LONDON A corporate makeover at Barclays (BARC.L) under CEO Jess Staley showed signs of paying off on Friday as the British bank reported an improved performance in its key businesses, helping send its shares up more than 7 percent.
LONDON British consumer morale suffered its sharpest drop in more than 26 years after last month's decision by voters to leave the European Union, according to figures that are likely to embolden Bank of England policymakers to take action next week.
... * BOJ eases, but still disappoints markets. * Yen surges, bond yields rise. * European financials rally. By Jamie McGeever. LONDON, July 29 The yen jumped on Friday and Japanese government bond yields rose the most in eight years, lifting global ...
Foxtons said it would open fewer new branches next year if the downturn persists. Photograph: Alicia Canter for the Guardian. Julia Kollewe.
The board of the troubled Italian bank Monte dei Paschi di Siena is meeting to weigh up to potential solutions. Photograph: Alessandro Bianchi/Reuters.