Revealed: The City of London’s top dealmakers of 2023 February 14, 2024 2023 was not a vintage year for dealmaking in the City but there was still plenty of scope for dealmakers to ply their trade.
Barclays set to unveil annual profit drop as restructuring costs offset higher interest income February 14, 2024 Barclays' annual profits are set to be dragged down by £825m in costs tied to a major restructuring as the bank prepares to reveal more details about the plan to shore up its balance sheet.
Why are UK banking stocks doing so badly despite bumper profits? February 13, 2024 The UK's biggest banks are set to post bumper annual profits when they report their 2023 results in the coming weeks. But why are they not being rewarded on the stock market?
Parcel deliverer Yodel saved from brink by fast growing rival Shift February 13, 2024 Parcel delivery group Yodel has been saved from the brink of collapse by rapidly-scaling competitor Shift overnight.
FTSE 100 close: London flat as investors await health check on UK economy, real estate merger creates £2.6bn fund February 12, 2024 Investors were largely sitting on their heads ahead of a packed calendar of data releases.
Big banks set for bumper annual profits as interest rates peak February 12, 2024 Britain's biggest banks are set to report strong annual profits over the next two weeks despite mounting margin pressure from a likely peak in interest rates.
Investment banks cut job vacancies in half as dealmaking slump hits recruitment and bonuses February 12, 2024 Major investment banks have cut their number of UK job vacancies in half over the last year as a dealmaking slump puts a strain on recruitment and bonuses.
Investors pressure HSBC over oil and gas funding transparency February 11, 2024 The company has come under fire for not disclosing emissions as part of its capital markets strategy involving oil and gas companies
Evri: Private equity owners prep parcel giant for £2bn sale February 11, 2024 Evri's private equity owners are prepping a mega £2bn sale of the parcel delivery firm, according to reports.
FTSE 100 close: London closes another disappointing week in the red February 9, 2024 Shares in Tesco climbed after Barclays confirmed that it was buying the supermarket's retail banking arm for around £600m.