European shares closed lower on Thursday with investors reacting to quarterly earnings and some disappointing data from the euro zone.» Read More
European shares started the week on a positive note, closing higher, as U.S. stocks advanced near record high territory.
Lloyds Banking Group priced its high-profile flotation of a quarter of its TSB division at 220-290 pence per share on Monday.
*IPO priced at 220- 290 pence per share. LONDON, June 9- Lloyds Banking Group said on Monday it would sell a quarter of its shares in TSB, through a listing on the London stock market priced at below the business's book value.
LONDON, June 9- Lloyds Banking Group said on Monday it would sell a quarter of its shares in TSB, through a listing on the London stock market priced at below the business's book value. Lloyds, which must sell the business as a condition of its government bailout during the financial crisis, said the shares would be sold at between 220 pence and 290 pence each.
LONDON, June 6- The International Monetary Fund urged Britain to cool its housing market by reining in risky mortgages, the strongest warning yet from an international organisation about the risk of a property price bubble.
LONDON, June 6- The International Monetary Fund urged Britain to rein in risky mortgages to cool the housing market, the strongest warning yet from an international organization about the risk of a property price bubble. Britain's finance ministry and its central bank have said they are keeping a close eye on the housing market.
Crude pared gains on Wednesday, amid news that Ukraine's president-elect was working on a peace plan with Russia.
*ABN AMRO expects to grow its ship finance business in coming years. ATHENS, June 4- ABN AMRO is pumping billions of dollars into its shipping finance business as the sector looks to recovery- just as European rivals cut their exposure due to tougher capital constraints, the Dutch state bank's head of shipping said.
June 4- Caroline Ashrafi, who built a successful career as a manager at KPMG in Britain while privately struggling with mental health problems, recalls being sent on a management training course on how to retain talented women. She found that discussions- ostensibly intended to increase diversity in the workplace- had little to do with her.
Banking CEOs received an average pay rise of 10 percent last year as U.S. banks paid their heads more than their European rivals, the FT reports.
Politicians and many economists across Europe are convinced that a healthy small business sector is crucial to the region’s economic recovery.
Nationwide's chief executive said the price of homes in London could start to fall over the summer months amid signs that the housing market may be cooling.
European shares closed slightly higher on Tuesday, as the U.K.'s FTSE Index rose after being closed for a public holiday.
LONDON, May 27- Lloyds Banking Group expects to float about 25 percent of its TSB business on the London Stock Exchange next month, it said on Tuesday, kicking off a process regulators hope will create a vibrant challenger to Britain's dominant high-street lenders.
Lloyds Banking Group said on Tuesday it will float about 25 percent of its TSB business on the London Stock Exchange, with the remainder sold before the end of 2015.
LONDON, May 27- Lloyds Banking Group expects to float about 25 percent of its TSB business on the London Stock Exchange next month, with the remainder to be sold before the end of 2015, the bank said on Tuesday.
LONDON, May 21- The Bank of England appears to be a step nearer to raising interest rates, with some of its top officials starting to say the case for keeping rates on hold is now more finely balanced.
NEW YORK, May 16- Two years ago, Denver- based oil and gas driller Bonanza Creek Energy wanted to spread its credit risk and hedge its production- and it called on some regional Main Street banks to help do it. Ohio- based KeyCorp led the lenders and was also among the banks providing hedging.
European bond funds likely continued to outperform in April, despite concerns about whether the euro zone will instigate bond purchases.
*May Day holiday mutes trading volume in Europe, Asia. Federal Reserve reiterated confidence on its economic outlook despite the slim 0.1 percent growth in U.S. gross domestic product in the first three months of 2014. "Internet is the place to be today," said Michael Matousek, head trader at U.S. Global Investors Inc. in San Antonio, Texas.