Tag: Britain

UK regulator starts enforcement action against Co-op Bank

Britain’s financial regulator has launched an investigation into problems at the Co-operative Bank (CPBB_p.L), including the role played by former senior managers, it said on Monday. “The Prudential Regulation Authority (PRA) confirms it is undertaking an enforcement investigation in relation to the Co-operative Bank and as part of that investigation […]

GSK sells thrombosis drugs to Aspen for $1 billion

Britain’s biggest drugmaker GlaxoSmithKline (GSK.L) agreed the 700 million pounds ($1.13 billion) sale of its thrombosis drug brands and a related factory to Aspen Pharmacare (APNJ.J), as part of its strategy to focus on growth products. The company said on Monday the divestment to South Africa’s biggest generic drug maker […]

Britain’s Prince William to leave military

Britain’s Prince William, who became a father for the first time in July, is to step down from the military and will focus on his charity and royal duties for the immediate future, his office said on Thursday. William, 31, second in line to the throne, has been working as […]