Citizens Financial Group, the US bank owned by Royal Bank of Scotland, has priced its initial public offering at $21.50 a share, releasing more than $3bn (�1.8bn) that has been trapped in America to taxpayers in the UK.
Barclays Plc (BARC) was fined twice in one day for client account failures in the U.K. and the U.S., hurting the bank's effort to rehabilitate a tarnished image.
More than 100,000 homeowners across the country face an average bill of �15,000 a year thanks to Ed Miliband's mansion tax, experts said yesterday.
Alibaba Group Holding Ltd. (BABA) dropped for a second day as Chinese equities traded in the U.S. fell after a report added to concern about a slowdown in the world's second-largest economy.
George Osborne's public finances headache worsened yesterday as official figures showed that the deficit in August came in at �11.6bn, �700m more than the same month last year and higher than City expectations.