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News

14 Dec UPDATE 2-H&M leads European shares lower after sales miss, banks stumble

Posted at 17:24h in News by KMFSLLP 0 Comments

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* Political worries send Italy banks to 6-month low (Adds closing prices, stocks, quotes)

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14 Dec EU gives UK go-ahead for next phase of Brexit talks

Posted at 16:52h in News by KMFSLLP 0 Comments

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British business groups express concern at further delay in trade negotiations

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14 Dec Britain faces serious questions on its defence capability

Posted at 16:29h in News by KMFSLLP 0 Comments

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In an age of cyber warfare, the UK’s international military role is more uncertain

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14 Dec U.S. derivatives watchdog outlines exemptions for virtual currency trades

Posted at 16:08h in News by KMFSLLP 0 Comments

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WASHINGTON, Dec 15 (Reuters) - The U.S. derivatives watchdog on Friday published draft legal guidance outlining the basis on which retail virtual currency trading would be exempted from complying with its rules.

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14 Dec UPDATE 1-EU sets bank union, ESM as euro zone overhaul priorities

Posted at 16:08h in News by KMFSLLP 0 Comments

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* Joint bank deposit protection under discussion (Releads with final press conference, German, French, Dutch comments)

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14 Dec Russia’s Promsvyazbank needs 100-200 bln roubles in bailout – cenbank

Posted at 16:05h in News by KMFSLLP 0 Comments

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MOSCOW, Dec 15 (Reuters) - Promsvyazbank, one of the largest private banks in Russia, will require between 100 billion roubles and 200 billion roubles ($1.7-$3.40 billion) as part of a central bank rescue, central bank deputy governor Vasily Pozdyshev said on Friday.

14 Dec UK households under most financial strain in 5 years

Posted at 15:56h in News by KMFSLLP 0 Comments

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Proportion with high levels of mortgage debt compared with income has increased

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14 Dec UPDATE 1-Greece postpones port sale after Russia’s Promsvyazbank bailout

Posted at 15:39h in News by KMFSLLP 0 Comments

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ATHENS, Dec 15 (Reuters) - Greece has had to postpone the signing of a deal to sell a majority stake in its second-biggest port after the Russian guarantor bank, Promsvyazbank, was placed under temporary administration.