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News

17 Jul Danske Bank could still face legal action despite forfeiting profits on probed transactions

Posted at 13:58h in News by KMFSLLP 0 Comments

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Danske Bank could still face legal action despite its decision to forfeit profits from transactions in Estonia that are subject to a money-laundering probe, Denmark's business minister said on Wednesday.

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17 Jul UPDATE 3-Morgan Stanley beats estimates on higher trading revenue

Posted at 13:55h in News by KMFSLLP 0 Comments

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* Trading revenue up 18 pct to $3.8 billion (Adds details on investment banking, CEO comments on Fed stress tests)

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17 Jul Finland’s Liikanen to head global accounting rules setter

Posted at 13:51h in News by KMFSLLP 0 Comments

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Erkki Liikanen, former governor of Finland's central bank, will chair the trustees who oversee accounting standards used in over 100 countries, the trustees said on Wednesday.

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17 Jul UPDATE 2-Greece’s National Bank approves Mylonas as its chief executive

Posted at 13:50h in News by KMFSLLP 0 Comments

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Greece's National Bank (NBG) said on Wednesday that deputy chief executive Paul Mylonas will become its new chief executive.

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17 Jul Three top staff leave macro hedge fund MarkhamRae after assets plunge

Posted at 13:47h in News by KMFSLLP 0 Comments

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At least three top staff recently left London-based hedge fund firm MarkhamRae, which has underperformed its peers and saw three of its biggest investors pull out almost $300 million.

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17 Jul Haringey Council scraps £4bn property venture with Lendlease

Posted at 13:37h in News by KMFSLLP 0 Comments

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Councillors vote to set up an authority-owned company to provide affordable homes

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17 Jul May and Corbyn clash over Brexit plan at PMQs

Posted at 13:23h in News by KMFSLLP 0 Comments

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Prime minister says already talking to EU over plan

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17 Jul The moral and political collapse of Britain’s Labour party

Posted at 13:12h in News by KMFSLLP 0 Comments

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UK opposition has failed to perform its responsibilities on Brexit and anti-Semitism

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17 Jul WRAPUP 1-U.S. housing starts hit nine-month low; permits fall

Posted at 13:10h in News by KMFSLLP 0 Comments

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U.S. homebuilding fell to a nine-month low in June and permits declined for a third straight month, dealing a blow to the housing market as it struggles with a dearth of properties available for sale.