Latest in HSBC to exit parts of investment banking business in UK, US and Europe
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Lloyds Banking Group to close another 136 branches – business live
The bank says that the shift to digital banking has prompted further branch closes. Rachel Reeves has confirmed that the Labour government will back a third runway at London’s Heathrow airport. . ...The Guardian - 1d -
Coca-Cola Recalls Drinks in Parts of Europe Over High Levels of Chlorate
Elevated amounts of the chemical were found in some soft drinks sold in Belgium, Luxembourg and the Netherlands.The New York Times - 2d -
HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four business units.CNBC - 2d -
HSBC to exit parts of investment banking business in UK, US and Europe
Lender to wind down in businesses where it has struggled to compete with rivalsFinancial Times - 2d -
Scottish state bank risks missing 2030 investment target
SNIB faces potential shortfall of £400mn on £2bn lending budget, estimates showFinancial Times - 2d -
Reeves seeks to unlock billions from UK pension schemes for investment
Ministers set to allow companies to access defined benefit scheme surpluses to help kick-start growthFinancial Times - 4d -
‘Move closer to Europe – not Trump’ voters tell Starmer in major UK poll
Pressure growing on Labour to improve trade with EU as Rachel Reeves admits Brexit damaged UK. Keir Starmer is under growing pressure to forge closer economic links with Europe five years on from ...The Guardian - 5d -
Andreessen Horowitz to close London office in pullback from UK crypto investing
Silicon Valley investor says it wants to refocus on US market with Donald Trump in officeFinancial Times - 6d -
CaixaBank's CFO Sees Case for Dealmaking Among Europe's Banks
Growth through acquisitions isn’t part of CaixaBank’s latest three-year plan, it should be for other banks in Europe, Caixa’s finance chief Javier Pano said in an interview.The Wall Street Journal - 6d -
Storm Éowyn poses danger to life in parts of UK and Ireland with 100mph winds
Flights cancelled, schools closed and millions told to stay amid record gusts, snow and heavy rain. Storm Eowyn live – latest updates Flights have been delayed, roads closed and ferry services ...The Guardian - 6d -
Trump tells world business leaders to invest in the US or else
President Donald Trump gave international business leaders to invest in the U.S. or else.ABC News - Jan. 23 -
What is the pan-Europe customs area that the EU is open to the UK joining?
Trade chief has said membership of Pan-Euro-Mediterranean convention could be part of ‘reset’ discussions. EU trade chief says it ‘could consider’ UK joining PEM Business live – latest ...The Guardian - Jan. 23 -
Ministers weigh signing up UK to Europe customs scheme
EU trade chief says adding Britain to pan-European area is something Brussels ‘could consider’Financial Times - Jan. 23 -
Europe must be prepared for Trump tariffs, European Central Bank chief warns
European Central Bank President Christine Lagarde spoke to CNBC at the World Economic Forum in Davos.CNBC - Jan. 22 -
A smart play for UK’s ‘open for business’ agenda
Government ousts chair of regulator whose decision to initially block Microsoft-Activision deal sent unhelpful signalsFinancial Times - Jan. 22 -
Europe bank bosses yearn for M&A as U.S. dealmaking expected to take off
"There are too many banks in Europe for an efficient capital system," one CEO told CNBC at the World Economic Forum in Davos, Switzerland.CNBC - Jan. 21 -
US exit from WHO could see fifth of budget disappear
Trump has long been critical of how the Geneva-based institution handled the Covid-19 pandemic.BBC News - Jan. 21 -
Why Europe will struggle to buy more US gas
Donald Trump has threatened EU with tariffs unless bloc steps up LNG importsFinancial Times - Jan. 20 -
Has business activity picked up in Europe?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 19 -
Santander considers UK exit amid frustrations with high street banking
Spanish group reviewing its presence in the country as returns lag other marketsFinancial Times - Jan. 18 -
UK companies outpace US businesses in share buybacks
FTSE groups adopt practice that has drawn criticism from lawmakers but research suggests it could lift long-term share priceFinancial Times - Jan. 17 -
UK watchdog scrutinises investment trusts’ battle with US hedge fund
FCA encourages Hargreaves Lansdown, Interactive Investor and AJ Bell to make shareholders aware of looming votesFinancial Times - Jan. 16 -
Starmer says UK will play ‘full part’ in guaranteeing Ukrainian security
British prime minister leaves door open for British troop presence in UkraineFinancial Times - Jan. 16 -
Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
UK companies plan to invest in AI instead of hiring staff as costs rise
A new poll says 51 per cent of business leaders aim to redirect investment this yearFinancial Times - Jan. 13 -
UK businesses back scheme to prevent repeat offending
Prisons minister James Timpson’s initiative will see people on probation and serving sentences outside jail helped into workFinancial Times - Jan. 10 -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - Jan. 9 -
Surgeon general offers 'parting prescription' for US
Outgoing U.S. Surgeon General Vivek Murthy offered a “parting prescription” to the U.S. in a document released Tuesday. “As I finish my tenure as Surgeon General, this is my parting prescription, ...The Hill - Jan. 7 -
Rain and snow lead to flooding and disrupt travel in parts of the UK
People have been rescued from flooded homes and stranded cars as a soggy and cold spell continued to disrupt life across parts of the U.K. as more wintry weather was expectedABC News - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
Europe is not a business backwater
Comparisons with the US stock market undersell the continent’s companies and their potentialFinancial Times - Jan. 5 -
Watch: Snowy Sunday in parts of the UK
Many people in the north of England and Wales woke up to wintery scenes.BBC News - Jan. 5 -
The UK does have a special relationship – but it’s with Europe | William Keegan
The government is only deceiving itself by trying to ‘make Brexit work’ and forlornly pursuing a trade deal with Trump. Walter Scott knew a thing or two: “Oh what a tangled web we weave/When first ...The Guardian - Jan. 5 -
Parts of UK disrupted as snow and freezing rain arrive – live
Police report road collisions and warn motorists only to travel if necessary while power cuts affect parts of England and Wales. National Highways warned a “spell of disruptive snow” would spread ...The Guardian - Jan. 4 -
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Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial Times - Jan. 2
