Istanbul aggressively increased its overnight lending rate to 12% from 7.75%
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Tuesday 08 March 2011
Britain's last independent listed ports operator may finally be about to sell out as Forth Ports opens its books to a £744m offer from Arcus Capital.
Wednesday 02 March 2011
Kingfisher closed at its lowest price since December last night thanks to fears over the challenges facing its flagship B&Q chain.
Wednesday 23 February 2011
The financial watchdog has slapped a fine on DB Mortgages, the first time a mortgage lender has been censured for "irresponsible lending" and the fourth time a lender has been fined in the past two years.
Wednesday 23 February 2011
Outlook The case of Deutsche Bank's irresponsible mortgage lending might be seen as a microcosm of everything that has been wrong with the UK's approach to protecting consumers from the financial services industry's sales sharks over the past few years. And the fact that the Financial Services Authority has now whacked the bank with a big fine and an even bigger compensation bill is no vindication of the regulatory system.
Tuesday 22 February 2011
A sub-prime lender has been fined £840,000 and told to pay £1.5 million in compensation for irresponsible lending practices and failing to treat customers who fell behind with their mortgages fairly.
Friday 18 February 2011
The four external members appointed by Chancellor George Osborne to join a new Bank of England committee which will oversee financial regulation in the UK were announced yesterday, as the Government released more details on its plans to replace the Financial Services Authority (FSA).
Sunday 13 February 2011
Thursday 10 February 2011
The archetypal German banker?
Wednesday 09 February 2011
Rio Tinto is bullish about future prospects, as a senior executive yesterday predicted the demand for some metals would double in less than two decades.
Friday 04 February 2011
Companies in the service sector – which accounts for 70 per cent of GDP – bounced back to business as usual in January, after the early heavy snow disrupted their activities in December.
Monday 31 January 2011
BT Group will hope to put out a strong response to moves by rivals to muscle in on its territory when it reports third-quarter numbers this week.
Friday 14 January 2011
Good for Nick Bubb, the Arden Partners retail analyst, for calling it like it is. Did those retailers with less-than-happy trading news to impart choose yesterday because it was such a crowded day for high street updates, he wondered out loud in a note to clients. "This is a good day to bury bad news, so pride of place should go to the PR geniuses at Tulchan for choosing today to announce that like-for-likes at [their client] New Look were down 9 per cent," said the cynical Bubb.
Thursday 13 January 2011
Investors were hanging up on Vodafone last night, as analysts urged caution over what the year ahead will bring for the telecommunications giant. Concerns over regulation and an increase in competition led Barclays Capital to reduce its advice on the mobile phone company to "equal weight" from "overweight".
Monday 10 January 2011
Investors were not exactly raving about Ocado after it floated in July, but things have been looking up recently for the online grocer and last week it finally made it past its initial float price of 180p.
Wednesday 22 December 2010
Deutsche Bank, the German financial giant, agreed to pay fines totalling $554m in order to avoid prosecution in the US over tax shelter advice it gave to wealthy investors.
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