UK banks see demand for mortgages picking up in second quarter - BoE survey

LONDON (Reuters) - British banks expect demand for mortgages to rise in the next three months, a Bank of England survey showed, in another sign the housing market is regaining speed.

British banks face new bill for past investment advice

LONDON: HSBC has set aside $149 million to review how it advised about 200,000 UK customers on investing a lump sum of money, the first British bank to do so and signalling another potential costly mishap for lenders.

Depressed banking sector raises spectre of triple-dip recession

British banks suffered a loss of business in December, adding to fears that a slowdown in activity across several sectors of the economy at the end of 2012 will push the UK into a triple-dip recession.

UK banks take over €37bn in ECB loans

British banks have taken more than €37bn (£31bn) of cheap loans from the European Central Bank following last week's dash by European banks to bolster their depleted reserves .