British Bank
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London Bankers Face Brexit Choice - Lobby Or Leave
A week after Britons voted themselves out of the European Union, many London-based bankers and their employers face two options if they are to secure their futures: lobby or leave.
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British Banks Fund Supplies To Help Coronavirus-Stricken India
Barclays has funded 1 million pounds ($1.4 million) worth of medical supplies for India in the last week, as British banks with big operations in the country increase support to their own staff and wider communities.
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Saudis Seek Advisers for Biggest Bank Merger Since 2016
Formal advisers for the deal, which could be biggest bank merger for almost three years, could be appointed this month.
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Saudi Contractor Defaults on $2 Billion of Debt
Saudi unit of Cyprus-based Joannou & Paraskevaides Group defaulted on about 7 billion riyals ($1.9 billion) in bank loans.
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Frankfurt, Paris Expect To Welcome Bankers From London In 2017
Frankfurt, Paris, Luxembourg and Dublin are among the centres hoping to attract banks and other institutions from London, Europe's biggest financial centre.
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Bank Price War Looms To Woo Cautious UK Borrowers After Brexit
Banks in Britain are on the verge of a price war to try to revive lending subdued by the Brexit vote and to combat pressures on profitability from ultra-low interest rates, which are likely to stay that way for longer.
-
London Bankers Face Brexit Choice - Lobby Or Leave
A week after Britons voted themselves out of the European Union, many London-based bankers and their employers face two options if they are to secure their futures: lobby or leave.
-
Cyber Attack Targets Britain's HSBC Bank
British bank HSBC said it had successfully repelled a cyber attack on Friday although online access to banking services was not possible.
-
China to Allow Direct Trade of Yuan With Swiss Franc
China's national foreign exchange market will introduce direct trading of the Swiss franc, the operator said today, as the country pushes greater international use of its yuan currency.
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Standard Chartered Axes 15,000 Jobs, Announces $5.1 Billion Capital Raise
Asia-focused British bank Standard Chartered said today it would axe 15,000 jobs and raise $5.1 billion in capital after posting a "disappointing" third-quarter loss as it struggles to return to growth.
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HSBC Says Facing French Criminal Probe Over 'SwissLeaks'
HSBC is to face a French criminal probe over tax dealings at its Swiss private banking arm, the British banking giant said on Thursday, adding that a 1.0-billion-euro ($1.1-billion) bail had been imposed.
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Shriti Vadera Set to Become First Woman to Head Major British Bank
Indian-origin Shriti Vadera has been appointed as chairman of Santander UK, becoming the first woman to head a major British bank.
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HSBC apologizes after cash withdrawal issue in Britain
HSBC said that, as part of a policy change put into effect in November, it began asking customers in some instances to show evidence of what they planned to do with large cash withdrawals.
-
London Bankers Face Brexit Choice - Lobby Or Leave
A week after Britons voted themselves out of the European Union, many London-based bankers and their employers face two options if they are to secure their futures: lobby or leave.
-
British Banks Fund Supplies To Help Coronavirus-Stricken India
Barclays has funded 1 million pounds ($1.4 million) worth of medical supplies for India in the last week, as British banks with big operations in the country increase support to their own staff and wider communities.
-
Saudis Seek Advisers for Biggest Bank Merger Since 2016
Formal advisers for the deal, which could be biggest bank merger for almost three years, could be appointed this month.
-
Saudi Contractor Defaults on $2 Billion of Debt
Saudi unit of Cyprus-based Joannou & Paraskevaides Group defaulted on about 7 billion riyals ($1.9 billion) in bank loans.
-
Frankfurt, Paris Expect To Welcome Bankers From London In 2017
Frankfurt, Paris, Luxembourg and Dublin are among the centres hoping to attract banks and other institutions from London, Europe's biggest financial centre.
-
Bank Price War Looms To Woo Cautious UK Borrowers After Brexit
Banks in Britain are on the verge of a price war to try to revive lending subdued by the Brexit vote and to combat pressures on profitability from ultra-low interest rates, which are likely to stay that way for longer.
-
London Bankers Face Brexit Choice - Lobby Or Leave
A week after Britons voted themselves out of the European Union, many London-based bankers and their employers face two options if they are to secure their futures: lobby or leave.
-
Cyber Attack Targets Britain's HSBC Bank
British bank HSBC said it had successfully repelled a cyber attack on Friday although online access to banking services was not possible.
-
China to Allow Direct Trade of Yuan With Swiss Franc
China's national foreign exchange market will introduce direct trading of the Swiss franc, the operator said today, as the country pushes greater international use of its yuan currency.
-
Standard Chartered Axes 15,000 Jobs, Announces $5.1 Billion Capital Raise
Asia-focused British bank Standard Chartered said today it would axe 15,000 jobs and raise $5.1 billion in capital after posting a "disappointing" third-quarter loss as it struggles to return to growth.
-
HSBC Says Facing French Criminal Probe Over 'SwissLeaks'
HSBC is to face a French criminal probe over tax dealings at its Swiss private banking arm, the British banking giant said on Thursday, adding that a 1.0-billion-euro ($1.1-billion) bail had been imposed.
-
Shriti Vadera Set to Become First Woman to Head Major British Bank
Indian-origin Shriti Vadera has been appointed as chairman of Santander UK, becoming the first woman to head a major British bank.
-
HSBC apologizes after cash withdrawal issue in Britain
HSBC said that, as part of a policy change put into effect in November, it began asking customers in some instances to show evidence of what they planned to do with large cash withdrawals.
