Britain's banks will be forced to maintain significant financial safety nets under rules announced on Friday that industry leaders say could raise the cost of mortgages and penalise building societies.
Oct 30 (Reuters) - Citigroup Inc said it was setting aside an extra $600 million to cover legal expenses in the third quarter due to "rapidly evolving regulatory inquiries," while also disclosing that it was subject to foreign exchange market probes.
The state-backed bank is close to severing a 14-year audit tie with Fred Goodwin's former employer, Sky News learns. 20:47, UK, Thursday 30 October 2014.
LONDON (Reuters) - Britain's top equity index staged a late rally on Thursday to recover from losses earlier in the day, with wealth management group St James's Place (SJP.
Starbucks' shares fell almost 6% in after-hours trading on Wall Street as investors expressed disappointment at the company's latest sales figures.