LONDON Fast-growing British digital bank Monzo plans to hire up to 500 people and forecasts it will get 5.5 million users this year, as it prepares to have another crack at charging some customers to turn a profit.
LONDON Royal Bank of Scotland's new Chief Executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including radically cutting back the size of its loss-making investment bank and renaming the company NatWest. | Video
LONDON Britain's financial regulators are probing links between Barclays Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, after the Financial Times reported on a trove of emails between the two on Thursday. | Video
LONDON, Feb 12 Royal Bank of Scotland's
new boss Alison Rose must decide the fate of two key businesses
in her debut strategy revamp, investors said, with fledgling
digital bank Bó joining NatWest Markets at the top of the list
of problem areas to tackle.
NMC Health Plc disclosed preliminary buyout approaches from private equity firms KKR & Co Inc and GK Investment on Monday, lifting its shares, which have dropped dramatically since Muddy Waters last year queried its financial statements.
LONDON Goldman Sachs plans to expand its retail brand Marcus in Britain this year with more than 65 new staff, a mobile app and more savings products, as part of the group's global shift towards consumer banking.
PARIS/LONDON/WASHINGTON Airbus bribed public officials and hid the payments as part of a pattern of worldwide corruption, prosecutors said on Friday as the European planemaker agreed a record $4 billion (3.04 billion pounds)settlement with France, Britain and the United States. | Video
LONDON Britain's biggest domestic bank Lloyds has issued guidelines to branch managers on treating staff fairly, after a rise in complaints to one of its employee unions about working conditions across its dwindling retail network.