MOVES-JP Morgan Private Bank, RBS, Barclays, DIFC

Standard Chartered India today said it has agreed to acquire the private wealth management business of Morgan Stanley India for an undisclosed amount, subject to regulatory approvals. "Standard Chartered India has agreed to acquire Morgan ...

The 24% rise in Lloyds Banking Group shares this year following the 85% rise in 2012 shows the bank's return to the private sector and the resumption of dividends is getting closer, shareholders have been told. As the bank's shares hit a two-year ...

NEW YORK: Prime Minister David Cameron is "open to all ideas" for returning to private ownership but its finances must improve first, he told reporters on the last day of a three-day visit to the United States. Policy Exchange, the influential ...

Here is a summary of results from private banks and other wealth management firms in North America, Asia, Europe and other locations. Note that not all the institutions are exactly comparable and may report their wealth management business in ...

Royal Bank of Scotland will today outline plans to invest 175 million in the institution's retail banking business north of the Border, with a further 450m to be spent on hardware for its Edinburgh information technology centre. Chairman Sir Philip ...

Royal Bank of Scotland and Lloyds face a showdown with investors next week, where they will be pressed over bonuses, restoring dividends and plans to sell taxpayers? stake back to the private sector. The state-backed lenders are thought to be highly ...

Taxpayer-backed Royal Bank of Scotland and Lloyds Banking Group are facing up to investors as the AGM season gets into full swing, while figures are due from easyJet and Currys and PC World parent Dixons Retail. Royal Bank of Scotland and Lloyds ...

Lloyds Banking Group Plc (LLOY) Chairman Win Bischoff's decision to step down in the next 12 months is a sign the British lender is closer to returning to private ownership than Royal Bank of Scotland Group Plc. Bischoff said yesterday he was ...

:38 Posted by 7 LONDON: Lloyds Banking Group L has sold a portfolio of soured property loans to US private equity firm Cerberus Global Investments for 325 million pounds ($504 million), as the state-backed bank continues to purge its balance sheet ...