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- Lloyds and BofA owe apology over SJP
The explanation that the US investment bank had waived its lock-up agreement with the UK bank as it sells a £450m stake has surprised investors
Posted on 23 May 2013 | 9:29 pm
- Buyout groups target US retailers
Other potential private equity deals for department stores would be about squeezing greater efficiency out of more mature businesses
Posted on 23 May 2013 | 7:29 pm
- Goldman reforms focus on customers
Bankers’ pay and bonuses will also be more closely linked with their ability to protect the bank’s reputation, Goldman says in a new report
Posted on 23 May 2013 | 7:10 pm
- Spain’s banks face €10bn more provisions
More than €200bn of loans rolled over before they expired – often because corporate borrowers would be unable to repay on time and in full, says recent data
Posted on 23 May 2013 | 6:28 pm
- ISS settles SEC suit over information leaks
The employee accessed a confidential database from home and work and used his personal email to send voting details to the proxy solicitor, according to the SEC
Posted on 23 May 2013 | 6:27 pm
- 'Keep calm and carry on' as FTSE tumbles 2%
Has the correction begun or is this a breather? Experts say today's slide in the FTSE 100 is an over-reaction to US and China news.
Posted on 23 May 2013 | 5:19 pm
- GLG's Edwards: three charts on why you shouldn't panic over Japan plunge
Japan veteran Neil Edwards says 'buy on the dips' as the trend is still generally upwards.
Posted on 23 May 2013 | 3:16 pm
- Withers/Speechly Bircham merger talks collapse
The private client law firms have decided against a merger after nearly two months of negotiations.
Posted on 23 May 2013 | 2:41 pm
- Arigatou Japan! Is Nikkei still world's top equity hotspot?
After partying hard for the last few weeks, investors woke up to a splitting Japanese hangover this morning, but asset allocators still see plenty of potential in the nation's stockmarket.
Posted on 23 May 2013 | 2:09 pm
- How risky and 'suitable' are sustainable investments?
Are sustainable investments riskier than others? Charles Stanley's Stephen Peters and Holden & Partners' Mark Hoskin reveal how they judge suitability and define the possible pitfalls of ethical portfolios.
Posted on 23 May 2013 | 12:48 pm
- Global markets fall on growth fears
Global stock markets fall after weak Chinese economic data and concerns the US may scale back monetary stimulus efforts but the Dow Jones closes flat.
Posted on 23 May 2013 | 9:36 pm
- French court questions IMF chief
IMF chief Christine Lagarde is grilled by judges in Paris over a big payout to a tycoon when she was French finance minister.
Posted on 23 May 2013 | 8:45 pm
- Mozambique mines 'hurt locals'
International mining companies operating in Mozambique are failing in their obligation to people displaced by coal mining, says Human Rights Watch.
Posted on 23 May 2013 | 5:44 pm
- Tata Steel swings to a loss
Tata Steel, one of the world's biggest steelmakers, blames weakness in Europe for a net loss in the fourth quarter and says "severely depressed" conditions are likely to persist.
Posted on 23 May 2013 | 4:12 pm
- Nissan recalls over 800,000 vehicles
Nissan says it plans to recall about 841,000 vehicles worldwide due to a faulty steering wheel.
Posted on 23 May 2013 | 3:17 pm
- Royal Mail CEO In Line For £500,000 Bonus
Moya Greene to receive payout for steering sharp improvement in postal firm’s performance last year, Sky News learns.
Posted on 23 May 2013 | 8:42 pm
- Mothercare Reports £21.7m UK Division Loss
The maternity and babycare retailer is struggling to cope with the competition posed by online rivals and supermarkets.
Posted on 23 May 2013 | 8:01 pm
- Global Markets Down After Bernanke QE Talk
A warning by the Fed chief that stimulus packages may be eased, coupled with weak Chinese data, have spooked stock markets.
Posted on 23 May 2013 | 7:40 pm
- Buyout Firms Prepare To Battle For Hastings
Private equity groups including Advent and Carlyle compete for a stake in the fast-growing motor insurer, Sky News understands.
Posted on 23 May 2013 | 6:25 pm
- 'Mini-Experian' Callcredit Plots £400m Sale
Fast-growing credit-referencing agency eyes a sale that will reap huge profit for private equity backers, Sky News understands.
Posted on 23 May 2013 | 1:45 pm
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