Global finance executives warned of parallels between today’s soaring stock markets and the froth of the pre-crisis years as they said investors could be...
Banks may need to find $30 billion to $50 billion of additional capital to support new European units in the aftermath of a hard Brexit, and some smaller...
LONDON: The Bank of England plans to increase capital requirements for U.K. lenders by 11.4 billion pounds ($14.5 billion) to tackle risks posed by the recent...
London financial bosses entered 2017 with renewed warnings about the potential impact of Brexit. Speaking in testimony Tuesday before the Treasury Select...
Banks in the U.K. paid 34.2 billion pounds ($42 billion) in tax in the latest fiscal year, 9 percent more than a year earlier, reflecting an increase in the...
LONDON: Banks in the U.K. will start relocating operations out of the country by year-end, months before formal talks to leave the European Union begin, as...
LONDON: The world’s biggest banks are appealing to the U.S. and other foreign governments to help them make the case for safeguarding London’s status as an...
London’s banks that were once among the most coveted employers in the global financial system are struggling to fill top roles because potential penalties are...
British lawmakers need to take “urgent action” to ensure the U.K. maintains its position as the leading global financial center or risk the departure of banks...
LONDON: HSBC Holdings Plc will cut the pay of hundreds of part-time contractors at its investment-banking arm in London by 10 percent and ask them take two...