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TOKYO, March 26 (Reuters) - A group of Japanese, British and U.S. banks is considering jointly extending $1 billion in loans to Kuwait Petroleum Corp to help boost oil production and ease tight supplies, the Nikkei business daily said on Saturday.
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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
Read moreProvident Financial PLC - Bradford, England-based subprime lender - Hires Fiona Anderson to be managing director of Cards division, joining in April. Provident notes Anderson has long experience in credit cards and personal banking. Until last year, she was head of Everyday Banking at HSBC Holdings PLC, prior to which she worked at Mastercard Inc and at Barclaycard, part of Barclays PLC. Most recently, she was MD for Global Consumer Solutions UK at Equifax Inc, a consumer credit reporting agency. Provident says Anderson joined Equifax in 2022.
Read moreLONDON, March 24 (Reuters) - The Bank of England said on Thursday that it might not go ahead with plans announced in December to raise banks' capital requirements in the coming quarter, given Russia's invasion of Ukraine.
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(Sharecast News) - The Bank of England is considering delaying plans to tighten banks' capital requirements because of concerns created by Russia's invasion of Ukraine.
Read more(Alliance News) - British retail bank Lloyds Banking Group PLC on Wednesday announced plans to close 60 more branches as customers increasingly switched to online banking during the Covid pandemic.
Read more(Sharecast News) - Lenders' and insurers' shares paced gains on Tuesday as a top US central bank official laid out the case for moving "faster" to hike short-term interest rates.
Read more(Alliance News) - Stock prices in London were mostly higher at midday on Tuesday as investors digested hawkish comments from the head of the US Federal Reserve, while also keeping tabs on the chances of a peace settlement in Ukraine.
Read more(Alliance News) - The following is a summary of top news stories Tuesday.
Read moreLONDON, March 22 (Reuters) - British bank Barclays said on Tuesday disruption in energy markets since Russia's invasion of Ukraine could hamper its ability to meet its carbon emission reduction targets.
Read more(Alliance News) - Stock prices in London opened mostly higher on Tuesday with banks among the best performers in the FTSE 100 following hawkish comments from the US Federal Reserve.
Read moreLONDON, March 21 (Reuters) - The Bank of England said on Monday it planned to delay implementing a final set of post-financial crisis capital requirements for banks until January 2025, bringing Britain in line with the European Union in a move that banks welcomed.
Read more(Sharecast News) - A top US central bank official projected a total of six interest rate hikes for throughout 2022 in order to get the price of money back to neutral as quickly as possible - which was the Federal Reserve's goal.
Read moreLONDON, March 17 (Reuters) - HSBC is buying a plot of virtual real estate in an online gaming space called The Sandbox for an undisclosed sum, the bank's first major foray into the metaverse as it shrinks its UK branch network.
Read more(Sharecast News) - The US central bank hiked interest rates as expected and said it was now clear that rates needed to be raised and that balance sheet run-off should begin.
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