LONDON (Alliance News) - The UK's top five banks have become safer over the last five years, but still have work to do to make their balance sheets more resilient, according to a new KPMG report. According to the report, UK banks' total assets reduced by 25% to GBP5.2 trillion in the five y Read More
LONDON (Alliance News) - Barclays PLC Friday said Skip McGee, a divisional executive was allotted 26,336 shares at a price of GBP2.3400 per share and 3,63 American Depositary Shares at USD16.37 each.<br /><br />The company also said a group of executives including Valerie Soranno Keating, a di Read More
LONDON (Alliance News) - Global stock indices lost a few points, while the euro has risen to a high of the day against the dollar, following the decision by the European Central Bank to leave it's interest rates unchanged. The ECB left its benchmark rate unchanged at 0.25%, leaving markets Read More
Bern (Alliance News) - The Swiss Competition Commission said it started a formal investigation on Monday against eight banks for possible manipulation of major currency rates. The suspects include Swiss banks UBS and Credit Suisse as well as major foreign lenders. "There is evidence t Read More
LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.< Read More
LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.< Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS SMITHS GROUP PRICE TARGET TO 1220 (1340) PENCE - 'SELL' <br />----------<br />JPMORGAN CUTS SMITHS GROUP PRICE TARGET Read More
LONDON (Alliance News) - UK Chancellor of the Exchequer George Osborne is expected Wednesday to again hail the country's continuing economic recovery whilst reiterating that yet more needs to be done to ensure it is sustained. <br /><br />In his annual budget speech, which starts at 1230 GMT, Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Barclays</strong>, up 2.9%. The bank plans to solicit offers for its index busi Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Smiths Group</strong> PLC raised its interim dividend and announced the expansion of its investment programme 'Fuel For Growth', altho Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br /><strong>----------</strong><br /><strong>FTSE 100</strong><br />----------<br />CREDIT SUISSE CUTS HSBC TO 'UNDERPERFORM' ('OUTPERFORM,') - PRICE TARGET 580 (780) PENCE <br />----------<br Read More
LONDON (Alliance News) -Shares have opened mostly flat Wednesday ahead of UK jobs figures and budget statement.<br /><br />Shares of FTSE 100 engineering firm <strong>Smiths Group</strong> were down 4.0% at the open, as it reported lower pretax profit due to the company's Medical and Defence b Read More
LONDON (Alliance News) - British lender Barclays PLC plans to solicit offers for its index business that could fetch USD400 million in a sale, Bloomberg reported Tuesday, citing people with knowledge of the matter. According to the Bloomberg report, CME Group Inc., which had approached Barc Read More
LONDON (Alliance News) - <strong>J Sainsbury</strong> PLC reported its first sales fall in nine years for the fourth quarter of its financial year, but Chief Executive Justin King said the grocer will not get caught up in the price war within the UK supermarket sector and will ensure competiti Read More
LONDON (Alliance News) - Barclays PLC Tuesday said it is handing out GBP31.8 million in shares to twelve of its top staff, including Chief Executive Antony Jenkins and Finance Director Tushar Morzaria.<br /><br />Jenkins is receiving 1.6 million shares, valued at about GBP3.8 million before ta Read More
(An item published 1005 GMT misstated the number of smart meters deployed and added to the portfolio. The correct version follows.) LONDON (Alliance News) - Smart Metering Systems PLC Monday reported an increase in profit and revenue for the full year, with progress by both of its main busi Read More