LONDON MARKET CLOSE: Stocks sharply lower amid SVB contagion fears
(Alliance News) - Stocks in London ended firmly lower on Monday as the fallout from the collapse of Silicon Valley Bank continued to ripple through markets.
Read moreWed, 26th Mar 2014 12:25
(Alliance News) - Stocks in London ended firmly lower on Monday as the fallout from the collapse of Silicon Valley Bank continued to ripple through markets.
Read more(Alliance News) - Shares were lower at midday in London on Monday, as bank shares suffered from the collapse of Silicon Valley Bank.
Read moreLONDON, March 13 (Reuters) - The Bank of England will carry out further study as it is not yet clear whether it needs to require banks and insurers to set aside longer-term capital buffers to provide for the consequences of climate change, it said on Monday.
Read moreGovernment working to protect customers from bank's collapse
*Read moreMarch 12 (Reuters) - Britain's biggest high street banks have been given a 24-hour deadline to rescue Silicon Valley Bank UK (SVB UK) from collapse as the Bank of England prepares to place it into an insolvency process, Sky News reported on Sunday.
Read more(Sharecast News) - Citi reiterated its 'buy' rating on Lloyds, NatWest, Barclays and Virgin Money on Friday.
Read more(Alliance News) - Castelnau Group Ltd on Monday said Ocula Technologies Holdings Ltd has received new investment from Lloyds Banking Group PLC and their financial technology investment team.
Read more(Alliance News) - Stock prices in London were deep in the red at midday on Friday as London-listed banks weighed down the FTSE 100 following a steep sell-off of peers across the Atlantic on Thursday.
Read more(Alliance News) - Stock prices in London fell sharply at Friday's open, as a positive UK GDP print was overshadowed by concerns for the health of the global financial sector.
Read moreLONDON, March 10 (Reuters) - Britain's financial watchdog said on Friday it expects the number of mortgage borrowers struggling to keep up with payments to rise at a much slower pace in the next 12 months than previously forecast because interest rate hikes will be more modest.
Read moreLONDON, March 7 (Reuters) - The Bank of England will decide by year end if tougher disclosure rules are needed for banks after the near meltdown in pension funds last September highlighted weaknesses in quantifying risks, it said on Tuesday.
Read moreLONDON, March 1 (Reuters) - An influential group of British lawmakers have questioned whether banks are making excessive profits without passing the benefit of central bank interest rate hikes on to savers, in a series of letters to bank bosses sent on Wednesday.
Read more(Alliance News) - A committee of MPs is pressing Britain's biggest banks to explain why some of their savings rates are still significantly lower than the Bank of England base rate.
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