Edition:
United Kingdom

Sinead Cruise

Lloyds secures Berlin bank licence as part of Brexit preparations - source

17 Jan 2019

LONDON Lloyds Banking Group has secured a banking licence for its new Berlin-based subsidiary, a source familiar with the matter told Reuters, as part of long-standing plans to Brexit-proof its business with European Union clients.

JPMorgan Chase boosting employee bonus pool 3 percent for 2018

10 Jan 2019

LONDON/NEW YORK JPMorgan Chase & Co is boosting its bonus pool by 3 percent for 2018 after its investment banking division topped charts throughout the year, people familiar with the matter told Reuters on Thursday.

HSBC criticized as UK gender pay gap widens

10 Jan 2019

LONDON HSBC is facing criticism after its latest gender pay report showed the gap between men and women's pay in its UK business widened in 2018.

Brexit Britain's financial sector faces 'slow puncture'

12 Dec 2018

LONDON Life in London's financial district will appear little changed when Britain leaves the European Union on March 29, defying predictions of an exodus of high-flyers to rival centres like Paris, Frankfurt and Dublin.

RPT-INSIGHT-Brexit Britain's financial sector faces "slow puncture"

12 Dec 2018

* EU competition, regulation to stifle future UK business ties

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.

World News

U.S. special counsel disputes report Trump told lawyer to lie

Special Counsel Robert Mueller's office on Friday disputed key elements of a media report that President Donald Trump directed his former lawyer to lie to Congress about a Moscow real estate deal, raising questions about a story that has dominated U.S. news coverage for the past 24 hours.