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Barclays: New RBI norms not to impact wealth management biz

Last Updated: Tuesday, July 02, 2013, 21:48

The wealth management arm of British banking major Barclays Thursday said it will not be impacted by the Reserve Bank's proposed norms to bring about changes in portfolio management services.

British government backs plan to restructure banks

Last Updated: Monday, December 19, 2011, 00:32

The British government will restructure the country's banks by separating their retail activities from riskier investment banking operations, Business Secretary Vince Cable said Sunday.

HSBC to sell 195 US bank branches for $1 billion to First Niagara Bank

Last Updated: Monday, August 01, 2011, 14:18

British banking company HSBC said Monday it will sell just under half its retail banking branches in the United States to First Niagara Bank for around USD 1 billion.