Browsing: Banking News

Citigroup is to set up an innovation centre in London, representing the first major investment by a big US bank since the Brexit vote, according to…

Barclays Bank PLC has been charged by the Serious Fraud Office (SFO) over ‘unlawful financial assistance’ said to have been given to Qatar in 2008, according…

The chief executive of JP Morgan has said the bank may cut its UK workforce by more than 25% if different financial rules are adopted following…

The European Central Bank (ECB) has increased the capital holding requirements for Deutsche Bank in 2018 to a little above the average for European lenders, according…

It’s been a busy week for bitcoin – even by bitcoin’s standards. On Wednesday, it reached its highest level at $11,434, before nosediving a huge 21%…

Goldman Sachs is planning to have two hubs on the European continent following Brexit, according to Reuters. The banking giant will establish bases in Frankfurt and…

HSBC is to pay €300m (£266m) to French authorities in order to settle a long-running investigation into tax evasion by French customers of the bank, according…

Speculation that London could lose out on its status as a global financial hub post-Brexit has taken a tangible turn as several major banks have agreed…

Legal & General has invested £40m into a fintech startup that partners with employers to offer loans to workers, according to Business Insider UK. SalaryFinance was…

There has been little change in borrowing patterns among UK consumers and businesses since the EU referendum, according to figures released on Wednesday by the British…