Posted at 11:59h
in
News
by KMFSLLP
Britain's biggest domestic bank
Lloyds is planning to axe 780 jobs as part of ongoing
cost-cutting at the lender, union Unite said on Wednesday.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/AvkRiFKvl2g)
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Posted at 11:59h
in
News
by KMFSLLP
The dollar rebounded on Wednesday
from a two-week low hit in the previous session as investors
scaled back expectations that the U.S. Federal Reserve would
signal more policy easing in response to a deadly virus
spreading outside China.
Posted at 11:56h
in
News
by KMFSLLP
Euro zone money markets started
to fully price in a December interest rate cut from the European
Central Bank on Wednesday, as the spread of coronavirus outside
China pushed traders to ramp up expectations for more stimulus.
Posted at 11:32h
in
News
by KMFSLLP
Italian infrastructure fund F2i on
Wednesday denied a media report saying it was aiming to take a
majority stake in Autostrade per l'Italia, the motorway unit of
Atlantia.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/fh3WCHLSLhk)
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Posted at 11:31h
in
News
by KMFSLLP
Direct Line said on Wednesday it
would cut some jobs as the motor insurer adapts to consumers
increasingly preferring to buy policies from online operators.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/jF0QhKdJMDc)
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Posted at 11:16h
in
News
by KMFSLLP
Credit ratings agency Moody's Investor
Service on Wednesday cut its 2020 outlook for global auto sales,
with China taking the biggest hit as the coronavirus outbreak
worsens.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/gqx0bzpa85s)
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Posted at 11:14h
in
News
by KMFSLLP
Britain's biggest domestic bank
Lloyds is planning to axe 780 jobs as part of ongoing
cost-cutting at the lender, union Unite said on Wednesday.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/9jKB7nDWeys)
...
Posted at 11:04h
in
News
by KMFSLLP
Metro Bank shares
tumbled on Wednesday after the bank plunged to a full-year loss
of 131 million pounds ($170 million) and scaled back growth
plans, capping a year dominated by an accounting scandal that
forced its top bosses to quit.
![](http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=fhpuPYVVEmk:bP12FqWcVY8:V_sGLiPBpWU)
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Posted at 11:03h
in
News
by KMFSLLP
Switzerland's financial watchdog
will probe the actions of individuals at Julius Baer
after it reprimanded the bank for ignoring money-laundering
risks in payments linked to corruption in Venezuela and world
soccer body FIFA.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/GNRaysLvOC4)
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Posted at 11:02h
in
News
by KMFSLLP
Canadian Imperial Bank of Commerce
on Wednesday reported a 2.5% rise in quarterly profit,
boosted by gains in its capital markets unit.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/WhhfB6bk_so)
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