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LONDON, April 2 (Reuters) - Delaying remaining elements of new global bank capital rules for a year will give lenders in Britain time to focus on dealing with fallout from the coronavirus epidemic, the Bank of England and Britain's finance minist...
Read moreLONDON, April 2 (Reuters) - The Financial Conduct Authority on Thursday proposed a range of new measures to support households facing sudden financial hardship as result of the coronavirus, including three-month payment freezes on loans and credi...
Read more* Some employers still yet to dial down to minimal staffing-union* Only a limited number of people should be "key workers"-watchdog* Banks stepping up protections in call centres, branches* Some staffers ditching home-working by choice (Adds banki...
Read more* Some employers still yet to dial down to minimal staffing-union* Only a limited number of people shld be "key workers"-watchdog* Banks stepping up protections in call centres, branches* Some staffers ditching home-working by choiceBy Sinead Cruis...
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LONDON MARKET CLOSE: Stocks Drop As UK Coronavirus Death Toll Rises
Read more* UK banks scrap dividends on regulators' call* European shares tumble: STOXX -3%* Euro zone factory activity crashes in March Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can...
Read moreLONDON, April 1 (Reuters) - Britain's investment managers would expect banks and other companies to rethink bonuses if they are scrapping payouts to shareholders, the Investment Association said on Wednesday.Top UK banks have scrapped dividends fo...
Read more* AMS raises 1.75 bln Swiss francs via rights issue* UBS, HSBC take combined 15% AMS stake* 62% of shareholders, subscription rights holders took part (Adds banking sources, analysts, detail, background)VIENNA, April 1 (Reuters) - Weak demand for se...
Read moreLONDON, April 1 (Reuters) - British insurer M&G has dropped plans to cut staff by 10% this year due to coronavirus, it said in a memo to staff on Wednesday seen by Reuters."Because of the uncertainty caused by this pandemic, we are dropping our ai...
Read moreLONDON, April 1 (Reuters) - Hundreds of loans have been made under an emergency scheme launched last month to help small and medium-sized companies get access to bank credit during the coronavirus crisis, a spokesman for Britain's finance ministry...
Read moreLONDON MARKET MIDDAY: Stocks Slide As Virus Slams Europe Manufacturing
Read moreVIENNA, April 1 (Reuters) - UBS and HSBC will hold a combined 15% stake in AMS after demand for the sensor maker's share sale was so low they had to buy up stock as underwriters of the deal, AMS said in a statement on Wednesday.Swiss-listed AMS i...
Read moreUK WINNERS & LOSERS SUMMARY: UK Banks Fall 5%-9% After Halting Returns
Read more(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down 3.8%, FTSE 250 falls 3.7%* Major UK lenders drag down FTSE 100* Glencore lower after delaying dividend payout* Auto Trader issues new shares to shore up cash (U...
Read more* Barclays and Citi warn of impact on profits, dividends* Q2 earnings seen falling 21.9% - Refinitiv* Euro zone manufacturing activity collapses* UK banks scrap dividends for 2020, halt 2019 payouts (Adds quotes, background)By Julien Ponthus and Thy...
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