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Watchdog puts British banks on notice but no overdraft inquiry
1 Jul 2020

Watchdog puts British banks on notice but no overdraft inquiry

By Huw JonesLONDON, July 1 (Reuters) - Britain's financial watchdog will not open a formal inquiry into how banks charge for overdrafts, but put the...

Britain extends pandemic credit card relief
1 Jul 2020

Britain extends pandemic credit card relief

By Huw JonesLONDON, July 1 (Reuters) - Consumers in difficulties due to the COVID-19 pandemic will have more time to ask for a temporary freeze on t...

Royal Bank Of Scotland To Redeem USD2 Billion In Notes
29 Jun 2020

Royal Bank Of Scotland To Redeem USD2 Billion In Notes

Royal Bank Of Scotland To Redeem USD2 Billion In Notes

RBS Prices USD1.50 Billion Notes As It Bids To Bolster "Capital Base"
25 Jun 2020

RBS Prices USD1.50 Billion Notes As It Bids To Bolster "Capital Base"

RBS Prices USD1.50 Billion Notes As It Bids To Bolster "Capital Base"

Queen's private banker Coutts aims for a greener portfolio
24 Jun 2020

Queen's private banker Coutts aims for a greener portfolio

LONDON, June 24 (Reuters) - Coutts, British wealth manager and private banker to the Queen, plans to cut carbon emissions in its funds and portfolio...

RBS to cut around a quarter of U.S. jobs-sources
24 Jun 2020

RBS to cut around a quarter of U.S. jobs-sources

By Sumeet Chatterjee and Sinead CruiseLONDON/HONG KONG, June 24 (Reuters) - Royal Bank of Scotland has begun a major restructuring in its overseas i...

UPDATE 1-Britain sets out how it will regulate the City after Brexit
23 Jun 2020

UPDATE 1-Britain sets out how it will regulate the City after Brexit

(Adds more detail)By Huw JonesLONDON, June 23 (Reuters) - Britain will "tailor" capital rules for insurers inherited from the European Union as it ta...

UPDATE 2-Britain bolsters regulatory powers to scrap Libor
23 Jun 2020

UPDATE 2-Britain bolsters regulatory powers to scrap Libor

(Adds banking sector reaction)By Huw JonesLONDON, June 23 (Reuters) - Britain said on Tuesday it will give regulators more powers to ensure that the ...