(Alliance News) - The UK's largest banks will this week start a process to raise money to fund the development of a new payments infrastructure vehicle that could rival MasterCard Inc and Visa Inc domestically, Sky News reported Monday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - GlobalData reports its annual earnings are to fall short of expectations, while MP Evans reports a half-year profit spike but says El Nino could temper production in times to come. Meanwhile, Brave Bison has sweetened its bid for System1. Read More
(Alliance News) - The FTSE 100 is to open higher on Monday, though European peers are to decline, as oil prices register another surge. Read More
(Alliance News) - Andy Burnham will call for a "culture shift" as he gathers business leaders in Downing Street on Monday to pledge to back entrepreneurs. Read More
(Alliance News) - HSBC Holdings PLC on Thursday said Chief Financial Officer Pam Kaur will step down next year, after just over two years on the job. Read More
(Alliance News) - Conduit Holdings Ltd on Tuesday said Christian Dunleavy will replace Neil Eckert as chief executive officer starting March 1 next year. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Tuesday. Read More
Ten Technologies Group PLC - London-based customer experience and loyalty platform for financial institutions - Launches customer loyalty platform for a UK arm of HSBC Holdings PLC, called Premier Lifestyle, as completes own name change to Ten Technologies from Ten Lifestyle. Ten says the new name reflects its increased focus on its proprietary technology and the Ten digital platform. The offering for HSBC Premier customers in the UK uses that platform to provide a single sign-on from the HSBC UK mobile bank app. HSBC customers can use the service for priority access to travel, restaurants, entertainment and experiences, Ten says. The launch of the Premier Lifestyle service follows a "multi-year" contract signed by Ten with HSBC back in January. Ten says the overall contract is worth between GBP250,000 and GBP2 million in revenue. Read More
Tharisa PLC - Cyprus-headquartered platinum miner in South Africa and Zimbabwe - Holds a series of fixed-income investor meetings, starting on Wednesday, for a possible issue of USD300 million in five-year senior secured bonds by subsidiary Arxo Finance PLC. The meetings are being arranged by DNB Carnegie, HSBC Bank PLC and Absa Bank Ltd. The proceeds from the bond issue would be used for capital expenditure at Tharisa's Karo platinum mine in Zimbabwe. Read More
(Alliance News) - Stock prices in London closed higher on Friday, joining a broader rally across European and US equities, while Federal Reserve Chair Kevin Warsh's inflation warning boosted expectations for higher US interest rates. Read More
(Alliance News) - on Thursday, as markets await the imminent start of the Jackson Hole summit and Federal Reserve Chair Kevin Warsh's Friday speech. Read More
(Alliance News) - HSBC Holdings PLC is considering a restructuring of its Singapore units to simplify operations, Bloomberg reported on Thursday. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Tuesday. Read More
(Alliance News) - Chesnara PLC on Tuesday said integration of its largest acquisition to date was progressing at pace and highlighted "strong capital generation" in the first five months of ownership. Read More
(Alliance News) - Stock prices in London opened slightly higher on Tuesday, but trade was cautious as Middle East sabre-rattling continues, while sterling faded after a weaker UK unemployment reading. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
HSBC Holdings PLC - London-based bank - Tender for up to USD6.75 billion in debt notes receive acceptances from holders that will result in a total payment of USD4.90 billion by HSBC. This includes USD1.48 billion for USD1.52 billion in principal amount tendered for USD2.00 billion in notes due September 2028; USD1.00 billion for USD973.4 million in principal amount tendered for USD2.25 billion in November 2028 notes; USD1.01 billion for USD1.00 billion in principal amount tendered after proration for USD1.85 billion in May 2028 notes; and USD1.40 billion for the same amount in principal amount tendered for USD2.50 billion in March 2028 notes. Read More
(Alliance News) - The chief executive of the insurance arm of HSBC Holdings PLC has left the company, amid a restructuring of the business globally by HSBC and uncertainties for the insurance market in Hong Kong, the Financial Times reported on Wednesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More