Advertisement
UK markets close in 5 hours 39 minutes

  • FTSE 100

    8,087.16
    +46.78 (+0.58%)
     

  • FTSE 250

    19,727.28
    +7.91 (+0.04%)
     

  • AIM

    755.18
    +0.49 (+0.06%)
     

  • GBP/EUR

    1.1669
    +0.0024 (+0.21%)
     

  • GBP/USD

    1.2519
    +0.0057 (+0.46%)
     

  • Bitcoin GBP

    51,001.66
    -1,997.86 (-3.77%)
     

  • CMC Crypto 200

    1,362.74
    -19.83 (-1.43%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CRUDE OIL

    82.67
    -0.14 (-0.17%)
     

  • GOLD FUTURES

    2,338.80
    +0.40 (+0.02%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • DAX

    17,978.41
    -110.29 (-0.61%)
     

  • CAC 40

    8,043.51
    -48.35 (-0.60%)
     
Property:

How to sell your home

Top tips from property investors

BUZZ-I-banks: over to Europe

Reuters - UK Focus

** With major US investment banks' quarterly results out of the way focus shifts to European peers which will report Q2 results over the next 10 days

** Broad trends seen among US banks -- weak to sluggish FICC and IB revenue offsetting strong equities revenue -- expected to repeat in Europe, Goldman Sachs (NYSE: GS-PB - news) says

** Beyond results, strategy will be sharply in focus as 3 major European banks (Credit Suisse (NYSE: CS - news) , Deutsche Bank (Xetra: 514000 - news) and Barclays (LSE: BARC.L - news) ) have seen CEO changes in the past month

** Goldman says announcements on strategy are expected from Credit Suisse and Deutsche Bank for Q3/Q4 while Barclays has indicated in media that it may outline measures along with interim results

** The UK bank remains Goldman's best idea among European IBs while "neutral" rated Deutsche is its least preferred (RM (LSE: RM.L - news) : vikram.subhedar.thomsonreuters.com@reuters.net)