In another uk election i want to make it clear, i will not lead the party in any future general campaign. I will discuss with our party to ensure there is a process now of reflection on this result. The Market Reaction has been very clear on the back of this weve Seen Movement on the pound on the upside. The ftse 250 on fresh highs. Double digit moves as far as House Builders are concerned retailers are not having a bad time of it seeing also strength in the utilities. Retailers will not be renationalized banks also to the move on the outside. Banks surging on the conservative victory the rational appears to be the expectations on the bank of england rate cuts. Pharmaceutical cuts under a little pressure. The moves capping some of the big gains we are seeing elsewhere on the ftse 100. In brussels, european leaders voicing results. The consensus that they could break the dead lock and usher in a new phase of negotiations. Boris johnson celebrating his victory within the last hour or so,
This is broadcasting around the globe and covering the world of business and finance of the impact upon us all on the inner burrito and im christiane washington heres a look at whats on deck today joyce the bank stock is bleeding after the Company Begins a massive layoffs period International Regulatory attorney miles edwards is standing by to delve into digest shrinking pains. That are back up after iran has responded to its tanker being seized in off the coast of japan alter taught or with above the training joins us to sift through the seizure on the seas and later British Airways is facing a major record find over its data breach molly barrows contributor to americas lawyers lend us a hand to check in on the turbulence facing the english airline showed today the lets go and die right in. A dismissal by president ial decree for the governor of Turkeys Central Bank leads our global report today as president crosses a new line in his push for lower Interest Rates the turkish president
Fell by 11 percent on monday after the weekend announcement that the bank had filed fraud claims with police and regulators the Indian Central Bank says they discovered that nearly all of their half 1000000000. 00 loan to sean was diverted after taking a closer closer look at the bar was books in the wake of the seans bankruptcy p. N. P. Has been under scrutiny for lax lending since seeming to lose nearly 2000000000. 00 the bank lent to the companies of the fugitive financier and former celebrity jeweler miramonte and mr modis uncle. Bank begins its a radical overhaul on monday as it exits its Investment Banking and Trading Operations and lets go 20 percent of its workforce the struggling lender is splitting off 74000000000. 00 euros of its assets in an attempt to focus and invest its core units and Retail Banking and european corporate clients the 8300000000. 00 Restructuring Plan is the largest in the banks history as it intends to come. At its risk weighted assets by 40 percent this
Fraud claims with police and regulators the Indian Central Bank says they discovered that nearly all of their half 1000000000. 00 loan to shawn was diverted after taking a closer closer look at the bar was books in the wake of the seans bankruptcy p. N. P. Has been under scrutiny for lax in london since seeming to lose nearly 2000000000. 00 the bank lent to the companies of the fugitive financier and former celebrity jeweler miramonte and mr modis uncle. Bank begins its a radical overhaul on monday as it exits its Investment Banking and Trading Operations and lets go 20 percent of its workforce the struggling lender is splitting off 74000000000. 00 euros of its assets in an attempt to focus and invest its core units and Retail Banking and european corporate clients the 8300000000. 00 Restructuring Plan is the largest in the banks history as it intends to cut its risk weighted assets by 40 percent this. After it had already lost 1600000000. 00 on a munis investment it bought before the
Us a hand to check in on the turbulence facing the english airline showed today the lets go and die right in. A dismissal by president ial decree for the governor of Turkeys Central Bank leads our global report today as president crosses a new line in his push for lower Interest Rates the turkish president s move was announced on saturday which named Deputy Governor murat ois sall to the top post while mr statement cited no reason for the firing the turkish president newspaper to her yet claims that he told legislators from his ruling party what may already surmised the president by the governor because he rebuffed mr push for lower Interest Rates the turkish lira was down by more than 2 percent in Early Morning trading on monday on the news also on monday ill leave public on a Founding Member of the a k party who effectively held the governments economic portfolio for over 10 years said that he is founding a new rival political movement. Another banking irregularity news indias Punjab