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(Adds more detail)LONDON, Aug 6 (Reuters) - Britain's banks hold enough capital to keep on lending and absorb the losses that are likely to arise due to the COVID-19 pandemic, the Bank of England said on Thursday.Companies could suffer a cash flow...
Read moreLONDON, Aug 6 (Reuters) - Britain's banks hold enough capital to keep on lending and absorb the losses that are likely to arise due to the COVID-19 pandemic, the Bank of England said on Thursday.Companies could suffer a cash flow deficit of up to ...
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UK BROKER RATINGS SUMMARY: Deutsche Bank Raises ITV To Buy From Hold
Read more* Britain's banks expect $22 bln in bad loans* Pandemic, Brexit, interest rates drive underperformance* Cost-cutting likely in face of rising loan lossesBy Iain Withers and Lawrence WhiteLONDON, Aug 5 (Reuters) - Britain's banks took a gloomier view...
Read moreUK BROKER RATINGS SUMMARY: Berenberg Starts Fresnillo At Sell
Read moreLONDON MARKET CLOSE: Manufacturing PMIs Spark Strong Start To August
Read more* European shares rise 1.2% as tech, auto stocks rally* US stock futures up 0.5% on stimulus hopes* Asia ex-Japan dips, Nikkei aided by yen pullback* Caixin China PMI beats forecasts at 52.8* Gold reaches new peak, eyeing $2,000 levelBy Thyagaraju Ad...
Read moreLONDON MARKET MIDDAY: Stocks Reverse Early Losses After Positive PMIs
Read more* European shares open higher as tech stocks rally* US stock futures flat on gridlock over stimulus* Asia ex-Japan dips, Nikkei aided by yen pullback* Caixin China PMI beats forecasts at 52.8* Gold reaches new peak, eyeing $2,000 levelBy Thyagaraju A...
Read moreUK TOP NEWS SUMMARY: HSBC To Accelerate Job Cuts As Profit Slumps
Read more(For a live blog on European stocks, type LIVE/ in an Eikon news window)* German factories post first growth in activity since 2018- PMI* Strong Wall Street start spurs more gains in Europe* HSBC slides after warning of bigger loan loss* Internatio...
Read more(For a live blog on European stocks, type LIVE/ in an Eikon news window)* HSBC slides to over 11-year low as profit plunges 65%* UK, euro zone, U.S. report rise in factory output* Engineer Senior, insurer Hiscox swing to first-half loss* FTSE 100 up...
Read more* European shares open slightly higher* Asia ex-Japan dips, Nikkei aided by yen pullback* Caixin China PMI beats forecasts at 52.8* Dollar adds to Friday bounce, after a punishing July* Gold reaches new peak, eyeing $2,000 levelBy Thyagaraju Adinaray...
Read moreLONDON BRIEFING: HSBC To Accelerate Restructuring Plan As Profit Drops
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(Sharecast News) - HSBC interim profits plunged 65% as it increased provisions for bad debts by $3.8bn amid the coronavirus crisis and accelerated plans to cut 35,000 jobs.
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