1. HSBC’s steal of the century: SVB UK to go global
HSBC Holdings PLC (LSE:HSBA)’s acquisition of the UK arm of Silicon Valley Bank was a lucrative one if today’s first-quarter earnings call is anything to go by.
2. BP payout heralds a bumper year for share buybacks
On top of the buyback bonanza, FTSE 100 dividends are expected to top £85bn for 2023, following a record year in 2022.
3. FTSE 100 erases last week's gains with a sharp drop at the close
The FTSE 100 finished well under water at 7,703 points for a 1.2% loss.
4. Uber zooms ahead of expectations driven by a surge in bookings
Uber shares revved higher on Tuesday after the ride-share company posted first-quarter earnings that zoomed past Wall Street’s expectations.
5. Capita loses Deliveroo deal after failing to recruit staff
In another headache for the firm, the report said it had failed to deliver on its promise to recruit a team of 150 multilingual staff for the takeaway company.