LONDON (Reuters) - HSBC launched a 12.5 billion pound rights issue on Monday to shore up its balance sheet after annual profit fell and as bad debts soared in the United States.
LONDON (Reuters) - Beyond store closures, shortened factory hours and longer lines of job-seekers is a reality that doesn't make front pages: a significant number of people are doing well out of efforts to stimulate the economy.
LONDON (Reuters) - Banks lost an appeal on Thursday against a decision to allow the consumer watchdog to scrutinise current or checking account charges, in a ruling that could lead to customers reclaiming millions of pounds of fees.
LONDON (Reuters) - House prices fell by a bigger-than-expected 1.8 percent in February for a record annual decline of 17.6 percent, figures from mortgage lender Nationwide showed on Thursday.
LONDON (Reuters) - Royal Bank of Scotland on Thursday reported a loss of 24.1 billion pounds for 2008, the biggest in British corporate history, and said it planned to place 325 billion pounds in assets in a state insurance scheme.
