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By Huw JonesLONDON, May 12 (Reuters) - Many of the City of London's bankers and traders will be working from their kitchens or bedrooms for at least a year under some scenarios being planned by finance companies in Britain.Banks, insurance compani...
Read moreSINGAPORE, May 8 (Reuters) - Singapore-based Zenrock Commodities Trading Pte Ltd has been placed under the management of a court-appointed supervisor following an application by HSBC Holdings, the bank told Reuters on Friday.Zenrock did not immedi...
Read more(Adds appointment of KPMG as interim judicial managers)By Roslan Khasawneh and Anshuman DagaSINGAPORE, May 8 (Reuters) - HSBC Holdings PLC has alleged that Singapore-based Zenrock Commodities Trading Pte Ltd engaged in a series of "highly dishonest...
Read more(Adds police report, HSBC declined to comment)By Roslan Khasawneh and Anshuman DagaSINGAPORE, May 8 (Reuters) - HSBC Holdings PLC has alleged that Singapore-based Zenrock Commodities Trading Pte Ltd engaged in a series of "highly dishonest transact...
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Superdry Sees Double-Digit Fall In Quarterly Sales Amid Coronavirus
Read more(Repeats to fix formatting, no changes to text)* BoE's stress test based on economic scenario for pandemic* Test assumed GDP drop by almost 30% in Q2 vs Q4 last year* Shows lender's capital buffers sufficient to absorb losses* Would also sufficient t...
Read more(Repeats to adds PIX)** BoE's stress test based on economic scenario for pandemic* Test assumed GDP drop by almost 30% in Q2 vs Q4 last year* Shows lender's capital buffers sufficient to absorb losses* Would also sufficient to help the corporate sect...
Read more(Updates with closing prices. The London market is closed on Friday for a public holiday. Reuters will continue coverage on Monday, May 11)* FTSE 100 up 1.4%, FTSE 250 adds 1.7%* China exports rise for the first time this year* Lenders gain after u...
Read moreLONDON, May 7 (Reuters) - British banks' lending to firms hit by the coronavirus under the government's main loan guarantee scheme for small and medium-sized firms has risen to 5.5 billion pounds ($6.8 billion) from 4.1 billion pounds last week, ...
Read more(Repeats to additional clients, no change to text)LONDON, May 7 (Reuters) - A "desk top" stress test has shown that top banks and building societies could keep lending to an economy hit by anticipated fallout from the coronavirus pandemic, the Ban...
Read more** BoE's stress test based on economic scenario for pandemic* Test assumed GDP drop by almost 30% in Q2 vs Q4 last year* Shows lender's capital buffers sufficient to absorb losses* Would also sufficient to help the corporate sector finance cash (Ad...
Read more(Adds detail)By Huw JonesLONDON, May 7 (Reuters) - A stress test has shown that Britain's top banks and building societies could keep lending to an economy that shrinks by almost 30% in the coronavirus pandemic, the Bank of England said on Thursda...
Read more(Adds more detail)LONDON, May 7 (Reuters) - A "desk top" stress test has shown that top banks and building societies could keep lending to an economy hit by anticipated fallout from the coronavirus pandemic, the Bank of England said on Thursday.Th...
Read moreLONDON, May 7 (Reuters) - A "desk top" stress test has shown that top banks and building societies can withstand the anticipated economic fallout from the coronavirus pandemic, the Bank of England said on Thursday.The BoE's Financial Stability Rep...
Read moreBy Davide BarbusciaDUBAI, May 6 (Reuters) - Saudi Aramco is about to finalise a $10 billion loan with a group of roughly 10 banks, three sources familiar with the matter said, as the oil giant seeks cash amid record low oil prices.Aramco is raisin...
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