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United Kingdom

Lawrence White

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

12 Sep 2017

RateSetter recovering after 'asteroid strike' bad loan discovery

LONDON Britain's peer-to-peer lending platform RateSetter has managed to retain most of its customers despite leaving the industry's trade body last month after breaching its transparency rules, its Chief Executive Rhydian Lewis told Reuters in an interview.

07 Sep 2017

HSBC begins payouts to some of small UK firms whose accounts it froze

LONDON HSBC has offered compensation to at least two of the small British businesses caught up unintentionally in a crackdown on illicit money, seeking to limit the damage from an operation that has been criticised by lawmakers and industry.

29 Aug 2017

FCA enlists Schwarzenegger in insurance mis-selling campaign

LONDON The animatronic head of actor and former California Governor Arnold Schwarzenegger mounted on tank tracks urges consumers to "make a decision", in a campaign launched on Tuesday to raise awareness of Britain's costliest consumer mis-selling scandal.

24 Aug 2017

Exclusive: Small UK companies complain after HSBC accounts frozen

LONDON An avocado importer, an e-cigarette seller and a toilet-cleaning gun maker are among British companies that have had accounts closed or frozen by HSBC in the last two months, unintended casualties of a crackdown by the bank on illicit money flows.

23 Aug 2017

British banks set to close record 762 branches this year

LONDON Banks in Britain are set to close a record 762 branches this year, depriving more customers of access to in-person financial services as lenders cut costs by pushing business online.

10 Aug 2017

Co-op Bank targets growth after rescue as losses fall

LONDON Britain's Co-operative Bank said on Thursday its $900 million (693 million pounds) rescue by investors was on track to conclude by September and would allow it to grow again, as its first-half losses narrowed to 135 million pounds.

08 Aug 2017

Exclusive: British banks' turnaround plans frustrated by U.S. justice delays

LONDON Legal and investigative delays at the U.S. Department of Justice are thwarting efforts by three of Britain's biggest banks to rehabilitate themselves after the global financial crash and other problems, the banks' chief executives have said.

07 Aug 2017

StanChart CEO says Gulf rift puts Dubai finance hub at risk

LONDON The boss of Standard Chartered has warned that Dubai risks damaging its status as a financial centre as a result of the trade boycott of Qatar by a Saudi-led bloc, which includes the United Arab Emirates.

04 Aug 2017

RBS makes first-half profit, may move some jobs to Amsterdam

LONDON Royal Bank of Scotland beat first-half profit forecasts on Friday in a sign its long-promised recovery is finally gathering pace, and said it may move up to around 150 jobs to Amsterdam after Brexit.

04 Aug 2017

Standard Chartered expects Brexit relocation will cost $20 million

LONDON Standard Chartered will need to spend around $20 million (15.31 million pounds) making Frankfurt its European base in order to secure market access to the European Union when Britain leaves the bloc, Chief Executive Bill Winters told Reuters.

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