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United Kingdom Banking News. Service for global professionals. Constantly updated news and information about United Kingdom.
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  • Influence over Scottish finance has shifted from Edinburgh to London - economist 12 Nov 2009 08:57 GMT
    ... was knighted on the recommendation of the UK government, and later appointment as deputy chairman ... on its own right. Lets face it England will never join the euro for political ... Basically London depends on the rest of Britain to make money so they can shuffle ...

  • Sorting out Britain's banks 12 Nov 2009 09:15 GMT
    ... Labour Member of Parliament for Hastings and Rye ... many years. Parts of Royal Bank of Scotland, Lloyds Banking Group and Northern Rock will ... hold for three years. This means that Britain has the toughest controls on bonuses anywhere ...

  • Time to slay this banking behemoth 12 Nov 2009 01:50 GMT
    ... Last updated at 1:02 AM on 12th November ... Government's guarantee of all the deposits in Britain's banking system. And the whole financial sector ... such as Goldman Sachs, Morgan Stanley and British-owned BarCap (part of Barclays Bank), operate. Indeed, ...

  • As Shipping Slows, Banks and Carriers Fear Loan Defaults 12 Nov 2009 10:11 GMT
    ... Cargo vessels off the coast of Singapore last ... States in overcoming the financial crisis. In Britain, for example, where the economy shrank a ... portfolios - among them Royal Bank of Scotland and Lloyds, and HSH Nordbank and Commerzbank ...

  • Britain Left Holding The Banks 12 Nov 2009 01:09 GMT
    ... Barclays and HSBC were the duo that last ... 5,000 jobs. It seems the fortunes of British banks could stay split like this for ... their role "inside the tent" with banks. Britain has spent much more than other European ...

  • UK at a Glance-UK Stocks -- Factors to watch on Nov 12 12 Nov 2009 07:10 GMT
    ... LONDON, Nov 12 (Reuters) - Britain's FTSE 100 is seen opening between 9 and 11 ... jump in Chinese factory growth and reassuring UK jobless data spurred demand for riskier assets. ...

  • New Swiss Bonus Rules Target Big Banks and Insurers 12 Nov 2009 04:40 GMT
    ... Switzerland's largest banks and insurers will have to ... executive bonuses, another point welcomed by the banking association, and that the new system would ... Pittsburgh in September after countries like Germany, Britain and France had already started to take ...

  • Dowd: Bankers are virtuous? Tell us another one 12 Nov 2009 02:18 GMT
    ... The Great Vampire Squid has gotten religion. of London, the cocky chief of Goldman Sachs said ... be dismissed. No sooner had the Senate Banking Committee Chairman Chris Dodd announced his plan ...

  • UK Stocks -- Factors to watch on Nov 12 12 Nov 2009 07:00 GMT
    ... LONDON, Nov 12 (Reuters) - Britain's FTSE 100 is seen opening between 9 and 11 ... jump in Chinese factory growth and reassuring UK jobless data spurred demand for riskier assets. ...

  • UK could take seven years to sell bank stakes 12 Nov 2009 00:31 GMT
    ... UK could take seven years to sell bank ... warns PwC Selling the taxpayer's stakes in Britain's banks may take seven years, PricewaterhouseCoopers has ... taxpayer's 84pc stake in Royal Bank of Scotland and 43pc in Lloyds Banking Group as ...

  • Swiss regulators water down proposed regulations to curtail bankers' bonuses 12 Nov 2009 06:10 GMT
    ... apply only to the country’s 12 largest banks and insurers following complaints that they would ... that led to the credit crisis. The UK Financial Services Authority set rules for about 26 British banks in August, including provisions on deferred ...

  • Dow Jones Survey of CFOs Shows Lost of Trust in Investment Banks 12 Nov 2009 07:50 GMT
    ... Of more than 220 chief financial officers, treasurers, and heads of ... Investment Banker’s editorial team in conjunction with London-based research and consultancy firm ClientKnowledge, to identify ... Adam Smallman, global managing editor for investment banking, Dow Jones & Company. “Building a deeper, ...

  • Research and Markets: UK Plastic Cards 2009: An Overview of the Key Trends and Issues Facing the UK Card Market 12 Nov 2009 10:11 GMT
    ... the addition of the " Published annually, UK Plastic Cards provides an overview of the key ... -- Banco Santander, S.A. -- Bank of England -- Bradford & Bingley Plc -- GE ... Building Society Limited -- Royal Bank of Scotland Group PLC -- Smile ...

  • 'Think of us as Scottish' plead under threat Royal Bank of Scotland workers in Berwick 12 Nov 2009 09:13 GMT
    ... THE Royal Bank of Scotland is being urged to consider its Berwick ... in terms of a region within the UK. "Along with the local football and rugby teams, ... to the sales of its branches in England and Wales - originally Williams & Glyn's ...

  • UK home repossessions up in Q3, arrears down-CML 12 Nov 2009 10:18 GMT
    ... LONDON, Nov 12 (Reuters) - The number of ... number of homes repossessed by lenders in Britain rose slightly to 11,700 in the three months to ... continuing low interest rates'. Keywords: BRITAIN REPOSSESSIONS/CML (UK Economics desk, uk.economics@reuters.com) COPYRIGHT Copyright Thomson Reuters ...


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