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...The banks declined to comment. IDS is working with Goldman Sachs, Bank of America and Barclays. The postal business remains regulated....
...Lloyds Banking Group said it had closed the accounts of about 0.6 per cent of its SME customer base in 2023, mainly because of financial crime concerns....
...LV, one of the country’s oldest mutually owned life insurers, was on the verge of demutualising and selling itself to US private equity group Bain Capital....
...The seller of the property pitched Burke to her as a problem-solver. “I know how to help you and make this work. Not just this property. But globally. Bank accounts. Funds. Trusts. Art....
...a part of the group’s success in the past . . ....
...The bank added that it was “not in breach of US sanctions based on our investigation....
...EP’s working with JPMorgan Chase, Citigroup and BNP Paribas, while Royal Mail’s owner is working with Goldman Sachs, Bank of America and Barclays....
...In 2008, just months before its partner was nationalised, Tesco bought out Royal Bank of Scotland — now NatWest — for £950mn....
...Martin Seidenberg, chief executive of Royal Mail’s parent group International Distributions Services, said the drop from 20bn to 7bn over the past 20 years in the number of annual letters sent meant the...
...The British government has owned the majority of NatWest, which used to be called Royal Bank of Scotland, since it was rescued at the height of the financial crisis with a £46bn bailout....
...The state, which exited the country’s largest lender, Bank of Ireland, in 2022, holds less than 40 per cent of AIB....
...Former Royal Bank of Scotland head Ross McEwan will stand down in April as chief executive of National Australia Bank, the country’s third-largest lender....
...Analysts at Royal Bank of Canada estimated that Close Brothers would be hit with a £250mn redress bill....
...Alexander Paterson, transport analyst at investment bank Peel Hunt, said the new sorting hub investment was “not a magic wand” for Royal Mail, which was privatised in stages between 2013 and 2015 and belongs...
...Founded in 1982 and with headquarters in Scotland, Wood is a consulting and engineering group in the energy and material sectors....
...In its search for growth, Central Asia Metals has invested in an explorer of a largely untouched mining region: Scotland....
...Analysts at Royal Bank of Canada estimate that Close Brothers will be hit with a £200mn redress bill....
...Bank of China, China’s largest bank, as part of the rationale....
...at the Royal United Services Institute....
...A regime that has allowed Thames Water to run with gearing of 80-90 per cent is reminiscent of a banking system that allowed Royal Bank of Scotland to operate with a tiny core capital ratio....
...The Bank of England has also warned groups to more tightly manage the reinsurance deals they are doing to increase their capacity for bulk annuity transactions....
...Fund management group Standard Life Aberdeen was mocked for shortening its name to Abrdn in 2021 while Royal Mail eventually reversed a decision to rebrand as Consignia....
...At a press conference on results day, Winters acknowledged the group’s poor share price performance and committed to further efforts to revitalise the bank’s fortunes....
...The practice of holding a stockpile of land has been a point of criticism against housebuilders, but the finding that land banks are chiefly a “symptom” of the slow planning system will probably be welcomed...
...Shares in Reach PLC, the parent company for what was Mirror Group Newspapers, jumped 7 per cent on Friday following the decision, which is expected to reduce the number of other claims against the group....
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