FRANKFURT | Fri May 24, 2013 6:19am EDT. FRANKFURT May 24 (Reuters) - Banks will return early 8.123 billion euros ($10.48 billion) of crisis loans to the European Central Bank next week after the ECB cut its main interest rate to a fresh record low of 0.5 ...

By William Schomberg. CARDIFF | Fri May 24, 2013 5:55am EDT. CARDIFF (Reuters) - A Bank of England policymaker said on Friday he favored small additional amounts of bond purchases over time, but not a hard-to-manage commitment to longer-term ...

By Matt Scuffham. LONDON | Fri May 24, 2013 11:40am BST. LONDON (Reuters) - The Co-operative Bank has stopped offering loans to new business customers, part of measures designed to quell growing concerns over its capital position.

By Toni Vorobyova. LONDON | Fri May 24, 2013 9:03am BST. LONDON (Reuters) - The FTSE 100 steadied on Friday after their steepest fall in a year in the previous session, with central bankers offering some reassurance that stimulus will stay for a while yet.

The British Bankers' Association (BBA) said approvals rose 0.9pc on an annual basis in April to 32,153, the highest seen since January.

Manchester United predicted its interest payments would fall by about �10m a year after refinancing its bond notes. Bank of America is providing a new facility that allows the club to redeem all its 8.75 per cent sterling bonds, worth �178m, and $22.1m of its ...

A Guernsey airline is considering using bigger planes after becoming the only operator to fly to Gatwick. The Treasury and Resources Department is the sole shareholder in Aurigny and said it is considering leasing or buying aircraft outright.

Two Tesco execs receive three million pounds in damages LONDON (SHARECAST) - Two Tesco executives have received almost three million pounds in liquidation damages after leaving the UK supermarket chain.

Google's chairperson, Eric Schmidt, says he welcomes promises by international leaders to crack down on tax loopholes exploited by the search firm.

JPMorgan's UK wealth management business has been fined nearly �3.1m for failing to keep complete and up-to-date client files, a shortcoming that put customers at risk of receiving unsuitable investment advice.