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* Full roll-out planned for 2014 * Service to be offered at over 11,500 branches * Lawmakers, regulators pushing for more competition * Britain's 'big 5' banks dominate current account market By Matt Scuffham LONDON, April 11 (Reuters) - The Post Office will provide
Read more* More than 100 people got Fed minutes a day early * Fed says not sure if anyone traded on information * Incident marks rare lapse on sensitive Fed communications By Alister Bull WASHINGTON, April 10 (Reuters) - The Federal Reserve launched an investigation on Wednesday in
Read more* FCA tells banks can't rely on "buyer beware" defence * Regulator taps behavioural economics for first time in UK * Lawyer says speech marks key shift in regulation in Britain By Huw Jones LONDON, April 10 (Reuters) - Britain's new watchdog announced sweeping changes in f
Read more* Bank Commission MP Garnier calls for tougher action * Garnier says bankers must be held 'personally accountable' * PM Cameron says HBOS pensions an issue for individuals * Bank Commission MPs to publish final report in May By Matt Scuffham LONDON, April 10 (Reuters
Read more* More than half of case over $715 mln securities survives * NCUA evaluates options on dismissed claims By Jonathan Stempel and Aruna Viswanatha April 10 (Reuters) - A federal judge has narrowed a U.S. credit union regulator's lawsuit against Credit Suisse Group AG over the sal
Read moreApril 10 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has assigned Barclays Bank PLC's ('A'/'F1'/'a'/Stable) USD1bn 7.75% fixed to fixed rate contingent capital notes due April 2023 callable April 2018 (ISIN US06739FHK03) a final rating of 'BBB-'.
Read moreLONDON, April 10 (Reuters) - Britain's audit regulator said it was considering whether to probe how KPMG checked the books of HBOS, the UK bank that had to be rescued with taxpayer money in the financial crisis. "We don't currently have it under investigation but we are monitoring the situa
Read moreLONDON, April 10 (Reuters) - Britain's audit regulator said it was considering a probe into how KPMG checked the books of HBOS, the UK bank that had to be rescued with taxpayer money in the financial crisis. "We don't currently have it under investigation but we are monitoring the situation
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Slowing inflation in China and a strong start to the US earnings season by Alcoa boosted the UK's resource-heavy FTSE 100 stock index on Tuesday, with miners leading the surge. Meanwhile, a raft of upbeat economic data from closer to the home lifted sentiment in the UK today, including better-than-
Read moreCAIRO, April 9 (Reuters) - Egypt's National Societe Generale Bank, which is being bought by Qatar National Bank , posted a 32 percent rise in net profit in the first quarter, it said in a statement on Tuesday. The country's second-biggest private bank by market capitalisation made a net pro
Read moreStrong results from mining heavyweight Alcoa and slowing inflation in China were lifting resource stocks in London today, with ENRC, Vedanta, Rio Tinto, EVRAZ and Anglo American all making strong gains. The latter's shares were also lifted after the miner reported it would produce three per cent m
Read moreMiners were making impressive gains by Tuesday lunchtime after price rises in China slowed more than forecast in March, increasing hopes that the People's Bank of China will hold off from tightening policy for the time being. Chinese consumer-price inflation slowed to a 2.1% annual rate in March,
Read moreCanaccord Genuity has kept its 'sell' rating and 38p target price for Egyptian gold miner Centamin despite the strong first-quarter production figures announced on Tuesday morning, saying that legal issues still remain. The broker said: "Although we would expect shares to be stronger today we think
Read moreTradenext has highlighted a list of attractive opportunities on the London stock market given the recent weakness of the sterling pound. "A fall in the value of sterling will further support FTSE100 stocks and earnings, and make it easier for UK companies to sell their products overseas," said Ronn
Read more* Says asset purchases should continue while FLS gathers pace * "Glimmers of hope" that UK economy may be on the mend * FLS should boost 2013 lending but banks may be too tough * Voted for more QE in February, March LONDON, April 9 (Reuters) - Britain's economy still needs
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