City sources predict the FTSE 100 will open up 15 points from yesterday's close of 5,530 ahead of the Bank of England's interest rate announcement, due out this morning. The figure is widely expected to remain at the same level and no expansion of the quantitative easing programme is predicted. Full year underlying profits at telecoms titan BT were slightly ahead of expectations even though revenue was a bit on the light side. Underlying profit before tax in the year to March 31st rose 17% to £2,421m, versus expectations of £2,412m. Earnings before interest, tax, depreciation and amortisation (EBITDA) edged up 3% to £6,064m. Full year revenue slipped 4.0% to £19,307m, versus market expectations of £19,357m. Underlying revenue excluding transit revenue was down 1.9% for the year, within the group's target range.The reshaping of global banking colossus HSBC continues with the group confirming it is talks about the possible sale of its operations in Colombia, Peru, Uruguay and Paraguay. The group is engaged in a process of dispensing with non-core businesses. Last month it said it was in talks to sell its operations in Pakistan and its Retail Banking and Wealth Management business in Korea. Risk, savings and investment management provider Legal and General has appointed its Chief Financial Officer Nigel Wilson as its new Chief Executive Officer, replacing Tim Breedon when he steps down from the board next month. Wilson joined the firm back in September 2009 and his appointment follows a "thorough and exhaustive process conducted by the board under the Chairman's leadership and with the assistance of a leading executive search firm," the group said.