Edition:
United Kingdom

Sinead Cruise

Political chaos inflicts fresh injury on British financial services

16 Nov 2018

LONDON Britain's financial services industry has greeted news of a draft Brexit agreement with weariness and worry, spooked by a political revolt that could topple the government and bring fresh troubles to a sector already reeling from upheaval.

Political chaos inflicts fresh injury on British financial services

15 Nov 2018

LONDON Britain's financial services industry has greeted news of a draft Brexit agreement with weariness and worry, spooked by a political revolt that could topple the government and bring fresh troubles to a sector already reeling from upheaval.

Brexit accord leaves British finance out in the cold

15 Nov 2018

* Equivalence framework covers a fraction of finance business

Exclusive: Britain's Paragon will not appeal landmark PPI case ruling

08 Nov 2018

LONDON Britain's Paragon Banking Group said it will not appeal a ruling forcing it to pay compensation over the mis-selling of a payment protection insurance (PPI) premium, in a key case in Britain's costliest consumer scandal.

European banks' beauty only skin-deep, investors say

06 Nov 2018

LONDON Europe's top banks may have survived a milestone test of their resilience but strengthened balance sheets count for little when they generate such meagre returns compared with U.S. rivals, investors say.

RPT-ANALYSIS-European banks' beauty only skin-deep, investors say

06 Nov 2018

* Economic downturn set to depress revenue growth, increase risk

UBS to ramp up training, set up sexual misconduct hotline

01 Nov 2018

LONDON Swiss bank UBS will expand training for staff investigating sexual misconduct claims, and introduce a confidential hotline to handle such allegations, an internal memo sent to staff seen by Reuters shows.

UBS to ramp up training, set up sexual misconduct hotline

01 Nov 2018

LONDON Swiss bank UBS will expand training for staff investigating sexual misconduct claims, and introduce a confidential hotline to handle such allegations, an internal memo sent to staff seen by Reuters shows.

UBS investigates second sexual assault claim by ex junior trader-sources

12 Oct 2018

LONDON UBS is investigating a second accusation of sexual assault made by a former junior trader who said the Swiss bank had failed to deal appropriately with a previous, separate rape allegation, two sources told Reuters. UBS began a review in July into how it handled the former employee's initial allegation that she was raped in September 2017 by a senior colleague, the sources, who have direct knowledge of the matter, said.

Exclusive: BoE takes action to steer lenders through 'no-deal' Brexit - source

11 Oct 2018

LONDON The Bank of England (BoE) has asked lenders in Britain to provide six-hourly checks on their balance sheets in the days after a possible "no-deal" Brexit as it seeks to avert a sudden squeeze in credit supply, a senior industry source said.

World News