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Fri, 28th Oct 2011 09:13
LONDON, July 19 (Reuters) - Britain's banks are not passing on higher interest rates to savers fast enough, though this is expected to accelerate in coming months as a new duty to provide good outcomes for consumers comes into force, UK financial regulators said on Wednesday.
Read moreLONDON, July 19 (Reuters) - Britain's banks are not passing on higher interest rates to savers fast enough, though this is expected to accelerate in coming months as a new duty to provide good outcomes for consumers comes into force, UK financial regulators said on Wednesday.
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(Alliance News) - SSP Group PLC on Tuesday said it has completed the refinancing of its syndicated banking facilities, including a new GBP300 million four-year loan and undrawn GBP300 million revolving credit facility.
Read moreDUBAI, July 17 (Reuters) - Saudi Arabian food and beverage company Almarai has hired banks to arrange a sale of U.S. dollar-denominated Islamic bonds, an investor presentation showed on Monday.
Read more(Alliance News) - UK Business & Trade Secretary Kemi Badenoch signed off UK membership to a major Indo-Pacific trade bloc, bringing British businesses a step closer to being able to sell to a market of 500 million people with fewer barriers.
Read moreLONDON/HONG KONG, July 13 (Reuters) - HSBC is building up its green finance and bond teams in China to meet surging demand, two sources with knowledge of the matter told Reuters, as Europe's biggest bank presses on with expansion in the country despite geopolitical tensions.
Read moreLONDON/HONG KONG, July 13 (Reuters) - HSBC is building up its green finance and bond teams in China to meet surging demand, two sources with knowledge of the matter told Reuters, as Europe's biggest bank presses on with expansion in the country despite geopolitical tensions.
Read moreSTOXX 600 up for fourth straight session
*Read more(Alliance News) - The FTSE 100 in London was lifted by banking stocks heading into Wednesday afternoon, after the Bank of England's latest stress test showed the sector to be "resilient".
Read moreLONDON, July 12 (Reuters) - The Bank of England will toughen up rules for winding down struggling banks, such as the British arm of Silicon Valley Bank which failed in March, rather than raise deposit protection limits, Bank of England Governor Andrew Bailey said.
Read moreLONDON, July 12 (Reuters) - Britain's eight largest lenders have enough capital to ride out a worse economic crisis than that seen in 2008, the Bank of England (BoE) said on Wednesday, as the sector faces sharply rising interest rates pummelling consumers and businesses.
Read more(Alliance News) - The Bank of England on Wednesday said the major UK banks were "resilient to a severe stress scenario", in its latest cyclical stress test results, with all eight surveyed lenders passing.
Read moreMILAN, July 12 (Reuters) - A gauge of British banking stocks surged on Wednesday after the Bank of England said its annual stress test of eight major lenders showed each could cope with rising interest rates in a stressed environment.
Read more(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.
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