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Reuters Finance & Stock Market News






UPDATE 3-Seven years after bailout, Britain starts RBS sell-off with $3 bln stake sale

* Britain starts sale of RBS stake at a loss* Government to cut its holding to 73 pct vs 78 pct* UK faces loss on 45 bln stg RBS bailout after profit on
[2 Minutes Ago]

UPDATE 1-Rolls-Royce shares rise as activist stake fuels turnaround talk

(Adds comment from Rolls-Royce spokesman)By Sarah YoungLONDON, Aug 3 (Reuters) - Shares in British engineering
[3 Minutes Ago]

UPDATE 4-Bradesco to acquire HSBC Brazil unit, biggest-ever buy

* HSBC sells Brazil unit at higher-than-expected price* Deal helps Bradesco boost presence in high-end segment* Bradesco preferred shares fall 4 percent* HSBC struggled with competition, high costs in Brazil
[21 Minutes Ago]

UPDATE 2-Seven years after bailout, Britain starts RBS sell-off with $3 bln stake sale

* Britain starts sale of RBS stake at a loss* Government to cut its holding to 73 pct vs 78 pct* UK faces loss on 45 bln stg RBS bailout after profit on
[38 Minutes Ago]

UPDATE 2-N.Y. to deny Promontory Financial access to confidential bank data

(Recasts with details of alleged wrongdoing.)By Karen FreifeldAug 3 (Reuters) - New York state's financial watchdog
[53 Minutes Ago]

RPT-UPDATE 3-Ex-trader Hayes jailed for 14 years by London court for Libor rigging

(Repeats to add additional credits in signoff)
[1 Hour Ago]

European shares rise, shrugging off slump in Greek market

* Athens reopens, slumps about 16 percent* Major European stock markets gain* Markets buoyed by Heineken, Commerzbank results* Weak China data weighs on mining stocks
[1 Hour Ago]

UPDATE 3-Ex-trader Hayes jailed for 14 years by London court for Libor rigging

(Adds detail from court, quote from judge, breakdown of
[1 Hour Ago]

Britain's FTSE underperforms Europe, mining shares a drag

* FTSE 100 closes down 0.1 pct, underperforms Europe* FTSE 350 mining index down 3 pct* Intertek shares up after results* Rolls-Royce extends gains on investor stake* Financial tech company Fidessa slumps
[1 Hour Ago]

UPDATE 1-Sterling steady before Bank of England "Super Thursday"

* Raft of Bank of England publications due on Thursday* Market wonders if pound's strength will delay rate rise* Wage growth points to strengthening economy
[1 Hour Ago]





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