Edition:
United Kingdom

Iain Withers

Burford alleges share manipulation around Muddy Waters attack

12 Aug 2019

LONDON London-listed litigation funder Burford Capital said it has found evidence of suspect trading patterns in its shares around the time short-seller Muddy Waters issued a report challenging the company's accounts last week.

RBS to miss profit target as Brexit warning signs build

02 Aug 2019

LONDON Royal Bank of Scotland on Friday said deteriorating economic conditions before Brexit were likely to derail next year's profitability and cost targets after it reported strong first-half results, including a 1.7 billion pound dividend. | Video

RBS to miss profit target as Brexit warning signs build

02 Aug 2019

LONDON Royal Bank of Scotland on Friday said deteriorating economic conditions before Brexit were likely to derail next year's profitability and cost targets after it reported strong first-half results, including a 1.7 billion pound dividend. | Video

Hurry up and claim! - UK ombudsman tells consumers in mis-selling scandal

02 Aug 2019

LONDON Britain's financial complaints body encouraged consumers on Friday to lodge claims for mis-sold loan insurance ahead of an Aug. 29 deadline, despite criticism from some banks that a majority of the claims were "vexatious".

RPT-UPDATE 3-RBS to miss profit target as Brexit warning signs build

02 Aug 2019

LONDON, Aug 2 Royal Bank of Scotland on Friday said deteriorating economic conditions before Brexit were likely to derail next year's profitability and cost targets after it reported strong first-half results, including a 1.7 billion pound dividend.

Barclays hikes dividend 20% and targets highest yearly payout since 2008

02 Aug 2019

(This August 1 story amends capitalisation of Tradeweb in para 17)

Lloyds Bank plays down Brexit fears as mis-selling charge hits profits again

31 Jul 2019

LONDON Lloyds Banking Group played down mounting concerns about Britain's Brexit crisis as it missed first-half profit forecasts due to a much larger than expected charge for mis-selling insurance.

Barclays, JP Morgan among banks facing UK class action over forex-rigging

29 Jul 2019

LONDON Barclays , JP Morgan , RBS , UBS and Citigroup are being sued by investors over allegations they rigged the global foreign exchange market, in a test of U.S.-style class actions in Britain. | Video

Barclays, JPM, others face UK class action over currency-rigging

29 Jul 2019

* Banks have previously paid out $11bn in fines for FX rigging

Metro Bank shares dive after slide in profits

25 Jul 2019

LONDON Shares in troubled British lender Metro Bank plunged by almost a fifth in early trading on Thursday after it said customers had pulled 2 billion pounds ($2.5 billion) out of the bank this year following a major accounting error in January.

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