We spoke to new Sterling Energy CEO Tony Hawkins about the latest changes happening at the company. Watch the full video here.
By Huw Jones LONDON, Oct 30 (Reuters) - This year's stress tests of Britain's top banks won't become an excuse for regulators to ratchet up capital requirements without justification, a senior Bank of England official said on Friday. Alex Brazier, executive director for financial stab
By Pamela Barbaglia and AndrÃ©s GonzÃ¡lez LONDON/MADRID, Oct 29 (Reuters) - U.S. private equity group Centerbridge Partners has appointed investment banks to sell Spanish property services firm Aktua, five sources familiar with the matter said. Centerbridge is seeking to take advantag
(Adds final prices) * Pan-European index down 0.04 pct, euro zone index down 0.2 pct * Deutsche Bank, Barclays fall after updates * Nokia surges after strong results * Telecom Italia rallies on stake purchase By Danilo Masoni and Atul Prakash MILAN/LONDON, Oct
(Adds quote, details) * Pan-European FTSEurofirst 300 index down 0.2 pct * Deutsche Bank, Barclays, fall after updates * Nokia surges after strong results * Telecom Italia rallies on stake purchase By Danilo Masoni and Atul Prakash MILAN/LONDON, Oct 29 (Reuters
By Anjuli Davies LONDON, Oct 29 (Reuters) - Europe's biggest investment banks are slimming down in a fight for survival, eight years after the global financial crisis wrought regulatory changes and sparked litigation costs that have left them still struggling to achieve profitability. <p
* Barclays Q3 profit down 10 pct year on year * Sets aside 290 mln stg to compensate FX customers * Cuts 2016 RoE target to 11 pct due to higher costs * Shares fall 4.8 pct (Adds finance director, analyst, share price) By Steve Slater and Matt Scuffham LONDON, Oct
LONDON, Oct 29 (Reuters) - Barclays Plc said it was pleased with its capital generation and was working towards getting its common equity ratio to above 12 percent as quickly as possible. Barclays on Thursday said its common equity capital ratio was 11.1 percent at the end of September, unc