(Alliance News) - Stock prices in London were lower at midday on Friday with market focus squarely on the upcoming US consumer price index report at 1330 BST. Read More
(Alliance News) - The Bank of England on Friday said the UK's high street banks are no longer "too big to fail" after it completed its assessment of the the eight "major" lenders in the country. Read More
AIB Group PLC - Dublin-based bank - Acquires Irish tracker mortgage portfolio from NatWest Group PLC for EUR5.4 billion as state-backed lender moves towards completing its exit from Ireland. AIB says the loans were worth EUR5.7 billion and would add 47,000 customers to the bank. The mortgages will be administered by a third party service provider and are expected to be accretive to earnings in 2023, AIB adds. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - UK high street lenders saw net income surge in the first quarter of 2022, benefiting from rising central bank interest rates, but Berenberg has cautioned against run-away optimism. Read More
(Alliance News) - The FTSE 100 saw strong gains on Thursday fade away into the close, dragged down by losses in New York and a worrying outlook for the UK economy from the Bank of England. Read More
(Alliance News) - Stocks in London on Friday ended a volatile month of April in a positive fashion, amid a continued rush of company earnings, while markets in the US sank as high-profile tech names disappointed. Read More
(Alliance News) - London's FTSE 100 underperformed as European equities recorded in a positive morning session on Friday, shaking off eurozone economic data that showed inflation continued to heat up, while economic growth slowed. Read More
(Alliance News) - NatWest Group PLC on Friday reported a strong rise in profit in the first quarter as the bank boasted of its capital strength and said it is confident of securing income well above GBP11.00 billion in 2022 in its core operations. Read More
(Alliance News) - Stock prices in London are seen opening higher on Friday, making a confident end to a tricky month for markets, which have faced Covid-19 worries in China, alongside rampant inflation and central bank monetary tightening in response. Read More
(Alliance News) - Oil majors and housebuilders helped lift the FTSE 100 in early dealings on Tuesday, while Associated British Foods sat at the bottom of the list of London blue-chip and HSBC's first-quarter numbers underwhelmed. Read More
(Alliance News) - UK banking earnings season kicks off next week, with Asia-focused lender HSBC Holdings PLC stepping up to the plate first, with UBS predicting resilient updates. Read More
NatWest Group PLC- Edinburgh-based bank and insurance company - Completes merging three businesses into one, as previously announced in January. Commercial, NatWest Markets and Royal Bank of Scotland International businesses are brought into one unit, "to best support our customers across the full non-personal customer lifecycle," the company explains. The bank will publish its results for the first quarter next Friday. Read More