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LONDON, Sept 19 (Reuters) - Richard Lambert, the former director general of the Confederation of British Industry, has been appointed by Britain's biggest banks to set up a new independent body monitoring standards within the industry. Lambert will design and chair the organisation, which w
Read moreLONDON, Sept 19 (Reuters) - Britain's Standard Chartered has appointed two top public servants - a U.S. attorney and a British financial services regulator - to improve compliance at the bank. David Fein will be the bank's general counsel and Jean Moorhouse its head of prudential regulator
Read moreBy Chris Vellacott LONDON, Sept 18 (Reuters) - Britain's financial regulator is investigating whether two life insurance companies breached new rules that ban the offering of commissions to financial advisers for selling their products. The Financial Conduct Authority (FCA) said on We
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After a range-bound morning session, markets sunk into the red on Wednesday afternoon as investors reduced their appetite for risk ahead of the Federal Reserve policy decision later this evening. The FTSE 100 closed 11.35 points lower at 6,558.82, the index's second day in negative territory after
Read moreEngineering firm Smiths Group was the top riser after raising its full-year dividend by four per cent and returning 118m pounds to shareholders by way of a special dividend as annual results came in slightly ahead of analysts' estimates. ARM Holdings was looking up on the back of generally positive
Read moreStocks in the banking sector were among the highest risers on Wednesday as share prices rebounded following some heavy falls the day before. UK domestic bank Lloyds was towards the top of the pack on the FTSE 100 after bearing the brunt of the selling action on Tuesday. Shares in the part-nationa
Read moreBRUSSELS, Sept 18 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS None NEW LISTINGS -- Private equity firm Cinven to buy German life insurer Heidelberger Leben from British
Read moreMarkets were rangebound on Wednesday morning as investors showed nervousness ahead of the all-important Federal Reserve policy decision later this evening. UK stocks were registering moderating gains by midday but just 19 points separated the FTSE 100's intraday low (6,568) and high (6,587) as trad
Read more* Sale of stake expected by bankers for months * Loss on sale would be "acceptable" for Belgium -investor * Belgian govt, BNP decline to comment BRUSSELS/PARIS, Sept 18 (Reuters) - The Belgian government may sell part of its 10.3 percent stake in French bank BNP Paribas to bring
Read moreMarkets opened broadly flat on Wednesday morning as investors refrained from building positions ahead of the conclusion of this month's all-important Federal Reserve policy meeting. However, with an announcement from the US central bank not due out until after markets close this evening, there will
Read moreRetail investors are likely to be able to join in the next sale of the government's stake in Lloyds, the Chancellor said yesterday. Flush from the success of the government's inaugural sale of some of its shares for 3.2bn pounds, George Osborne said: "I will consider all options for later sales of o
Read more(Corrects Swift Transportation item to say that the company presents at the Citi conference, while Con-way participates at the Morgan Stanley conference) Sept 17 (Reuters) - Some U.S. stocks on the move on Tuesday: WALL ST EDGES UP, EXPECTS FED TAPERING WILL BE MODEST U.S. stock
Read moreStocks extended losses by the end of trade on Tuesday as investors trimmed positions ahead of the much-anticipated Federal Reserve policy meeting tomorrow. Weighing on markets were heavy falls in the banking sector, with Lloyds sinking after the government placed a 6% stake at a 3.1% discount to ye
Read more(For more market insights, including options activity, click on ; for the Day Ahead newsletter http://link.reuters.com/mex49s;for the Morning News Call newsletter, http://link.reuters.com/nex49s) Sept 17 (Reuters) - Some U.S. stocks on the move on Tuesday: WALL ST EDGES UP, EXPECTS
Read more(For more market insights, including options activity, click on ; for the Day Ahead newsletter http://link.reuters.com/mex49s;for the Morning News Call newsletter, http://link.reuters.com/nex49s) Sept 17 (Reuters) - Some U.S. stocks on the move on Tuesday: WALL STREET EDGES UP AS FE
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