BP and Shell to receive boost from rising oil prices, analysts forecast October 29, 2023 Oil and gas giants BP and Shell are set to reap the benefits of climbing oil prices, according to analysts, as both prepare their third-quarter results.
CAB Payments chair seeks to reassure investors after share dive October 29, 2023 The chairwoman of CAB Payments has sought to reassure investors over the newly listed fintech firm's prospects after its shares plunged last week.
Home insurance prices forecast to rise by a third as firms hike premiums October 29, 2023 Home insurance prices are forecast to jump by more than a third in the next two years as the industry hikes premiums to keep up with the cost of claims, according to new research. Insurers posted their worst net combined ratio – measuring claims and costs as a proportion of premiums – in three decades [...]
Alison Rose made ‘honest mistake’: Natwest-backed review into Farage scandal October 27, 2023 An internal review into the conduct of former Natwest boss Dame Alison Rose has concluded the CEO made an "honest mistake" when she leaked confidential information about Nigel Farage's finances to the BBC.
Who is Morgan Stanley’s new CEO Ted Pick? October 26, 2023 Here’s what you need to know about Morgan Stanley's new CEO Ted Pick and what he faces in his new role.
FTSE 100 close: London dips as Standard Chartered share price drops sharply October 26, 2023 Inflation across the eurozone has fallen since the ECB raised its deposit rate to a record 4 per cent last month.
Fierce mortgage competition to weigh on banks’ margins, warn brokers October 25, 2023 Mortgage profitability is a key focus for investors as lenders have significantly reduced rates in recent months.
Former Natwest boss considering legal action over payoff decision: reports October 25, 2023 Natwest is widely expected to cancel £5.2m of long-term share options that Rose had accrued during her leadership.
Aldermore ditches bid for Co-op Bank October 25, 2023 The challenger bank’s bid for Co-op was reportedly derailed by a leadership shake-up at FirstRand, its South African parent company.
Why China has opted for more stimulus — and why experts are not convinced it will work October 25, 2023 China is rolling out a fresh stimulus package to support its economy, in a sign that the ruling Communist party is growing anxious at the sluggish performance over recent months.
