Tag Archives: UK banks


ECB tells UK banks to speed up staff moves to EU as Brexit looms

08 August, 2019 3:26 am 3:26 am

FRANKFURT (Reuters) – UK banks are significantly behind schedule in moving staff to the European Union ahead of Brexit and risk being caught off guard if Britain leaves without a deal, the European Central Bank (ECB) said on Wednesday. Many London-based banks are having to expand their EU operations to continue doing business in the … Read More


UK police freeze over 100 million pounds in bank accounts on bribery fears

08 August, 2019 1:24 am 1:24 am

LONDON (Reuters) – The UK police have frozen eight bank accounts containing a total of more than 100 million pounds, which is suspected to have derived from bribery and corruption overseas. The National Crime Agency (NCA) said on Wednesday a London court had approved the Account Freezing Orders (AFOs), the largest granted to date, and … Read More