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LONDON, Feb 28 (Reuters) - British banks or companies working with any aspect of Russian President Vladimir Putin's administration should think carefully about whether their actions are propping up his "regime", a spokesman for Prime Minister Boris Johnson said on Monday.
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(Sharecast News) - HSBC has told staff to start winding down relations with a number of Russian banks, including VTB, the country's second-largest lender, it was reported on Monday.
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(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read moreLONDON, Feb 28 (Reuters) - British bank HSBC is beginning to wind down relations with a host of Russian banks including the second-largest, VTB, according to a memo seen by Reuters, as financial institutions start to implement restrictions on Russia.
Read moreLONDON, Feb 28 (Reuters) - British bank HSBC is beginning to wind down relations with a host of Russian banks including the second-largest, VTB, according to a memo seen by Reuters, as financial institutions start to implement restrictions on Russia.
Read moreFRANKFURT/LONDON/NEW YORK, Feb 24 (Reuters) - Financial firms from Frankfurt to Wall Street suffered heavy share price falls on Thursday as they grappled with the impact of Russia's invasion of Ukraine, digested newly-imposed sanctions and rushed to advise clients on how to respond.
Read moreNumis Corp PLC - London-based stockbroker and investment bank - Hires Richard Hennity as independent non-executive director, starting immediately. Hennity is chief legal & risk officer of the international division of FTSE 100 gambling operator Flutter Entertainment PLC, previous to which he held senior positions at lender HSBC Holdings PLC. Subject to regulatory approval, Hennity will chair the Numis board's risk committee.
Read moreLONDON, Feb 24 (Reuters) - Britain's largest high street bank Lloyds posted a jump in annual profits on Thursday but was dented by further costs for past misdeeds, as the lender laid out a fresh strategy under new CEO Charlie Nunn.
Read moreMEXICO CITY, Feb 23 (Reuters) - Executives for London-based HSBC, which controls one of the largest banking operations in Mexico, have told investors the chain is not interested in buying out Citigroup's consumer bank in the country, known as Banamex.
Read moreLONDON, Feb 23 (Reuters) - British Prime Minister Boris Johnson told finance chiefs that he wants the next batch of sanctions against Russia to be the toughest possible, a government source said on Wednesday.
Read more(Alliance News) - Bank of England Governor Andrew Bailey has called on banks to use restraint in paying bonuses to help keep inflation down as he warned the "least well off" will be hit hardest by the cost-of-living crisis.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read moreWASHINGTON/VIENNA/LONDON, Feb 22 (Reuters) - European banks on Tuesday were bracing for the fallout from fresh global sanctions as the Ukraine crisis escalated, although U.S. bank executives said they expected the industry to be insulated from major disruption after pulling back from Russia in recent years.
Read more(Alliance News) - Stock prices in London were mostly lower at midday on Tuesday as Russia prepared to send troops into two breakaway regions of Ukraine, though the FTSE 100 found support from oil majors and medical devices firm Smith & Nephew.
Read more(Sharecast News) - HSBC's growth accelerated in the fourth quarter of 2021 as the bank almost doubled its pretax profit but the bank's outlook was muted.
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