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(Adds more detail)By Huw JonesLONDON, April 20 (Reuters) - British banks should use their substantial capital and liquidity buffers to support the economy in view of the hit it has taken from the coronavirus pandemic, the Bank of England said on M...
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(Sharecast News) - The founder of oil trader Hin Leong Trading has admitted ordering the non-reporting of $800m (£643m) of losses before the Singapore company filed for bankruptcy.
Read moreLONDON, April 20 (Reuters) - British banks should use their substantial capital and liquidity buffers to support the economy hit by the coronavirus pandemic, the Bank of England said on Monday.The BoE's Prudential Regulation Authority (PRA) said i...
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UK BROKER RATINGS SUMMARY: HSBC Downgrades Prudential And Centrica
Read moreLONDON, April 20 (Reuters) - The number of UK finance professionals seeking new jobs rose by more than 40% in the first quarter compared with the last three months of 2019, even as coronavirus forced employers to pause hiring and cut salary offer...
Read more(Adds numbers of credit card deferrals, business loans)By Nichola SaminatherTORONTO, April 17 (Reuters) - Canadian banks processed more than 670,000 mortgage deferrals or skipped payments in the month since announcing a measure to help consumers we...
Read moreUK Shareholder Meetings Calendar - Next 7 Days
Read more(Sharecast News) - The government has called on companies to hold shareholder days to give investors the chance to interrogate boards when Covid-19 limits on annual general meetings are lifted.
Read more(Sharecast News) - Barclays upped its stance on Royal Bank of Scotland shares to 'equalweight' from 'underweight' on Thursday in a note on UK banks.
Read more(Corrects year when BoE survey first asked about businesses' demand for credit)LONDON, April 16 (Reuters) - British banks expect to lend more to businesses but curb mortgage and consumer lending over the next three months as the country feels the ...
Read moreLONDON, April 16 (Reuters) - British banks expect to lend more to businesses but curb mortgage and consumer lending over the next three months as the country feels the economic effects of the coronavirus, a Bank of England survey showed on Thursda...
Read moreLONDON, April 15 (Reuters) - Britain's government should consider fully guaranteeing small emergency loans to businesses to speed up processing, rather than requiring banks to take on some of the risk, Britain's banking industry trade body told l...
Read more(Adds UK Finance comments to parliament)By David Milliken and William SchombergLONDON, April 15 (Reuters) - British banks are dealing with a backlog of more than 20,000 applications for government-backed emergency finance for small businesses, thre...
Read more(Adds detail)By David Milliken and William SchombergLONDON, April 15 (Reuters) - British banks are dealing with a backlog of more than 20,000 applications for emergency government-backed finance from small businesses struggling due to the coronavi...
Read moreLONDON, April 15 (Reuters) - Britain's banks have provided 1.115 billion pounds ($1.39 billion) in emergency loans to small and medium-sized companies under a government-backed scheme to help businesses survive the coronavirus lockdown, an industr...
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