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(Repeats story with no change to text) By Lauren Tara LaCapra and Greg Roumeliotis NEW YORK, April 25 (Reuters) - Some major U.S. banks are privately complaining that they are getting the short end of the regulatory stick when it comes to the profitable business of lending to heavily
Read moreFRANKFURT, April 25 (Reuters) - German utility EnBW has formally acquired a 7.43 percent stake British bank Barclays held on behalf of the company in smaller peer MVV Energie, MVV said on Friday. The acquisition will boost EnBW's stake in MVV to 22.48 percent from 15.05 percent, MVV said.
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LONDON (Alliance News) - The following is a summary of top news stories Friday.
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COMPANIES
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The Royal Bank of Scotland Group PLC warned of commercial risk after it said UK Financial Investments, the entity responsible fo
LONDON, April 25 (Reuters) - Britain's banks approved the lowest number of mortgages since November last month ahead of the imposition of tougher credit checks, though numbers are still up very strongly from a year ago, industry data showed on Friday. The British Bankers' Association said i
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Majority state-owned Royal Bank of Scotland has axed a plan to hand out bonuses worth double fixed-pay after the British government refused to back it. RBS said on Friday that it would not ask investors to back a variable remuneration rate of up to 200% of salaries, or two-for-one ratio, at its ann
Read moreLONDON (Alliance News) - UK shares have opened lower Friday on heightened concerns about the standoff in Ukraine.
William Hill said it will close 109 gaming shops in response to the UK government's hike to machine gaming duty, putting 420 employees at risk. William
LONDON (Alliance News) - The Royal Bank of Scotland Group PLC Friday warned of commercial risk after it said UK Financial Investments, the entity responsible for the government's stake in the bailed-out bank, has said it will block any proposal allowing the lender to pay bonuses up to 200% of fix
Read moreThe Archbishop of Canterbury joined the prime minister in a staunch defence of Christian Britain yesterday, as Nick Clegg called for an end to the link between church and state. The Most Rev Justin Welby said he had found it "quite baffling" to see the vociferous response to David Cameron's "moving"
Read more* Coal tops the list for deaths in energy sector * Coal also a major polluter * Investors demand higher standards * European utilities form ethical coal group By Henning Gloystein, Alexander Winning and Nina Chestney LONDON, April 25 (Reuters) - European utility comp
Read moreLONDON (Alliance News) - The Federal Housing Finance Agency or FHFA, as conservator of Fannie Mae and Freddie Mac, Thursday announced a settlement with Barclays Bank PLC, related companies and some individuals for USD280 million. The settlement resolves claims, in two lawsuits, alleging vio
Read moreBy Lauren Tara LaCapra and Greg Roumeliotis NEW YORK, April 25 (Reuters) - Some major U.S. banks are privately complaining that they are getting the short end of the regulatory stick when it comes to the profitable business of lending to heavily indebted companies. Banking and regulat
Read more(Updates with further details on settlement, background on litigation) By Nate Raymond and Margaret Chadbourn NEW YORK/WASHINGTON, April 24 (Reuters) - Barclays Bank PLC will pay $280 million to Fannie Mae and Freddie Mac to settle claims that it sold them faulty mortgage-backed secu
Read moreWASHINGTON, April 24 (Reuters) - Barclays Bank PLC will pay $280 million to Fannie Mae and Freddie Mac to settle claims that it sold them faulty mortgage-backed securities during the housing bubble, a U.S. regulator said on Thursday. (Reporting By Margaret Chadbourn; Editing by Chris Reese)Read more
* Barclays: 34 pct of investors oppose or withhold vote on pay * Big investor Standard Life votes against 2013 pay * Chairman Walker says bank was losing people critical to future * Barclays says Q1 profit down after fixed income revenues slump * Barclays shares up 1.1 pct
Read moreLONDON (Alliance News) - Barclays PLC's strategic cost management programme has partially offset challenging first-quarter for the investment bank's fixed income, credit, and commodities (FICC) business, and is expected to result in only a small reduction in adjusted pretax profit for the group,
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