Bank of England to take centre stage for markets amid continuing fallout from Macron’s gamble June 16, 2024 In the last week alone BNP Paribas and Credit Agricole have lost around eight per cent while Societie Generale has lost nearly 11 per cent.
King’s birthday honours: London Stock Exchange boss among business leaders recognised June 14, 2024 The boss of the London Stock Exchange, Julia Hoggett, has been made a dame today in a list of over 1000 “change makers and innovators” to receive gongs in the King’s birthday honours list.
‘Disastrous for the UK’: How the MPs’ pension fund abandoned Britain’s stock market June 14, 2024 Jeremy Hunt and Rachel Reeves have been squaring up to the UK’s pension sector in recent months with threats to strong-arm money managers into backing homegrown British companies - but they may do well to look closer to home.
FTSE 100 today: London markets set to rebound, but fifth consecutive weekly losses loom June 14, 2024 Asian stocks slipped amid rising Europe-China trade tensions. The BOJ maintained rates. Eyes on US consumer confidence and import prices.
Peel Hunt losses double but bosses predict rebound in London listing market June 13, 2024 Losses at investment bank Peel Hunt more than doubled last year despite the bank predicting the first signs of a “recovery” in London’s IPO market.
Regulators should stamp out ‘opportunistic’ exits from London Stock Exchange, says top broker June 13, 2024 City regulators should “tighten” the rules around exiting the London Stock Exchange to prevent “opportunistic” firms cancelling their listings and hammering shareholders, one of the City’s top brokers has said.
FTSE 100 today: London markets set to open lower amid reduced US Fed rate cut bets June 13, 2024 Asian markets mirrored Wall Street gains, Broadcom surged on a raised revenue forecast. Eyes on US producer prices and Treasury auctions.
Legal & General reveals sweeping overhaul and kicks off first share buyback in a decade June 12, 2024 Legal & General has revealed plans for a sweeping overhaul today including the merger of its two asset management arms and a first share buy back in over a decade, as new chief Antonio Simoes looks to set out a fresh direction for the company.
FTSE 100 today: London markets eye UK GDP for direction; US Fed policy decision key June 12, 2024 Asian markets hold steady despite Wall Street's record highs. Apple shares surge. All eyes on UK GDP, Fed rate decision, and US inflation.
China’s consumer inflation steady, factory prices dip in May June 12, 2024 China's consumer inflation remained stable in May, while the decline in producer prices showed signs of easing.