MEDIA-Big banks face another round of U.S. charges - NYT
-- Source link: (http://nyti.ms/1uuZHNz) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more-- Source link: (http://nyti.ms/1uuZHNz) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read moreFinancial stocks were the Achilles Heel of the market on the first day of the week following reports that the authorities in Hong Kong had used "brutal force", including tear-gas and pepper spray, to quell pro-democracy protesters in the ex-British colony. The protestors had gathered in Hong Kong to
Read more* Banks must submit 'ring-fence' plans by Jan 6 * Depositor protection increased to 1 mln stg for temporary savings * Deposits must move in 24 hrs to another bank if one fails * No detail yet on what capital separate UK unit must hold (Adds more detail on costs, implementation
Read moreShares in HSBC and emerging markets bank Standard Chartered both look cheap, according to analysts at Barclays Capital, though HSBC is the broker's preferred pick as it appears "structurally and cyclically stronger". The valuations of both stocks suggest potential buying opportunities, Barclays said
Read more(Corrects to show deadline is in three months, not two) * Banks have to submit ring-fence plans to BoE by Jan 6 * Banks must outline legal, operational structures * Capital requirements for ring-fenced banks expected 2015 LONDON, Oct 6 (Reuters) - Britain's banks have thre
Read moreShares in HSBC and emerging markets bank Standard Chartered both look cheap, according to analysts at Barclays Capital, though HSBC is the broker's preferred pick as it appears "structurally and cyclically stronger". The valuations of both stocks suggest potential buying opportunities, Barclays said
Read moreLONDON, Oct 6 (Reuters) - The Bank of England said on Monday that British banks must submit plans for splitting their investment banking activities from their routine retail operations by Jan. 6, 2015. The Bank of England said UK banks - including Barclays , HSBC, Royal Bank of Scotland and
Read more* Full compensation on many policies from July 2015 * BoE proposes 24-hour shift in deposits from failed lender LONDON, Oct 6 (Reuters) - The Bank of England is proposing tougher protection for customers of banks and insurers that fail in a bid to avoid the panic seen when Northern Ro
Read more** HSBC & Standard Chartered start the week off on the front foot after Barclays analysts see better days ahead for the sector heavyweights. ** HSBC up 0.5 pct, StanChart up 0.6 pct. ** StanChart shares in Hong Kong hit a 52-week low earlier in the day. ** Slide this month in bo
Read moreDecent gains from banking and supermarket stocks gave the FTSE 100 a boost on Monday morning as the UK's benchmark index continues to recover after hitting a 10-month low last week. The Footsie was trading 0.4% higher at 6,554 early on, rising for the second straight day after falling to 6,446.39 la
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