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(Updates with banks on the loan)By Yousef SabaDUBAI, March 10 (Reuters) - Saudi Arabia's sovereign wealth fund, the Public Investment Fund, said on Wednesday it has signed a $15 billion multi-currency revolving credit facility with a group of 17 b...
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HSBC launches record fund to help small UK firms recover from crisis
Read moreBy Anna IrreraLONDON, March 9 (Reuters) - JPMorgan Chase & Co has hired former HSBC Holdings Plc executive Jeremy Balkin as head of fintech and innovation for wholesale payments, the bank said on Tuesday.In his new role, Balkin will oversee fintec...
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(Sharecast News) - Banks' shares continued to outperform Technology at the start of the week amid expectations for an exit from the Covid-19 pandemic, possibly as soon as in the next couple of months, as well as for increased fiscal stimulus spending in the US.
Read moreDUBAI, March 8 (Reuters) - Bank Muscat has hired a group of international and regional banks to arrange an issuance of U.S. dollar-denominated five-year bonds, a document from one of the banks showed on Monday.Bank ABC, Bank Muscat, Citi, Emirates...
Read more(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* European banks hit fresh 1-year high* Rising yields lifts cyclical stocks* Pearson jumps on targeting consumers directly with new strategy...
Read more(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* British schools reopen* Senior rises despite annual loss* Pearson among top gainers on new boss's growth plans* FTSE 100 up 1.3%, FTSE 250 ...
Read more(Sharecast News) - Investors in Financial Services got the short end of the stock on Friday, as shares in the London Stock Exchange Group were hit by a wave of selling after the stockmarket operator flagged its intention to increased spending on its integration with Refinitiv in 2021.
Read moreLONDON MARKET CLOSE: Inflationary fears weigh amid US jobs report beat
Read moreBy Huw JonesLONDON, March 5 (Reuters) - Britain's competition watchdog wants a new independent banking industry body to accelerate take-up of "open banking" apps to spawn new fintech companies and offer more choice to consumers.Open banking allows...
Read moreBROKER RATINGS: JPMorgan neutral on Aston Martin; CRH targets lifted
Read morePRESS: Marks & Spencer shuts in-store branches of M&S Bank - Telegraph
Read moreLONDON, March 5 (Reuters) - Commodities-related revenue at the world's 12 biggest investment banks surged by 85% last year compared to 2019 as oil and metals trading made further strong gains, consultancy Coalition said on Friday.Commodities reven...
Read more* Top 12 banks see record 28% revenue growth in 2020* FICC income spikes on commodities, credit* Bankers faced job cuts, modest bonuses despite boomBy Lawrence WhiteLONDON, March 5 (Reuters) - A surge in blank-cheque investment vehicle fundraising a...
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