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* BoE writes to banks as part of negative rates assessment* Letter focuses on technology preparedness* BoE asks for responses by Nov. 12* Central bank's next move expected to be more bond-buying* Bailey: not near debating whether to use negative rate...
12 Oct 20 07:35LONDON, Oct 12 (Reuters) - The Bank of England asked banks on Monday for information about their readiness for the possibility of zero or negative interest rates, following up on its announcement last month that it was considering how to take rat...
12 Oct 20 07:14HSBC Bank Aims For Zero Carbon On Investments By 2050
9 Oct 20 17:34(Sharecast News) - HSBC is set to target net zero carbon emissions by 2050 at the latest and is expected to provide between $750bn and $1trn in financing to help clients make the change.
9 Oct 20 08:16(Adds more detail)By Huw Jones and David MillikenLONDON, Oct 8 (Reuters) - Britain's full exit from the European Union could be bumpy for investors as banks staff new hubs in the bloc, but there are few threats to wider financial stability, the Ba...
8 Oct 20 11:34LONDON, Oct 8 (Reuters) - Financial stability is unlikely to be endangered if Britain and the European Union do not reach a post-Brexit trade deal before the end of the year, though some customers may face disruption, the Bank of England said on ...
8 Oct 20 10:34(Adds details)By Huw JonesLONDON, Oct 7 (Reuters) - Markets must prepare for announcements that the Libor interest rate benchmark will cease at the end of 2021, Britain's Financial Conduct Authority said on Wednesday.Libor, or London Interbank Off...
7 Oct 20 13:18LONDON BRIEFING: Tesco Profits Surge Amid Stocking Up By Consumers
7 Oct 20 07:54UK Banks Paid More Than GBP1 Billion In Taxpayer Money For Covid Loans
7 Oct 20 06:22Up To 400 Jobs Across Three Head Offices To Go At Virgin Money
6 Oct 20 18:25LONDON, Oct 6 (Reuters) - British lender Virgin Money is cutting up to 400 jobs, as it presses ahead with cutbacks after shelving restructuring plans early in the pandemic.Virgin Money said on Tuesday the cuts were part of a forecast 16% reductio...
6 Oct 20 16:38Electrocomponents Hires Former Financial Times CEO Fairhead As Chair
6 Oct 20 10:06UK BROKER RATINGS SUMMARY: Deutsche Bank And Shore Upgrade Weir To Buy
6 Oct 20 09:34(Adds details, context, quotes)LONDON, Oct 6 (Reuters) - Andrew Bester, chief executive of the Co-Operative Bank, is stepping down after just over two years in charge, the British lender said on Tuesday.Chairman Bob Dench has begun the process to f...
6 Oct 20 07:42PRESS: Two US Banks Cut Exposure To Rolls-Royce's Fundraising
2 Oct 20 07:08
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