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UPDATE 2-UK watchdog proposes extension to consumer credit payment holiday
19 Jun 2020

UPDATE 2-UK watchdog proposes extension to consumer credit payment holiday

(Adds quotes)By Carolyn CohnLONDON, June 19 (Reuters) - Britain's markets watchdog on Friday proposed enabling some consumers to extend a payment fr...

UPDATE 1-Britain's Nationwide seeks 100 redundancies due to coronavirus -source
15 Jun 2020

UPDATE 1-Britain's Nationwide seeks 100 redundancies due to coronavirus -source

* Nationwide eyes 100 redundancies amid tough environment -source* Lender confirms it is consulting with staff* Low interest rates and pandemic hurti...

Britain's Nationwide offers redundancy packages to around 200 staff -source
15 Jun 2020

Britain's Nationwide offers redundancy packages to around 200 staff -source

LONDON, June 15 (Reuters) - Britain's Nationwide Building Society has offered redundancy packages to around 200 staff with a view to around 100 acce...

UPDATE 2-British lender Nationwide cuts saver benefits after profit slump
29 May 2020

UPDATE 2-British lender Nationwide cuts saver benefits after profit slump

(Recasts, adds detail, CEO comment)* Says it will struggle to hit some member benefit targets* Books 101 mln pound charge for expected credit losses* ...

UPDATE 1-British lender Nationwide abandons some targets as profit slumps
29 May 2020

UPDATE 1-British lender Nationwide abandons some targets as profit slumps

* Lender abandons some member benefit targets* Books 101 mln pound charge for expected credit losses* Will focus on capital and liquidity (Adds detai...

UPDATE 1-British lender Nationwide abandons some targets as profit slumps
29 May 2020

UPDATE 1-British lender Nationwide abandons some targets as profit slumps

* Lender abandons some member benefit targets* Books 101 mln pound charge for expected credit losses* Will focus on capital and liquidity (Adds detai...

British lender Nationwide reports 44% profit slump
29 May 2020

British lender Nationwide reports 44% profit slump

LONDON, May 29 (Reuters) - Britain's Nationwide Building Society's annual profit fell by 44%, it said on Friday as it warned of rising loan losses b...

RPT-UPDATE 3-British banks can withstand pandemic fallout on economy -BoE
7 May 2020

RPT-UPDATE 3-British banks can withstand pandemic fallout on economy -BoE

(Repeats to fix formatting, no changes to text)* BoE's stress test based on economic scenario for pandemic* Test assumed GDP drop by almost 30% in Q2 ...