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By Huw Jones LONDON, May 19 (Reuters) - Banks in Britain broadly support Bank of England plans for yearly checks on their capital levels, although they disagree on how detailed the published results should be. Eight of Britain's biggest banks, including Barclays , RBS, Lloyds and HSBC
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- AstraZeneca drops after rejecting 'final proposal' from Pfizer - Chinese housing concerns weigh on sentiment - Carney comments, Ukraine elections in focus techMARK 2,710.83 -1.26% FTSE 100 6,827.22 -0.42% FTSE 250 15,427.14 +0.19% UK stocks were firmly in the red on Monday as investors kicked of
Read more- AstraZeneca drops sharply after rejecting Pfizer offer - Banking, mining stocks fall - China property concerns weigh on sentiment techMARK 2,714.40 -1.13% FTSE 100 6,823.23 -0.48% FTSE 250 15,475.65 +0.50% UK stocks fell on Monday morning with AstraZeneca leading the decline after rejecting a fi
Read more(Corrects headline and paragraph 1 to make clear RBS is winding down Rates Prime Broking and Rates OTC Clearing businesses, not its interest-rate trading businesses; In paragraph 2, adds missing word ... our ... to quote) By Aashika Jain May 18 (Reuters) - Royal Bank of Scotland said
Read moreLONDON, May 19 (Reuters) - Richard Lambert, the man tasked with setting up a new standards body for British bankers, on Monday ruled himself out of the running to become its first chairman. Lambert, 69, said he could not commit to the period of time needed to estabish the Banking Standards
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LONDON (Alliance News) - Royal Bank of Scotland Group PLC Sunday said it is winding down its interest-rate trading operations due to tougher capital requirements under regulators' efforts to make banks safer. The move affects the state-controlled bank's prime broking and over-the-counter cl
Read moreLONDON, May 19 (Reuters) - A new standards body for British bankers will be launched later this year with a chairman appointed by an independent panel led by Bank of England Governor Mark Carney. Richard Lambert, a former director general of the Confederation of British Industry, who was ta
Read more* Q1 revenue falls to $42.8 bln (2013: $46.9 bln) * Fixed income, currencies and commodities revenue down 16 pct * Q1 Revenue at equity divisions drops 3 pct * Q1 Revenue for advisory on deals up 4 pct LONDON, May 19 (Reuters) - Revenue at the world's 10 largest investment
Read more* Sector sees increase after years of declines * Boosted by U.S. power & gas, investor products By Eric Onstad LONDON, May 19 (Reuters) - Commodities revenue at the top 10 investment banks climbed 26 percent in the first quarter after years of declines, due to higher U.S. power
Read morePfizer is weighing up a last-minute improvement to its indicative offer for AstraZeneca, the Sunday Times said. Pfizer is expected to increase the cash portion of its offer and could also increase the price per share before the May 26th deadline to secure a deal. It is also in talks with the Governm
Read more(Adds Dow Jones comment, paragraph 9) NEW YORK, May 16 (Reuters) - Dow Jones & Co has won a court order to stop the London-based service Ransquawk from broadcasting its news content within seconds of publication, without permission, to traders and other subscribers. It is unclear how
Read more(Updates with details on LBMA consultation, paragraphs 16-17) By Clara Denina and Jan Harvey LONDON, May 16 (Reuters) - London's precious-metal price benchmarks, including silver, the century-old gold "fix" and platinum group metals are on the verge of major transformation, industry
Read moreLONDON (Alliance News) - Barclays PLC Friday said Ashok Vaswani, a divisional chief executive, acquired 831 shares at a price of GBP2.5242 each last Wednesday under the share purchase plan. Barclays shares were trading down 1.5% at 241.10 pence Friday. By Arvind Bhunjun; arvindbhunjun
Read moreBy Jonathan Stempel NEW YORK, May 16 (Reuters) - Dow Jones & Co has won a court order to stop the London-based service Ransquawk from broadcasting its news content within seconds of publication, without permission, to traders and other subscribers. It is unclear how the permanent inju
Read moreBy Clara Denina and Jan Harvey LONDON, May 16 (Reuters) - London's precious-metal price benchmarks, including silver, the century-old gold "fix" and platinum group metals are on the verge of major transformation, industry sources say, as regulatory scrutiny and lawsuits hasten action. <
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