financial-sector

Image for Britain's life sciences plan gets mixed reception from pharma industryHeadlines

Britain's Life Sciences Plan Gets Mixed Reception From Pharma Industry

Image for Finnair warns of weaker North Atlantic demandFinance

Finnair Warns of Weaker North Atlantic Demand

Image for EU Court upholds EU parliament’s decision to recover funds from Jean-Marie Le PenHeadlines

EU Court Upholds EU Parliament’s Decision to Recover Funds From Jean-Marie Le Pen

Image for Swedish bank SEB's quarterly profit tops estimates as lending, deposits growFinance

Swedish Bank SEB's Quarterly Profit Tops Estimates as Lending, Deposits Grow

Image for Iceland volcano emits smoke and glowing lava in 12th eruption since 2021

Iceland Volcano Emits Smoke and Glowing Lava in 12th Eruption Since 2021

Date: July 16, 2025

COPENHAGEN (Reuters) -A volcano erupted in south-west Iceland on Wednesday, the country's meteorological office said, marking the latest in a series of outbreaks near the capital in recent years....

Image for Pound edges up ahead of US data and Bailey speech

Pound Edges up Ahead of US Data and Bailey Speech

Date: July 15, 2025

By Amanda Cooper LONDON (Reuters) -The pound steadied on Tuesday, following the previous day's slide, in line with a more upbeat tone across the broader markets, ahead of U.S. inflation data and a...

Image for Bank of England eases capital requirements for midsize banks

Bank of England Eases Capital Requirements for Midsize Banks

Date: July 15, 2025

LONDON (Reuters) -Britain's central bank confirmed a previously signposted easing of capital requirements for medium-sized lenders on Tuesday, as part of a wider set of reforms aimed at boosting the...

Image for BoE delays Basel bank trading rule to 2028

BoE Delays Basel Bank Trading Rule to 2028

Date: July 15, 2025

LONDON (Reuters) -The Bank of England said on Tuesday it would delay implementing part of new, global rules governing banks' trading by a year to 2028, while sticking with a January 2027...

Image for StanChart's China securities unit CEO departs 16 months after launch, sources say

StanChart's China Securities Unit CEO Departs 16 Months After Launch, Sources Say

Date: July 15, 2025

By Selena Li HONG KONG (Reuters) - The chief executive of Standard Chartered's China securities unit has left the firm - a departure that comes about 16 months after the launch of the business, two...

Image for Britain launches 500 million pound fund for vulnerable children

Britain Launches 500 Million Pound Fund for Vulnerable Children

Date: July 13, 2025

MANCHESTER, England (Reuters) -Britain on Sunday announced a 500 million pound ($675 million) fund intended to help up to 200,000 vulnerable children. The Better Futures Fund aims to provide support...