British government

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  Under Pressure, RBS CEO Waives Bonus

  By Marlene Y. Satter, AdvisorOne  |  January 30, 2012

  The CEO of Royal Bank of Scotland Group has decided to waive his bonus of 963,000 pounds ($1.5 million), but it wasn’t an entirely altruistic gesture. He reached that decision after the Labour Party said it would ask Parliament to vote on the matter.

• Moody's Downgrades British Banks

  By Marlene Y. Satter, AdvisorOne  |  October 7, 2011

  Moody's on Friday downgraded a dozen U.K. banks, including Lloyds TSB Bank, a unit of Lloyds Banking Group, and Royal Bank of Scotland, saying that there was increasing likelihood that smaller banks would be allowed to fail if troubles worsened.

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  George Soros to Retire, Blames Dodd-Frank

  By John Sullivan, AdvisorOne  |  July 26, 2011

  Legendary hedge fund manager George Soros, perhaps best known forcing the British government to devalue the pound during the infamous “Black Wednesday” market crisis, is retiring from investing.

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  Bank of England Holds Firm on Interest Rates

  By Marlene Y. Satter, AdvisorOne  |  February 10, 2011

  The Bank of England on Thursday held the line on interest rates, keeping them at 0.5% despite money market expectations of a quarter-point rise.

• Former BP Chief to Lead U.K. Efficiency Drive

  By John Sullivan, AdvisorOne  |  June 30, 2010

  Extremely helpful or extremely scary, depending on one's point of view. Lord Browne of Madingley has accepted a leading role with the British Government as part of a major bureaucratic efficiency drive.

• Barclays to Sell iShares

  By Staff Writer  |  April 22, 2009

  In a deal valued at $4.4 billion, Barclays PLC has agreed to sell the iShares ETF unit to CVC Capital Partners.

• London Calling

  By Alexei Bayer  |  April 1, 2007

  Pitting an enervated Brit against a brash, self-confident Yank is a frequent theme in post-World War II, post-Empire British literature, appearing in spy thrillers by...