LONDON MARKET CLOSE: FTSE 250 shines but large-caps tepid on Fed bets
(Alliance News) - The FTSE 100 closed off sessions highs after listless afternoon trading on Monday, though the FTSE 250 was given some impetus from M&A moves.
Read more(Alliance News) - The FTSE 100 closed off sessions highs after listless afternoon trading on Monday, though the FTSE 250 was given some impetus from M&A moves.
Read moreHONG KONG/LONDON, April 17 (Reuters) - HSBC's biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting on May 5, a source familiar with the Chinese insurer's thinking said on Monday.
Read more(Sharecast News) - HSBC's largest shareholder is reportedly likely to give its backing to shareholder resolutions that would force the bank to provide regular updates on the structure of its Asian business and restore the dividend to its pre-Covid level.
Read moreLONDON, April 17 (Reuters) - Britain's financial regulators said on Monday they would set up a new body over the next two years to encourage more competition in banking services through the use of third-party apps from fintech firms.
Read moreLONDON, April 17 (Reuters) - Britain's financial regulators said on Monday they will set up a new body to encourage more competition in banking services through the use of third-party apps.
Read more(Sharecast News) - Bank shares paced gains at the end of the week amid a raft of well-received sector earnings on the other side of the Atlantic and due to the possibility of further rate hikes in both the US and UK.
Read more(Alliance News) - Stocks in London ended a shorter week in the green on Friday, as investors became increasingly confident that the US Federal Reserve will soon call time on its hiking cycle.
Read moreLONDON, April 14 (Reuters) - European banks surged on Friday, rising to a one-month high, gaining support from U.S. lenders, which reported better-than-expected results in the first quarter.
Read more(Alliance News) - HSBC Holdings PLC on Friday said it remained committed to the sale of its retail banking business in France, but added that the disposal is not certain.
Read more(Sharecast News) - HSBC cautioned on Friday that the sale of its French retail banking arm to Cerberus-backed My Money Group may not go ahead as planned due to interest rate increases in France.
Read more(Alliance News) - AO World PLC on Friday hailed its cost cutting initiatives as it expects to meet the top end of its outlook for adjusted earnings before interest, tax, depreciation and amortisation range for the financial year that ended on March 31.
Read more(Alliance News) - Stock prices in London edged into the green on Thursday's open, as investors digested last night's minutes from the Federal Reserve, and the latest UK gross domestic product print.
Read moreLiquidity buffers introduced after global financial crisis
*Read moreSINGAPORE, April 11 (Reuters) - The 81-year-old founder of collapsed oil trading firm Hin Leong Trading Pte Ltd went on trial in Singapore on Tuesday accused of forgery and cheating HSBC out of $111.7 million.
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