Tag: Finance
Ethnicity next step in UK financial sector diversity
Britain’s financial watchdog will publish requirements within a year for boosting ethnic diversity. This is among employees in finance, and by using targets and...
Temasek buys Bridgepoint’s Element materials
The London-listed private equity firm, Singaporean state-owned investor Temasek has acquired Element Materials Technology Group from Bridgepoint. The terms of the deal were not...
UniCredit unlikely to pursue deal for Russia’s Otkritie
UniCredit is unlikely to pursue a deal for Moscow-based lender Otkritie Bank. This was heard after Russian daily Kommersant reported that Italy’s second-biggest bank had lost interest....
European shares tumble in global selloff
European stocks slumped to mark a third week of losses. This is as jitters over monetary policy tightening by central banks this year. Weak economic...
No Evergrande fallout in Britain
Bank of England Governor Andrew Bailey said that resolving Chinese property developer Evergrande Group’s struggle with $300 billion in liabilities has been fairly protracted. But...
Sterling’s early gains fizzle
The British pound’s early gains evaporated and it turned lower. This is because the investors consolidated bets ahead of a Bank of England meeting, which is...
Fed rate view brightens European bank stock outlook
European bank shares rose further above a three-year high, boosted by the U.S. Federal Reserve’s signal that it could raise rates faster than expected....
Euro zone inflation hits 5%
Euro zone inflation rose unexpectedly, likely making for more uncomfortable reading at the European Central Bank. This has consistently underestimated price pressures and come...
FTSE 100 hits fresh 1-1/2 year high
Britain’s FTSE 100 rose in the first trading session of 2022. This is after its best annual gain in five years. That too after...
Credit Agricole seen vying with BPER
The owner of Carige said that it could decide which bid for the ailing Italian lender to pursue, following reports of an offer by...
