London / AFP A petition calling for the Bank of England (BoE) to remove a new banknote from circulation had on Tuesday received more than 70,000 signatures, with critics angry it is produced with animal product. The polymer £5 notes ($6.2, 5.9 euros) were unveiled in September, with the Bank of England extolling the new banknotes for being waterproof ...

  London / AFP The Royal Bank of Scotland is the worst prepared among Britain’s lenders for another financial crisis, the Bank of England said on Wednesday, forcing the state-rescued lender to raise more cash. The BoE, revealing its latest stress tests on Britain’s top seven banks, added that two — Barclays and Standard Chartered — also missed key hurdles ...

  Reuters Al Rayan Bank is expanding its product range and adding an office in Scotland, its top executive said, after a year of strong growth for Britain’s only Islamic retail lender despite uncertainty stemming from Brexit. Islamic retail banking is still a rarity in the West, but the experience of Al Rayan could encourage other Islamic banks to explore ...