* UK to cut depositor protection by 10,000 pounds * Change required by 100,000-euro EU limit * UK lawmaker calls requirement "absurd" * Change to take effect from start of 2016 (Updates with reaction from British Bankers' Association) By David Milliken LONDON, July
Read more* UK banks must "ring-fence" units to protect savers, taxpayers * HSBC, Lloyds, RBS plan "broad" ring-fence, Barclays differs * Potential for change as rules are finalised * Structure crucial for how banks deal with corporate customers By Steve Slater and Matt Scuffham
Read moreBanking stocks fell on Friday after Brazil's antitrust agency accused 15 banks of rigging the Brazilian currency. CADE is investigating banks such as HSBC, Barclays, Deutsche Bank and Standard Chartered over suspicions they worked together to manipulate the exchange rate of the real, deterring compe
Read moreJuly 2 (Reuters) - Robert Lynch, head of G-10 currency strategy at HSBC Holdings Plc in New York, has left the bank, Bloomberg reported, citing two people with direct knowledge of the matter. Before joining the London-based bank in 2005, Lynch worked as senior FX strategist at BNP Paribas f
Read more-- Source link: (http://bloom.bg/1NzOnXx) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read moreISTANBUL, July 2 (Reuters) - Qatar National Bank and Bahrain's Arab Bank Corp did not follow up early interest in acquiring HSBC's Turkish business because they are more interested in National Bank of Greece's Turkish arm Finansbank, two people familiar with the matter said. Dutch lender IN
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