FTSE 100 today: London markets set for muted open amid sparse economic calendar July 9, 2024 Asian markets mirrored Wall Street's rise, with gold prices edging up. All eyes are on Federal Reserve Chair Jerome Powell's testimony.
Metro Bank revives multibillion-pound mortgage sale after rescue July 8, 2024 Metro Bank has revived a plan to sell a multibillion-pound chunk of its mortgage book after being rescued from potential collapse last year.
Knights Group’s growth continues as it breaks key profit barrier July 8, 2024 Legal and professional services firm Knights Group provided another boost to investors on Monday, reporting double-digit profit growth and revenue in line with ambitious expectations.
Deutsche Bank starts cutting jobs at Numis after merger July 4, 2024 Deutsche Bank has started cutting jobs at Numis after the German giant acquired the City-based investment bank for £410m last October.
Barclays to sell German consumer finance business in latest European disposal July 4, 2024 Barclays has struck a deal to sell its German consumer finance unit to Vienna-based financial group Bawag as the FTSE 100 lender tries to streamline its operations in continental Europe.
JPMorgan overtakes Barclays in UK deal fee ranking in blow to investment bank July 3, 2024 JPMorgan has jumped ahead of Barclays to take the top spot in a UK deal fee league table in a blow to the British lender's investment banking ambitions.
Revolut keeps ‘open mind’ on possible IPO venue as it hints at listing plans July 2, 2024 The chair of Revolut has said the fintech would “keep an open mind” on a potential listing venue as its latest results hinted at plans for a much-anticipated IPO.
Bank of England should become more like the Fed to stem bond losses, Barclays says July 2, 2024 The Treasury is having to shoulder heavy losses from QE, which is attracting a lot of political attention given the parlous state of the public finances.
Motor finance test cases against Close Brothers and Firstrand head to Court of Appeal July 2, 2024 A test case containing three cases relating to motor finance commission will be heard at the Court of Appeal this week.
Panmure Liberum adds two new units and names top team after merger July 1, 2024 Panmure Liberum has launched two new divisions and confirmed its executive team after the completion of the landmark merger between two of the City's leading brokers.