How has Amigo Holdings managed to sustain its business amid the risi...

Source: Freedomz, Shutterstock Summary Amigo Holdings PLC had reported a plunge of 36.9% in its revenue during 9M FY21 ended 31 December 2020....

Lloyds bank resumes dividend payments despite a large plunge in prof...

  The profits for the Lloyds Banking Group plc (LON: LLOY) have dropped by 72 per cent after the bank set aside £4.2 billio...

What Prompted Aviva To Sell Aviva France To Macif's Aéma Groupe

Source: Shutterstock Summary The London-headquartered Aviva PLC approves the sale of its French business for €2 billion. The transaction i...

What led HSBC to resume dividend pay-outs despite a drop in profits

  Europe’s largest bank by assets HSBC Holdings Plc (LON: HSBA) announced its plans on Tuesday, 23 February to resume dividend payments af...

Why M&T Bank is set to acquire People’s United for a US $7-bn deal 

Source: Shutterstock Summary M&T Bank Corporation is all set to acquire People’s United Financial Inc for a deal worth ...

Why Is Natwest Pulling Out of The Irish Market?

Summary UK-based bank Natwest announced a loss of £351 million for 2020 after setting aside a bad debt provision of £3.2 billion. The...

What significant factors led Plus500 to achieve record performance d...

Summary Plus500 Ltd had delivered total revenue growth of around 146% YoY during FY20. PLUS had achieved an EBITDA margin of 59% during FY20. The...

What significant factors led JTC to acquire INDOS for around £12.5 m...

Summary JTC Plc had shown an increase of 15.2% in its revenue during H1 FY20. JTC would acquire INDOS for around £12.5 JTC had a cash conve...

What’s Brewing Up At 3i Group Plc Counter?

Summary 3i Group Insiders have been quite active in the market and have bought nearly £60 million of shares in last twelve months. Simon Bor...

How Arrow Global’s new sustainability head will drive its ESG practi...

Summary Arrow Global announced the appointment of new group head of sustainability, Paul Woods. The news comes just ...

Is Phoenix Group Holdings striking a deal with Standard Life Aberdee...

  Scotland-based global investment company Standard Life Aberdeen PLC (LON: SLA) is in talks to sell its&nbsp...

Why HSBC's Decision to Freeze Accounts of Hong Kong Activist Is in M...

Summary Around 50 parliamentarians from all over the world have urged the bank to repeal the decision of freezing accounts. The political leaders...

Warehouse REIT and Distribution Finance announce fundraising plans 

Summary Warehouse REIT and Distribution Finance have separately announced fundraising plans. The companies are expected to raise up to &pound...

Metro Bank increasing its foothold in B2B lending space

Summary Metro Bank has been successful in acquiring a portfolio of loans at par value on 2 February. The shares of the bank rose in Tuesday’...

What factors caused Paragon Banking Group to report a decline in len...

Summary Paragon Banking Group Plc had reported a marginal reduction of 1% in its revenue during FY20 ended on 30 September 2020. The specialist bu...

London Stock Exchange (LON: LSEG) Completes Refintiv Deal

Summary The London Stock Exchange has successfully completed its $27-billion deal with Refinitiv, as it aspires to transform into a major financial...

FCA asks biggest retail banks not to close branches 

Summary The Financial Conduct Authority has asked the banks to rethink over their decision of branch closures. HSBC announced it wo...

What significant factors led the IG Group Holdings to announce the a...

Summary IG Group Holdings Plc had reported a record increase of 67% year-on-year in its net trading revenue during H1 FY21 ended on 30 November 202...

HSBC (LON: HSBA) to Shut Its Main Branches in Scotland

Summary Footsie-listed banking giant HSBC Holdings Plc may close two of its main branches in Scotland. The deserted high streets in the wake of l...

Planning to Visit HSBC? Do Wear A Face Mask or Else Your Account Can...

Summary Customers are supposed to wear masks and observe safe distancing protocols while visiting bank branches. Flouting of rules could lead to a...