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United Kingdom

Rachel Armstrong

U.S. firm FIS buys Worldpay for $35 billion in payments deal bonanza

18 Mar 2019

By Justin George Varghese, Rachel Armstrong and Pamela Barbaglia | Video

RBS says 50 billion euros-plus of cross-border payments threatened by Brexit

15 Feb 2019

LONDON The political turmoil surrounding Britain's departure from the European Union threatens Royal Bank of Scotland's ability to clear more than 50 billion euros ($56 billion) per day in cross-border payments, the bank said on Friday.

RBS says 50 billion euros-plus of cross-border payments threatened by Brexit

15 Feb 2019

LONDON The political turmoil surrounding Britain's departure from the European Union threatens Royal Bank of Scotland's ability to clear more than 50 billion euros (44.08 billion pounds) per day in cross-border payments, the bank said on Friday.

HSBC picks company veteran John Flint as new chief executive

12 Oct 2017

LONDON HSBC has chosen John Flint as its next chief executive, with its newly arrived chairman promoting an insider to drive revenue growth at Europe's biggest bank. | Video

UK banks might become test bed in fight against cyber attacks

26 Sep 2017

LONDON Britain's banks may have to comply with the world's first set of rules for coping with cyber attacks and other outages, Bank of England Deputy Governor Sam Woods said on Tuesday.

Bank of England braced for 130 licence applications before Brexit

26 Sep 2017

LONDON The Bank of England expects 130 financial firms from across Europe to apply for licences to continue operating in Britain after Brexit, its Deputy Governor Sam Woods said.

StanChart CEO says Gulf rift puts Dubai finance hub at risk

07 Aug 2017

LONDON The boss of Standard Chartered has warned that Dubai risks damaging its status as a financial centre as a result of the trade boycott of Qatar by a Saudi-led bloc, which includes the United Arab Emirates.

After $50 billion deal spree, China's HNA moves to clear ownership concerns

24 Jul 2017

LONDON Chinese conglomerate HNA Group has pushed back against media reports that it faces mounting pressure from bankers and regulators, even as it announced a shareholding shake-up in a bid to quash concerns over its ownership.

China's HNA CEO denies banks scaling back credit

24 Jul 2017

LONDON HNA Group CEO Adam Tan has pushed back against media reports that the Chinese aviation-to-financial services conglomerate faces mounting pressure from its bankers and regulators, even as the pace of its acquisitions slows.

INTERVIEW-China's HNA CEO denies banks scaling back credit

24 Jul 2017

LONDON, July 24 HNA Group CEO Adam Tan has pushed back against media reports that the Chinese aviation-to-financial services conglomerate faces mounting pressure from its bankers and regulators, even as the pace of its acquisitions slows.

World News

Europeans vote, with EU future in balance

Europeans vote on Sunday in an election expected to further dent traditional pro-EU parties and bolster the nationalist fringe in the European Parliament, putting a potential brake on collective action in economic and foreign policy.