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  • Lloyds to net millions as RBS settles over Goodwin cash call

    Royal Bank of Scotland (LSE: RBS.L - news) (RBS) is to pay out millions of pounds to a rival state-backed lender as part of a settlement of shareholders' legal claims to be unveiled next week. Sky News has learnt that Scottish Widows, the insurance and pensions division of Lloyds Banking Group, will be among the recipients …

  • RBS on brink of huge payouts over Goodwin’s £12bn rights issue

    The state-backed Royal Bank of Scotland (LSE: RBS.L - news) (RBS) is this weekend on the verge of agreeing to pay out hundreds of millions of pounds to shareholders over a £12bn fundraising led by former boss Fred Goodwin, even as its executive responsible for conduct and regulatory matters prepares to quit the lender. …

  • EU banks at risk from bad loans, low profit: regulator

    Italy's Prime Minister Matteo Renzi delivers a speech during a campaign meeting upon a referendum on constitutional reforms, on December 2, 2016 in Florence

  • Deutsche Bank AG (IOB: 0H7D.IL - news) has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense. The preliminary settlement was filed on Friday with the U.S. District Court in Manhattan, …

  • The U.S. unemployment rate fell to a nine-year low of 4.6 percent in November, as employers added another 178,000 jobs, making it almost certain that the Federal Reserve will raise interest rates later this month. The unemployment rate hit its lowest level since August 2007 because more people found work but also because …

  • European shares ended weaker after slipping earlier on Friday to a three-week low as investors traded cautiously before a referendum on constitutional reform in Italy that could trigger fresh political ...

  • LONDON, Dec (Shanghai: 600875.SS - news) 2 (Reuters) - Britain's top share index edged downwards to a 2-week low on Friday as investors avoided risky bets heading into the weekend of Italy's constitutional referendum, with bank shares leading the declines. The blue-chip FTSE 100 closed down 0.3 percent, taking its loss …

  • Two years ago we were promised a 'fairer NatWest'. Now the promise is being scrapped

  • Barclays offers customers new DIY investment service Telegraph - Fri, Dec 2, 2016 14:53 GMT

    Barclays offers customers new DIY investment service

  • Form 8.3 - Alternative networks Business Wire - Fri, Dec 2, 2016 14:21 GMT

    LONDON--(BUSINESSWIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) ...

  • Royston Wild looks at two London losers that could keep on sinking.

  • The brokers that let you hold cash in dollars Telegraph - Fri, Dec 2, 2016 13:15 GMT

    The brokers that let you hold cash in dollars

  • These FTSE 100 stocks are undeniably cheap Fool.co.uk - Fri, Dec 2, 2016 12:59 GMT

    Roland Head asks whether now is the right time to buy these big-cap bargain stocks.

  • Form 8.5 - LONDON STOCK EXCHANGE GROUP PLC Business Wire - Fri, Dec 2, 2016 12:08 GMT

    LONDON--(BUSINESSWIRE)-- FORM 8.5 (EPT/NON-RI) PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT ...

  • Form 8.5 (EPT/NON-RI)- DEUTSCHE BOERSE AG Business Wire - Fri, Dec 2, 2016 12:07 GMT

    LONDON--(BUSINESSWIRE)-- FORM 8.5 (EPT/NON-RI) PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT ...

  • MOVES-HSBC reshuffles debt syndicate, Gardiner moves to DCM Reuters - UK Focus - Fri, Dec 2, 2016 11:06 GMT

    By Helene Durand LONDON, Dec 2 - HSBC has reshuffled its European bond syndicate desk, according to an internal memo seen by IFR, as the bank continues to reorganise its business following the arrival ...

  • European shares hit 3-week low before Italian vote Reuters - UK Focus - Fri, Dec 2, 2016 10:39 GMT

    European shares fell to a three-week low on Friday as investors stayed cautious before a referendum in Italy that could trigger fresh political uncertainty in the region. The pan-European STOXX 600 index ...

  • TREASURIES-Yields extend surge as oil, Trump boost inflation bets Reuters - UK Focus - Thu, Dec 1, 2016 20:35 GMT

    U.S. Treasury yields surged on Thursday with benchmark yields touching their highest levels in roughly a year and a half on expectations that gains in oil prices and U.S. President-elect Donald Trump's ...

  • Italy outshines weaker European shares as referendum worries ease Reuters - UK Focus - Thu, Dec 1, 2016 18:25 GMT

    Italian shares rose to a three-week high on Thursday, outshining weaker European markets, with banks in demand as concerns eased over Sunday's referendum on Prime Minister Matteo Renzi's constitutional ...

  • U.S. factory activity at five-month high, bottlenecks emerging Reuters - UK Focus - Thu, Dec 1, 2016 18:08 GMT

    WASHINGTON, Dec (Shanghai: 600875.SS - news) 1 (Reuters) - U.S. factory activity accelerated to a five-month high in November amid a pickup in new orders and production, suggesting that the manufacturing sector was regaining its footing after a prolonged slump. Thursday's report from the Institute for Supply Management …

  • Better Buy: Barclays plc vs HSBC Holdings plc? Fool.co.uk - Thu, Dec 1, 2016 15:40 GMT

    Are Barclays plc (LON: BARC) shares a better buy than HSBC Holdings plc (LON: HSBA)?

  • Form 8.3 - ALTERNATIVE NETWORK Business Wire - Thu, Dec 1, 2016 15:04 GMT

    LONDON--(BUSINESSWIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) ...

  • Form 8.5 (EPT/NON-RI) - LONDON STOCK EXCHANGE GROUP PLC Business Wire - Thu, Dec 1, 2016 13:51 GMT

    LONDON--(BUSINESSWIRE)-- FORM 8.5 (EPT/NON-RI) PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT ...

  • Markets swing violently against Italy without clear idea of outcome Reuters - UK Focus - Thu, Dec 1, 2016 11:51 GMT

    LONDON, Dec (Shanghai: 600875.SS - news) 1 (Reuters) - Speculators convinced the euro zone faces fresh instability have zeroed in on Italy's constitutional reform referendum on Sunday, amassing huge bets on a slump in Italian banks and bonds should Prime Minister Matteo Renzi lose the vote. Blindsided by skewed bookmakers' …

  • StanChart hires former top Barclays lawyer as new General Counsel Reuters - UK Focus - Thu, Dec 1, 2016 11:28 GMT

    Standard Chartered has hired Barclays' top regulatory lawyer Chris Allen as its new general counsel, clients and products, sources with direct knowledge of the matter said on Thursday. Allen will join ...

  • UK court adjourns Barclays Qatar case until May Reuters - UK Focus - Thu, Dec 1, 2016 11:02 GMT

    LONDON, Dec (Shanghai: 600875.SS - news) 1 (IFR) - A London court case in which one of Barclays (LSE: BARC.L - news) ' most senior investment bankers is claiming unfair dismissal has been postponed until May. Richard Boath, former co-head of global finance in EMEA, is suing Barclays in a pay dispute and for unfair dismissal. …

  • Ulster Bank a key part of RBS' post-Brexit options-CEO Reuters - UK Focus - Thu, Dec 1, 2016 10:45 GMT

    Britain's vote to leave the European Union has strengthened the strategic importance of Ulster Bank to RBS and the Irish lender is a key part of its parent group's post-Brexit planning, Ulster Bank's chief ...

  • Bank of England says new Term Funding Scheme sees little uptake in Q3 Reuters - UK Focus - Thu, Dec 1, 2016 10:11 GMT

    LONDON, Dec (Shanghai: 600875.SS - news) 1 (Reuters) - A new Bank of England programme designed to make lenders pass on the Base interest Rate cut to households saw little uptake in the third quarter, Bank of England data showed, with only one lender borrowing from it. The Bank of England launched the Term Funding Scheme …

  • Oil jumps over 10 pct as OPEC finalizes output cut deal Reuters - UK Focus - Wed, Nov 30, 2016 20:18 GMT

    Oil soared more than 10 percent on Wednesday to over $50 a barrel and its highest in a month as some of the world's largest producers agreed to curb production for the first time since 2008 in a bid to support prices. Crude prices rose nearly 5 percent for the month. The cut will put production at the low end of a preliminary …

  • Markets win boost as OPEC nails oil cut AFP - Wed, Nov 30, 2016 18:00 GMT
    Markets win boost as OPEC nails oil cut

    In mid afternoon trading, Paris and London stock markets rose around one percent in value compared with Tuesday's close

  • European equities powered by OPEC deal; Italy outperforms Reuters - UK Focus - Wed, Nov 30, 2016 17:50 GMT

    MILAN/LONDON, Nov 30 (Reuters) - European shares hit a three-week high on Wednesday, ending the month in positive territory, with energy stocks racing higher as oil prices jumped after a deal to curb global oversupply. The European oil and gas index rose 3.4 percent, its best day since end-September, after oil prices …

  • Surging oil price pushes Britain's FTSE higher Reuters - UK Focus - Wed, Nov 30, 2016 17:21 GMT

    Britain's top share index rose on Wednesday, led by rebounding energy stocks after oil prices surged to their biggest one-day gain in nine months when major producers agreed to output cuts to curb oversupply. ...

  • OPEC effect helps sterling to best month vs euro since 2009 Reuters - UK Focus - Wed, Nov 30, 2016 17:04 GMT

    Sterling surged back to an 11-week high against the euro in late trade in London on Wednesday, racking up its best month since January 2009 as a deal to cut OPEC oil output weakened the single currency against the dollar. "The most interesting stuff that is going on at the moment is OPEC and the influence that it is having …

  • Oil price rally helps Britain's FTSE edge higher Reuters - UK Focus - Wed, Nov 30, 2016 16:57 GMT

    Britain's top share index rose slightly on Wednesday, led by rebounding energy stocks as oil prices jumped after a deal to curb global oversupply, though banking stocks slipped after Royal Bank of Scotland ...

  • German bond yields rise on reports of OPEC production cut Reuters - UK Focus - Wed, Nov 30, 2016 16:02 GMT

    Germany's benchmark bond yields rose on Wednesday as oil prices surged after sources told Reuters OPEC had agreed to limit crude output. U.S. Treasuries led the global bond sell-off, with 10-year yields rising 8 basis points to 2.38 percent after Brent crude at one point topped $50 a barrel, erasing Tuesday's losses, as …

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