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By Jonathan StempelNEW YORK, June 2 (Reuters) - JPMorgan Chase & Co and Barclays Plc will pay $20.7 million to resolve investors' claims they conspired to rig the Mexican government bond market, the first of nine banks in the proposed class-actio...
Read moreBy Peter HobsonLONDON, June 1 (Reuters) - The world's 12 biggest investment banks cashed in on commodity price volatility caused by the coronavirus in the first quarter, with big increases in income from oil offsetting a tumble in precious metals,...
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(Sharecast News) - UK banks have warned that up to half the £18.5bn "bounce back" loans they make to small businesses during the Covid-19 crisis are unlikely to be repaid, according to a report.
Read moreBy Tom ArnoldLONDON, May 29 (Reuters) - High net worth individuals in the Middle East have become the most risk averse among wealthy investors in emerging markets after being hit by the oil price crash, according to an executive at Barclays privat...
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UK BROKER RATINGS SUMMARY: Exane Rates Barclays, StanChart At Neutral
Read moreLONDON, May 21 (Reuters) - Barclays has appointed Todd Sandoz and Paul Leech as interim co-heads of global equities, according to an internal memo seen by Reuters on Thursday.The pair replace Fater Belbachir who left for rival Citigroup earlier t...
Read more* Banks could see up to 10% of staff return* Any move awaits 'green light' from government* Travel, childcare main constraints in LondonBy Lawrence White, Carolyn Cohn and Pamela BarbagliaLONDON, May 21 (Reuters) - Limits on elevators, thermal imagi...
Read more* Subprime credit providers have reined in lending* Loan options for low-income borrowers in free fall* Government plans for 'no-interest' loans not yet launchedBy Sinead Cruise and Iain WithersLONDON, May 21 (Reuters) - When a payroll glitch left N...
Read moreZURICH, May 20 (Reuters) - Idorsia has raised 330 million Swiss francs ($340.31 million) from a share offering, the Swiss drugmaker said on Wednesday, as it bolsters its coffers for the planned launch of an insomnia drug and for research and dev...
Read more* COVID impact to hit full-year EPS by low-single-digits* Dividend cut by a third* Shares down 8%, top loser on FTSE (Adds details on dividend, outlook, CEO quote, shares)By Siddharth CavaleMay 19 (Reuters) - Imperial Brands Plc, maker of Winston a...
Read more* Ex Barclays executive Roger Jenkins locked down on English coast* Investigators need expertise to deal with complex cases-Jenkins* Looks forward to rebuilding career after "fallow" decadeBy Kirstin RidleyLONDON, May 14 (Reuters) - A near decade-l...
Read moreUK EXECUTIVE CHANGE SUMMARY: Ceres Power Poaches Ricardo COO
Read moreFormer Legal & General CEO Tim Breedon Joins Quilter Board
Read moreLONDON, May 13 (Reuters) - British retail spending plunged by nearly a fifth in April as the government's coronavirus lockdown hammered the sector, and a broader measure of consumer spending tumbled by more than a third, surveys showed on Wednesd...
Read moreLONDON, May 13 (Reuters) - Investments banks cut jobs at the fastest pace in six years during a first quarter in 2020 even though the coronavirus pandemic triggered a surge in volatility and boosted revenues to a five-year high, data published on ...
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