Decent gains from the likes of Standard Chartered and Barclays drove the UK banking sector higher on Wednesday. Emerging markets-focused lender Standard Chartered was rising 4.3% in afternoon trade despite announcing that adjusted pre-tax profits in 2014 dropped 25% to $5.2bn as operating income fel
Read more(Adds detail, background) By Huw Jones LONDON, March 3 (Reuters) - Britain's new rules for vetting and making senior bankers directly accountable for their actions will take effect from March next year, financial services minister Andrea Leadsom said on Tuesday. The new rules, t
Read moreLONDON, March 3 (Reuters) - Britain's new rules for vetting and making senior bankers directly accountable for their actions will take effect from March next year, UK financial services minister Andrea Leadsom said on Tuesday. The new regime aims to make it easier for regulators to punish b
Read moreDespite setting a new intraday record just before the close, the FTSE 100 finished just a few points lower on Friday as investors took profits after a batch of mixed economic data from the States. The Footsie ended the session down 3.07 points at 6,946.66, down just 0.04% from the all-time closing h
Read more* Bank to pay dividend of 0.75 pence per share * CEO says payout will help government sell shares * 2014 underlying profit 7.8 bln stg vs 6.2 bln * CEO handed 11.5 mln pound pay package for 2014 * Labour lawmakers attack pay for top executives (Adds comment from CEO, Lab
Read moreThe UK banking sector was slightly lower on Friday as well-received results from Lloyds and decent gains from Standard Chartered were offset by falls in the share prices of RBS, HSBC and Barclays. The sector was down around 0.5% on average. UK lender Lloyds was trading 1.1% higher despite 2014 resu
Read more(Adds more detail, industry reaction) By Huw Jones LONDON, Feb 27 (Reuters) - The Bank of England would have the power to fine or ban accounting firms from working in financial services under proposals setting out how the UK central bank's regulation arm will monitor the accounting in
Read more-- Source link: (http://on.ft.com/1C3AQpw) -- Note: Reuters has not verified this story and does not vouch for its accuracy
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