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BANKING
NatWest takes Permanent TSB stake through Irish loans sale
PSTB's total consideration is €6.4bn cash plus 90.9mln of new shares in the Irish group.
Natwest Group PLC is to take a 16.7% stake in Irish lender Permanent TSB under the terms of a…
Bank shares jump as Bank of England raises interest rates
The bank's monetary policy committee said the effect of the Covid-19 Omicron variant on the economy was as yet unclear, with analysts saying the hike was a tacit admission that there…
Anchorage attracts Wall St big beasts as value soars to US$3bn
Anchorage has raised US$350mln in a Series D funding round backed by some of Wall St’s super-heavyweights and taking the total valuation of the cryptocurrency custody firm to more than…
FIVE at FIVE: Ocado lands legal blow, IPO party still going, run on Covid test kits…
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you direct to the news and analysis
1 - Ocado wins the latest round of 'robot wars'
The…
Lloyds Banking had least headroom in bank stress test but analysts split over…
If a bank board wanted the basis upon which to slow the return of the excess capital, this stress test "proves apt", said analysts at UBS
Lloyds Banking Group PLC (LSE:LLOY) had the…
HSBC to phase out financing of thermal coal by 2030 in EU/OECD, by 2040 worldwide
The bank said it intends to reduce its exposure to thermal coal financing by at least 25% by 2025 and by 50% by 2030
HSBC PLC (LSE:HSBA) said it plans to phase out the financing of…
Banks’ capacity for dividend distributions will be determined at today’s…
Britain’s big banks have around 27% of their market valuations available to fund shareholder distributions or for other uses, according to JPMorgan
The Bank of England is due to release…
Lloyds Banking widens commercial banking pilot with TruFin’s Satago
The lender’s new chief executive was recently reported to be planning to drive a new phase of growth based on an expansion of commercial banking and other businesses
Lloyds Banking Group…
Lloyds Banking’s new boss eyes growth drive built around property, wealth
Financing the transition to net zero is another reported area of focus, along with broadening support for the bank’s international clients, including building out its New York office…
Nationwide names Debbie Crosbie as new CEO
Crosbie, who is currently the CEO of TSB, will take up her position in the first half of 2022
Nationwide Building Society said it appointed Debbie Crosbie as its next chief executive,…
