Lloyds Banking Group PLC (LSE: LLOY) reported robust first-quarter results, surpassing expectations and recording a 46% increase in profit.
Lloyds Banking Group PLC (LSE: LLOY) reported robust first-quarter results, surpassing expectations and recording a 46% increase in profit.
Today, in the midst of the recent banking turmoil, the US Treasury Secretary, Janet Yellen, will chair an impromptu meeting with the leaders of America’s financial regulatory bodies.
According to S&P Market Intelligence data, the cost of credit default swaps for Deutsche Bank – Germany’s largest bank – hit a four-year high today. This comes as shares in
On Tuesday, gold prices saw a slight increase as investors eagerly anticipate the Federal Reserve policy meeting.
Due to the recent banking crises in the US and Europe, gold prices have exceeded $2,000 per ounce for the first time in over a year.
During a tumultuous week in the market, it was inevitable that some small-cap companies would suffer losses, particularly those in the natural resources sector. Yet it was the banking sector
The rising costs of staff are also a concern. This week’s report by Goldman on UK bankers receiving £350,000 in bonuses highlights the problem.
As we look ahead to this week and November brings a plethora of news and announcements with more FTSE 100 companies in focus, with British Airways owner IAG, BT and
There will be a lot of UK macroeconomic data this week. Inflation and jobs numbers are big-ticket items. Retail sales numbers are on Friday.
Standard Chartered and HSBC are both due to report. Also, Rolls Royce, the engine manufacturer, and insurer Legal & General, Taylor Wimpey, the housebuilder, and exchange operator LSE Group, are
By CCN: Some of the world’s biggest banks are partnering with London-based Fnality International to create a blockchain digital currency for faster cross-border transfers.