Bank of England

London Stock Exchange’s Rathi to head UK financial watchdog

London Stock Exchange’s Rathi to head UK financial watchdog

Published 22/06/2020

LONDON (Reuters) - Nikhil Rathi, head of the London Stock Exchange’s UK division, has been appointed chief executive of the Financial Conduct Authority (FCA), Britain’s [more…]

Amid rising talk of negative rates, policies in Japan, Europe get subtle tweaks

Amid rising talk of negative rates, policies in Japan, Europe get subtle tweaks

Published 19/05/2020

TOKYO/FRANKFURT/WASHINGTON (Reuters) - After years of applying plenty of stick to commercial lenders unhappy with negative interest rate policies, central bankers in the euro zone [more…]

European insurer shares fall as row breaks out over dividends

European insurer shares fall as row breaks out over dividends

Published 03/04/2020

MUNICH/LONDON (Reuters) - Shares in Europe’s insurers fell sharply on Friday after the EU regulator said they should temporarily halt payouts to shareholders during the [more…]

Bank of England cancels stress test of banks over coronavirus

Bank of England cancels stress test of banks over coronavirus

Published 20/03/2020

LONDON (Reuters) - The Bank of England canceled this year’s stress test of major banks on Friday and said it may be hard to implement [more…]

Bank of England says working with partners to offset coronavirus impact

Bank of England says working with partners to offset coronavirus impact

Published 02/03/2020

LONDON (Reuters) - The Bank of England said it was working with Britain’s finance ministry and international partners to protect the banking system and Britain’s [more…]

Don’t be misled by Brexit jobs trickle – London finance chief

Don’t be misled by Brexit jobs trickle – London finance chief

Published 15/10/2019

LONDON (Reuters) - Britain’s vast financial services industry will lose more jobs to Europe over the coming years because of Brexit, the City of London’s [more…]

Global regulators to question Facebook’s Libra amid EU concerns: paper

Global regulators to question Facebook’s Libra amid EU concerns: paper

Published 15/09/2019

(Reuters) - Global regulators will question Facebook on Monday about its Libra cryptocurrency, amid concerns from European Union governments over the threat the digital currency [more…]

Iran has opportunity to come back into nuclear deal: UK’s Johnson

Iran has opportunity to come back into nuclear deal: UK’s Johnson

Published 27/08/2019

BIARRITZ, France (Reuters) - Iran has an opportunity to come back into compliance with the nuclear deal and resume dialogue about its nuclear activities, British [more…]

UK households more cautious about major purchases: IHS Markit

UK households more cautious about major purchases: IHS Markit

Published 19/08/2019

LONDON (Reuters) - British working-age households are growing more cautious about making major purchases amid concerns about Brexit and a possible recession, a monthly consumer [more…]

UK consumer lending growth sinks to five-year low in June, housing…

UK consumer lending growth sinks to five-year low in June, housing…

Published 29/07/2019

LONDON, (Reuters) - Britain’s housing market picked up modestly in June with a stronger-than-expected rise in mortgage approvals, but consumer lending growth slowed to a [more…]