Stay updated with breaking news from Banking shares. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
from the old bailey. they ve been in the uk for between ten and 15 years, the three defendants are orlin roussev, bizer dzhambazov, and katrin ivanova. the latter two have been living as a couple in a series of suburban properties in london for about ten years. mr roussev arrived earlier in the uk, about 15 years ago, and he worked in financial services, in a technical role in communications, and later moved on to, he claims, own a company that was involved in signals intelligence, which involves the interception of communications. the other two worked, we re told, in health care jobs. that s what they told neighbours. they did own a local community group that supported bulgarian people who moved to the uk with english language classes and other things. this investigation was, is by the met police counterterrorism team, which has responsibility over espionage investigations. it investigated them in february. properties in london and great yarmouth were searched. and the ....
downgrade is forthcoming and what are the reasons behind it?- are the reasons behind it? this is a warnin: are the reasons behind it? this is a warning signal are the reasons behind it? this is a warning signal and are the reasons behind it? this is a warning signal and i are the reasons behind it? this is a warning signal and i think - are the reasons behind it? this is a warning signal and i think the - warning signal and i think the message they are trying to send is that you have to take this seriously. we have seen what happened recently, it issued a warning saying it would downgrade the us government s credit rating and then it followed through on the threat so that is the situation the banks are in. there are concerns circling and we saw higher interest rates and the problems caused from regional banks but on top of that there are other concerns looming, notably from the commercial real estate sector, worries that high interest rates are causing real problem ....
to confirm prices are cooling. but with inflation still stubbornly high, policy makers here as in many other developed countries are not done raising interest rates. let s show you how investors reacted to that latest data which should other than expected data out of the united states. there are hopes and out of the country might avert a recession. you can see all of the main industries during better and banking share is also led wall street to close higher. banking shares also led wall street to close higher on thursday that s after recent health check showed the largest us banks have enough capital to weather a severe economic slump. in other news this morning sporting goods giant nike has reported its latest earnings for the fourth quarter. revenue came in at $12.8 billion dollars slightly higher than expected. this means nike has beaten revenue estimates for seven straight quarters. salesjumped in both its largest market north america and in china, following the eas ....
by about twice the global average. it s already increased by 2 degrees celsius. 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by fellow swiss bank ubs after a deal brokered by the swiss government. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial markets. these three goals are very, very important to u ....
a weekend of fraught negotiations in switzerland, as the authorities there, its central bank and leaders of its two biggest banks tried to prevent another damaging financial crisis. late on sunday, it was announced the troubled bank credit suisse was being taken over by its rival ubs in a government backed rescue worth more than $3.1 billion. that s less than half the value of credit suisse at the close of trade on friday. the deal s been widely welcomed, including by the bank of england, the european central bank and by the us federal reserve. but not everyone s happy. credit suisse bondholders have lost $17 billion, shares in both banks have slumped, and there has been a sell off of banking shares across the markets today. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally ....