The London market sunk deeper into the red today after further falls in commodity prices hit traders' confidence.
British bank Barclays received a broadside from the City today after shareholders voted to approve a controversial £7bn (€8.2bn) fundraising that will put almost a third of the bank into Middle East ownership.
Investors in Barclays will meet today to approve a £7bn (€8.2bn) fund-raising which could put almost a third of the bank in the hands of Middle East investors.
British bank Barclays said today that executive directors will not receive any annual bonus this year as the bank seeks to pacify investors over its £7bn (€8.3bn) fundraising.
Barclays’ plans to tap Middle Eastern investors for a multi-billion boost came under mounting pressure today as a major shareholder group raised concerns over the deal.
Dame Clara Furse is planning to step down from her role as chief executive of the London Stock Exchange, it was reported today.
The London Stock Exchange (LSE) is today reportedly launching hefty fee cuts and incentives to help it fend off a raft of new equity trading rivals.
Less than a fifth of Barclays existing shareholders opted to buy new shares in the bank as part of a £4.5bn (€5.7bn) fund raising scheme, the company said today.
The London Stock Exchange could join forces with two rivals to create a trading platform spanning three continents, it was reported today.
Potential buyers were today given until Friday to signal interest in US bourse Nasdaq’s 31% stake in the London Stock Exchange.
Qatar could make a £1bn (€1.47bn) swoop to buy almost a third of the London Stock Exchange, it was reported today.
Thursday, September 24, 2020 - 10:00 PM
Thursday, September 24, 2020 - 9:00 PM
Friday, September 25, 2020 - 6:00 AM