BankingBank of England’s interest rate decision on a knife-edge, economists sayJuly 26, 202493The Bank of England’s next decision on interest rates sits on a “knife-edge”, experts have said, as borrowers wait to...
BankingUK Stocks: NatWest (NWG) Surges on Upgraded Outlook; Metro Bank DealJuly 26, 202491Shares of the UK-based banking giant NatWest Group (GB:NWG) surged by over 6% as of writing after the bank upgraded...
BankingTether CEO warns MiCA stablecoin rules could pose ‘systemic risks’ to EU banksJuly 26, 202487Tether chief executive Paolo Ardoino is alarmed that Europe’s MiCA regulations on stablecoins, due to excessive cash reserves requirements, could...
BankingNEWS: UK announces world’s largest fincrime data sharing project, involving seven banks and police; eight illicit networks already identifiedJuly 26, 2024115By AML Intelligence Correspondents BARCLAYS, NatWest and Lloyds are among seven UK banks to share fincrime data with the National...
BankingEU gives $1.6 billion in profits from frozen Russian assets to UkraineJuly 26, 202450The European Union Friday transferred $1.6 billion in profits from frozen Russian Central Bank assets to Ukraine. EU Commission President...
BankingNatWest snaps up $3 billion Metro Bank mortgage book, upgrades outlookJuly 26, 2024107By Lawrence White and Yadarisa ShabongLONDON (Reuters) -NatWest has bought a 2.4 billion pound ($3.09 billion) mortgage book from Metro...
BankingUK banks face CMA action for breaching competition rulesJuly 26, 202455Four major UK banks, HSBC, Lloyds, TSB, and AIB, are under scrutiny by the Competition and Markets Authority (CMA) for...
BankingNatWest buys 10,000 mortgages from Metro Bank as profits fallJuly 26, 202484NatWest's (NWG.L) first-half pretax operating profit fell by 16% to £3bn, as the lender revealed it has acquired a raft...
BankingKBC Bank NV, London Branch joins UKEF financing scheme | UK Export FinanceJuly 26, 202484KBC Bank NV, London Branch becomes 10th bank to offer working capital loans accredited by the UK government. KBC Bank...
BankingUkraine gets first tranche of EU aid from frozen Russian assets – FirstpostJuly 26, 202483Ursula von der Leyen attends a press conference after her re-election for a second term as President of the European...