Edition:
United Kingdom

Huw Jones

Small British banks want softer rules to help them compete

11 Dec 2019

LONDON Britain's mid-tier banks have asked the Bank of England to ease rules introduced after the financial crisis that they say hamper their efforts to compete with bigger rivals that have a tight grip on the market.

London Stock Exchange opens consultation on shorter trading hours

10 Dec 2019

LONDON The London Stock Exchange published a consultation paper on Tuesday asking market participants if they wanted shorter trading hours to help improve staff diversity and the mental wellbeing of traders.

London Stock Exchange opens consultation on shorter trading hours

10 Dec 2019

LONDON The London Stock Exchange published a consultation paper on Tuesday asking market participants if they wanted shorter trading hours to help improve staff diversity and the mental wellbeing of traders.

UK watchdog fines Grant Thornton for audit breaches

10 Dec 2019

LONDON Britain's accounting watchdog, the Financial Reporting Council, fined accountants Grant Thornton 650,000 pounds ($833,950) on Tuesday for errors in an audit of a company the regulator declined to name.

Cboe buys EuroCCP to bolster Dutch EU base after Brexit

10 Dec 2019

LONDON Cboe Global Markets said on Tuesday it would take full control of EuroCCP, Europe's largest clearing house for stock trades, to bolster its post-Brexit base in Amsterdam and diversify into derivatives.

Global financial watchdogs take aim at Big Tech's data dominance

08 Dec 2019

LONDON Google, Alibaba and other "Big Tech" companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.

EU watchdog calls for single feed for stock prices across region

05 Dec 2019

LONDON The European Union's securities watchdog said on Thursday that stock exchanges should be forced to contribute prices to a pan-European feed for trades to make it easier for investors to compare prices on different platforms.

UK regulators call time on lengthy glitches in banking services

05 Dec 2019

LONDON Regulators made proposals on Thursday to strengthen the ability of banks and payment firms in Britain to cope with major incidents and maintain key services with minimum interruption.

UK regulators call time on lengthy glitches in banking services

05 Dec 2019

LONDON, Dec 5 Regulators made proposals on Thursday to strengthen the ability of banks and payment firms in Britain to recover from disruptions to services within set timeframes.

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