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...Nearly a third of the companies that received coronavirus loans from the Bank of England are either based in, or substantially owned by, a tax haven resident, according to TaxWatch UK, a think-tank....
...Pre-tax profits improved to £401m from £379m a year ago although its net interest margin – a key metric in banking that indicates the difference between the amount banks earn in interest from borrowers and...
...The protesters seized buildings in Kharkiv, Donetsk and Lugansk on Sunday....
...(Financial Times) Bad loan writedowns soar at China banks: In the latest indication of the turbulence now buffeting China’s financial system, the five biggest Chinese banks, which account for more than...
...Late positive news also included reports that almost $700m in funds missing from customer accounts at MF Global had been tracked down at JPMorgan Chase, which seized many of MF’s accounts as collateral when...
...Emerging Markets MSCI Emerging Market Index down -0.06% at 1,155 Europe FTSE down -0.07% at 5,851 RTF down -0.07% at 1,857 Wig Index down -0.24% at 49,520 FTSE 300 Eurotop down -0.39% at 1,107 Americas...
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