(ShareCast News) - The FTSE 100 index built on a strong start on Tuesday, rising 1.5% to 6,162.86 points by mid-afternoon with the financial sector leading the charge. Pensions and investment company Hargreaves Lansdown, which is due to publish results on Wednesday, and Aberdeen Asset Management tus
Read more** Standard Chartered recovers from post-Lehman lows to gain c.3 pct & is 4th top gainer on London's bluechip index along with broad rally in beaten down EM-exposed stocks across Europe ** Standard Chartered has had a troubled three years, hurt in part by weakness in many of its key emergin
Read moreLONDON, Sept 7 (Reuters) - Ten of Britain's biggest banks could pay almost 6 billion pounds ($9.2 billion) a year between them in tax as a new surcharge on profits is phased in, accounting firm EY said on Monday. British Finance Minister George Osborne said in July he planned to replace an
Read more(ShareCast News) - The banking sector will have to pay out vastly more than expected from George Osborne's new profits surcharge, which was introduced to reduce the pain of the Bank Levy on lenders such as HSBC. When the Chancellor unveiled the new 8% surcharge on bank profits and plans to lower the
Read more** EM-focused bank's shares down 2 pct after the Sunday Times reports over the weekend that the bank could be the focus of new Iran-related fines ** Co second-largest loser on FTSE 100 as it trades at 6-yr lows; also bottom of Stoxx 600 Banks Index ** Bank "is under investigation by t
Read more* Credit Suisse, Citi, HSBC mandated - sources * China woes cast doubt on timing of IPO - sources * Intention to float could still come this month - source (Adds further comments, background on IPO plans) FRANKFURT, Sept 4 (Reuters) - German container shipping group Hapag-Lloy
Read moreFRANKFURT, Sept 4 (Reuters) - German container shipping group Hapag-Lloyd has taken further steps in preparation of a stock market listing and has mandated more banks for the move, but it remains undecided on the timing of the deal, people familiar with the situation said. Credit Suisse, Ci
Read more** A rocky close in store for the UK bluechip which is off 1.9 pct and poised for its lowest close since Jan 2013 ** All 100 constituents in the red and if it ends like this it will be the 4th time in the last 2 weeks that all index stocks end lower ** The more domestically focused mi
Read moreBy Tim McLaughlin and Ross Kerber BOSTON, Sept 3 (Reuters) - Foreign investment funds are moving at breakneck speed to retool their strategies in an attempt to profit from Chinese stock markets whipsawed by panic, paranoia and unprecedented government intervention. The implosion in Ch
Read moreSept 3 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email moves@thomsonreuters.com. HSBC HOLDINGS Europe's biggest bank has appointed Efe Kapanci head of mergers and acquisitions in the Middle East an
Read moreDUBAI, Sept 3 (Reuters) - HSBC Holdings has appointed Efe Kapanci as the bank's head of mergers and acquisitions in the Middle East and North Africa, according to a company memo seen by Reuters. Kapanci has been with the bank since 2002 and was previously based in New York, the memo said, a
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