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lloyds

Lloyds profits fall on PPI claims

25/02/2016(0)
Lloyds Banking Group has reported a 7% fall in annual pre-tax profits to £1.6bn compared with £1.8bn a year earlier. The bank increased provisions for payment protection insurance (PPI) compensation ... Read More
business_hsbc

Brexit could wipe 20% off sterling: HSBC

25/02/2016(0)
Separating from the European Union could trigger a 20 percent drop in sterling and shave 1.5 percentage points off the British economy, HSBC has warned. The doom-laden report released Wednesday ... Read More
ubs

Euromoney:Private Banking and Wealth Management Survey 2016

25/02/2016(1)
UBS Wealth Management voted best global private bank; revenue outlook dimmer this year; asset management competition heats up. In Euromoney’s 13th annual private banking survey for 2016, UBS Wealth ... Read More
IMF

Group of Twenty IMF Surveillance Note

25/02/2016(0)
The global recovery has weakened further amid increasing financial turbulence and falling asset prices. Activity softened towards the end of 2015 and the valuation of risky assets has dropped sharply, ... Read More
gold-l-reuters

Gold Prices Up On Investor Jitters

25/02/2016(0)
Gold prices are trading higher on investor jitters, as lower oil prices and falling equity markets increase the appeal of this haven asset. Spot gold is up 0.55% at ... Read More
China-sanghai-stocks

China Stocks Plunge More Than 6% as Money-Market Rates Increase

25/02/2016(0)
China’s stocks tumbled the most in a month as surging money-market rates signaled tighter liquidity and the offshore yuan declined for a fifth day. The Shanghai Composite Index sank ... Read More
saudi-arabia

Saudi Oil Minister Surprises OPEC with Tough Line on Prices

25/02/2016(0)
Prepared for $20 a barrel to force production cuts outside the Middle East, Says al Naimi Saudi Arabian Oil Minister Ali al-Naimi surprised fellow members of the Organization of ... Read More
china-markets

China shares drop, with the Shanghai Composite tumbling more than 5%

25/02/2016(0)
China markets tumbled Thursday, extending a long rout, but some Asian markets posted gains following Wall Street’s reversal of sharp intraday losses overnight on the back of higher oil ... Read More
People queue up outside a Standard Chartered Bank branch before operation hours at the central business district in Singapore

Standard Chartered Drops After First Annual Loss Since 1989

24/02/2016(0)
Loan impairments almost double to $4 billion, highest ever CEO Winters says performance to remain `subdued’ in 2016 Bill Winters took more “painful” steps to turn around Standard Chartered ... Read More
Chinese_markets

Asia trades lower as market sentiment falls, ASX slips 2%, Shanghai down 1%

24/02/2016(0)
Asia stocks traded mostly down Wednesday morning, with a combination of low oil prices, concerns over China and weak overnight data weighing on market sentiment. In Japan, the benchmark Nikkei ... Read More
Broker Cyprus TopFX