Exotix Capital, the developing markets investment bank, said it has hired four new executives to expand its global presence in fixed income.
Bank of England (BoE) said this year’s stress test of major banks will include how non-core capital buffers stand up to market and economic stresses.
British shares sold off on Wednesday as the United States threatened to slap 10 percent tariffs on a list of $200 billion worth of Chinese imports, escalating a trade war and sending jitters across global markets.
U.S. stock index futures dropped sharply on Wednesday after the United States threatened tariffs on an additional $200 billion worth of Chinese goods, dampening hopes of a compromise on trade.
Dollar rose near an 11-month high against the Chinese yuan and the Australian dollar tumbled after the U.S. said it would slap tariffs on an extra $200 billion of imports from China, sharply escalating tensions between the world’s two biggest economies.
The UK’s top share index rose on Friday, shrugging off any worries over global trade after U.S. tariffs on Chinese goods took effect.
A humanitarian rescue boat carrying 60 migrants rescued off Libya docked in Barcelona on Wednesday after being turned away by Malta and Italy, in the latest example of European divisions on immigration.
More than a dozen employees at Lloyds will be spared criminal trial for their part in the alleged rigging of the Libor benchmark, after Britain’s SFO closed its investigation due to lack of evidence.
Publisher of Daily Telegraph said its pretax profit nearly halved to 13.7 mn pounds in 2017 as it invested in journalism, technology and marketing to grow its digital subscribers.
UK’s top share index lost ground as persistent jitters over global trade kept risk appetite subdued, though buoyant energy stocks helped stem losses.