Barclays hires Schulte as new head of US IG syndicate
July 20 (Reuters) - Barclays has hired Scott Schulte as its new head of U.S. investment-grade debt syndicate desk, sources familiar with the matter said.
Read moreTue, 04th Feb 2014 06:28
July 20 (Reuters) - Barclays has hired Scott Schulte as its new head of U.S. investment-grade debt syndicate desk, sources familiar with the matter said.
Read moreNEW YORK, July 20 (Reuters) - A U.S. judge threw out a $112 million lawsuit by a former senior London-based trader for Citigroup, who accused the bank of falsely implicating him in a criminal probe into foreign exchange price fixing after firing him.
Read moreLONDON, July 19 (Reuters) - Britain's banks are not passing on higher interest rates to savers fast enough, though this is expected to accelerate in coming months as a new duty to provide good outcomes for consumers comes into force, UK financial regulators said on Wednesday.
Read moreLONDON, July 19 (Reuters) - Britain's banks are not passing on higher interest rates to savers fast enough, though this is expected to accelerate in coming months as a new duty to provide good outcomes for consumers comes into force, UK financial regulators said on Wednesday.
Read more(Alliance News) - SSP Group PLC on Tuesday said it has completed the refinancing of its syndicated banking facilities, including a new GBP300 million four-year loan and undrawn GBP300 million revolving credit facility.
Read moreLONDON, July 17 (Reuters) - British Prime Minister Rishi Sunak will hold the first meeting of his new business council on Tuesday, in a bid to support his pledge to grow the economy and fend off attempts by the opposition Labour Party to win over the business community.
Read moreMILAN, July 17 (Reuters) - Banco BPM shares rose as much as 2.7% on Monday after Italy's third-largest bank said it would sell 71.6% of its card and shopowner payments operations to private equity fund FSI for 500 million euros ($561 million) in cash and shares.
Read moreZURICH, July 17 (Reuters) - Luxury group Richemont reported a 14% increase in first- quarter sales on Monday, boosted by a strong rebound in Asia and demand for its high-end jewellery.
Read moreZURICH, July 17 (Reuters) - Richemont reported weaker than expected sales during its first quarter as the world's second biggest luxury group continued to see strong demand for its high-end jewellery.
Read moreNEW YORK, July 14 (Reuters) - The U.S. Virgin Islands said it wants JPMorgan Chase to pay at least $190 million, and possibly much more, to resolve its lawsuit accusing the largest U.S. bank of ignoring the disgraced late financier Jeffrey Epstein's sex trafficking.
Read more(Alliance News) - Barclays PLC is preparing the sale of its consumer-finance business in Germany and has held preliminary talks with potential buyers, according to a Bloomberg report on Thursday.
Read moreSTOXX 600 up for fourth straight session
*Read more(Alliance News) - Stock prices in London closed sharply higher on Wednesday, as US inflation cooled more than expected in June, boosting investor confidence.
Read moreLONDON, July 12 (Reuters) - Britain's eight largest lenders have enough capital to ride out a worse economic crisis than that seen in 2008, the Bank of England (BoE) said on Wednesday, as the sector faces sharply rising interest rates pummelling consumers and businesses.
Read more(Alliance News) - The Bank of England on Wednesday said the major UK banks were "resilient to a severe stress scenario", in its latest cyclical stress test results, with all eight surveyed lenders passing.
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