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British finance proposes repackaging state-backed coronavirus loans
10 Jul 2020

British finance proposes repackaging state-backed coronavirus loans

By Huw JonesLONDON, July 10 (Reuters) - Britain's financial sector is proposing the repackaging of some 35 billion pounds ($44 billion) of state-bac...

Europe close: Banks pace gains as stocks move back towards five-month highs
6 Jul 2020

Europe close: Banks pace gains as stocks move back towards five-month highs

(Sharecast News) - Shares in Europe moved back towards roughly five-month highs, boosted by an overnight surge in Chinese stocks and another big posit...

Sunday newspaper round-up: Vouchers, Grocers, Boohoo
5 Jul 2020

Sunday newspaper round-up: Vouchers, Grocers, Boohoo

(Sharecast News) - Radical plans to give all adults £500 and children £250 in vouchers to spend in sectors of the economy worst hit by the C...

UPDATE 1-RBS chairman calls on BoE to lift dividend curbs by autumn
3 Jul 2020

UPDATE 1-RBS chairman calls on BoE to lift dividend curbs by autumn

(Adds additional comments)By Iain WithersLONDON, July 3 (Reuters) - The chairman of majority state-backed lender Royal Bank of Scotland has called on...

RBS Chairman says banks 'not investible' after dividends scrapped
3 Jul 2020

RBS Chairman says banks 'not investible' after dividends scrapped

LONDON, July 3 (Reuters) - British banks are not investible after lenders were forced to scrap dividends by regulators to see them through the coron...

UPDATE 1-Bank of England gives banks 18 months to manage climate risks
1 Jul 2020

UPDATE 1-Bank of England gives banks 18 months to manage climate risks

(Adds more detail)By Huw JonesLONDON, July 1 (Reuters) - Banks and insurers in Britain must implement by the end of 2021 plans they have drawn up to ...

Bank of England gives banks 18 months to manage climate risks
1 Jul 2020

Bank of England gives banks 18 months to manage climate risks

LONDON, July 1 (Reuters) - Banks and insurers in Britain must "fully embed" their approach to dealing with risks from climate change in their busine...

UK banks escape probe into overdraft rises during Covid-19
1 Jul 2020

UK banks escape probe into overdraft rises during Covid-19

(Sharecast News) - UK banks were put on notice over overdraft pricing during the coronavirus crisis by the industry regulator on Wednesday, but escape...