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(Adds more detail)By Huw JonesLONDON, June 23 (Reuters) - Britain will "tailor" capital rules for insurers inherited from the European Union as it takes back control of its crucial financial services sector, finance minister Rishi Sunak said on Tu...
Read more(Adds banking sector reaction)By Huw JonesLONDON, June 23 (Reuters) - Britain said on Tuesday it will give regulators more powers to ensure that the Libor interest rate benchmark is scrapped in an orderly way and on time by the end of 2021.The Lon...
Read more(Adds more detail, reaction)By Huw JonesLONDON, June 23 (Reuters) - Britain said on Tuesday it will give regulators more powers to ensure that the Libor interest rate benchmark is scrapped in an orderly way by the end of 2021.The London Interbank O...
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UK WINNERS & LOSERS SUMMARY: Pub Owners Rise As Reopening Draws Closer
Read moreLONDON, June 23 (Reuters) - Britain said on Tuesday it will give regulators more powers to ensure that the Libor interest rate benchmark is scrapped in an orderly way by the end of 2021."The Government recognises... that legislative steps could he...
Read more(Adds more detail)LONDON, June 23 (Reuters) - Some banks will cut office space in London's financial district as they "reset" their operations following the COVID-19 pandemic, Britain's financial services minister said on Tuesday.The bulk of staff...
Read moreRBS Extends Incentivised Switching Deadline For Business Customers
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(Sharecast News) - Royal Bank of Scotland said it had extended an account switching scheme for business customers by six months so they could to take advantage of incentives to move to other banks.
Read moreLONDON, June 23 (Reuters) - Royal Bank of Scotland said on Tuesday it would give business customers another six months to take advantage of incentives to switch their accounts to other banks, under terms of the bank's crisis-era state aid package...
Read more(Adds more detail)LONDON, June 22 (Reuters) - Nikhil Rathi, head of the London Stock Exchange's UK arm, has been appointed as chief executive of the Financial Conduct Authority (FCA), Britain's finance ministry said on Monday.Rathi, a former finan...
Read more(Adds details)By Huw JonesLONDON, June 22 (Reuters) - Nikhil Rathi, head of the London Stock Exchange's UK division, has been appointed chief executive of the Financial Conduct Authority (FCA), Britain's finance ministry said on Monday.Rathi, a fo...
Read more(Repeats to additional subscribers)LONDON, June 22 (Reuters) - Nikhil Rathi, currently chief executive of the London Stock Exchange's UK arm, has been appointed as chief executive of the Financial Conduct Authority, Britain's finance ministry said...
Read moreLONDON, June 22 (Reuters) - Nikhil Rathi, currently chief executive of the London Stock Exchange's UK arm, has been appointed as chief executive of the Financial Conduct Authority, Britain's finance ministry said on Monday."In the years ahead, we ...
Read moreClose Brothers Names Sainsbury Chief Executive, Succeeding Prebensen
Read more(Adds quotes)By Carolyn CohnLONDON, June 19 (Reuters) - Britain's markets watchdog on Friday proposed enabling some consumers to extend a payment freeze on their credit cards by a further three months as part of measures to support borrowers in di...
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