The U.K. bank will shut regional cash equities operations, fully exit from Brazil, Russia, Taiwan and South Korea Barclays PLC Thursday said it would refocus its investment bank in the ... Read More
Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) today announced that it expects to incur a number of charges that will contribute to an overall loss for the fourth quarter 2015: Expected ... Read More
China fears! Billions of dollars lost! Unprecedented volatility! With investment markets in full blown panic mode, two listed investment company stalwarts are advising investors to keep cool heads as ... Read More
Who’s going to buy the tens of millions of empty flats held as investments? I’ve been writing a lot about China recently because it’s becoming increasingly clear that China’s ... Read More
Bank’s trading revenue drops 9%, while investment banking is a bright spot Goldman Sachs Group Inc. predicted that this month’s stock-market swoon wouldn’t derail a merger boom that proved one of ... Read More
U.S. oil prices crashed below $27 dollars a barrel on Wednesday for the first time since 2003, caught in a broad slump across world financial markets with traders also ... Read More
The Russian ruble has just collapsed to its lowest ever level. It dropped 4% to 82 rubles per U.S. dollar on Wednesday, passing a previous low hit in late ... Read More
Markets in Asia lost early gains and tumbled into negative territory in afternoon trade, following another selloff on Wall Street overnight on global growth concerns, uncertainty in China and ... Read More
Footsie plunged 203 points or 3.5% to close at 5,673 That means £52bn has been wiped off blue-chip share values today Now more than 20% below April 2015’s 7,103 ... Read More
Royal Dutch Shell has reported a sharp drop in profits just a week before shareholders vote on its planned takeover of smaller rival BG Group. For the fourth quarter ... Read More
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