Lloyds Banking Group (LLOY.L) will raise interest rates on a number of its fixed and variable rate savings accounts at the end of August, a spokeswoman said.
Sherborne Investors said it is in talks with British bank Barclays over finding a chairman to replace John McFarlane.
Barclays (BARC.L) second quarter pretax profits have almost trebled compared with a year ago, the lender said, beating analysts’ expectations as it avoided the heavy restructuring and legal costs that blighted past results.
Credit Suisse (CSGN.S) is looking to shift about 50 jobs from London to Madrid as part of its efforts to continue doing business in the European Union after Britain leaves the bloc in 2019, a source close to the bank said.
Britain’s banking industry will emerge largely unscathed from Brexit and retain its position as one of the world’s top two financial centres for the foreseeable future, John McFarlane, Chairman of Barclays (BARC.L), told Reuters.
Britain’s Serious Fraud Office said on Tuesday it was seeking to reinstate criminal charges it brought against Barclays (BARC.L) over its 2008 capital raising, after an English court dismissed the charges in May.
Britain’s Serious Fraud Office said it was seeking to reinstate criminal charges it brought against Barclays (BARC.L) over its 2008 capital raising, after an English court dismissed the charges in May.
Britain’s top share index rose as gains in banks and mining companies offset weakness in energy stocks.
The UK Serious Fraud Office (SFO) is seeking a retrial of three former Barclays (BARC.L) traders accused of plotting to rig global interest rates after a jury was unable to reach a verdict last week.
Barclays (BARC.L) appointed Darren Campili as vice chairman of healthcare banking, effective from towards the end of the summer.
Aircel moves SC to make Airtel clear dues
Alleges that the co withholding Rs453 Cr of bank guarantees paid on its behalf
Bank guarantees have lapsed and Aircel wants Airtel to pay the money
Alleged that Airtel is trying to usurp the sum
Aircel says without the money it may get liquidated
Bain joins KKR in race for Max Healthcare stake
PE firms look to buy 47% stake from Life Healthcare for $450-540 Mn
To decide on buy back of shares on Aug. 20
JET AIRWAYS CLARIFIES
Co planning $400 Mn stake sale is speculative in nature
Jet Auditor BSR may quit if issues are not resolved is factually incorrect
Have been pro-actively working on multiple revenue enhancements
Evaluating various funding options to meet liquidity requirements on priority
Relationship with Etihad Airways very strong
No delays in discharging any loan obligations to any of the lenders
Default status in tabular statement only due to technical errors, rectified now
Clarifies that reports of stake sale are purely speculative
Also Clarifies that rumors of auditor quitting if issues not solved are factually incorrect
Seeks lenders help in bid to avoid default
Airline wants waiver of loan covenant on existing debt facility of $185mn
Co has to repay or refinance at least $500mn of existing debt to avoid default
Told lenders it won’t be able to meet min $50mn profit condition for FY19
Consortium of lenders yet to decide on Jet’s request
Airline’s total debt was Rs 9430 Cr as on 31st March 18
NSE TO JET AIRWAYS
Have noticed a difference in your responses dated August 9 & 10
Clarify whether mgmt extension from audit committee as per Aug 10 response
Or did Audit Committee not recommend results to board as per Aug 9 response?
In Aug 10 response, details of "Certain Matters Not Closed" not provided
Provide exact reasons for which audit committee has not approved results
Again ask you to give us date when board meet to consider results will be held