April 29 (Reuters) - Lloyds Bank Commercial Banking, part of Lloyds Banking Group Plc, appointed Garry Popofsky as U.S. head of FX sales. Popofsky, who will be based in New York, joins from Popofsky Capital where he was a principal, the company said. Popofsky has over 30 years of expe
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Read moreThe UK's four largest banks are expected to have £19bn more of litigation costs this year and next, said credit agency Standard & Poors, which said the quartet's credit ratings were safe for now. Although the credit agency said it thought the worst period for charges relating to payment protection p
Read more* 'Big 4' already incurred 42 billion pound misconduct bill * S&P sees further PPI charges of over 5 billion pounds (Adds details) LONDON, April 27 (Reuters) - Britain's biggest banks face another 19 billion pounds ($29 billion) of charges relating to past misconduct over the next t
Read moreLONDON, April 27 (Reuters) - Britain's biggest banks face another 19 billion pounds ($29 billion) of charges relating to past misconduct over the next two years, ratings agency Standard & Poor's said in a report on Monday. S&P said Britain's banks and customer-owned lenders had incurred 48
Read more(Adds detail from Deutsche Bank overhaul) By Steve Slater LONDON, April 27 (Reuters) - Deutsche Bank's plan to jettison much of its German retail bank and withdraw from one in ten countries sees it join a growing list of banks choosing to shrink and simplify to survive. The bene
Read moreEd Miliband will today intensify a political offensive over housing with an offer to exempt first-time buyers from up to £5,000 in stamp duty using cash raised from tax crackdowns on rogue landlords and foreign investors. The promise to waive the sales tax on properties worth up to £300,000 for thos
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