Barclays earmarks £800m for forex fines
Barclays has set aside £800m to cover potential fines relating to manipulating foreign exchange markets, it revealed today.
Barclays has set aside £800m to cover potential fines relating to manipulating foreign exchange markets, it revealed today.
The battle between the Alliance Trust board and major shareholder Elliott Advisors has been brought to an end before tomorrow’s AGM in favour of the US activist firm.
Dubai-based financial advisory group Holborn Assets has launched two offices in the UK as it looks to take advantage of the “incredible growth opportunities” in the region’s post-retail distribution review international business.
Gresham House’s net asset value per share fell 21% in the 12 months to 31 December 201, the firm revealed in its full-year results.
Tesco shares have had a volatile morning as it released dismal full year results.
Credit Suisse has announced first quarter profit up 23% on this time last year to CHF 1.1bn, in large part due to its wealth management division.
Charles Stanley shares jumped almost 4% in afternoon trade on news it might sell its employee benefits division to current management.
Close Brothers Asset Management has added another name to its growing list of acquisitions with the purchase of Mackay Stewart & Brown.
Alliance Trust chair, Karin Forseke has taken to the pulpit, appealing to shareholders to vote against resolutions proposed by activist investors Elliott Advisors, at the firms April 29 AGM.
Alliance Trust chair, Karin Forseke has taken to the pulpit, appealing to shareholders to vote against resolutions proposed by activist investors Elliott Advisors, at the firm’s April 29 AGM.
Alliance Trust has received a major blow in its battle with major shareholder Elliott Advisors as the influential shareholder advisory and proxy Institutional Shareholder Services revealed its support for Elliott’s position.
F&C Investment Trust saw its dividend per share rise for the 44th consecutive year in 2014, the group announced in its annual statement.