HSBC chief executive Noel Quinn to retire
Bank joins a total of eight FTSE 100 companies with CEO changes so far this year
Bank joins a total of eight FTSE 100 companies with CEO changes so far this year
Old Mutual Wealth becomes the last major adviser platform without UK equities
Global markets, including the FTSE 100, have tumbled again after US indices officially entered correction territory.
European and Asian markets tumbled this morning after the Dow Jones took its biggest hit in six years.
Persimmon’s trading update on Thursday may have buoyed housebuilder’s share prices, but listed builders are not out of the woods yet, according to Legal & General Investment Management’s Richard Penny.
With less than a week to go before one of the most contentious presidential contests concludes, some market participants are ignoring the noise, but many are fretting over shocks to equity markets and the potential fallout from protectionist trade policies.
Persimmon shares climbed by 4.4% to 1872p following the release of its first half numbers, making it the top performer in the FTSE 100 index on Tuesday morning.
Easyjet has announced its intention to raise its dividend pay-out ratio from 40% for the year ended 30 September 2015 to 50% in H2 2016, subject to approval at its AGM.
Profits made by FTSE 350 companies have fallen 7.7% on a like for like basis to £1.44tr, according to the Share Centre’s Profit Watch UK report.