UK business confidence dips in Nov. ’24
The Lloyds Business Barometer reported a three-point drop in UK business confidence for November, bringing the…
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Lloyds Banking Group
British businesses to scale back staffing, wage increase plans – poll
British businesses are scaling back their staffing and wage increase plans this month, possibly due to the looming…
FTSE 100 notches thin gain with one day to Brexit vote
U.K. stocks inched up Wednesday, as investors kicked off the final day of trade before the U.K. holds its historic…
Shares and Pound surge on Election Outcome
UK shares and the pound have jumped after the Conservatives won a parliamentary majority in the election. The FTSE…
Barclays Considers Potential Sale of UAE Retail Business
Barclays Plc is conducting a strategic review of its retail banking operations in the United Arab Emirates which…
European Stocks Advance Before Central-Bank Meetings
European stocks gained as investors awaited policy decisions from the Bank and the Bank of England, and…
Banks Lift FTSE 100 to Second Day of Gains
U.K.’s FTSE 100 index rose for a second straight day on Wednesday, with investors taking a cue from an upbeat…
U.K. Stocks Rebound From One-Month Low
U.K. stocks rebounded from a one-month low on Tuesday, with banks in the driver’s seat, after upbeat construction…
HSBC Apologizes for Compliance Failures
HSBC Holdings Plc (HSBA), the British bank accused of laundering money for Mexican drug lords, apologized to…
Lloyds To Sell 632 Bank Branches To Co-Operative Group
Lloyds Banking Group Plc (LLOY) agreed to sell 632 branches to Co-Operative Bank Plc for an initial 350 million…
Bank Regulators To Face Tough Questions Over HSBC Money Laundering
Current and former bank regulators are likely to face tough questions by a U.S. Senate panel Tuesday about their…
Europe Shares Fall Amid Fed Announcement, China Data
European shares lost ground on Thursday after the U.S. Federal Reserve’s policy announcement the prior day fell…
UK Shares Fall Amid European Market Turmoil
Oil producers and miners dragged UK shares into negative territory Thursday amid turmoil on the broader European…
Europe Shares Mostly Higher Ahead Of ECB Meeting
Most European stock markets rose on Thursday, with drug and bank in the lead, as investors await an interest rate…
Europe Stocks Slightly Lower, FTSE 100 Higher
European stocks were slightly lower on Tuesday, as most bourses were closed for May Day. The Stoxx 600 index…
HSBC Acquires Lloyds Banking Group Onshore Business In The UAE
Lloyds Banking Group approved to sell its onshore UAE presence to HSBC. This comprises its retail, commercial…
Complaints about UK financial institutions surge
UK Financial Ombudsman body showed on Tuesday that complaints from customers dissatisfied with their financial…
Lloyds expects 2012 income to be Lower
Lloyds Banking Group warned that income was probably to be lower in 2012 than it was in 2011 and confirmed it…
Project Merlin: Bank net lending fell in 2011
Figures from the Bank of England under the Project Merlin deal showed that total net lending from the five main UK…