- Initial losses largely reversed - RBS leaps after surprise H1 profit - Eyes on UK Q2 GDP techMARK 2,814.40 -0.27% FTSE 100 6,815.84 -0.08% FTSE 250 15,757.37 +0.06% The FTSE opened in the red but losses were largely reversed following a surprise first-half profit from Royal Bank of Scotland, wh
Read more* Bank says lawsuit fails to identify any fraud * No victims, harm or material misstatements established - Barclays (Adds Schneiderman statement, paragraph 5, additional byline and dateline) By Herbert Lash and Steve Slater NEW YORK/LONDON, July 24 (Reuters) - Barclays Plc ur
Read moreAn extremely busy week lies ahead, with a tumult of the largest companies on the London stock market announcing second-quarter and half-year results. The week begins quietly enough on Monday and Tuesday, with a Reckitt Benckiser expected to post lower profits on Monday due to forex movements, an in
Read moreUK banks will be required to build a buffer of loss-absorbing bonds at least as big as the capital already held under new international rules, according to a Bank of England (BoE) official. The crackdown comes as part of plans to prevent governments having to bail out banks in the event of a financ
Read moreReed Elsevier was the top riser after it reported a 4% increase in half year revenue at constant currency and a 5% increase in the dividend. Shares in International Airlines Group climbed after an agreement was reached between the group and its main trade unions that could see as many as 1,427 job
Read moreUpbeat comments from Fitch and changes in accounting standards gave the UK-listed banking sector a boost on Thursday. HSBC was the standout performer in afternoon trade, rising 2.4%, while Barclays and RBS rose over 1%. Ratings agency Fitch said that so-called Viability Ratings (VRs) on banks in E
Read moreNEW YORK, July 24 (Reuters) - Barclays Plc filed a motion on Thursday to throw out the New York attorney general's lawsuit that alleged the bank lied to clients over its high-speed trading venue, saying many of the state's allegations were taken out of context. Barclays' motion to dismiss t
Read more* UK banking watchdog indicates size of new bond buffer * BoE to consult on implementing new EU bank law By Huw Jones LONDON, July 24 (Reuters) - Britain's biggest banks, such as Barclays and HSBC, will need to build up a buffer of loss-absorbing bonds at least as big as the cap
Read more- Banking, housing stocks provide a boost - Kingfisher, Easyjet slump after results - Ukraine still in focus as Russian sanctions discussed - Eurozone PMI improves, UK retail sales fall techMARK 2,821.65 -0.06% FTSE 100 6,802.89 +0.07% FTSE 250 15,726.48 0.00% UK stocks managed to turn around afte
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