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By Iain Withers and Sinchita Mitra LONDON (Reuters) - The Bank of England is satisfied lenders have taken steps to ensure they are no longer "too big to fail" in any future crisis, it said on Friday,...
By Sinchita Mitra and Yadarisa Shabong (Reuters) -British bank Virgin Money (LON:VM) said on Tuesday credit card spending was back to pre-pandemic levels thanks to pent up demand, while rising...
By David Milliken and Huw Jones LONDON (Reuters) -The Bank of England wants to scrap a rule that mortgage borrowers must be able to afford an interest rate increase of 3 percentage points, it said on...
By Peter Nurse Investing.com -- European stock markets are expected to open marginally higher Wednesday, rebounding from the previous session’s sharp losses, as investors digest the surge in Covid-19...
By Muvija M and Iain Withers (Reuters) -British challenger bank Virgin Money (LON:VM) revised its strategy on Thursday to switch faster to digital banking services, but warned it would have to spend...
FRANKFURT (Reuters) -Virgin Money UK will close almost one in five branches in the coming months as more customers shift to online banking, the British bank said on Thursday, the latest lender to cut...
By Peter Nurse Investing.com - European stock markets retreated Tuesday, with high-growth tech stocks pressured by rising bond yields, while investors digest the inconclusive German election and...
LONDON (Reuters) -Britain's competition watchdog has warned banks Monzo, NatWest, Virgin Money (LON:VM) and Bank of Ireland over breaching rules requiring them to send banking transaction histories...
By Lawrence White, Iain Withers and Muvija M LONDON (Reuters) - As the finance industry prepares for life post-pandemic, commercial banks are moving quickly to harness working from home to cut costs,...
By Iain Withers LONDON (Reuters) - From a burned-out bank boss to call centre workers isolated at home, the financial sector is suffering a surge in mental health issues exacerbated by the COVID-19...
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