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International Banks

RBS to cut another 1,400 retail bank jobs in UK

RBS, which is 81 percent owned by the British taxpayer, said Thursday the cuts are part of an ongoing effort to restructure operations.

Bank of England sees 'modest, sustained' recovery

Journalists tried to press King to wax nostalgic on his many years at the Bank of England, but he dodged sentimentality.

RBS names Van Saun CEO of US business Citizens

The Royal Bank of Scotland says it has named Bruce Van Saun chief executive of Citizens Bank, its U.S. business, ahead of its expected partial stock market flotation.

RBS says gov't stake could be sold within year

RBS says gov't stake could be sold within year

Greece's Alpha Bank shares soar on recap deal

The rights issue is fully underwritten by a syndicate of international banks including J.P. Morgan, Citigroup, HSBC and Credit Agricole.

ECB weighs rate cut as eurozone economy struggles

The ECB has stayed away from a key tool to help stimulate an economy that is already used by the Fed, Bank of Japan, and Bank of England.

RBS Citizens, affiliate agree to $13.9M settlement

RBS Citizens and its affiliate Citizens Bank of Pennsylvania have agreed to pay a combined $13.9 million to settle U.S. regulators' claims they deceived customers about overdrafts and other services.

Dollar slips amid talk of easing Europe austerity

Traders were responding to remarks from Bank of England Governor Mervyn King that signaled the central bank does not want to see further declines in the currency.

Bank of England opts against another stimulus

The Bank of England has opted against injecting more money into the ailing British economy, which has one foot in recession.

Markets remain buoyed by Dow's new record

Investors in Europe will be keen to see later in the day if the European Central Bank and the Bank of England follow the Bank of Japan's lead and keep monetary policy unchanged.

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LONDON: RBS to cut another 1,400 retail bank jobs in UK

The bank says the latest round of cuts affects support staff.

LONDON: Bank of England sees 'modest, sustained' recovery

Since 2009, the bank has pumped 375 billion pounds ($579 billion) into the British economy.

Moody's downgrades U.K.'s Co-operative bank

The ratings agency said late Thursday that the Co-operative Bank's problems stemmed from the...

Blogs

Photomontage of the day: The world of wearable computers

That's according to a Credit Suisse report snagged Friday by Barron's Tiernan Ray.

Buybacks are a big factor behind stock market boom

Buybacks are a big factor behind stock market boom

The Savings Heist « naked capitalism

In a joint document of the Federal Deposit Insurance Corporation (FDIC) and the Bank of England...

Web

Obama to Announce Fee on 20 Banks to Recoup TARP (Update1)

Populist anger about bank bailouts spreads across party lines.

Plane catches fire landing in Moscow

MOSCOW Part of an airliner carrying more than 130 people caught fire as it was landing in Moscow...

Switzerland close to deal in U.S. tax dispute: finance minister

EU finance ministers gave their official approval this week to start formal negotiations with...