Most European stocks rose, after yesterday’s biggest rally for the Stoxx Europe 600 Index in three months, as speculation mounted that Greece will avoid a default. Asian equities and U.S. futures also increased.
BusinessWeek.com — Finance
European stocks rose, extending yesterday’s biggest rally for the Stoxx Europe 600 Index in three months, on mounting speculation that Greece will avoid a default. Asian equities and U.S. futures also advanced.
BusinessWeek.com — Finance
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
European stocks pared their gains, with the benchmark Stoxx Europe 600 Index trading near a 2 1/2 month low, as carmakers dropped and banks climbed. U.S. futures were little changed, while Asian shares retreated.
BusinessWeek.com — Finance
European stocks climbed, with the benchmark Stoxx Europe 600 Index paring this week’s drop, as the Group of Eight said the global economy is strengthening.
BusinessWeek.com — Finance
Lloyds Banking Group Plc, Britain’s biggest mortgage lender, said it hired Citigroup Inc. and JPMorgan Chase & Co. to oversee the sale of 600 branches as required by European Union regulators.
BusinessWeek.com — Finance
Lloyds Banking Group Plc, Britain’s biggest mortgage lender, hired banks including JPMorgan Chase & Co. and Citigroup Inc. to oversee the sale of 600 branches, two people with knowledge of the decision said.
BusinessWeek.com — Finance
Lloyds Banking Group Plc expects to more than double its Irish bad-loan charge in the second half following a “significant” worsening of conditions in the country.
BusinessWeek.com — Finance