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LONDON, 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
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Barclays has been named as the most complained about firm in the first half, according to data from the Financial Conduct Authority. It had 370,733 complaints in the first half, down 12% from the previous half. Lloyds TSB was the second most complained about financial services firm with 253,735 co
Read more* Complaints fall 500,000 vs previous 6 months-watchdog * Banks deal with 92 pct of complaints within 8 wks * Some 51 percent of complaints upheld * 2.55 bln stg paid out in compensation By Matt Scuffham LONDON, Oct 16 (Reuters) - Complaints against British banks fel
Read moreBRUSSELS, Oct 16 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Private equity firm Cinven to buy German life insurer Heidelberger Leben from British lender Lloyds Banking Group (a
Read moreBy Belinda Goldsmith LONDON, Oct 16 (Reuters) - Fears of job cuts and "banker bashing" are taking a toll on the health of bank workers of all levels, according to an international study published on Wednesday that follows a trail of burnouts and tragedies in the world of finance. The
Read moreBy Belinda Goldsmith LONDON, Oct 15 (Reuters) - The head of compliance at Barclays Plc has become the latest senior banker to take time off for stress as the fallout from the financial crisis takes its toll on employees' health. Hector Sants was suffering from exhaustion and stress fo
Read more* Firms should tender for accounting work every 10 years * Had previously considered demand to tender every 5 years * EU likely to go step further with mandatory auditor change By Huw Jones LONDON, Oct 15 (Reuters) - Britain has pulled back from accounting reforms that wou
Read moreMarkets finished at their highest levels in two and a half weeks on Monday despite the ongoing uncertainty surrounding the US debt ceiling, as a deal to raise the borrowing limit still remains elusive. The FTSE 100 finished 20.46 points higher at 6,507.65, its best level since September 27th when i
Read moreUK-listed banks were out of favour on Monday as macro concerns weighed on investor appetite for risk; Royal Bank of Scotland was a heavy faller after being hit with a downgrade by Bank of America Merrill Lynch. The US broker lowered its rating for RBS from 'neutral' to 'underperform', cutting its p
Read moreThe share price of chemicals group Johnson Matthey jumped on Monday after the stock was upgraded by JPMorgan Cazenove from 'neutral' to 'overweight'. The US bank hiked its target price for the shares from 2,800p to 4,000p, saying that it sees "major potential from a swathe of new global industrial c
Read moreMarkets paused at a two-week high on Monday as investors refrained from building as concerns over the US debt ceiling and mixed data from China weighed on risk appetite. London's benchmark FTSE 100 was trading with small gains by midday after finishing Friday's session at 6,483.79, its highest clos
Read moreRoyal Bank of Scotland has experienced high demand for mortgages after the government launched the second phase of its Help to Buy scheme last week. The lender booked up 5,000 mortgage appointments with customers within just three hours of the scheme going live and received 10,000 calls in the firs
Read moreA political stalemate in Washington over the debt ceiling weighed on risk appetite on Monday morning, with the FTSE 100 holding steady in early trading after hitting two-week highs the previous session. London's benchmark index finished at 6,483.79 on Friday, its highest close since September 27th,
Read moreOct 13 (Reuters) - The chief executive of Lloyds Bank has warned that the government's "Help to Buy" mortgage scheme will risk creating a dangerous bubble in property prices unless steps are taken to boost the supply of new housing and free up planning restrictions, The Financial Times reported.
Read more* Australian competition regulator to assess deal * Big banks in Australia face obstacles to acquisitions * Lloyds selling off international businesses to focus on UK * Westpac shares close 2.5 pct higher, Lloyds up 1.3 pct By Jackie Range and Matt Scuffham SYDNEY/LO
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