Tag Archives: banks

EU watchdog tells UK banks to prepare for full Brexit

LONDON (Reuters) – Banks using Britain as a gateway to the European Union must fully implement their plans to serve EU customers before the end of the Brexit transition period in December, it said on Wednesday. EU banking watchdog. FILE PHOTO: British Union Jack and EU flags are displayed at …

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Chinese banks urged to abandon SWIFT as US sanctions loom

BEIJING (Reuters) – China should prepare for possible U.S. sanctions by increasing the use of its own financial messaging network for cross-border transactions on the mainland, Hong Kong and Macao, according to a report by the Bank’s investment banking unit. China. FILE PHOTO: A general view of the Central Business …

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Barclays Q2 2020 Earnings

A sign hangs above an entrance to a branch of Barclays Plc Bank in the City of London, UK Bloomberg | Bloomberg | fake pictures Barclays posted a net income of £ 695 million ($ 765.64 million) for the first half of 2020, while increasing its coronavirus-related provisions. The British …

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