LONDON, July 24 (Reuters) - Mortgage approvals in Britain rose in June to their highest level since March last year, according to data from the British Bankers' Association which said the housing market is hotting up again. Britain's housing sector slowed markedly through the latter half of
Read moreBy Jonathan Stempel NEW YORK, July 23 (Reuters) - Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday, in what was described as the first nationwide class action alleging a conspiracy to manipulate Treasury au
Read moreJuly 23 (Reuters) - StormHarbour, an independent markets and financial advisory firm, appointed Federico Buccellati and Francesco Dissera to continue its push into the Italian market. Buccellati joins as a senior adviser and Dissera as a managing director to support the Italian operations,
Read more* IPO expected in first half of next year * Founder expects bank to make first profit next year * Expects businesses to account for 60 pct of lending (Adds comments from chairman and founder Hill) By Matt Scuffham LONDON, July 23 (Reuters) - New British lender Metro Bank
Read moreLONDON, July 23 (Reuters) - The head of HSBC's British business, Antonio Simoes, will chair the independent panel that represents the banking industry on rule-making and other regulatory issues, Britain's financial regulator said on Thursday. The Financial Conduct Authority (FCA) announced
Read moreLONDON, July 23 (Reuters) - New British lender Metro Bank said its total lending grew to over 2 billion pounds ($3.13 billion) at the end of June, nearly double what it was a year ago. Founded by U.S. entrepreneur Vernon Hill, the bank has been championed as an alternative to Britain's 'big
Read moreLONDON, July 23 (Reuters) - Britain's financial regulator said it will introduce new measures to make it easier for customers to switch cash savings accounts to different banks following a review of competition in the industry. The Financial Conduct Authority also said it will introduce a s
Read more* Graphic on nuclear deal: http://graphics.thomsonreuters.com/15/irannuclear/index.html (Adds comment from the U.S. Treasury Department about OFAC licenses in 15th paragraph) By Suzanne Barlyn NEW YORK, July 22 (Reuters) - The Iran nuclear pact could eventually help thousands of Ira
Read more