Nvidia triggers robust inflows into global equity funds
In the week ending February 28, global equity funds experienced significant inflows, buoyed by a surge in stock…
March 2024
L&G hires new advisers ahead of strategic overhaul
Legal & General has brought on board new advisors to assist the newly appointed CEO, Antonio Simoes, in…
Bank of England pauses interest rate rises
In a closely contested decision amid escalating economic challenges, the Bank of England’s Monetary Policy Committee (MPC) opted…
Lloyds to cull 1600 branch jobs
Lloyds Banking Group has announced it will be reducing its workforce by approximately 1,600 positions across its branches,…
80% profit increase for Danske Bank
Danske Bank has announced a substantial 80% surge in its pre-tax profits, reaching £186m in 2023, with the…
Lloyds shuts down mobile banking service
Lloyds has announced the termination of its mobile van banking service this year, alongside a reduction of 1,600…
Deutsche Bank set to axe 3500 jobs
Deutsche Bank, Germany’s premier financial institution, has announced plans to eliminate 3,500 positions globally by the end of…
Barclays stops direct funding for oil, gas projects
Barclays has declared an end to its direct financing for new oil and gas ventures, in addition to…
NatWest reports profit of £6.2bn
NatWest Group has announced its most substantial annual profit since the eve of the financial crisis in 2007,…
HSBC sees steep rise in pre-tax profits
HSBC, the largest bank in Europe, has reported a significant increase in its pre-tax profits, which surged by…