CYBG has withdrawn its offer for Royal Bank of Scotland's Williams & Glyn a day after the Scottish lender confirmed it has ditched plans to sell the business
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HSBC shares have tanked today as its earnings missed forecasts, weighing down fellow UK lenders due to report later this week
Goldman also thinks the bank is growing at a fast enough pace to mitigate the effects of the headwinds it is facing.
The lender's pre-tax profits in 2016 have fallen more than forecast as it offloaded its Brazil operations.
The FTSE 100 firm, which downgraded its profit forecasts twice in three months at the end of 2016, said assets of around £50mln will be written off as a non-underlying charge.
The lender's plans to can the sale of Williams & Glyn and set up a fund to help smaller challenger banks is likely to boost earnings, according to analysts.
That progress as a leading tidal power developer was underlined again today as the company announced that its latest turbine was deployed in record time.
One of particular development of note is Cello Pulsar, a social media analytics tool that has, according the experts, the potential to be a real winner.
The strong order book and pipeline should result in a stronger out turn for 2018, according to finnCap
The firm lost a quarter of its stock market value, dropping 86p to 249.25p as it raised the provision for the business to about £160mln from £70mln.
The proposed merger between Kraft and Unilever has been canned following the public disclosure of the deal.
The European Commission is expected to approve the bank's plans to ditch its sale of Williams & Glyn within weeks
The FTSE 100-listed firm reported a 56% drop in pretax profit to £322.8mln for the full-year to December 31, down from £731.6mln a year earlier.
MeyGen’s full first phase will ultimately have 400 megawatts of capacity, and the next phase of construction is anticipated to start later this year.
Investment guru Geraldine Weiss had a lot of success way back when, buying blue-chip shares approaching the top of their historical dividend yield range
Deutsche Bank comes not to Bury St Edmunds, but to praise the Suffolk-based brewer
You had to scroll past the meat of the eight paragraph announcement before it became apparent that the Anglo-Dutch consumer products giant is taking Kraft’s overtures very seriously – very, very seriously.
The American giant said it had tabled a “comprehensive proposal”, which was declined. It added: “We look forward to working to reach agreement on the terms of a transaction.”
Driver has swung to a full year loss, though revenues jumped and the company believes it will return to profit following its restructuring.
Woodford Investment Management and Japanese giant Takeda invested in the IPO.
Essentra has warned that full year revenue in the current fiscal year will decline as it posted a fall in 2016 earnings.
Express Gifts has agreed to provide £12.5mln in compensation for around 330,000 customers sold insurance “that offered little or no value.”
Peel Hunt reckons the risks associated with the bar group are overstated, making it a good value for money investment
Cobham’s fifth profit warning in 13 months has sparked (another) mass sell-off, but what were the key takeaways from it?
Facebook has some 1.8bn users, a big audience for recruiters