
(ShareCast News) - The Bank of England will be made to show that it is providing taxpayers with value for money under reforms unveiled today by George Osborne. Mark Carney, the governor, has agreed to open the Bank's books to the National Audit Office (NAO), bringing it into line with government dep
(ShareCast News) - London markets inched higher on Monday as weakness in the commodities market was outshone by strength in the pharmaceutical, technological and financial sectors. As of 14:15 BST, the FTSE 100 was trading 0.23% higher at 6,791. Sports Direct International topped the risers as Exan
(ShareCast News) - Citigroup upgraded HSBC to 'buy' from 'neutral' and lifted the price target to 635p from 625p, noting that the stock is trading close to the low end of its valuation range over the past five and 10 years. "Reflecting the improvement to capital ratios from upcoming divestments and
(ShareCast News) - Citigroup upgraded HSBC to 'buy' from 'neutral' and lifted the price target to 635p from 625p, noting that the stock is trading close to the low end of its valuation range over the past five and 10 years. "Reflecting the improvement to capital ratios from upcoming divestments and
** Emerging markets-focused bank's shares up 1.2 pct, among top FTSE-100 gainers, as CEO Bill Winters announces changes to its management structure ** Heads of major units will report to Winters rather than to his deputy Mike Rees, starting Oct. 1 ** Stock second-highest gainer on FTS
** Banking giant's shares up 1 pct, second-largest FTSE-100 gainer after Citi upgrades rating on co to "buy" from "neutral", PT to 635p from 625p ** Analysts cite improvement to capital ratios from upcoming divestments and recent stock price weakness for upgrade ** Shares have fallen
* Martin Wheatley had been due to step down in March 2016 * Sources say he quit after government didn't extend contract * FCA's Tracey McDermott to be acting chief executive (Adds lawmaker, banker reaction) By Huw Jones LONDON, July 17 (Reuters) - The head of Britain's f
* Martin Wheatley had been due to step down in March 2016 * Sources say he quit after government didn't extend contract * FCA's Tracey McDermott to be acting chief executive (Adds sources, lawyer comments, background) By Huw Jones LONDON, July 17 (Reuters) - The head of
(Repeats JULY 16 story, no change to text) * Many sanctions on Iran likely to stay for months * Lenders have paid heavy penalties for Iran business * Banks still fear U.S. anti-money laundering rules * UK not recommending insurance trade with Iran yet By Jonathan Sau
* Many sanctions on Iran likely to stay for months * Lenders have paid heavy penalties for Iran business * Banks still fear U.S. anti-money laundering rules * UK not recommending insurance trade with Iran yet By Jonathan Saul and Thomas Atkins LONDON/FRANKFURT, July