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Aberdeen CEO wants UK banks to become "boring"
13 Feb 2014

Aberdeen CEO wants UK banks to become "boring"

By Chris Vellacott LONDON, Feb 13 (Reuters) - Britain's banks should scale back investment banking, focus on domestic markets, hold more in deposits t...

FTSE 100 movers: Rolls-Royce nosedives on 2014 outlook
13 Feb 2014

FTSE 100 movers: Rolls-Royce nosedives on 2014 outlook

Rolls-Royce's shares tumbled after the group said it expects flat 2014 revenue and profit due to cuts in government defence spending. The world's seco...

Broker tips: Tate & Lyle, Aberdeen, AMEC
13 Feb 2014

Broker tips: Tate & Lyle, Aberdeen, AMEC

Shore Capital has reiterated its 'hold' stance and sugar and sweeteners group Tate & Lyle following a 'constrained' third-quarter trading update in wh...

Aberdeen CEO says no plans to move HQ
13 Feb 2014

Aberdeen CEO says no plans to move HQ

LONDON, Feb 13 (Reuters) - The head of a major Scottish fund manager, Aberdeen Asset Management said the firm has no plans to relocate its base in the...

UK markets snap six-day winning streak after blue-chip profit warnings
13 Feb 2014

UK markets snap six-day winning streak after blue-chip profit warnings

- Stocks snap six-day winning streak - Tate & Lyle, Rolls-Royce issue profit warnings - Lloyds underwhelms with higher profits in 2013 - Miners fall, ...

Jefferies unconvinced by Scottish Widows deal at Aberdeen
13 Feb 2014

Jefferies unconvinced by Scottish Widows deal at Aberdeen

Jefferies has cut its rating for fund manager Aberdeen from 'hold' to 'underperform', saying that the recent acquisition of Scottish Widows Investment...

RPT-Fitch: EU Asset Managers to Rationalise but M&A Spree Unlikely
13 Feb 2014

RPT-Fitch: EU Asset Managers to Rationalise but M&A Spree Unlikely

Feb 13 (Reuters) - (The following statement was released by the rating agency) European asset managers are set to rationalise further, but a widespre...

UK BROKER RATINGS: Panmure Raises Shire Price Target 15%
13 Feb 2014

UK BROKER RATINGS: Panmure Raises Shire Price Target 15%

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning and Wednesday afternoon:----------FTSE 100---------...