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SINGAPORE, May 14 (Reuters) - The silver "fix", a global benchmark for spot silver prices, will cease to operate after Aug. 14, the company that administers the process said on Wednesday, amid increasing regulatory scrutiny of price-setting in bullion markets. Deutsche Bank AG, HSBC and Ban
14 May 14 06:44* BoE says still work to do on "too big to fail" banks * BoE to hold public consultation on leverage ratio (Adds more detail, background) By Huw Jones LONDON, May 13 (Reuters) - Britain's banks need to start preparing for a financial environment in which they are no longer "to
13 May 14 09:50LONDON, May 13 (Reuters) - Britain's banks should start adjusting their balance sheets to a world where they are no longer "too big to fail", Bank of England Deputy Governor Jon Cunliffe said on Tuesday. Speaking to an event held by Barclays bank, Cunliffe cautioned lenders that once new ru
13 May 14 08:10(Adds Axis Capital, Ziraat Bank, HSBC Global Asset Management, Stifel) May 9 (Reuters) - The following financial services industry appointment was announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com. MITSUBISHI UFJ SECURITIES INTERNATIONAL (MUSI)
9 May 14 20:03LONDON, May 9 (Reuters) - HSBC Global Asset Management said on Friday it had appointed Ernst Osiander as head of its global bond team in London. He replaces Guy Dunham, who handed over his fund responsibilities in January and has since left the firm, it said in a statement. Osiander's team
9 May 14 15:05HSBC Middle East has entered into an agreement to sell its banking business in Pakistan to Meezan Bank. The move comes less than a year after failing to receive regulatory approval to sell it to another company, according to Reuters. The Pakistan-based unit has 10 branches along with gross assets
9 May 14 12:45LONDON (Alliance News) - Fidelity Special Values PLC Friday said its net asset value continued to rise over the first six months of the year, boosted by returns from stock picking. In a statement, Fidelity Special Values said its net asset value per share rose by 14.6% during the six months
9 May 14 12:20LONDON (Alliance News) - Oil and gas services company<strong> Petrofac</strong> Friday issued a profit warning after it said the planned development of the Greater Stella Area oil field in the North Sea would be delayed until next spring, it was hit by low output at a Romanian oil field, and w
9 May 14 11:50LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>IGas Energy</strong> PLC said it had an agreed deal to buy Dart Energy Ltd for GBP117.1 million in shares, a deal that will create a comp
9 May 14 10:27LONDON (Alliance News) - HSBC Holdings PLC Friday said it has agreed to sell its banking business in Pakistan to Meezan Bank Ltd, as the global banking giant continues to scale back in areas it considers to be non-core to its strategy. The deal, which requires regulatory and shareholder app
9 May 14 09:39LONDON, May 9 (Reuters) - HSBC said it has agreed to sell its banking business in Pakistan to Meezan Bank Ltd , seven months after failing to win regulatory approval to sell it to another company. The Pakistan unit has 10 branches and had assets of about $455 million at the end of 2013, HSB
9 May 14 09:09* Citi ends Deutsche's bid for 10th consecutive top spot * Top 5 banks account for 60.62 pct of market share By Shinichi Saoshiro TOKYO, May 9 (Reuters) - Citibank claimed the biggest share of the foreign exchange market for the first time since 2002, a Euromoney poll showed.</p
9 May 14 03:03Well-received first-quarter updates from the likes of Barclays and Standard Chartered gave UK banking stocks a boost on Thursday. Barclays led London's blue chips higher in afternoon trade, up 8.6%, after it pleased the City with plans to slash 14,000 jobs in 2014 across the group as it aimed to be
8 May 14 15:36Investec has applauded Barclays' Group Strategy Update on Thursday, after the bank announced a new round of jobs cuts, mainly in its investment bank (IB), as part of its 'bold simplification'. "Barclays is already a low-risk, profitable bank, but today's 'reset' is about rightsizing the bank to ref
8 May 14 12:48* Banks have set aside 3.75 billion pounds * Only 798 million pounds paid out so far * Compensation scheme due to complete next month * RBS 'marginally behind' schedule (Adds data, comment from hedging advisor) By Matt Scuffham LONDON, May 8 (Reuters) - Britain's b
8 May 14 12:01
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