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LONDON, June 6 (Reuters) - The Bank of England will examine risks from rising house prices but cannot tackle the issue of surging prices directly, a senior BoE official said on Friday. The Bank's Financial Policy Committee, a watchdog that monitors threat to the financial system's stability
Read more(Adds FCA comment, paragraph 8) By Kirstin Ridley LONDON, June 5 (Reuters) - Britain's anti-fraud agency is examining information from a global investigation into the possible manipulation of currency markets, in the first sign it might follow the United States in launching a criminal
Read more* Existing silver benchmark to cease on August 14 * Participants want more contributors, electronic system * LBMA invites proposals from potential administrators By Jan Harvey and Clara Denina LONDON, June 5 (Reuters) - Silver market players are in favour of an electronic,
Read moreLONDON, June 5 (Reuters) - Video games retailer, Game
Digital
June 4 (Reuters) - -- Source link: (http://link.reuters.com/kyf89v) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more* Sharp cautions that FPC is not "omniscient" * Says focus should be on keeping broader system resilient * FPC meets on June 17, property market on agenda * Sharp says will consider whole UK housing market, not only London (Adds comment on housing market) By Huw JonesRead more
LONDON, June 4 (Reuters) - The Bank of England's risk watchdog will consider the country as a whole and not just London when it considers possible intervention in the property market later this month, a BoE policymaker said on Wednesday. The Bank's Financial Policy Committee meets on June 1
Read more(Adds details that BNP Paribas boss not attending) By Steve Slater LONDON, June 4 (Reuters) - Britain's finance minister George Osborne voiced confidence on Tuesday that politicians and regulators from major economies will achieve a framework for sorting out problems with bank regulat
Read more* Sharp cautions that FPC is not "omniscient" * Says focus should be on keeping broader system resilient * FPC meets on June 17, property market on agenda By Huw Jones LONDON, June 4 (Reuters) - The Bank of England's new risk watchdog, which this month will consider what t
Read moreBy Steve Slater LONDON, June 4 (Reuters) - Britain's finance minister George Osborne voiced confidence on Tuesday that politicians and regulators from major economies will achieve a framework for sorting out problems with bank regulation within six months. The Financial Stability Boar
Read more* Sells 7.86 percent stake at 20.10 euros per share * HSBC declares 5.37 percent stake in Repsol * Shareholder Sacyr may sell up to 4 percent - analysts * Repsol shares down nearly 4 percent (Updates with details on Pemex plans to get rid of remaining stake) By Tracy Ruc
Read more(Recasts, adds background on bankers, details of HSBC strategy) HONG KONG, June 4 (Reuters) - HSBC Holdings Plc has named Martin Haythorne and Che Ning Liu as co-heads of banking for Asia Pacific, according to an internal memo, taking on roles that involve managing the bank's relationship
Read moreHONG KONG, June 4 (Reuters) - HSBC Holdings Plc named on Tuesday Martin Haythorne and Che Ning Liu as co-heads of banking for Asia Pacific, according to an internal memo seen by Reuters. Haythorne and Che Ning will take over formally on Sept. 1 the role of Russell Julius, who is transferr
Read moreBy Joseph Ax NEW YORK, May 30 (Reuters) - Twelve major banks asked a U.S. judge on Friday to throw out a consolidated antitrust lawsuit accusing them of colluding to rig prices in the $5 trillion-a-day foreign exchange market, saying the plaintiff investors had failed to properly allege the
Read more(Adds other cities' lawsuits, paragraphs 8-9) By Jonathan Stempel May 30 (Reuters) - The City of Los Angeles has sued JPMorgan
Chase & Co, accusing the largest U.S. bank of engaging
in discriminatory mortgage lending practices that drove up
foreclosures among minority borrowers.
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