Post-Brexit ‘Big Bang’ reform of UK financial sector a ‘damp squib’, say lawmakers
People walk through the City of London financial district in London, Britain, September 13, 2021. REUTERS/Hannah McKay/File Photo Acquire Licensing...
archiveINSR
European shares end the week higher as bond yields slide on rate cut bets
A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsMarkets price in 100-bps rate cuts in 2024Moody's Italy rating review dueVolvo Cars shares drop to record low as Geely trims stakeSTOXX 600 up 1.0%, adds 2.8% this weekNov 17 (Reuters) - European shares rose on Friday, boosted by financials and healthcare, ending the week higher on growing optimism that central banks will aggressively cut interest rates...
UK insurer Aviva posts 13% rise in nine-month premiums
A man walks past an AVIVA logo outside the company's head office in the city of London March 5, 2009....
Britain’s Global Investment Summit draws top banking bosses
JPMorgan Chase CEO Jamie Dimon talks to reporters as he leaves the U.S. Capitol after an unannounced meeting with U.S....
UK stocks fall after GDP data; Diageo tumbles to near 3-year low
The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo...
Russia’s VTB in Europe changes name as it liquidates
The logo of VTB bank is seen on the bank's headquarters in Tehran, Iran, May 23, 2023. Majid Asgaripour/WANA (West...
European shares rise on strong earnings, pharma boost
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 26, 2023. REUTERS/Staff/File photo Acquire Licensing RightsEuro zone retail sales fall in Sept, as expectedVestas rises after Q3 profit beatUK's Marks & Spencer jumps on HY beatSTOXX 600 up 0.3%Nov 8 (Reuters) - European shares rose on Wednesday, supported by gains in healthcare stocks and strong earnings reports, while investors assessed a slew of economic data and comments from central bankers for cues on European Central Bank's rate hike path.The pan-European STOXX 600...
Exclusive: US FDIC is probing former First Republic Bank directors and officers
Nov 1 (Reuters) - The Federal Deposit Insurance Corporation (FDIC) is investigating potential misconduct by executives and board members of First Republic Bank (FRCB.PK), raising the prospect of stiff penalties for the failed bank's former bosses."We can confirm a D&O probe into First Republic is taking place," a spokesperson told Reuters on Wednesday, referring to the bank's directors and officers. The regulator did not provide further details.The investigation, which has not previously been reported, is the third the FDIC has opened into bank failures earlier this year which cost the...
Aon joins UK pensions ‘compact’ for unlisted company investments
LONDON, Oct 25 (Reuters) - Insurance broker Aon said on Wednesday it will join the "Mansion House Compact" of companies...
Exclusive: Brookfield weighs move into UK pension insurance market -sources
A view of the British capital's twin financial powerhouse, the City of London and Canary Wharf, in London, Britain March 19, 2023. REUTERS/Yann Tessier/File Photo Acquire Licensing RightsLONDON, Oct 16 (Reuters) - Brookfield (BN.TO), through its affiliate Brookfield Reinsurance (BNRE.N), is weighing entering Britain's burgeoning pension insurance industry and is open to an acquisition to bolster growth, three people familiar with the matter told Reuters. The company is scanning the market for potential deals to access the bulk annuities space, where possible targets could include companies like Just Group (JUSTJ.L)...