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LONDON, March 16 (Reuters) - UK bank shares took fresh tumbles on Monday after a slew of central bank actions failed to shore up investor confidence in the ability of policymakers to defend the global economy from global recession in the face of ...
Read more(Repeats MARCH 15 item, no changes to text)* 'Once-in-500-year' floods, fires now more frequent* Concern physical assets may become uninsurable* In flood aftermath, insurers bail, banks still lendBy Swati Pandey, Carolyn Cohn and Simon JessopSYDNEY/L...
Read more* 'Once-in-500-year' floods, fires now more frequent* Concern physical assets may become uninsurable* In flood aftermath, insurers bail, banks still lendBy Swati Pandey, Carolyn Cohn and Simon JessopSYDNEY/LONDON, March 15 (Reuters) - Only a year aft...
Read more* Test scenarios are due in late March* Bankers want focus on real test, not theory* BoE governor, finance minister met bankersBy Iain Withers and Huw JonesLONDON, March 13 (Reuters) - Britain's banks have asked the Bank of England to scrap this yea...
Read moreLONDON, March 13 (Reuters) - An employee in HSBC's office in Dubai has been diagnosed with coronavirus, a spokesman for the bank confirmed on Friday in response to a Reuters inquiry.The employee works in the bank's global banking division and col...
Read more* All but one European sub-indexes trading higher* Battered banking stocks track rise in U.S. yields* Global stocks rise on hopes of U.S. stimulus* Roche jumps after emergency FDA nod for virus test (Adds comments, details; updates prices)By Sagarik...
Read moreLONDON, March 13 (Reuters) - HSBC on Friday told all staff in Britain to avoid travelling between its offices, practice social distancing measures and work from home where possible as it tries to battle the spread of coronavirus.External clients s...
Read moreHONG KONG, March 12 (Reuters) - HSBC Group Holdings PLC on Thursday named veteran Greg Hingston as the Asia Pacific head of its newly combined retail wealth and private banking business units, which manage a total $1.4 trillion in assets.The Asia...
Read moreBy Huw JonesLONDON, March 11 (Reuters) - Britain said on Wednesday it plans to fully implement globally-agreed bank capital rules that were a response to the financial crisis a decade ago.Tougher Basel capital rules were devised by global financial...
Read more(Adds bank confirmation)By Lawrence WhiteLONDON, March 11 (Reuters) - A Barclays employee has tested positive for coronavirus in its 5 North Colonnade office in London's Canary Wharf financial district, the bank confirmed on Wednesday.An employee ...
Read moreBy Sinead Cruise and Lawrence WhiteLONDON, March 11 (Reuters) - Britain's banks are reviewing how they could fulfil legal obligations to hold an annual meeting for their shareholders if the government follows other nations in restricting large gat...
Read moreLONDON, March 11 (Reuters) - HSBC on Wednesday announced a number of measures to support customers impacted by the coronavirus, following other British lenders which announced similar measures earlier this week.HSBC said personal banking customers...
Read more(Adds details)HONG KONG, March 11 (Reuters) - HSBC has appointed a new chief executive for its China business, a major focus for the bank, the latest in a series of senior management changes.Mark Wang, head of HSBC's China investment banking busi...
Read moreLONDON, March 11 (Reuters) - Shares in Britain's top lenders resisted big falls on Wednesday after the Bank of England said banks could tap special capital reserves to keep lending to businesses and households as the coronavirus tightens its grip ...
Read more(Adds news conference, reaction)By Huw JonesLONDON, March 11 (Reuters) - The Bank of England told banks on Wednesday they can tap one of their capital buffers to maintain lending during the coronavirus epidemic, but warned they must not use the ca...
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