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  • *Shore Capital's equity capital markets profit up 60 pct. LONDON, March 30- In the land of the investment banking giants that stalk Europe's equity markets, a group of lesser-known advisory firms are treading on the toes of the big boys. Coming in at No.9 in terms of money raised, Cenkos has climbed above Barclays and tucked itself just behind Citigroup.

  • The first quarter is typically the strongest period of the year for investment bank income, and revenues for the top firms in the three months is likely to be up 7 percent from a year ago, analysts at JPMorgan said this week. FX volatility is up 30 percent in G7 currencies and volumes with it, and higher rates volatility is leading to higher trading volumes and...

  • NEW YORK, March 31- A month ago, it seemed inevitable: a massive global oversupply of crude oil production would overwhelm storage tanks in Oklahoma and fill supertankers off Singapore. Now, there are growing signs that the U.S. oil market can avoid the doomsday scenario in which it runs out of room to stockpile surplus crude, a development that oil traders worried...

  • UPDATE 9-Oil eases as big powers negotiate with Iran Monday, 30 Mar 2015 | 9:57 AM ET

    *More price falls seen as U.S. stocks are sold off- Barclays. LONDON, March 30- Oil prices slipped on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear programme that could bring an end to sanctions and allow an increase in Iranian oil exports. "Regarding Iran, there are two possible outcomes: a framework deal or an...

  • *Test puts HSBC, Standard Chartered in the spotlight. "By assessing the resilience of the UK banking system against a major external shock we will improve further our ability to identify vulnerabilities and we will ensure that banks have plans in place to address a wider range of possible stresses," BoE Governor Mark Carney said on Monday. That leaves six banks and...

  • *More price falls seen as U.S. stocks are sold off- Barclays. LONDON, March 30- Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear programme that could bring an end to sanctions and allow an increase in Iranian oil exports. "Regarding Iran, there are two possible outcomes: a framework deal or an extended...

  • POLL-Oil prices to stabilise as demand rises Monday, 30 Mar 2015 | 6:00 AM ET

    *Brent to average $59.20, U.S. crude $53.60 in 2015. The survey of 34 analysts predicted North Sea Brent crude would average $59.20 a barrel in 2015, up from around $55 so far this year. Brent is expected to rise to $72.10 in 2016 and $78.70 in 2017, the poll showed.

  • POLL-Oil prices to stabilize as demand rises Monday, 30 Mar 2015 | 6:00 AM ET

    *Brent to average $59.20, U.S. crude $53.60 in 2015. The survey of 34 analysts predicted North Sea Brent crude would average $59.20 a barrel in 2015, up from around $55 so far this year. Brent is expected to rise to $72.10 in 2016 and $78.70 in 2017, the poll showed.

  • *More price falls seen as U.S. stocks are sold off- Barclays. LONDON, March 30- Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear programme that could bring an end to sanctions and allow an increase in Iranian oil exports. "Regarding Iran, there are two possible outcomes: a framework deal or an extended...

  • SINGAPORE, March 30- Oil prices fell on Monday as the market focused on whether Iran and six world powers would reach a deal that could add fuel to an already oversupplied market if sanctions against Tehran are lifted. "Any relaxation of Iran oil sanctions could see increased exports adding to swelling global supplies and further pressuring prices," ANZ said on...

  • *More than 160,000 jobs lost across 24 banks in two years- data. LONDON, March 30- Top European and U.S. banks axed 59,000 jobs last year as they restructured and cut costs, with headcount expected to shrink further in Europe as bosses strive to improve profitability that has been hit hard by tougher regulation. "The screws will stay tight on headcount," said Aymen Saleh,...

  • *Novo Nordisk up 13 pct after deciding to submit drug data. LONDON, March 27- A top index of pan-European shares was set for its biggest weekly drop of the year on Friday, although it snapped a sharp two-day losing streak following a surge in Danish pharmaceuticals firm Novo Nordisk. At 1446 GMT, the FTSEurofirst 300 index of top European shares was up 0.4 percent at...

  • *Novo Nordisk up 13 pct after deciding to submit drug data. PARIS/ LONDON, March 27- European stocks rose on Friday, halting a sharp two-day retreat and helped by a surge in Novo Nordisk and a renewed fall in the euro, which supported exporters. Denmark's Novo Nordisk jumped 13 percent after the pharmaceutical firm said it would submit interim data from a clinical...

  • China's coal use falling faster than expected Thursday, 26 Mar 2015 | 5:00 PM ET

    *Coal for power dipped in 2014, expected to drop again. SINGAPORE/ BEIJING, March 27- China is reducing coal use for power generation faster than expected as the use of cleaner-burning fuels and slowing economic growth drags thermal utilisation rates to a potential record low, implying imports and prices will fall further. Coal still makes up nearly two-thirds...

  • *Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, the biggest daily gain in a month, as air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears that escalation of the Middle East battle could disrupt world crude supplies. The Saudi military operation against the Iran- backed...

  • NEW YORK, March 26- The U.S. dollar was on track for its biggest one-day gain against the euro in a week on Thursday after traders reestablished bullish bets on the dollar following recent weakness in the currency. Analysts said traders stepped in to repurchase the greenback after the euro hit $1.10525 earlier in the session, its highest since it hit a nearly...

  • *Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, rallying a second straight day, after air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears of a bigger Middle East battle that could disrupt world crude supplies. Pakistan, a Riyadh ally far away from the conflict, promised a "...

  • NEW YORK, March 26- The New York Federal Reserve officials tasked with prying interest rates off the floor have been meeting with bankers and traders to plot how best to do it, amid deep uncertainty over how much control they will really have over short-term lending markets. With the U.S. central bank expected to raise rates later this year, Simon Potter and his team...

  • *Iran says halt "aggressions"; security up at Kuwait oil sites. NEW YORK, March 26- Oil prices rallied for a second straight day on Thursday after Saudi Arabia and its Gulf Arab allies began air strikes in Yemen, sparking fears of a bigger Middle East battle that could disrupt world crude supplies. The military operation against Houthi rebels, who have driven the...

  • LONDON, March 26- From the shabby streets of east London, some of the brightest minds in technology and banking are plotting a revolution. Investment in fintech firms in Britain and Ireland swelled to $623 million last year, more than double the $264 million seen in 2013 and representing 42 percent of fintech investment in Europe, according to research by...