Lords Group completes refinancing of GBP70 million lending facilities
(Alliance News) - Lords Group Trading PLC on Thursday said it has completed the refinancing of its exiting GBP70 million lending facilities.
Read more(Alliance News) - Lords Group Trading PLC on Thursday said it has completed the refinancing of its exiting GBP70 million lending facilities.
Read moreNatWest Group PLC - Edinburgh, Scotland-based lender - Announces results of cash tender offer for its outstanding 5.125% subordinated Tier 2 notes due 2024. Says USD339.7 million of outstanding notes validly tendered by April 3. Estimates that impact of tender on its second quarter results will be minimal. Settlement date is expected to be April 5.
Read moreNatWest Group PLC - Edinburgh-headquartered lender - Prices cash tender offer for its outstanding 5.125% subordinated tier 2 notes with a maturity date of May 28, 2024. Purchase price is USD996.76 per USD1,000 based on a 4.064% reference yield and the fixed spread of 135 basis points. Principal amount currently outstanding is USD876.1 million out of USD2.25 billion issued.
Read more(Alliance News) - Stocks were mixed at midday in London on Monday, as heavyweight oil stocks in the FTSE 100 were boosted by a surprise Opec+ production cut, but mid-cap shares suffered from a weak reading on the UK factory sector.
Read moreLONDON, April 3 (Reuters) - Banks are overly reluctant to tap their cash buffers in volatile markets, fearing adverse reaction from regulators and markets, and changes to the rules may be needed, the Bank of England said on Monday.
Read more(Alliance News) - UK Government Investments Ltd on Monday said it has agreed to extend, for the second time, the sale of part of the Treasury's shareholding in NatWest Group PLC.
Read moreLONDON, April 3 (Reuters) - The British government has extended a trading plan to help cut the taxpayer's stake in NatWest by another two years, as it chips away at its remaining 41.5% holding with small sales after a recent bout of global banking volatility.
Read more(Alliance News) - Stocks in London opened higher on Monday morning, ahead of a slew of PMI scores in Europe and the US, whilst oil prices surged after a surprise Opec production cut.
Read more(Sharecast News) - The UK government has extended plans to sell down its stake in NatWest Group.
Read more(Alliance News) - Two of the UK's biggest banking groups have announced plans to make big cuts to their branch networks this year, cutting more than 80 sites from around the country.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read moreLONDON, March 30 (Reuters) - Britain on Thursday launched a long-awaited consultation on reforming rules brought in after the global financial crisis to make top bankers accountable for their decisions, saying a globally competitive finance sector is key to economic growth.
Read moreLONDON, March 30 (Reuters) - Britain on Thursday launched a long-awaited consultation on reforming rules brought in after the global financial crisis to make top bankers accountable for their decisions, saying that keeping the finance sector globally competitive was key for driving economic growth.
Read moreLONDON, March 29 (Reuters) - The Bank of England on Wednesday told regulators to move fast to toughen rules for funds used by Britain's pension industry which nearly collapsed last year after former Prime Minister Liz's Truss's "mini-budget."
Read more(Alliance News) - Large-cap equities in Europe went into Wednesday afternoon on the front foot, with the market mood lifted by a rally in Chinese technology shares and continued optimism that a full-blown banking crisis will be averted.
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