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(Recasts, adds consumer watchdog comment)LONDON, Jan 28 (Reuters) - Britain's banks have two weeks to explain changes to their overdraft rates that will leave around eight million consumers worse off or face action, the Financial Conduct Authority...
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UK FCA Asks Banks For Information On Overdraft Rate Decisions
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(Sharecast News) - The Financial Conduct Authority has asked the big banks to reveal how they arrived at new overdraft rates of about 40% and to show how they will help affected customers after criticism of its rule changes.
Read more(Adds detail from survey, economist reaction) LONDON, Jan 27 (Reuters) - British banks approved the highest number of mortgages in more than four years in December, industry group UK Finance said on Monday, adding to signs of a turnaround in...
Read more(Repeats Friday story without changes)* UK financial firms prepare for worst in trade talks* "Outcomes" equivalence plan draws concern* Finance regulation now politicised, retaliation fearedBy Sinead Cruise, Huw Jones and Andrew MacAskillLONDON, Jan ...
Read more* UK financial firms prepare for worst in trade talks* "Outcomes" equivalence plan draws concern* Finance regulation now politicised, retaliation fearedBy Sinead Cruise, Huw Jones and Andrew MacAskillLONDON, Jan 24 (Reuters) - Britain's finance secto...
Read more(Adds Meng's arrival)By Tessa VikanderVANCOUVER, Jan 23 (Reuters) - Huawei Chief Financial Officer Meng Wanzhou arrived in a Vancouver courtroom on Thursday to wrap up the first phase of a U.S. extradition hearing where her lawyers will respond to...
Read more(Adds Meng's lawyer comments throughout)By Tessa VikanderVANCOUVER, Jan 23 (Reuters) - The first phase of battle over whether Huawei Chief Financial Officer Meng Wanzhou should be extradited to the United States wrapped up on Thursday after four d...
Read moreBy Tessa VikanderVANCOUVER, Jan 23 (Reuters) - Lawyers for Huawei Chief Financial Officer Meng Wanzhou will respond Thursday to the Canadian prosecutor's arguments calling for Meng to be extradited to the United States on bank fraud charges.Thursd...
Read more* IRSG says not seeking a "race to the bottom" in rules* Britain should avoid "gold plating" of rules* Call for new parliamentary committee for financial rulesBy Huw JonesLONDON, Jan 23 (Reuters) - Britain's regulators should have a formal role afte...
Read more(Adds prosecutors' arguments in paragraph 7-9)By Tessa VikanderVANCOUVER, Jan 22 (Reuters) - Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a U.S. extradition request, ...
Read more(Updates with Meng's arrival in courtroom, description in paragraph 10)By Tessa VikanderVANCOUVER, Jan 22 (Reuters) - Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors are expecte...
Read more(Adds fresh prosecutors comments, reference to Reuters articles)By Tessa VikanderVANCOUVER, Jan 22 (Reuters) - Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a U.S. ex...
Read more(Updates to add quote from International SOS)By Engen Tham and Scott MurdochSHANGHAI/HONG KONG, Jan 22 (Reuters) - Companies across China are handing out masks and warning staff to avoid the central city of Wuhan amid fears that the new flu-like c...
Read moreBy Huw JonesLONDON, Jan 22 (Reuters) - Stress testing of banks in the European Union to check their ability to withstand market shocks without taxpayer help should be eased to cut bank costs, the EU's banking regulator proposed on Wednesday.The Eu...
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