Equities

Reuters reveals British banks' turnaround plans frustrated by U.S. justice delays

Reuters reveals British banks' turnaround plans frustrated by U.S. justice delays

Reuters exclusively reported how legal and investigative delays at the U.S. Department of Justice are thwarting efforts by three of Britain’s biggest banks to rehabilitate themselves after the global financial crash and other problems. For Barclays, RBS and Standard Chartered, hopes that their unresolved cases in the United States can be settled this year have been clouded by delays in appointing key staff at the Department of Justice since Donald Trump became president.