Major British Bank

Major stock markets mostly rose Wednesday on soothing worries over the banking sector, according to analysts.

Big tech companies whose online platforms carry advertisements for scams should be made to reimburse victims, British lawmakers said, as part of wider efforts to combat a growing epidemic of online fraud in Britain.

The dollar index, which tracks the greenback against a basket of six major currencies like euro, Japanese yen, and British pound, fell to 91.082 today, its lowest level since January 2015. The latest trigger for the dollar weakness is the comment from European Central Bank chief Mario Draghi, who suggested the central bank may begin tapering its ma...

EU leaders hope Theresa May is re-elected on Thursday, ideally with a bigger majority, even though the British prime minister has said this would help her drive a harder bargain on Brexit.

Infosys on Monday denied a news report that it has asked 500 employees to leave over performance issues after India's second biggest outsourcer suffered the jolt of a big contract cancellation from British banking major RBS.

HSBC's Indian banking unit is at the heart of fresh revelations around tax evasion, days after a global expose showed tax dodging through accounts in the British major's Swiss banking unit, a media report said on Sunday.

Indian-origin Shriti Vadera has been appointed as chairman of Santander UK, becoming the first woman to head a major British bank.

British banking giant HSBC said on Tuesday that it is seeking to sell off its majority stake in Iraq's Dar es Salaam Investment Bank.

British banking major HSBC is willing to take whichever route the Reserve Bank prescribes for it to operate in the country, including going the subsidiary way, a top official has said. "We will move whichever way the RBI requires us to do," HSBC India country head, Naina Lal Kidwai, told PTI on the sidelines of an event here, when asked if the bank...

British banking major RBS will be laying-off some of its 1,000 employees as it winds down retail and commercial business in the country.

In their manipulation of global reference interest rate LIBOR, traders and brokers of Swiss banking major UBS referred to each other as 'Superman', 'Hero' and 'Captain Chaos', a joint probe by the British and Swiss regulators found today.

British banking major RBS today said it is exploring other options for winding down its retail and commercial banking businesses in India, after a proposed sale of these assets to HBSC has fallen through.

When Hewlett Packard acquired Autonomy last year for $11.1 billion, some 15 different financial, legal and accounting firms were involved in the transaction -- and none raised a flag about what HP said Tuesday was a major accounting fraud. HP stunned Wall Street with the allegations about its British software unit and took an $8.8 billion writedown...

British Treasury chief George Osborne says he will be advertising a major job for the first time ever: governor of the Bank of England.

The British government says it will legislate sweeping changes in banking regulation that are aimed at protecting the economy from excessive risk but could prove costly for the country's major banks.

Major stock markets mostly rose Wednesday on soothing worries over the banking sector, according to analysts.

Big tech companies whose online platforms carry advertisements for scams should be made to reimburse victims, British lawmakers said, as part of wider efforts to combat a growing epidemic of online fraud in Britain.

The dollar index, which tracks the greenback against a basket of six major currencies like euro, Japanese yen, and British pound, fell to 91.082 today, its lowest level since January 2015. The latest trigger for the dollar weakness is the comment from European Central Bank chief Mario Draghi, who suggested the central bank may begin tapering its ma...

EU leaders hope Theresa May is re-elected on Thursday, ideally with a bigger majority, even though the British prime minister has said this would help her drive a harder bargain on Brexit.

Infosys on Monday denied a news report that it has asked 500 employees to leave over performance issues after India's second biggest outsourcer suffered the jolt of a big contract cancellation from British banking major RBS.

HSBC's Indian banking unit is at the heart of fresh revelations around tax evasion, days after a global expose showed tax dodging through accounts in the British major's Swiss banking unit, a media report said on Sunday.

Indian-origin Shriti Vadera has been appointed as chairman of Santander UK, becoming the first woman to head a major British bank.

British banking giant HSBC said on Tuesday that it is seeking to sell off its majority stake in Iraq's Dar es Salaam Investment Bank.

British banking major HSBC is willing to take whichever route the Reserve Bank prescribes for it to operate in the country, including going the subsidiary way, a top official has said. "We will move whichever way the RBI requires us to do," HSBC India country head, Naina Lal Kidwai, told PTI on the sidelines of an event here, when asked if the bank...

British banking major RBS will be laying-off some of its 1,000 employees as it winds down retail and commercial business in the country.

In their manipulation of global reference interest rate LIBOR, traders and brokers of Swiss banking major UBS referred to each other as 'Superman', 'Hero' and 'Captain Chaos', a joint probe by the British and Swiss regulators found today.

British banking major RBS today said it is exploring other options for winding down its retail and commercial banking businesses in India, after a proposed sale of these assets to HBSC has fallen through.

When Hewlett Packard acquired Autonomy last year for $11.1 billion, some 15 different financial, legal and accounting firms were involved in the transaction -- and none raised a flag about what HP said Tuesday was a major accounting fraud. HP stunned Wall Street with the allegations about its British software unit and took an $8.8 billion writedown...

British Treasury chief George Osborne says he will be advertising a major job for the first time ever: governor of the Bank of England.

The British government says it will legislate sweeping changes in banking regulation that are aimed at protecting the economy from excessive risk but could prove costly for the country's major banks.