LONDON, June 19 Clydesdale and Yorkshire Banking Group has laid out plans to challenge Britain's big banks, betting that a re-brand as Virgin Money and growth in business banking will help it shake up the market.
LONDON Clydesdale and Yorkshire Banking Group has laid out plans to challenge Britain's big banks, betting that a re-brand as Virgin Money and growth in business banking will help it shake up the market.
LONDON Lloyds Banking Group Chief Executive Antonio Horta-Osorio on Wednesday told lawmakers his pension and pay are in line with the market rate, amid widening scrutiny of the gap between bosses' and ordinary workers' pensions in Britain.
LONDON Senior politicians have lambasted Britain's financial watchdog for failing to take action against RBS or its former executives for past mistreatment of small business customers.
* Lender axing 20 pct of UK branches (Adds details, union comment)
LONDON A tussle between Britain and the European Union over where thousands of shares would be traded in the event of a no-deal Brexit escalated on Wednesday after Britain's financial watchdog accused its EU counterpart of risking disruption by restricting market access.
LONDON Metro Bank escaped a potential investor challenge at its annual meeting on Tuesday, but there were sizeable votes against several of its most senior directors. | Video
LONDON Britain's biggest retailer Tesco will stop mortgage lending at its banking business because of tough market conditions, it said on Tuesday, as rival lender Nationwide Building Society reported a drop in profit margins.
LONDON Britain's Nationwide Building Society reported a 15% fall in profits for the year to April 4, as intense competition in the home lending market and increased spending on digital banking services ate into its margins.
Chinese President Xi Jinping departed for Pyongyang on Thursday on a state visit to North Korea, state media said, accompanied by a clutch of senior officials, including the head of the state economic planner.