Britain says wants to work with Iran on trade and investment

Last Updated: Sunday, August 23, 2015, 19:40

Britain said on Sunday that it wanted to work with Iran`s central bank to make it easier for UK banks to finance trade and investment in the country after a thaw in diplomatic relations.

Britain's bank tax jump threatens to push HSBC, StanChart to new home

Last Updated: Monday, April 20, 2015, 10:03

"There is a very clear risk that HSBC and StanChart reach a pain threshold where they think it is no longer worth staying in the UK," said Richard Buxton, head of equities at Old Mutual Global Investors, which owns HSBC shares and who said the bank was reflecting on a move.

UK banks face higher capital demands under new tests

Last Updated: Wednesday, October 2, 2013, 11:37

Banks in Britain may have to hold more capital than their international rivals under proposals for an annual stress test of lenders put forward by the Bank of England on Tuesday.

UK banks face 1.3bn pounds bill over new mis-selling scandal

Last Updated: Thursday, August 22, 2013, 22:34

Among these was Barclays, HSBC and Royal Bank of Scotland, as well as Lloyds subsidiary Bank of Scotland.

UK 'bad bank' repays $2.9 billion to taxpayers in first half

Last Updated: Tuesday, August 6, 2013, 18:23

Britain's "bad bank" that is running down the loans of two bailed-out lenders said on Tuesday it repaid 1.9 billion pounds (USD 2.9 billion) to the government in the first six months of 2013.

KPMG under scanner over UK bank audits fraud

Last Updated: Thursday, April 11, 2013, 17:52

Accountancy giant KPMG in the UK is under scanner over the audit work that gave HBOS, banking and insurance company, ‘a clean chit’ in the run-up to its collapse.

Big 5 UK banks’ ‘mix of regulation, own mistakes’ wiped out profits

Last Updated: Monday, March 25, 2013, 12:58

According to the report by KPMG report says combined core profits of the banks, Barclays, HSBC, Lloyds Banking Group, RBS and Standard Chartered, were 31.5 billion pounds last year.

Indian IT support team behind UK’s Natwest bank meltdown?

Last Updated: Tuesday, June 26, 2012, 12:41

The banking giant was urgently seeking computer graduates with several years experience of using CA-7, the programme which the bank uses to run its vast network of transactions and accounts.

UK competition agency threatens inquiry into banks

Last Updated: Thursday, February 16, 2012, 21:19

Britain's big banks could face a full-blown monopoly investigation if they drag their heels on opening up to competition, a national regulator warned on Thursday.

British government backs plan to restructure banks

Last Updated: Monday, December 19, 2011, 00:32

The British government will restructure the country's banks by separating their retail activities from riskier investment banking operations, Business Secretary Vince Cable said Sunday.