
(Updates information from sources) By Kirstin Ridley and Matt Scuffham July 24 (Reuters) - The long-awaited fine on Britain's Lloyds Banking Group in relation to the benchmark interest rate (LIBOR) fixing allegations will be announced next week, two sources familiar with the inquiry t
July 24 (Reuters) - Lloyds Banking Group is expected to announce early next week that the British bank would pay between 200 million pounds and 300 million pounds ($509.52 million)to settle benchmark interest rate (LIBOR) fixing allegations, the Financial Times reported late on Thursday. Ll
-- Source link: (http://on.ft.com/1pN2jBo) -- Note: Reuters has not verified this story and does not vouch for its accuracy
- FTSE closes up 23.31 at 6,821.46 - Retail sales in surprise dip - Fitch comments lift banking sector techMARK 2,822.06 -0.05% FTSE 100 6,821.46 +0.34% FTSE 250 15,748.69 +0.14% London-listed stocks ended the day higher following a relatively steady morning of gains and a slight dip mid afternoon
* UK banking watchdog indicates size of new bond buffer * BoE to consult on implementing new EU bank law By Huw Jones LONDON, July 24 (Reuters) - Britain's biggest banks, such as Barclays and HSBC, will need to build up a buffer of loss-absorbing bonds at least as big as the cap
LONDON, July 23 (Reuters) - Britain's Financial Ombudsman Service has appointed Caroline Wayman as its new chief executive and chief ombudsman, replacing Natalie Ceeney who stepped down last November to take up a position at HSBC. Wayman is currently the principal ombudsman and legal direct
* Total loans grow to 1.16 bln stg, up 216 pct * Bank makes second quarter loss of 9.9 mln stg LONDON, July 23 (Reuters) - Britain's Metro Bank said on Wednesday its lending had more than trebled at the end of the second quarter compared with a year earlier, and more than half of its
The UK's biggest banks will next week announce that they have set aside a further £1bn to meet payment protection insurance (PPI) mis-selling related compensation claims, reports have claimed. According to Sky News, Royal Bank of Scotland, Lloyds Banking Group and Barclays will reveal in their hal
LONDON, July 21 (Reuters) - Britain's competition watchdog should take a hard line and be prepared to shake up the banking industry to improve services for customers, a leading lawmaker said on Monday, saying he was fed up with years of inaction. "There are millions of banking customers who
LONDON, July 19 (Reuters) - Britain's 7th-largest lender, TSB, which recently floated on the stock market, is planning to bid for 1.4 billion pounds worth of state-owned mortgages, Sky news reported on its website on Saturday, without citing its sources. TSB is interested in acquiring the r