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UPDATE 3-British bank bosses take pay cuts amid coronavirus fallout
8 Apr 2020

UPDATE 3-British bank bosses take pay cuts amid coronavirus fallout

* HSBC, StanChart and RBS bosses donate part of pay* Lloyds executive directors waiving bonuses* Moves follow Bank of England pressure* Banks criticis...

RBS presses on with NatWest Markets cuts, axing 130 jobs-FT
8 Apr 2020

RBS presses on with NatWest Markets cuts, axing 130 jobs-FT

LONDON, April 8 (Reuters) - Royal Bank of Scotland has cut around 130 jobs in its investment banking division NatWest Markets, the Financial Times r...

TOP NEWS: UK Insurers Next To Pull Dividends Amid Virus Crisis
8 Apr 2020

TOP NEWS: UK Insurers Next To Pull Dividends Amid Virus Crisis

TOP NEWS: UK Insurers Next To Pull Dividends Amid Virus Crisis

Pandemic prompts UK watchdog to devise a rip-off detector
7 Apr 2020

Pandemic prompts UK watchdog to devise a rip-off detector

By Huw JonesLONDON, April 7 (Reuters) - Britain's markets watchdog says the coronavirus pandemic has shown a need to reinforce consumer protection a...

JP Morgan boss anticipates financial stress akin to 2008 crisis
6 Apr 2020

JP Morgan boss anticipates financial stress akin to 2008 crisis

(Sharecast News) - The head of America's largest lender by market value is digging in for a severe downturn.

UPDATE 1-Barclays and RBS latest to hold 'empty room' AGMs
3 Apr 2020

UPDATE 1-Barclays and RBS latest to hold 'empty room' AGMs

By Lawrence White and Iain WithersLONDON, April 3 (Reuters) - British banks Barclays and RBS confirmed that shareholders will not be able to attend ...

INSIGHT-Crisis haunts British banks in coronavirus relief effort
3 Apr 2020

INSIGHT-Crisis haunts British banks in coronavirus relief effort

* Unprecedented demand leads to record loan originations* Government-backed loan schemes not a 'free-for-all'* Bankers fear repercussions of poor lend...

Bank of Ireland receives 15,000 applications for mortgage breaks
3 Apr 2020

Bank of Ireland receives 15,000 applications for mortgage breaks

DUBLIN, April 3 (Reuters) - Bank of Ireland received 15,000 applications for payment breaks from mortgage customers in March, with a further 5,000 b...