* Underlying pretax profit up 68 percent to 54.5 mln stg * Loan book grows by 23 percent to 2.9 billion pounds (Adds detail) By Lisa Barrington LONDON, Nov 5 (Reuters) - New British bank Shawbrook said its underlying profit rose by 68 percent during the first nine months of 2
Read moreBy Lisa Barrington LONDON, Nov 5 (Reuters) - New British bank Shawbrook said its underlying profit rose by 68 percent during the first nine months of 2015, driven by growing demand from small businesses for loans. Underlying pretax profit rose to 54.5 million pounds ($84 million) duri
Read moreISTANBUL, Nov 4 (Reuters) - Turkey's Fibabanka has joined the ranks of banks interested in buying HSBC's Turkish unit, two sources close to the matter told Reuters, a business that is also being considered by ING Group. Sources said late in August that HSBC was dragging its feet on the sale
Read more* China Construction Bank added to 'G-SIB' list * Shares in China Construction Bank down 1.5 percent * BBVA removed from list of globally important banks * RBS required to hold less extra capital in new list * HSBC, JP Morgan must hold the most extra capital (Adds furthe
Read more* Bank plans to reduce costs by $2.9 bln in 2015-2018 * 15,000 jobs - 17 pct of workforce - to be cut * Firm plans to exit or restructure $100 bln of assets * Shares fall 8.9 pct (Adds further details of proposals) By Lawrence White and Steve Slater HONG KONG/LONDO
Read moreLONDON, Nov 3 (Reuters) - The Financial Stability Board, which coordinates financial regulation worldwide, said it had added China Construction Bank to its list of global, systemically important banks who must hold extra capital due to their significance. The FSB said on Tuesday it had remo
Read more* FCA recommends measures to improve market * Wants measures to help customers find best deal (Adds further details, quote from FCA official) LONDON, Nov 3 (Reuters) - Britain's credit card market is not working well enough for customers in long-term debt, the country's financial re
Read moreLONDON, Nov 3 (Reuters) - Britain's credit card market is working "fairly well" but there is concern for customers in long-term debt, the country's financial regulator said on Tuesday. The Financial Conduct Authority (FCA) said last November that it would study how easy it is for customers
Read more(Adds comments from Vancouver mayor, online reaction) By Julie Gordon VANCOUVER, Nov 2 (Reuters) - The Royal Bank of Canada scrapped an internal limit on mortgage loan size for immigrants in the spring to tap into surging demand for financing on multi-million dollar houses by newcome
Read more* HSBC would own up to 51 pct of proposed JV * HK-friendly rules favour lender over foreign rivals * Move carries risks amid China growth slowdown (Adds comments from HSBC CEO) By Lawrence White HONG KONG, Nov 2 (Reuters) - Europe's biggest lender HSBC is setting up a m
Read more* Pretax Q3 profit $6.1 bln vs $5.2 bln estimate * Costs from fines and settlements fall by $1.4 bln * Underlying revenue hurt by China slowdown * HQ decision may not come until 2016 * Shares dip 1.3 pct (Adds CEO and chairman quotes, China venture, updates shares)