The Government may have boosted confidence by guaranteeing deposits in Icesave last week, but our compensation scheme would be strained if a big British institution fell. A collapse is unlikely, finds Julian Knight, but savers should still spread their cash around
* UK banks ask govt to help in Saad, Algosaibi issue -letter * Overseas banks feel Saudi creditors were preferred -BBA * Dispute doing "enormous damage" to Saudi reputation -BBA LONDON, Nov 25 - British...
* JC Flowers on look-out for UK banking assets * Sees forced divestments over next 12 months * May team up with foreign banks or sovereign wealth fund SYDNEY, Nov 25 - U.S. private equity...
* NAB to cut H1 dividend by about 25 percent * Will retain its UK banks, no major shocks * Shares jump almost 5 pct (Adds analyst quotes, background) SYDNEY, March 12 - Top lender...
* NAB to cut H1 dividend by about 25 percent * Will retain its UK banks * Open to acquisitions in Australia and internationally (Adds quotes, background) SYDNEY, March 12 - National Australia Bank <NAB.AX>,...
* Lloyds to raise 21 bln sterling, sets 13.5 bln rights issue * RBS agrees annual payments for APS participation * Banks agree to sell 10 percent of UK retail banking mkt * Banks agree...
* China's factory output surges, euro zone nears recovery * First rise for UK manufacturing activity since March 2008 * Major British banks see profits affected by bad debt * German retail sales down, Metro...
* China's factory output surges, euro zone nears recovery * First rise for UK manufacturing activity since March 2008 * Major British banks see profits affected by bad debt * German retail sales down, Metro...
LONDON, Oct 14 - The UK government's bank bailout scheme seems to have triggered a palpable change in financial market sentiment but it leaves the UK taxpayer massively exposed to potentially risky assets. Under the...
LONDON, Oct 21 - Britain is unlikely to carry out a proposal by its central bank governor to split up its commercial banks, but tougher capital rules and "living wills" may produce similar results. In...