‘Don’t tell anyone’: Whatsapp messages exposed £400m ‘Essex boys’ traders to US lawsuit April 13, 2022 A group of traders dubbed ‘the Essex boys’, who made more than £400m profit in a day of frenzied oil trading in 2020, exposed themselves to a US lawsuit due to a Whatsapp exchange, it has been revealed.
London lender Capital on Tap gets $200m backing for US push April 13, 2022 Small business lender Capital on Tap has bagged a $200m funding facility from HSBC and Värde Partners as it eyes a US growth spurt.
BlackRock profits soar as funds notch $114bn inflows April 13, 2022 Asset management giant BlackRock sailed past profit estimates today after investors poured cash into its index and active traded funds in the first three months of the year.
Plus500 rolls out $50m buyback programme after bumper results April 13, 2022 Fintech trading firm Plus500 has unveiled a $50m share buyback today after reporting bumper revenues for the first quarter of the year yesterday.
London fintech Stenn bags $50m as it looks to fill funding gap for trade SMEs April 12, 2022 A London based financing fintech has bagged a $50m injection today as it looks to fill a funding gap for smaller trade-focused firms.
Apple eyeing $90bn buyback and dividend hike as coffers overflow April 12, 2022 Apple could unleash $90bn worth of share buybacks and unveil bumper dividend payouts as bosses look to burn off excess cash, a top analyst has predicted.
Liontrust weathers £400m outflows following loss of investment mandate April 12, 2022 Asset manager Liontrust has weathered heavy outflows in the first quarter of this year after the loss of an investment mandate saw investors pull £400m from its funds.
Morrisons slapped with ‘speculative’ rating after takeover leaves chain saddled with debt April 12, 2022 Morrisons has been slapped with a ‘speculative’ rating by a top credit agency after the private equity takeover of the chain last year left it saddled with debt.
Terrible Tuesday for Rolls-Royce as shares plunge after JP Morgan downgrades firm and slashes target price April 12, 2022 Shares in engineering giant Rolls-Royce tanked this morning after bankers at JP Morgan downgraded the stock to ‘underweight’ and slashed its target price.
London Stock Exchange Group shares tumble as broker raises questions over revenue growth April 12, 2022 Shares in the London Stock Exchange Group have plunged this morning as a top broker raised questions over the firm’s long term revenue growth.
