LONDON (Reuters) - Barclays Plc (BARC.L) set aside 500 million pounds ($800 million) in the third quarter to cover potential fines for rigging currency markets, taking the shine off a rise in profits as its retail business performed well and costs were cut.
British multimedia giant BT posted strong second quarter results as demand for broadband and sports help boost its profits. Earnings before interest and tax were up by 1% to £1.4bn (€1.8bn, $2.2bn) for the company that has recently successfully challenged ...
Shell put arch rival BP in the shade after it rode out oil-price “volatility” and turned to US corporate veteran Chad Holliday to be its new chairman.
National Australia Bank (NAB), which has owned Glasgow-based Clydesdale since 1987, said it was considering a broad range of options for the bank.
FRANKFURT Oct 30 (Reuters) - Deutsche Bank is one of several financial firms chosen by the European Central Bank to help carry out its plans to buy asset backed securities, two people familiar with the situation said on Thursday.