LONDON A third of company audits by Britain's leading accounting firms failed a quality test, the country's accounting watchdog said on Tuesday, piling further pressure on a sector already being questioned over its competence.
* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E (Updates pricing)
LONDON, July 10 The dollar paused on Friday as concerns about a surge in coronavirus infections in the United States and elsewhere supported the safe haven Japanese yen, while risk-sensitive currencies lost ground.
Lloyds Bank Chief Executive António Horta-Osório said on Monday he would step down next year after a decade at the helm, leaving Britain's biggest domestic bank to find a successor to steer it through the coronavirus fallout.
LONDON The chairman of majority state-backed lender Royal Bank of Scotland has called on the Bank of England to lift curbs on dividends by the autumn to make lenders attractive to investors again.
LONDON Britain's Financial Conduct Authority said late on Monday it would lift restrictions on German payments company Wirecard AG , allowing it to resume operations.
LONDON/NEW YORK Customers of several British digital finance companies were unable to make payments or access their money on Friday after the collapse of German payments firm Wirecard caused disruption across borders.
* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E (Updates pricing throughout)
LONDON, June 24 The dollar regained some ground on Wednesday after two straight days of losses, as money markets tempered hopes of a rapid global economic recovery.
The United States on Monday rejected China's claims to offshore resources in most of the South China Sea, drawing criticism from China which said the U.S. position raised tension in the region, highlighting an increasingly testy relationship.