-
1 week ago | 
msn.com | Lawrence White |Michael Holden
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
-
1 week ago | 
marketscreener.com | Lawrence White |Michael Holden
LONDON (Reuters) -NatWest has returned to full private ownership after a 45 billion-pound ($60.59 billion) state rescue at the height of the 2008 financial crisis, ending a costly, taxpayer-funded government investment that reshaped the lender and industry. Britain's government sold its remaining less than 1% stake in the bank, according to a Treasury statement on Friday, after selling shares in small blocks in recent years. It held as much as 38% recently as December 2023.
-
2 weeks ago | 
ca.marketscreener.com | Lawrence White |Tommy Wilkes
Published on 2025-05-20 at 06:21, updated on 2025-05-20 at 06:26 LONDON (Reuters) -Senior executives at two of Britain's banks disagreed over proposals to repeal the country's post-crisis bank ring-fencing rules at a hearing of lawmakers on Tuesday, with the head of Barclays UK saying it could undermine financial stability. Bosses from HSBC, Lloyds, NatWest and Santander UK said they supported scrapping bank ring-fencing in a letter to the finance ministry last month.
-
2 weeks ago | 
today.westlaw.com | Lawrence White |Susan Fenton
LONDON (Reuters) -Barclays has hired former UBS banker Marc Warm as its global co-head of capital markets, the British bank said on Tuesday, as it tries to expand its business to compete with Wall Street rivals. Warm will be based in New York, and...
-
3 weeks ago | 
money.usnews.com | Stefania Spezzati |Jesús Aguado |Lawrence White |Elisa Martinuzzi
ReutersFILE PHOTO: U.S. dollar, Euro and Pound banknotes are seen in this illustration taken May 4, 2025.
-
3 weeks ago | 
marketscreener.com | Tommy Wilkes |Lawrence White
LONDON (Reuters) -Wealth management platform provider Addepar has hit a valuation of $3.25 billion in a fresh $230 million funding round, as it benefits from a race by financial advisors to arm wealthy clients with better data in volatile markets. Silicon Valley-based Addepar, which counts tech billionaire Peter Thiel and Donald Trump's crypto czar David Sacks among its early backers, was last valued at $2 billion at a funding round in 2021.
-
1 month ago | 
marketscreener.com | Lawrence White |Bernadette Baum
LONDON (Reuters) - Standard Chartered on Thursday sought to reassure investors that its business can cope with disruption to global trade after pressure on the trade-focused bank's share price following U.S. President Donald Trump's tariffs announcements.
-
1 month ago | 
usnews.com | Lawrence White |Sinead Cruise
By Lawrence White and Sinead CruiseLONDON (Reuters) - Barclays faced ill-tempered questions from investors about its share price performance and branch closures at its annual meeting on Wednesday, which also drew fresh protests from activists opposed to its alleged provision of financial services to Israeli defence firms.
-
1 month ago | 
ca.finance.yahoo.com | Lawrence White |Sinead Cruise
LONDON (Reuters) -Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international banks to read the medium term outlook effectively, HSBC Chairman Mark Tucker said on Friday. Speaking at the bank's annual shareholder meeting in London, a day after it was announced he will leave the lender by the end of the year, Tucker said he was confident HSBC can meet targets and deliver another year of healthy returns in 2025.
-
1 month ago | 
marketscreener.com | Lawrence White |Sinead Cruise
LONDON (Reuters) -NatWest reported a forecast-beating 36% rise in first-quarter profit on Friday, thanks to healthier margins on deposits and higher loan balances, enabling the lender to upgrade a key return target despite rising economic uncertainty. The results come as the British lender prepares to return fully to private ownership for the first time since its state rescue at the height of the 2008 financial crisis.
