LONDON (Reuters) - The top bosses of Britain’s biggest banks are paid on average 120 times more than the median pay of their U.K. employees, bank documents have shown, as a new rule puts pay disparities at the country’s big businesses under sharper scrutiny. FILE PHOTO: Office blocks of Citi, Barclays, and HSBC banks are seen at dusk in the Canary Wharf financial district in London, Britain November 16, 2017. REUTERS/Toby Melville/File Photo Britain’s biggest domestic lender Lloyds Banking...

LONDON (Reuters) - HSBC is preparing to lay off dozens of staff in its global banking and markets business, a source with direct knowledge of the matter told Reuters on Tuesday. FILE PHOTO: HSBC's building in Canary Wharf is seen behind a City of London sign outside Billingsgate Market in London, Britain, August 8, 2018. REUTERS/Hannah McKay The British bank, which is conducting a cost-cutting drive aimed at protecting its dividend, declined to comment on the redundancies, which will mainly...

LONDON (Reuters) - HSBC is preparing to lay off dozens of staff in its global banking and markets business, a source with direct knowledge of the matter told Reuters on Tuesday. FILE PHOTO: HSBC's building in Canary Wharf is seen behind a City of London sign outside Billingsgate Market in London, Britain, August 8, 2018. REUTERS/Hannah McKay/File Photo The British bank, which is conducting a cost-cutting drive aimed at protecting its dividend, declined to comment on the redundancies, which...

* Bank gets licence to protect against loss of EU market access * Financial firms ploughing on with worst-case contingencies * Rival RBS also closing in on EU license in Germany (Adds details, RBS licence update) By Sinead Cruise and Lawrence White LONDON, Jan 17 (Reuters) - Lloyds Banking Group has secured a banking licence for its new Berlin-based subsidiary, a source familiar with the matter told Reuters, as part of long-standing plans to Brexit-proof its business with European Union...

LONDON (Reuters) - Lloyds Banking Group (LLOY.L) has secured a banking licence for its new Berlin-based subsidiary, a source familiar with the matter told Reuters, as part of long-standing plans to Brexit-proof its business with European Union clients. FILE PHOTO: People walk past a branch of Lloyds Bank on Oxford Street in London, Britain July 28, 2016. REUTERS/Peter Nicholls/File Photo Until now the lender’s Berlin office has run on a standard passporting licence that Lloyds - and other...