Barclays UAE customers to start Sept 1 - CEO * Studying whether to pursue buys in SE Asia * Tentative agreement reached on Amlak restructuring * Proposal to extend time on Amlak debt repayments By
Read more(Corrects to say got regulatory approval 10 days ago, not expecting in 10 days) ABU DHABI, May 20 (Reuters) - Abu Dhabi Islamic Bank got regulatory approval from the United Arab Emirates' central bank for its purchase of Barclays' retail operations in the country 10 days ago, its chief exe
Read moreMay 19 (Reuters) - Total global commodity assets under management fell to $322 billion in April 2014 from $324 billion in March 2014, Barclays Capital said on Monday. The investment bank said in a research note on the sector that in the year to date, a net $8.5 billion has been withdrawn fr
Read more* 519,000 disputes settled, more than double 2012 figure * PPI complaints account for 78 percent of cases LONDON, May 20 (Reuters) - Britain's Financial Ombudsman Service settled a record 519,000 disputes last year, more than double the number in 2012, with the increase driven by case
Read more(Adds Standard Chartered) May 19 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email to moves@thomsonreuters.com. BARCLAYS PLC The company appointed Dan Miller as managing director, head of equitie
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LONDON (Alliance News) - Britain's biggest banks have backed the establishment of an independent body known as the Banking Standards Review Council to improve standards as the industry looks to mend its reputation, with Bank of England Governor Mark Carney set to play a major role in helping to i
Read more* BoE governor Carney to oversee chairman appointment * Carney urges all banks operating in UK to participate * Lambert expects "good number" of overseas banks to join * Banks must report on culture, practices each year (Adds industry reaction, further details) By Matt S
Read moreLONDON (Alliance News) - Blue Capital Global Reinsurance Fund Ltd, which invests in a portfolio of fully collateralised reinsurance-linked contracts and other investments carrying exposures to insured catastrophe event risks, Monday said its net asset value for the three months of the year increa
Read more* Sector sees increase after three years of decline * Boosted by U.S. power and gas, investor products * Q1 commodity assets under management up 10 pct - Citi (Adds analyst comment, details) By Eric Onstad LONDON, May 19 (Reuters) - Commodities revenue at the top 10 inve
Read moreBy Huw Jones LONDON, May 19 (Reuters) - Banks in Britain broadly support Bank of England plans for yearly checks on their capital levels, although they disagree on how detailed the published results should be. Eight of Britain's biggest banks, including Barclays , RBS, Lloyds and HSBC
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- AstraZeneca drops after rejecting 'final proposal' from Pfizer - Chinese housing concerns weigh on sentiment - Carney comments, Ukraine elections in focus techMARK 2,710.83 -1.26% FTSE 100 6,827.22 -0.42% FTSE 250 15,427.14 +0.19% UK stocks were firmly in the red on Monday as investors kicked of
Read more- AstraZeneca drops sharply after rejecting Pfizer offer - Banking, mining stocks fall - China property concerns weigh on sentiment techMARK 2,714.40 -1.13% FTSE 100 6,823.23 -0.48% FTSE 250 15,475.65 +0.50% UK stocks fell on Monday morning with AstraZeneca leading the decline after rejecting a fi
Read more(Corrects headline and paragraph 1 to make clear RBS is winding down Rates Prime Broking and Rates OTC Clearing businesses, not its interest-rate trading businesses; In paragraph 2, adds missing word ... our ... to quote) By Aashika Jain May 18 (Reuters) - Royal Bank of Scotland said
Read moreLONDON, May 19 (Reuters) - Richard Lambert, the man tasked with setting up a new standards body for British bankers, on Monday ruled himself out of the running to become its first chairman. Lambert, 69, said he could not commit to the period of time needed to estabish the Banking Standards
Read moreLONDON (Alliance News) - Royal Bank of Scotland Group PLC Sunday said it is winding down its interest-rate trading operations due to tougher capital requirements under regulators' efforts to make banks safer. The move affects the state-controlled bank's prime broking and over-the-counter cl
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