logo-loader

Morning Report: City watchdog probing Barclays CEO links to sex offender Epstein

Headlines from the Proactive UK newsroom.

Barclays (LON:BARC) says it remains confident in the ongoing leadership of chief executive Jes Staley while the City watchdog carries out an investigation into his historical links with billionaire sex offender Jeffrey Epstein. The announcement was made in a separate statement alongside the UK high street bank’s annual results, which showed a profit before tax of £4.4bn for 2019, up 26% on the previous year. 

Futura Medical (LON:FUM) has commenced formal proceedings to get EU approval for its erectile disfunction gel formulation with full submission expected in mid-2020. A face-to-face meeting with the US regulator has also been confirmed for this quarter.

Clear Leisure (LON:CLP) says its legal position in the case against the former directors of Sipiem has been strengthened by a court ruling in Turin. The ruling confirmed Clear Leisure as Sipiem’s controlling owner and that its minority shareholder illegally tried to remove control of the company.

Britain is to clamp down on unregulated cannabis oil products. The Food Standards Agency says from March 2021 it will remove from sale unapproved CBD products.

Centrica’s retail businesses are getting better but progress is being slowed by its production businesses, which the British Gas Owner says are set for another tough year in 2020. Production write-offs meant a full year loss of £1.1bn

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

IQGeo looking to become cash-generative 'very soon' as it continues to grow...

IQGeo Group Plc's (LON:IQG) Richard Petti discusses with Proactive London's Andrew Scott its trading update for the six months to June 2020. He's expecting first half year-on-year growth in product orders of more than 100% and revenue for the period to exceed £4mln. Petti says their strategy of...

56 minutes ago

RNS

Form 8.3 - AON PLC AMENDMENT

18 hours, 31 minutes ago

Form 8.3 - WILLIS TOWERS WATSON PLC

21 hours, 52 minutes ago

Form 8.3 - AON PLC

21 hours, 52 minutes ago

Form 8.3 - ROCKROSE ENERGY PLC

21 hours, 55 minutes ago

Form 8.3 - CELLO HEALTH PLC

21 hours, 56 minutes ago

2 min read