Troubled UK bank fined £2 million for misleading financial watchdog
The Bank of England’s banking watchdog has fined the Bank of London and its parent firm £2 million…
UK Debuts Rules to Protect Lenders Against Bank Runs
The Bank of England has unveiled proposed guidelines to protect banks from collapse. The central bank’s Prudential Regulation Authority (PRA) released…
Barclays exec to lead UK prudential watchdog
The change comes at a time when ministers are pressing regulators to support growth and competitiveness while maintaining…
Bank of England to launch life insurance stress test
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Bank of London Reports Loss as Regulatory Oversight Continues
Bank of London is still under investigation by U.K. regulators amid ongoing losses. The clearing bank recorded a net…
Bank watchdog boss says ‘plenty to worry about’ including AI bubble risk – The Irish News
The head of the UK’s banking watchdog has warned that the finance sector has “plenty to worry about”…
BoE Denies Conflict With Govt Over Revolut Banking License
Bank of England Gov. Andrew Bailey reportedly denied a media report that the central bank and the U.K. government had…
Reeves hails ‘instant impact’ for aspiring homeowners as red tape is cut
First-time buyers are set to see an “instant impact” from the drive to kickstart economic growth, Chancellor Rachel…
Bank of London Investigated by UK Prudential Regulation Authority
FinTech company Bank of London is reportedly being investigated by the Bank of England’s Prudential Regulation Authority (PRA) for unspecified “historic” events and for inaccurate…
UK Authorities to Improve Cooperation on Payments Vision
Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise…