Finance

SHARE BUYBACKS LIKE BP’S SET TO GENERATE EUROPE EQUITY OUTPERFORMANCE VERSUS US SAYS THE GROUP OF BOUTIQUE FUND MANAGERS (GBAM)

SHARE BUYBACKS LIKE BP’S SET TO GENERATE EUROPE EQUITY OUTPERFORMANCE VERSUS US SAYS THE GROUP OF BOUTIQUE FUND MANAGERS (GBAM)

  5th May 2022:The compounding effects of share buybacks, since the 1980s, have been identified as the critical factor enabling t..

Finance

May 11, 2022 · 2 min read

Wall Street set to open higher, oil prices extend losses

Wall Street set to open higher, oil prices extend losses

By Elizabeth Howcroft LONDON (Reuters) -European stock indexes rose on Tuesday as risk appetite showed some signs of picking up again ..

Finance

May 10, 2022 · 2 min read

Cryptoverse: Buying the dip? Bitcoin’s a rates rookie

Cryptoverse: Buying the dip? Bitcoin’s a rates rookie

By Lisa Pauline Mattackal and Medha Singh (Reuters) – Bitcoin has scant experience with rising interest rates, posing perils for..

Finance

May 10, 2022 · 3 min read

Stocks slide on growth fears, oil tumbles

Stocks slide on growth fears, oil tumbles

By Sinéad Carew NEW YORK (Reuters) – Stock indexes around the world fell sharply on Monday and the dollar reversed course after ..

Finance

May 9, 2022 · 3 min read

Bitcoin falls to 22-month low as stock markets tumble

Bitcoin falls to 22-month low as stock markets tumble

By Alun John and Elizabeth Howcroft HONG KONG / LONDON (Reuters) -Bitcoin fell to its lowest level since July 2021 on Monday as slumpi..

Finance

May 9, 2022 · 1 min read

BoE’s Saunders worries inflation will be higher than forecasts

BoE’s Saunders worries inflation will be higher than forecasts

By David Milliken and William Schomberg LONDON (Reuters) -Bank of England policymaker Michael Saunders, who called in vain for a big i..

Finance

May 9, 2022 · 2 min read

Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules

Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules

By Brenna Hughes Neghaiwi ZURICH (Reuters) -Lawmakers blocked a bid to overhaul strict Swiss banking secrecy rules on Friday in a blow..

Finance

May 6, 2022 · 2 min read

Rouble weakens sharply from over 2-year high vs euro before long weekend

Rouble weakens sharply from over 2-year high vs euro before long weekend

(Reuters) -The Russian rouble dropped sharply on Friday, pulling back from a more than two-year high against the euro as the spectre o..

Finance

May 6, 2022 · 1 min read

U.S. rate outlook hits stocks, propels dollar to 20-year highs

U.S. rate outlook hits stocks, propels dollar to 20-year highs

By Carolyn Cohn LONDON (Reuters) – U.S. stock futures were indicating a lower open on Friday following a slide in the previous s..

Finance

May 6, 2022 · 3 min read

Stocks tumble on inflation fears, Treasury yields jump

Stocks tumble on inflation fears, Treasury yields jump

By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – U.S. Treasury yields rose and a gauge of global equity markets slumpe..

Finance

May 5, 2022 · 2 min read

BoE flags risk of recession and 10% inflation as it raises rates again

BoE flags risk of recession and 10% inflation as it raises rates again

By David Milliken, William Schomberg and Andy Bruce LONDON (Reuters) -The Bank of England sent a stark warning that Britain risks a do..

Finance

May 5, 2022 · 4 min read

Dollar slips before expected Fed rate hike

Dollar slips before expected Fed rate hike

By Karen Brettell NEW YORK (Reuters) – The dollar fell against a basket of currencies on Wednesday ahead of the outcome of a Fed..

Finance

May 4, 2022 · 2 min read

Just Eat Takeaway faces shareholder backlash over dealmaking

Just Eat Takeaway faces shareholder backlash over dealmaking

(Reuters) – Just Eat Takeaway.com NV board was under fire on Wednesday from investors at its AGM who criticised its dealmaking a..

Finance

May 4, 2022 · 2 min read

Stocks rise, U.S. yields slip as markets await Fed rate hike

Stocks rise, U.S. yields slip as markets await Fed rate hike

By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) -A gauge of global equity markets edged higher on Tuesday while 10-year U.S..

Finance

May 3, 2022 · 3 min read

More than 23,000 equity release customers cashed in property wealth in Q1

More than 23,000 equity release customers cashed in property wealth in Q1

  The number of new and returning equity release customers reached a new quarterly high of 23,395 between January and March this..

Finance

May 2, 2022 · 5 min read

Dollar on track for best month since 2015

Dollar on track for best month since 2015

By Karen Brettell NEW YORK (Reuters) – The dollar slipped from 20-year highs against a basket of currencies on Friday but remain..

Finance

Apr 29, 2022 · 3 min read

Qualco UK goes live with Open Banking Solutions

Qualco UK goes live with Open Banking Solutions

Qualco UK today went live with two new solutions, featuring open banking technology delivered by a number of key partners. Working wit..

Finance

Apr 29, 2022 · 1 min read

Rewire partners with Paysafe to drive financial inclusion for migrants through cash management

Rewire partners with Paysafe to drive financial inclusion for migrants through cash management

  Leveraging Paysafe’s eCash solution Paysafecash, Rewire is set to provide financial services to cash-reliant migrant communitie..

Finance

Apr 29, 2022 · 5 min read

Nium Signs Definitive Agreement to Acquire Alternative Payments Network Platform, Socash

Nium Signs Definitive Agreement to Acquire Alternative Payments Network Platform, Socash

  Acquisition combines Socash’s technology for local payment acceptance with Nium’s global platform for money movement network fo..

Finance

Apr 29, 2022 · 2 min read

Merchants could be losing MILLIONS annually due to unoptimised payments strategies, new report from emerchantpay finds

Merchants could be losing MILLIONS annually due to unoptimised payments strategies, new report from emerchantpay finds

  91% UK and German businesses surveyed estimate they could be losing up to 25% turnover due to due to shortcomings in their pay..

Finance

Apr 29, 2022 · 4 min read

Moneyhub teams up with Wyzr to automate financial planning 

Moneyhub teams up with Wyzr to automate financial planning 

  Bristol, 20 April 2022 – Moneyhub, the market-leading Open Data and payments platform, is partnering with financial techn..

Finance

Apr 29, 2022 · 2 min read

Analysis-Banks lag bond yield surge as recession worries trump cheap valuations

Analysis-Banks lag bond yield surge as recession worries trump cheap valuations

By Danilo Masoni MILAN (Reuters) – Expectations of rising interest rates have failed to lift valuations of European bank shares ..

Finance

Apr 28, 2022 · 3 min read

Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan

Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan

By Karen Brettell NEW YORK (Reuters) – The dollar hit a 20-year high against rivals on Thursday as the Bank of Japan doubled-dow..

Finance

Apr 28, 2022 · 3 min read

Closer U.S. ties would ‘reboot’ UK finance after Brexit, says report

Closer U.S. ties would ‘reboot’ UK finance after Brexit, says report

By Huw Jones LONDON (Reuters) -Britain should move further and faster in reforming its financial rules to ‘reboot’ after B..

Finance

Apr 28, 2022 · 1 min read

Analysis-Euro peers over the cliff at dollar parity as recession looms

Analysis-Euro peers over the cliff at dollar parity as recession looms

By Saikat Chatterjee LONDON (Reuters) – The euro’s drop to a five-year low is rekindling the possibility the currency will..

Finance

Apr 27, 2022 · 3 min read

BoE set to walk the line between inflation and recession

BoE set to walk the line between inflation and recession

By William Schomberg LONDON (Reuters) – The Bank of England next week will try to walk what Governor Andrew Bailey calls a ̶..

Finance

Apr 27, 2022 · 3 min read

Economic growth risks jolt inflation-obsessed markets

Economic growth risks jolt inflation-obsessed markets

(Refiles to fix date to April 27 not April 26) By Sujata Rao and Dhara Ranasinghe LONDON (Reuters) – After months focusing on ce..

Finance

Apr 27, 2022 · 4 min read

Britain says EU will struggle to shift euro clearing from London

Britain says EU will struggle to shift euro clearing from London

By Huw Jones LONDON (Reuters) – Britain’s financial services minister said on Tuesday that the European Union would find i..

Finance

Apr 26, 2022 · 1 min read

Be simple in bank capital, Bank of England tells global regulators

Be simple in bank capital, Bank of England tells global regulators

By Huw Jones LONDON (Reuters) – The complex system of bank capital buffers could be radically simplified to encourage banks to k..

Finance

Apr 26, 2022 · 1 min read

Stocks, commodities prices tumble on hawkish Fed, China worries

Stocks, commodities prices tumble on hawkish Fed, China worries

By Chris Prentice and Marc Jones WASHINGTON/LONDON (Reuters) -Traders ditched riskier assets on Monday as relief over Emmanuel Macron&..

Finance

Apr 25, 2022 · 4 min read

U.S. dollar rallies to more than 2-year hike on steep Fed rate hike outlook

U.S. dollar rallies to more than 2-year hike on steep Fed rate hike outlook

(Adds bank affiliation BNP Paribas in analyst quote in 5th paragraph) By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK (Reuter..

Finance

Apr 22, 2022 · 3 min read

Wall Street ends lower as bond yields jump on growth concerns

Wall Street ends lower as bond yields jump on growth concerns

By Pete Schroeder WASHINGTON (Reuters) – Wall Street ended the day lower in a choppy trading day on Monday, while U.S. Treasury ..

Finance

Apr 18, 2022 · 2 min read

Dollar rebounds as Brainard assures markets Fed will stay the course

Dollar rebounds as Brainard assures markets Fed will stay the course

By Hannah Lang WASHINGTON (Reuters) -The dollar rebounded on Tuesday after digesting slightly softer-than-expected U.S. inflation data..

Finance

Apr 12, 2022 · 3 min read

Dollar slides from near two-year high amid hawkish signals from Fed

Dollar slides from near two-year high amid hawkish signals from Fed

By Gertrude Chavez-Dreyfuss and Tommy Wilkes NEW YORK/LONDON (Reuters) – The dollar slipped from a near two-year high on Thursda..

Finance

Apr 7, 2022 · 3 min read

UK finance regulators should pay heed to energy security policy, says Sunak

UK finance regulators should pay heed to energy security policy, says Sunak

By Huw Jones LONDON (Reuters) – Britain’s finance minister Rishi Sunak on Thursday called on the country’s financial..

Finance

Apr 7, 2022 · 1 min read

Central Bank of Ireland approves QIAIF exposure to cryptocurrency as Irish domiciled funds surpass €4trn

Central Bank of Ireland approves QIAIF exposure to cryptocurrency as Irish domiciled funds surpass €4trn

  ∙       Central Bank of Ireland approves, in principle, QIAIFs with a low level of exposure to cash settled Bitcoin futures, th..

Finance

Apr 4, 2022 · 2 min read

Romance fraud is on the rise: How can banks protect their customers?

Romance fraud is on the rise: How can banks protect their customers?

By: Jamie Melling, CEO — Smartnumbers A surge in romance scams has seen fraudsters swindle Brits out of an average of £8,650, with the..

Finance

Mar 29, 2022 · 3 min read