Banks

Headlines from the Proactive UK newsroom. The FTSE 100 was lower again on a downbeat update from RBS. UK manufacturing figures also revealed factories had their worst month in three decades. 's () profits almost halved in the first…

Around one million companies are currently using the furlough scheme, with a survey finding that around a quarter saying they cannot afford to pay their staff The economic toll from the coronavirus pandemic continues to build, as…

The banking giant posted on its official WeChat account saying the Chinese population should "reasonably" consider its positive role as an international bank HSBC Holdings PLC (LON:HSBA) has denied rumours circulated among internet…

PLC () profits plummeted 95% in the first quarter of the year after taking a sizeable write-down in preparation for bad loans resulting from the coronavirus crisis.   Britain’s biggest lender took an impairment charge of £1.4bn,…

Group PLC () has extended the deadline for businesses to switch their accounts to other banks under an incentive scheme to encourage competition in the banking sector. Eligible customers can apply until February 28, instead of August…

PLC () has confirmed weekend reports that it is in talks to buy Retail Money market, the of owner peer-to-peer lender Ratesetter. The challenger bank said it has entered a period of exclusive discussions, but these are at a…

Wealth and insurance contributed £1.1bn of underlying profit last year, around 15% of the bank's total PLC () is eyeing further expansion into the private client sector as a source of better earnings as part of its strategic review,…

The pubs group intends to resume dividend payments “as soon as is practicable”. Young & Co.'s Brewery PLC () has confirmed it will not be paying an interim dividend for the current fiscal year. The company intends to resume…