Hints and tips:
...It will also sell its entire 20 per cent stake in domestic supermarket chain Seiyu to US investment fund KKR. Proceeds from disposals come on top of $1.8bn from bonds Rakuten issued in February....
...“My manager and an attorney discovered five forged wills of mine, 67 bank accounts, 102 Mastercards and Visas....
...Norway responded by saying it planned instead to disburse 530m krone ($62m) for 2016-17 action on deforestation to the Indonesian Environment Fund, a body established only in late 2019....
...Moral: keep your money in a safe place (Kevin steals the “life savings” from his brother Bud)....
...After this mass departure of 17,000 brokers to its New York rival, bankers at Citi, which had previously “only focused on being the biggest”, were able to move away from distributing quotas of internally...
...of the bank’s move to cloud services....
...mn) should fund increased capital expenditure and help reduce financial leverage (from 0.6x net debt/EBITDA in FY20E to net cash of c.£80mn in FY23E)....
...Revenues -21.9% to £1,162.9m due to project delays & cancellations as highlighted over the year, with adj. operating profit of £17.9m in-line with re-based guidance of £17-19m from December. Adj....
...The economic calendar is light (all times London): 10.00: eurozone consumer price index 16.00: Bank of England governor Mark Carney speaks at International Monetary Fund The markets at 07:56 Asian markets...
...(1.17) $/¥ 109.34 (109.53) £/$ 1.29 (1.29) €/£ 0.9101 (0.9106) Commodities ($) Brent Crude (ICE) down -0.04 at 50.99 Light Crude (Nymex) down -0.03 at 47.06 100 Oz Gold (Comex) up +0.40 at 1,287 Copper...
...SwapClear saw client trades increase by a third, and members of the platform up from 102 to 106; while ForexClear saw members up from 23 to 27....
...As a result, underlying profit before tax was £2m, compared with £1.5m in the fourth quarter of 2016. Customer accounts rose by 72,000 to 987,000....
...This was helped by strong performances from UK and Ireland general insurance, fund managers Aviva Investors, and a full-year contribution from the acquisition of Friends Life, with its associated cost synergies...
...-4.95 (-0.12%) at 4,269 Dax down -3.37 (-0.03%) at 9,773 Currencies €/$ 1.11 (1.11) $/¥ 102.70 (102.46) £/$ 1.33 (1.33) €/£ 0.8372 (0.8389) Commodities ($) Brent Crude (ICE) up +0.07 at 50.42 Light Crude...
...The group’s latest results come after the Bank of England slashed interest rates to a fresh record low of 0.25 per cent in August, placing further pressure on net interest income, a measure of earnings from...
...The devaluation in 1949 (from $4.03 to $2.80) marked a major market turning point — a three-year bear market came to an end that November (the FT Index fell below 100 for one day — it then ended 1950 at...
...In order to raise revenue, which is required to fund spending commitments I am making today, it will rise from 10% currently, to 12% from next June....
...French banks account for four of the 10 banks with the highest exposure....
...Pimco’s, in contrast, were down 3.2 per cent at €1.2bn. AGI now accounts for a quarter of Allianz Asset Management’s €1.6bn in revenues, up from 17 per cent in 2013....
...At 1230 BST, the European Central Bank publishes an account of its latest monetary policy meeting....
...It doesn’t even account for takeovers. These are currently surging. Of course, such back-of-a-fag-packet calculations don’t allow for growth in the capital value of quoted shares....
...He has been seen as a contender for the chairmanship of the UK-based bank....
...The US central bank announced a quarter-point increase in the target range for the federal funds rate to 0.25-0.5 per cent, lifting it from the historic lows it has occupied since December 2008....
...(FT) Le Pen secret fund suspicions French judicial authorities are considering investigating allegations that Jean-Marie Le Pen concealed funds in a Swiss bank account....
...(FT) In the news HSBC’s Swiss secrets leaked Leaked secret bank account files have revealed how HSBC’s Swiss private bank helped customers avoid taxes and conceal billions of dollars of assets, in some...
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