JOHANNESBURG, March 3 (Reuters) - Barclays Africa has applied for a licence to operate in Nigeria and is "keen" to take over operations in Egypt and Zimbabwe that still belong to its parent company, its chief executive said on Tuesday. "We have just applied for the licence and we'll have t
Read moreUK stocks inched lower on Monday after hitting a new intraday record high during the session as markets were underwhelmed by a raft of positive manufacturing data and a rate cut in China. London's FTSE 100, which rose to a new all-time peak of 6,974.26 early on, finished 6.02 points lower (-0.09%) a
Read moreBarclays will hog the spotlight on Tuesday as it reports its full-year results. Analysts forecast the lender will report a pre-tax profit of £5.3bn, compared to a restated £4.9bn in 2013. The bank is expected to set aside more money for potential fines for foreign exchange fines and to add to its c
Read more(Repeats to additional Reuters clients) By Thomas Atkins NEW YORK, March 2 (Reuters) - From its tower on Wall Street, Deutsche Bank enjoys a commanding view of lower Manhattan. Its target is to gain a presence in investment banking which is nearly as dominant. As Germany's larg
Read moreBanking stocks such as Barclays and RBS topped the risers as share prices rebounded after a weak outing last week following some poorly-received annual results. 2014 figures from Barclays, the last UK lender to report, are due out on Tuesday. Intertek, the product testing and certification outfit, w
Read moreAfter a bright start, UK stocks dropped into the red by Monday lunchtime as investors assessed a raft of economic data and took profits after markets reached new record highs. The FTSE 100 was down 0.01% at 6,945.68 by midday, erasing gains after rising to a new intraday all-time high of 6,974.26 in
Read moreUK stocks rose modestly to a new record high on Monday morning on the back of gains in the banking and mining sectors, tracking a strong performance on Asian markets overnight after a rate cut in China. The FTSE 100 was up 0.3% at 6,969.46 within the opening hour, having risen as high as 6,972.01 in
Read moreThe UK banking sector was slightly lower on Friday as well-received results from Lloyds and decent gains from Standard Chartered were offset by falls in the share prices of RBS, HSBC and Barclays. The sector was down around 0.5% on average. UK lender Lloyds was trading 1.1% higher despite 2014 resu
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