British Banks

Remember the time-tested saying "prepare for the worst but plan for the best?" This is the exact message Bank of England's Gov. Mark Carney is telling British banks. According to a Bloomberg report, Carney is urging banks to implement worst-case scenario plans in the event that Brexit negotiations...

Some analysts and experts were expecting British and European stocks to plunge as much as 25 percent if the British people voted to leave the European Union. In reality, the complete opposite happened which raises the question: Is buying British stocks a good idea now that the Brexit process is...

The weekend break wasn't of any help for financial stocks, particularly Europe's largest banks. The British pound fell to a fresh multi-decade low of $1.3210 early Monday morning and dragged the banking sector with it. By mid-morning in London's trading session, shares of Barclays...