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Banks
Royal Bank of Scotland Group PLC quarterly update to end the week after
The UK manufacturing PMI reading is also on the diary on May Day but no big changes are expected
It is May Day on Friday, and the week will end with Group PLC () being the last of the FTSE 100-listed banks to post a first-quarter…
HSBC Holdings PLC and Standard Chartered PLC back imposition of Chinese
The new laws have attracted criticism from international human rights groups as well as opposition politicians in Hong Kong, who fear they will be used to silence opposition to the Chinese Communist Party
Holdings PLC () and () have…
Barclays Plc has arranged over £7bn of business lending amid coronavirus
Comments at today's AGM follows scrutiny over the bank's handling of 'Bounce Back' online loan applications yesterday.
() told investors it has arranged some £7bn of lending for corporate clients in the UK in recent weeks.
The…
China to remain key to global economy says VSA’s Andrew Monk, despite
What does the future hold in the eyes of Andrew Monk, the onetime progenitor of Blue Oar Securities, Oriel Securities, and the current driving force behind ?
There’s certainly a Chinese flavour to it, that much is clear enough,…
Bank bosses predict long-term working from home trend
“The notion of putting 7,000 people in a building may be a thing of the past,” says Jes Staley
Alongside the bank’s hefty loan write-downs due to coronavirus in the first quarter, () boss Jes Staley also casually tossed a grenade over…
Tally Limited sees surge in demand for its updated digital bank app
Digital bank Tally Ltd said it had to suspend a new subscriber drive in February because the take-up was so great.
Tally offers an online bank account backed by physical gold and following the launch of its Version 2.0 in January was…
Lloyds Banking Group PLC forecasts cut by Jefferies ahead of interim
“The company has a competitive moat around costs,” the analysts said, but “no moat around revenue”
PLC () does not have the best mix of business among its peers for the current coronavirus-affected market backdrop, analysts at…
Royal Bank of Scotland Group PLC’s profits almost halved by charges for
Group PLC's () profits almost halved in the first quarter of the year as it prepared for the economic effects of the coronavirus (COVID-19) pandemic.
The taxpayer-owned bank took impairment losses of £802mln, including a £628mln…
Nationwide Building Society sets aside £101mln for coronavirus-related
said it has upped its bad debt provision by £101mln due to the potential impact of the coronavirus outbreak.
The additional provision reflects an increase in expected credit losses resulting from payment holidays and the economic…
Lloyds Banking Group PLC operations chief delays retirement to help with
Chief operating officer Juan Colombás is a long-time colleague of boss Antonio Horta-Osório
PLC’s () operations director Juan Colombás has agreed to delay his retirement to help the lender through the coronavirus crisis.
The…