(ShareCast News) - A renewed move lower in government bond yields across the globe weighed on financials, especially UK-listed life insurers, which some analysts believed were the most exposed sector of UK equity market to falling market interest rates in the US. The yield on the benchmark 10-year U
Read more* FTSE 100 down 1.9 pct at close * Tesco drops after agreement to sell assets * Standard Life falls on target price cut * Brexit worries weigh on market (Adds details, updates prices at close) By Kit Rees and Sudip Kar-Gupta LONDON, June 10 (Reuters) - Britain's to
Read more* FTSE 100 down 1.8 * Tesco drops after agreement to sell assets * Standard Life falls on downgrade * Brexit worries weigh on market (Recasts, adds quote and detail, updates prices) By Kit Rees and Sudip Kar-Gupta LONDON, June 10 (Reuters) - Britain's top share ind
Read more* FTSE 100 down 1.6, hits three-week low * Mining and energy stocks lose ground * Brexit worries weigh on market (Adds detail and updates prices) By Kit Rees and Sudip Kar-Gupta LONDON, June 10 (Reuters) - Britain's top share index fell on Friday, hit by a drop in major
Read moreBRUSSELS, June 10 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS None NEW LISTINGS -- Spanish online bank Bancopopular-e, which is 49 percent owned by Banco Popular Espanol
Read moreLONDON, June 10 (Reuters) - Barclays has completed the sale of its Spanish pension assets and liabilities to a unit of CaixaBank, the British lender said on Friday, as it continues to sell assets deemed non-core to its strategy. About 35,000 customers and 350 million euros ($395 million)of
Read more(Adds quote from Barclays' Byrne, details on Barclays program) By Richa Naidu and Olivia Oran June 8 (Reuters) - Barclays Plc said on Wednesday it was launching an internship program in New York targeting people who had taken a career break from the finance industry, the latest move b
Read moreBy Philip Scipio NEW YORK, June 8 (IFR) - Barclays, Credit Suisse, Deutsche Bank and UBS have received a one year extension on the deadline to submit their resolution plans, or "living wills", to US regulators. The plans, which detail how each bank would be dismantled in the event of
Read more* Medium-sized banks to remain exempt from TLAC requirements * Commission's new line meets German and British requests * Berlin and London oppose French-Italian proposal for MREL caps * EU Commission's position between caps and floors for MREL By Francesco Guarascio
Read moreBy Steve Slater LONDON, June 8 (IFR) - Top US investment banks have signaled a rebound in revenue growth in the second quarter from a year ago, potentially bringing relief to the industry after four quarters of year-on-year declines. Revenues in May appear to have improved from April,
Read moreWASHINGTON, June 8 (Reuters) - Four big foreign banks with large American operations are being given an extra year to detail plans on how they would sell or liquidate the assets of their U.S. subsidiaries if they were to fail, regulators said on Wednesday. Barclays PLC, Deutsche Bank AG, UB
Read moreBy Alice Gledhill LONDON, June 7 (IFR) - UK banks' subordinated debt has tumbled as the threat of the country leaving the European Union later this month escalates. Polls of polls on Sunday showed the Leave and Remain camps split down the middle at 50/50, shaking up those that have be
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