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LONDON, April 14 (Reuters) - Standard Chartered is leaving seven countries in Africa and the Middle East where it is sub-scale as it seeks to improve profits by narrowing its focus to faster-growing markets in the region, it said on Thursday.
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(Alliance News) - Stocks in London got off to a slow start on Monday following a disappointing update from the UK economy.
Read more(Alliance News) - Stocks in Europe rallied on Friday, ending the week on the front foot, as investors prepare for the start of US earnings season, inflation readings from Germany, the US and UK and a rate decision from Europe's central bank in an action packed week.
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(Sharecast News) - Bank has its work cut out for it in trying to bring inflation to heel while not tipping the economy into recession, argue economists at Berenberg.
Read more(Sharecast News) - Economists at Bank of America raised their short-term inflation forecasts for the UK, predicting that Bank would hike short-term interest rates four more times as it tried to navigate both the risk of a recession and of too-high inflation.
Read more(Alliance News) - Diageo PLC on Wednesday said it launched and priced fixed rate sterling and euro-denominated bonds on Tuesday.
Read moreHICL Infrastructure PLC - a long-term investor in infrastructure assets - Secures GBP400 million sustainability-linked facility revolving credit facility. Explains that it is a sustainability linked loan, where it will incur premiums or reductions to the interest charged on the facility based on its performance against environmental, social and governance key performance indicators. The facility remains on the same terms as previously.
Read more(Sharecast News) - Leading investors in Barclays are reportedly demanding the bank takes steps to dock executive bonuses after it said it would take a £450m hit for overselling products to investors.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read moreNEW YORK, March 31 (Reuters) - A federal judge on Thursday dismissed a long-running antitrust lawsuit accusing 10 of the world's largest banks of pursuing two interrelated conspiracies to suppress competition in the now $23.2 trillion market for U.S. Treasury securities.
Read moreLONDON, March 31 (Reuters) - A proposed multi-billion pound claim brought by thousands of asset managers, pension funds and financial institutions against major banks over alleged foreign exchange (forex) rigging has been blocked by a London court.
Read moreLONDON, March 31 (Reuters) - A proposed multi-billion pound claim brought by thousands of asset managers, pension funds and financial institutions against major banks over alleged foreign exchange (forex) rigging has been blocked by a London court.
Read moreDUBAI, March 31 (Reuters) - First Abu Dhabi Bank is expected to raise 500 million euros ($553.90 million) in five-year green bonds at 70 basis points over mid-swaps, a document showed on Thursday.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
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