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Royal Bank of Scotland falls to the bottom of Britain's benchmark FTSE 100 index in chunky volume, which traders attribute to comments from Finance Minister of a possible break-up of the bailed-out bank. George Osborne told The Daily Telegraph in an interview that his ministry was actively
21 Oct 13 08:52By Steve Slater LONDON, Oct 18 (Reuters) - British banks may have to build up more capital and more quickly than they expected, forcing firms like Barclays to rein in dividends to shareholders and restrain bankers' bonuses to find the extra cash. Britain's financial watchdog's plans,
21 Oct 13 07:42David Cameron is planning to build on the huge popularity of the Royal Mail privatisation by prioritising retail investors for the sell-offs ahead of the general election in 2015. Attracting retail investors will be a key aim as the government prepares to complete the sales of Royal Mail and Lloyds
21 Oct 13 07:25LONDON, Oct 18 (Reuters) - British finance minister George Osborne said his ministry was actively looking at breaking up the state-backed Royal Bank of Scotland to create a "bad bank" to house its problem loans, the Daily Telegraph newspaper reported on Friday. Osborne, who asked investment
19 Oct 13 08:15LONDON, Oct 18 (Reuters) - British finance minister George Osborne said his ministry was actively looking at breaking up the state-backed Royal Bank of Scotland to create a "bad bank" to house its problem loans, the Daily Telegraph newspaper reported on Friday. Osborne, who asked investment
18 Oct 13 22:17* RBS takes responsibility for resolving breakup debate-CEO * Bank must address legitimate stakeholder concerns-CEO * Treasury recommendations expected in coming weeks By Matt Scuffham LONDON, Oct 18 (Reuters) - Royal Bank of Scotland's (RBS) new Chief Executive Ross McEw
18 Oct 13 17:54By Sophie Sassard LONDON, Oct 18 (Reuters) - Peugeot's talks on a 3 billion euro ($4.11 billion) French-backed tie-up with Dongfeng are progressing more slowly than the troubled carmaker had hoped, sources with knowledge of the matter said after negotiators returned from meetings in China.<
18 Oct 13 17:40By Steve Slater LONDON, Oct 18 (Reuters) - British banks may have to build up more capital and more quickly than they expected, forcing firms like Barclays to rein in dividends to shareholders and restrain bankers' bonuses to find the extra cash. Britain's financial watchdog's plans,
18 Oct 13 16:47Banking stocks were mostly under the weather on Friday with domestic lenders Royal Bank of Scotland and Barclays leading to the downside. RBS was being weighed down by some gloomy comments from Investec analyst Ian Gordon, who recommended investors not to own the stock ahead of the bank's third-qua
18 Oct 13 14:01LONDON, Oct 17 (Reuters) - The British Bankers' Association annual conference on Thursday included speeches by top European and UK regulators and senior banking executives. The following comments were made, or were due to be made, in speeches at the event or on the sidelines of the conferen
17 Oct 13 16:23LONDON, Oct 17 (Reuters) - The British Bankers' Association annual conference on Thursday included speeches by top European and UK regulators and senior banking executives. The following comments were made, or were due to be made, in speeches at the event or on the sidelines of the conferen
17 Oct 13 15:41LONDON, Oct 17 (Reuters) - Britain's banks have begun changing how they pay staff to help draw a line under years of mis-selling financial products, the Financial Conduct Authority said on Thursday. Banks have already set aside 16 billion pounds to compensate customers for mis-sold loan ins
17 Oct 13 14:30UK banks were trading in the red on Thursday after Exane BNP Paribas speculated that lenders may need to raise more capital to meet regulatory requirements. The Prudential Regulation Authority (PRA), due to make its final statement in December, could introduce additional capital buffers on top of c
17 Oct 13 14:07UK banks were trading in the red on Thursday after Exane BNP Paribas speculated that lenders may need to raise more capital to meet regulatory requirements. The Prudential Regulation Authority (PRA), due to make its final statement in December, could introduce additional capital buffers on top of c
17 Oct 13 12:47LONDON, Oct 17 (Reuters) - The British Bankers' Association annual conference on Thursday included speeches by top European and UK regulators and senior banking executives. The following comments were made, or were due to be made, in speeches at the event or on the sidelines of the conferen
17 Oct 13 12:07
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