Markets report: Banking stocks help FTSE 100 shrug off services sector weakness
What happened to the FTSE, pound and UK companies on the markets today?
Banks and Finance
Advertisement
-
Britain the only country to meet the needs of world's poorest during the pandemic, says World Bank
The bank has pledged $160bn to help countries tackle the pandemic and its ramifications, but says few rich nations have stepped up to help
-
Apollo to review billionaire founder's relationship with Epstein
The US buyout group has asked lawyers to "conduct a thorough review" of Leon Black's account of the situation
-
Metro Bank still struggling to hit capital buffer requirement
Total net loans hit £15.1bn in the third quarter, driven by government-backed lending to small businesses
-
Goldman Sachs set to pay $2bn for 1MDB fraud
The fraud case at Malaysia's 1MDB sovereign wealth fund could cost the bank nearly $6bn
-
Ex-Freshfields lawyer appeals £35,000 fine over encounter with drunk colleague
Ryan Beckwith's lawyers claim he had a “temporary lapse” of judgment rather than committing persistent, unwanted behaviour
-
Transport for London pays £500,000 for private Covid tests
Goldman Sachs also offers UK staff coronavirus and antibody tests in a bid to encourage workers back into the office
-
Co-op Bank finance chief becomes bank's sixth boss in less than a decade
Insiders say Nick Slape was picked because he is well liked internally and would provide 'good continuity'
-
Negative rates won't work, warns Mervyn King
The former Bank of England Governor says pushing interest rates below zero will not have a 'significant impact' on the economy
-
City watchdog to monitor Amigo's payments to directors and shareholders
The FCA is investigating Amigo over whether it followed the rules when assessing borrowers' creditworthiness
-
Competition watchdog tipped off over fees at open banking body a year before inquiry
A whistleblower alleged in 2019 that contractors had been hired at the Open Banking Implementation Entity at rates as high as £1,100 per day
-
Two more years for Jes Staley at Barclays
The lender is not expected to announce any succession plans this week
Advertisement
-
The stock market winners and losers from negative interest rates
Negative rates would have consequences for stock and bond markets
-
Harris Allday sale thrown into chaos as insiders try to derail process
Swiss bank EFG International has been trying to offload the wealth manager for several months
-
Advisers line up for £300m fees bonanza as hostile bidder for G4S makes a firm offer
Banks are in line for the biggest chunk of fees, which could amount to 10pc of the proposed valuation of G4S
-
Lloyds to widen compensation review for HBOS fraud victims
The bank's initial scheme for victims of the scandal was deemed to be 'neither fair nor reasonable'
-
Challenger banks scramble to fill business account void
New lenders aim to fill a gap in the market as older banks stop offering accounts to small companies
-
Banks not ready for negative rates, warns NatWest chairman
The Bank of England is checking banks’ preparedness for negative rates, having already cut them to a record low
-
MPs demand update on bank signature forgery claims
Campaigners believe forged signatures were used on an industrial scale by banks
-
Goldman Sachs profits soar on trading frenzy
Chief executive David Solomon, who recently sold an Aspen property for $26m, is optimistic about prospects for the rest of the year
-
The Bank of England should not impose a negative interest rate
Forcing depositors to pay for the 'privilege' of lending is not the answer to this crisis
-
JPMorgan and BlackRock post bumper profits
America's biggest bank and the world's biggest fund manager both report better than expected numbers for the three months to September
-
Watchdog warns accountants not to 'drop the ball' on diversity
Half of all student accountants are now women but less than a fifth of partners at the largest firms are female
