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* Internet used for nearly 1 bln stg transactions/day * Banking apps downloaded more than 14.7 million times * BBA says branches remain integral to retail banking * Banks looking to automate more within branches (Adds comments on changing use of branches) By Matt Scuffha
Read more* Regulator says many consumers do not shop around * Biggest banks offering lower rates on average (Adds comment from FCA director, further details) LONDON, July 8 (Reuters) - Britain's biggest banks are getting away with paying lower interest rates to customers that have stayed wit
Read more* Internet used for nearly 1 bln stg transactions/day * Banking apps downloaded more than 14.7 million times By Matt Scuffham LONDON, July 8 (Reuters) - Britons are using internet and mobile banking for transactions worth nearly 1 billion pounds ($1.7 billion) a day and branch u
Read more-- Source link: (http://bit.ly/1mCj195) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more(Adds full name of FX company and weblink) By Patrick Graham LONDON, July 7 (Reuters) - From a small, white-washed basement close to London's Liverpool Street station, Sakthi Ariaratnam is beating banks at what you would have thought was their own game - and it is relatively easy.
Read moreJuly 2 (Reuters) - Lloyds Bank Commercial Banking, part of Lloyds Banking Group Plc, appointed Marc Denjean as managing director and head of credit solutions. Denjean joins from UBS AG where he was responsible for the European SNB StabFund.
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Claims of fraud and a disappointing trading update pushed UK banking stocks firmly lower on Thursday. Shares in Barclays plunged after a lawsuit was filed by the New York State Attorney General against the group's "dark pool" trading division. The complaint was made specifically in relation to it
Read more* BoE toughens mortgage affordability tests, lending rules * Only 15 pct of new UK mortgages to exceed 4.5 LTI ratio * Carney says measures will not affect rate rise plans * GRAPHIC: House prices vs earnings http://link.reuters.com/fyg34s (Writes through, adds bank and analyst
Read more* Banding plan abandoned after industry consultation * Other changes still under consideration LONDON, June 26 (Reuters) - Britain has scrapped a planned change to its three-year old bank levy, which has failed to raise as much money as expected, after resistance from the industry, th
Read moreBy Ana Nicolaci da Costa and Huw Jones LONDON, June 26 (Reuters) - The Bank of England sought to slam the brakes on Britain's surging housing market on Thursday by announcing a cap on home loans and tougher checks on whether borrowers can repay their mortgages. The Bank's Financial Po
Read moreLONDON, June 25 (Reuters) - Britain said it will allow domestic retail bank operations that are being separated from riskier investment banking to provide some basic derivatives products to small business customers, in a move welcomed by business groups. Britain is introducing new rules tha
Read more(Repeat for additional subscribers) June 25 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has affirmed SWIP Sterling Investment Cash Fund's Fund Credit and Volatility Ratings at 'AAA'/'V1'. The fund is a sub-fund of Ireland-domiciled SWIP Invest
Read moreLONDON, June 25 (IFR) - European credit markets are opening on the back foot after a fairly soggy night in Asia that saw the Nikkei drop by just over 100 points and a 0.6% fall in the Shanghai Composite. As of 7:45am London time according to Tradeweb, the Main is 1bp wider at 59bp, the Cros
Read moreMONACO, June 24 (Reuters) - British fund manager Aberdeen Asset Management Plc sees greater than forecast savings from its recent SWIP acquisition and expects to raise its dividend this year, as well as seeing scope to buy back shares, its chief executive said on Tuesday. Speaking on the si
Read moreBy Helene Durand June 24 (IFR) - Lloyds Bank is hoping to raise its first Environmental, Social & Governance (ESG) bond, the latest institution to use the bond market to fund good causes. The issuer will meet with investors in London and Edinburgh this week and early next week and wil
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