HSBC to Shift $20 Billion Worth of Assets to Blockchain-Based Platform December 3, 2019 By Tom Wilson and Lawrence White HSBC aims to shift $20 billion worth of assets to a new blockchain-based custody platform by March, in one of...
UK Financial Services Firms Share Gloomiest Outlook Since 2008 Crisis: Survey March 25, 2019 By Lawrence White Optimism about the business outlook among Britain’s financial services firms has fallen at its fastest rate since the 2008 financial...
RBS Settlement with U.S. Over 2008 Crisis Less Than Feared May 13, 2018 By Emma Rumney, Lawrence White and Sinead Cruise Royal Bank of Scotland’s shares rose as much as 6 percent last Thursday after the bank reached a $4.9 billion...
London’s Status as Global Finance Center at Risk from Brexit, Warn Leading Bankers April 13, 2018 By Andrew MacAskill and Lawrence White Leading bankers warned on Thursday that Britain is yet to feel the real impact of Brexit which will undermine its...
UK Supermarkets Analyze Customers’ Shopping Habits to Price Insurance Products December 13, 2017 By Lawrence White Ever wondered what your shopping habits say about your driving? Britain’s big supermarkets have. The two biggest, Tesco and Sainsbury’s,...
Schwarzenegger to Raise Awareness of UK’s Payment Protection Insurance Scandal August 29, 2017 By Lawrence White and Huw Jones The animatronic head of actor and former California Governor Arnold Schwarzenegger mounted on tank tracks urges consumers to “make a...
Last Shareholder Group in Settlement Talks with RBS; Litigation Insurance an Issue March 20, 2017 By Andrew MacAskill, Kirstin Ridley and Lawrence White Lawyers representing tens of thousands of Royal Bank of Scotland (RBS) shareholders have held tentative talks to settle a 1.2...
Tesco Bank Hack Still a Mystery – to Frustration of Other UK Lenders February 8, 2017 By Lawrence White and Ritvik Carvalho British banking executives and security experts are growing frustrated at the dearth of information available more than three months after...
Tesco Reveals $3M Was Stolen from 9,000 Customers in Recent Cyber Bank Theft November 9, 2016 By Lawrence White and Tom Bergin Retailer Tesco Plc’s banking arm said on Tuesday that 2.5 million pounds ($3 million) had been stolen from 9,000 customers...
Tesco Bank’s Cyber Attack Investigated by UK’s National Crime Agency November 8, 2016 By Lawrence White Britain’s National Crime Agency (NCA) is leading a criminal inquiry into the theft of money from thousands of Tesco Bank...