Lloyds Banking Group Plc Chief Executive Officer Antonio Horta-Osorio should spell out how and when he’s planning to cut costs when he briefs investors next week, after rivals at HSBC Holdings Plc and Barclays Plc failed to do so, analysts say.
BusinessWeek.com — Finance
Bank investors may have to wait at least another quarter for trading to rebound as analysts expect lower trading revenue in the current period, the fifth straight year-over-year drop, amid weaker volume and market declines.
BusinessWeek.com — Finance
Glencore International AG, the largest commodities trader, is poised to talk with potential key investors in an initial public offering as briefings for analysts begin, said people with knowledge of the plan.
BusinessWeek.com — Finance
Glencore International AG, the largest commodities trader, is set to start talks with potential investors for an initial public offering and will begin briefing analysts today, said people with knowledge of the plan.
BusinessWeek.com — Finance
Royal Bank of Scotland Group Plc, the U.K.’s biggest government-owned bank, will be the lender worst hit by yesterday’s agreement with the Treasury to curb bonuses and boost lending, analysts said. British taxpayers may end up bearing the cost.
BusinessWeek.com — Finance
The world’s most accurate foreign- exchange forecasters say the dollar will be the best currency to own this year as the Federal Reserve’s bond purchases bolster the U.S. economy instead of debasing America’s legal tender.
BusinessWeek.com — Finance
Following the advice of equity analysts may be perilous for your profits.
BusinessWeek.com — Finance