Politicians urge LSE to cancel meeting with Saudis after Khashoggi killing
Senior politicians have called on the London Stock Exchange Group (LSE) to cancel a planned meeting with Saudi officials amid the international fallout from the killing of journalist Jamal Khashoggi....
View ArticleDeutsche Boerse steps up clearing battle with London
Deutsche Boerse has stepped up its challenge to the Square Mile by expanding its clearing house partnership, as rival cities bid to replace London as Europe’s financial capital after Brexit. The London...
View ArticleLondon Stock Exchange boosts holding in clearing house LCH
The London Stock Exchange Group (LSE) grew revenue five per cent in the third quarter it said today as it announced a further £384m investment in clearing house LCH Group Holdings. In the quarter to 30...
View ArticleUnilever keeps UK headquarters: Investors react
Unilever’s awkward climbdown over its attempt to move its main listing to the Netherlands is unlikely to be the last, according to one financial expert, as investors reacted to the company’s decision...
View ArticleLSE Group appoints Marshall Bailey as LCH Group chairman
London Stock Exchange Group has appointed financial services veteran Marshall Bailey as chairman of its clearing business LCH Group. The move, which is effective immediately, will see current LCH...
View ArticleLondon Stock Exchange executes no deal contingency plans
The London Stock Exchange is executing its contingency plans for a hard Brexit, amid growing uncertainty a deal can be struck in time. The firm this morning reported a 21 percent rise in first-half...
View ArticleCity watchdog defends controversial rules to clear way for Aramco listing
The top financial watchdog has split the City with controversial changes to listing rules which could allow Saudi Aramco to list in London, but Financial Conduct Authority (FCA) boss Andrew Bailey...
View ArticleThe London Stock Exchange opening has been delayed by an hour
The London Stock Exchange open this morning was delayed due to a "technical issue" that has now been resolved. A London Stock Exchange Group spokesperson confirmed the opening auction had been delayed....
View ArticlePanel named to decide the fate of Britain's top accounting watchdog
Sir John Kingman, who has been charged with leading a landmark inquiry into Britain's chief accounting watchdog, today named an 11-person panel laden with City bigwigs. The Financial Reporting Council...
View ArticleLook closely: London's stock market is shrinking
Something strange is happening to London’s equity market. In a word, it is shrinking. Steadily, but surely, and over a long period of time. This threatens to have long-term financial and economic...
View ArticleDefenx set to join AIM market tomorrow
Defenx, the smartphone security software business, is finally set to launch on the London Stock Exchange's junior AIM market after delays this week pushed back its admission. The company raised £2.1m...
View ArticleLSE gets a US health-kick in Global Entry breakfast launch
Despite the indulgences and parties of the holiday season, it looks like more than a few high-flying City slickers are cutting back on the carbs in the run up to Christmas. At Monday's Global Entry...
View ArticleUS ambassador: Americans should still come to the UK
American citizens should continue to work, travel and study in Britain despite a worldwide travel alert put in place by the US state department, the US ambassador to the UK has said. Speaking to City...
View ArticleLSE Group to sell Russell Investments for £752m
The London Stock Exchange Group has agreed to sell asset manager Russell Investments to US private equity firm TA Associates for £752m. The London Stock Exchange initially announced its intention to...
View ArticleHSBC latest to withdraw as Aim nomad
HSBC is the latest bank to leave Aim, the London stock exchange’s market for smaller growing companies.The bank has withdrawn its status as a nominated adviser (nomad), making it the latest major...
View ArticleLSE profit soars on Russell integration
Shares rose 2.44 per cent after the group's first half earnings were boosted by its recently acquired global indexes business FTSE-Russell.The figuresThe London Stock Exchange Group (LSEG) said pre-tax...
View ArticleLSEG buoyed by rise in volumes
Things were looking up for London Stock Exchange Group (LSEG) in the five months to the end of May - although volumes were less encouraging on its junior market.The figuresNew issues on LSEG's main...
View ArticleLSEG appoints Donald Brydon as its new chairman
London Stock Exchange Group (LSEG) has appointed Donald Brydon as its new chairman.Brydon has an impressive CV, having served as chairman of Royal Mail as well as spending 15 years at AXA, where he...
View ArticleMarkets riled after Saudi Arabia launches airstrikes in Yemen
Tensions in the Middle East stirred global markets today pushing nervous investors into safe-haven assets.Investors sought safety in gold, pushing bullion prices up to a two-and-a-half week high of...
View ArticleLSE is executing its no deal contingency plans for Brexit already
The London Stock Exchange is executing its contingency plans for a hard Brexit, amid growing uncertainty a deal can be struck in time. The firm this morning reported a 21 percent rise in first-half...
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