TSB's chief executive, Paul Pester has rejected suggestions by MPs that the newly liberated bank may not be large enough to challenge the �big five�.
One of Tesco's most prominent institutional shareholders has ditched its remaining stake in the company and cast doubt on the retailer's recovery prospects under its new chief executive.
NEW YORK (Reuters) - Global equity markets rose on Friday after strong corporate results from Microsoft and Procter & Gamble and reduced concerns over the possible spread of Ebola boosted U.S.
Tesco shares fell to their lowest level in more than 11 years on Friday after the retailer's credit rating was downgraded and news emerged that an institutional shareholder had sold off his stake.
The chief executive of Shire plc, which has major operations in Massachusetts, said Friday that his company's prospects remain bright despite the recent collapse of a $55 billion merger with another biopharmaceutical company.