United Kingdom

Huw Jones

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

1:50pm BST

UK watchdog and EU tell banks to prepare for hard Brexit

LONDON Britain's banks and insurers must plan for a "hard" Brexit in case a transition period is not in place next March, a senior British regulator said on Thursday in a warning echoed by Brussels.

18 Jul 2018

UK financial ombudsman says will be ready for small firms

LONDON Britain's financial industry complaints body said it was ready to broaden its remit to include more small companies despite a review that raised questions about its performance.

18 Jul 2018

DTCC opens Irish trade reporting base to avoid Brexit disruption

LONDON DTCC, the world's biggest derivatives reporting house, said it will open a base in Dublin to continue serving European Union customers after Britain leaves the bloc next year.

17 Jul 2018

Exclusive - ECB warns of 'systemic' threat if Euribor reform efforts fail

LONDON The European Central Bank is concerned about the risk of systemic problems if efforts to reform Euribor, one of the bank-to-bank lending benchmarks caught up in a global rate-rigging scandal, get torpedoed.

17 Jul 2018

BoE consults on plugging gap in plans for replacing Libor

LONDON The Bank of England published proposals on Tuesday for tailoring its overnight interest rate benchmark to plug a gap in the market and speed up the replacement of Libor.

17 Jul 2018

Carney - no deal Brexit would prompt interest rate review

FARNBOROUGH, England Bank of England Governor Mark Carney said on Tuesday that a no-deal Brexit would have "big" economic consequences, prompt a review of interest rates and leave many bankers idle.

16 Jul 2018

Britain announces 'short and sharper' code for companies

LONDON Companies in Britain must strive to rein in excessive executive pay, pay more heed to staff and make boards more diverse under a new "short and sharper" corporate code, published on Monday.

16 Jul 2018

UK funds platforms must offer better value or face fee ban

LONDON Britain's markets watchdog proposed measures to help five types of customers get better value for money in the 500 billion pound investment funds platforms sector, sending shares in leader Hargreaves Lansdown lower.

16 Jul 2018

Global regulators start monitoring crypto assets

LONDON Global regulators have published a framework for "vigilantly" monitoring risks from crypto assets like bitcoin <BTC=BTSP> and ether, even though they don't pose a major risk to financial stability for now.

16 Jul 2018

Britain unveils "short and sharper" code for companies

LONDON, July 16 Companies in Britain must strive to rein in excessive executive pay and make boards more diverse under a new "short and sharper" corporate code, published on Monday.

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