Edition:
United Kingdom

Lawrence White

Britain's RBS appoints Katie Murray as finance chief

18 Dec 2018

LONDON Royal Bank of Scotland has appointed Katie Murray as chief financial officer, the bank said on Tuesday, making permanent a role she has held on an interim basis since August.

StanChart to take $160 million charge from private equity sale

17 Dec 2018

Standard Chartered PLC has agreed terms for the sale of its private equity division, ending a more than two-year effort to shed a business the bank no longer deemed central to its strategy.

Barclays promotes 85 in investment bank to managing director

14 Dec 2018

LONDON Barclays has promoted 85 executives in the international division that houses its investment bank to the rank of managing director, the British lender said on Friday.

Sleeping bags and mini golf as traders brace for Brexit all-nighter

10 Dec 2018

LONDON As members of Parliament gather in Britain's parliament on Tuesday to vote on the future of the country's relationship with Europe, traders in London's financial hub will be bracing for a potential burst of market turmoil that could affect the Brexit process itself.

RPT-Sleeping bags and mini golf as traders brace for Brexit all-nighter

10 Dec 2018

LONDON, Dec 7 As lawmakers gather in Britain's parliament on Tuesday to vote on the future of the country's relationship with Europe, traders in London's financial hub will be bracing for a potential burst of market turmoil that could affect the Brexit process itself.

Britain's city watchdog taken to court over RBS executives

05 Dec 2018

LONDON Britain's financial watchdog is being taken to court over its handling of an investigation into Royal Bank of Scotland's restructuring unit which has been criticized for its treatment of small businesses after the 2008 financial crisis.

RPT-PREVIEW-British banks await stress-test trigger for shareholder payouts

26 Nov 2018

LONDON, Nov 23 Britain's bank bosses are hoping for the green light to return more capital to long-suffering investors when the Bank of England publishes results next week from its annual stress test of leading lenders.

British banks await stress-test trigger for shareholder payouts

23 Nov 2018

LONDON Britain's bank bosses are hoping for the green light to return more capital to long-suffering investors when the Bank of England publishes results next week from its annual stress test of leading lenders.

MPs launch investigation into bank IT failures

23 Nov 2018

LONDON British lawmakers launched an inquiry on Friday into computer systems failures at financial services firms, after a number of outages in recent months left millions of customers unable to access their money or make vital payments.

World News

As shutdown lingers, Pelosi pushes Trump to delay State of Union speech

With the partial U.S. government shutdown now in its 26th day, House Speaker Nancy Pelosi on Wednesday urged President Donald Trump to reschedule his State of the Union address - a move that could deny him the opportunity to use the pageantry of the speech to attack Democrats in their own chamber over the impasse.