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News

22 Oct UPDATE 3-Metro Bank reports Q3 loss, deposit outflows as Chairman exits

Posted at 16:33h in News by KMFSLLP 0 Comments

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* Bank reports Q3 loss of 2.2 mln stg and deposit outflows (Recasts, adds Q3 loss, CEO quote)

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22 Oct UPDATE 2-Kone signals Thyssenkrupp elevator interest, might have to sell some assets

Posted at 16:25h in News by KMFSLLP 0 Comments

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* Shares in Kone, Thyssenkrupp both close up 1.4% (Recasts, adds Thyssenkrupp shareholder comment)

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22 Oct Embattled lender Metro Bank swings to loss in third quarter

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

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Metro Bank swung to a loss for the third quarter as the troubled lender scrambled to save face after customers began to withdraw billions of pounds following an accounting scandal earlier this year.

22 Oct UPDATE 1-Intel files antitrust case against SoftBank-backed firm over patent practices

Posted at 16:15h in News by KMFSLLP 0 Comments

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Chipmaker Intel Corp has filed an antitrust lawsuit against a SoftBank Group Corp-owned investment company alleging the firm stockpiled patents to hold up technology companies with numerous lawsuits.

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22 Oct UPDATE 1-Former minister Stride to chair UK parliament’s Treasury Committee

Posted at 16:07h in News by KMFSLLP 0 Comments

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Mel Stride, a former junior finance minister who lost his job in government when Boris Johnson became prime minister, has won an election to chair the British parliament committee which supervises the Bank of England and finance ministry.

22 Oct Ukraine president’s office sees no reason to hand PrivatBank back to former owners

Posted at 16:04h in News by KMFSLLP 0 Comments

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The office of Ukrainian President Volodymyr Zelenskiy said on Wednesday there was no reason to hand PrivatBank to its former shareholders, no matter what the outcome of court decisions might be.

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22 Oct UPDATE 3-Health insurer Anthem signals better-than-feared 2020 earnings, shares rise

Posted at 16:00h in News by KMFSLLP 0 Comments

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Anthem Inc on Wednesday signaled earnings for 2020 could be better than feared, allaying some concerns that rising medical costs are eating into profits and sending shares of the No. 2 health insurer up 4%.

22 Oct REFILE-UPDATE 2-Vatican financial regulator denies wrongdoing in London property buy

Posted at 15:55h in News by KMFSLLP 0 Comments

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The Vatican's financial regulator on Wednesday rejected a prosecutor's accusations that it acted improperly over the purchase of a luxury building in London, raising the stakes in an awkward internal conflict for Pope Francis.

22 Oct UPDATE 2-Nasdaq eyes upside from free e-trades as profit tops expectations

Posted at 15:55h in News by KMFSLLP 0 Comments

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Nasdaq Inc may see its market share of retail stock executions increase as a result of online brokers moving to free trades, the transatlantic exchange operator said on Wednesday after releasing better-than-expected quarterly financial results.

22 Oct Kuwait’s audit body warns against depletion of sovereign fund assets

Posted at 15:38h in News by KMFSLLP 0 Comments

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Kuwait's State Audit Bureau warned against further withdrawals from the Gulf state's General Reserve Fund and called for economic reforms to reduce the government reliance on oil revenues, it said in a report on Wednesday.

News

22 Oct UPDATE 3-Metro Bank reports Q3 loss, deposit outflows as Chairman exits

22 Oct UPDATE 2-Kone signals Thyssenkrupp elevator interest, might have to sell some assets

22 Oct Embattled lender Metro Bank swings to loss in third quarter

22 Oct UPDATE 1-Intel files antitrust case against SoftBank-backed firm over patent practices

22 Oct UPDATE 1-Former minister Stride to chair UK parliament’s Treasury Committee

22 Oct Ukraine president’s office sees no reason to hand PrivatBank back to former owners

22 Oct UPDATE 3-Health insurer Anthem signals better-than-feared 2020 earnings, shares rise

22 Oct REFILE-UPDATE 2-Vatican financial regulator denies wrongdoing in London property buy

22 Oct UPDATE 2-Nasdaq eyes upside from free e-trades as profit tops expectations

22 Oct Kuwait’s audit body warns against depletion of sovereign fund assets

KM Financial Solutions LLP

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