Bloomberg Coutts & Co., the private UK bank that counts Queen Elizabeth II among its clients, has warned customers within the European Economic Area (EEA) that it can no longer offer them mortgages due to Brexit. The lender, owned by Natwest Group Plc, will lose so-called passporting rights that allow it to operate freely within the EEA if the current ...

Bloomberg The biggest Nordic banks are taking a long hard look at their compliance units after a recent hiring spree. Mikael Bjertrup, the head of financial crime prevention at Nordea Bank Abp, says banks initially ramped up compliance so fast they weren’t able to focus on efficiency in those departments. Nordea has been working on the issue for a while, ...

Bloomberg European stocks climbed on the back of strong earnings reports. Gold stabilised below $2,000 an ounce and US futures fluctuated. Games Workshop Group Plc led gains in the Stoxx Europe 600 Index after posting an increase in full-year profit. Peugeot maker PSA Group climbed 3.8% after sticking to its outlook. Silver retreated alongside base metals. The dollar traded near ...