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The British government has sold a 7.7 percent stake in Royal Bank of Scotland, taking a tentative step toward returning the bank to private ownership almost a decade after it was bailed out at the height of the financial crisis......»»

Britain's government sells 7.7 percent of Royal Bank of Scotland shares for 2.5 billion pounds ($3.33 billion), realising a loss of more than two billion pounds on part of its investment in the lender it rescued in 2008. Ivor Bennett reports......»»

Major world stock indexes rose on Wednesday, with the S&P 500 supported by sharply higher U.S. bank shares after strong earnings, while the pound was up after British Prime Minister Theresa May's government won a confidence vote in parliament......»»

Major world stock indexes rose on Wednesday, with the S&P 500 supported by sharply higher U.S. bank shares after strong earnings, while the pound was up after British Prime Minister Theresa May's government won a confidence vote in parliament......»»

State-backed British bank Royal Bank of Scotland is to consult with shareholders on plans for a buyback of its shares owned by the Government, using excess capital to accelerate its return to private ownership......»»

Royal Bank of Scotland will consult with shareholders on plans to buyback shares owned by the British government using excess capital to accelerate a return to private ownership......»»

The Bank of England and Her Majesty's Treasury are seeking to plant the Union Jack in the midst of the digital currency realm with Britcoin. read more.....»»

Shares in British bicycles and car parts retailer Halfords soared as much as 26% on Monday, boosted by the government's announcement that people should consider cycling to work as the coronavirus lockdown is eased......»»

Shares in British bicycles and car parts retailer Halfords soared as much as 24% on Monday, boosted by the government's announcement that people should consider cycling to work when the coronavirus lockdown is eased......»»

Lloyds Banking Group and Virgin Money pressed ahead with hundreds of job cuts in the face of union opposition, as British banks try to keep up with customers moving online......»»

U.S. prosecutors overlooked apparent violations of U.S. sanctions against Iran by HSBC Holdings in exchange for the British bank's cooperation with a government investigation of Huawei Technologies, lawyers for the Chinese telecoms giant said......»»

British American Tobacco's efforts to shift away from the status quo of a traditional tobacco company and to quicken decision making won the company a rare double upgrade from Bank of America Global Research......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

U.S. stock futures and Asian shares slipped on Wednesday as revenue warnings from Texas Instruments raised worries about the global tech sector and after British lawmakers forced the government to hit the pause button on the latest Brexit deal......»»

Asian shares and U.S. stock futures dipped on Wednesday after British lawmakers rejected the government's timetable to fast-track legislation for its deal to take Britain out of the European Union......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

World shares climbed to a six-week high alongside benchmark government bond yields on Friday, as markets cheered signs of progress in U.S.-China trade talks and another powerful slug of stimulus from the European Central Bank......»»

BMO Capital Markets became the latest bank to downgrade the shares of Canadian cann.....»»

Treasury yields fell sharply on Tuesday, in line with the decline in British government bond yields, after dovish comments from Bank of England Governor Mark Carney stirred demand for haven assets. The 10-year .....»»

The possibility of a tussle between Rome and Brussels is rattling investors, draining appetite for Italian government paper......»»