Financial News
March 29th
LONDON, March 29 (Reuters) - Banks should continue to build
up the amount of collateral they have pre-approved for use in
the Bank of England's emergency liquidity scheme, BoE executive
director for markets Paul Fisher said on Thursday.
March 29th
MOSCOW, March 29 (Reuters) - Vozrozhdenie, a
top-30 Russian lender, said on Thursday its 2011 fourth-quarter
net profit came to 471 million roubles ($16.03 million),
slightly above analysts' forecast of 467 million roubles.
March 29th
HONG KONG, March 29 (Reuters) - Hong Kong shares fell for a
second straight day on Thursday, dragged lower by the Chinese
banking and energy sectors, with disappointing corporate results
suggesting the slowdown in China is hurting profitability more
than …
March 29th
* Net inflows 72 mln stg so far this year, driven by retail
clients
March 29th
* Strike follows set-backs for govt in regional elections
March 29th
MILAN, March 29 (Reuters) - Banca Monte dei Paschi di Siena
, Italy's No.3 lender, posted a bigger than expected
4.69 billion euros ($6.2 billion)loss in 2011 after writing down
billions of goodwill on past deals to clean up a balance sheet
ravaged by the…
March 29th
JOHANNESBURG, March 29 (Reuters) - Absa Group, the
South African unit of Britian's Barclays Plc, on
Thursday repudiated union claims it planned a mass firing, and
said it would focus on reducing jobs through attrition.
March 29th
MILAN, March 29 (Reuters) - Banca Monte dei Paschi di Siena
will unveil a significant overhaul of its structure
and business operations this spring, as it pushes ahead with a
change of its shareholder base and its top management.
March 29th
(The following statement was released by the rating agency)
March 29th
PARIS, March 29 (Reuters) - European stocks pared early
losses and rose on Thursday, bouncing off a three-week low as
rallying mining shares offset losses in the energy sector, where
Total extended its slide, hit by worries over a gas
leak in the North Se…