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British Car Auctions to float on stock exchange

06/10/2014

British Car Auctions, the country's largest seller of second-hand vehicles, is driving towards listing on the London Stock Exchange.


 

83 million JP Morgan accounts hacked

03/10/2014

American banking giant, JP Morgan, has suffered what is being described as the single largest cyber attack in history, after 82 million bank accounts were hacked.


 

Mike Ashley increases Debenhams and Rangers stakes

03/10/2014

Mike Ashley has increased his stakes in Debenhams and Rangers Football Club.


 

Wonga to write-off debt for 300,000

02/10/2014

The controversial payday lender, Wonga, has announced plans to write-off the debt of more than 330,000 customers.


 

Virgin Money to float on stock exchange

02/10/2014

Virgin Money, the bank part-owned by entrepreneur Sir Richard Branson, has announced plans to float on the London Stock Exchange.


 

$600bn worth of shares cancelled after error in Japan

02/10/2014

Japanese stock markets were shaken on Wednesday as $617bn (370bn) worth of shares transactions were made by mistake and then cancelled.


 

Pimco investors withdraw $23bn after boss leaves

02/10/2014

A record $23.5bn (14.5bn) was withdrawn from bond giant Pimco by its investors after the unexpected departure of its boss Bill Gross last month.


 

Tesco facing FCA probe over 250m hole

01/10/2014

Tesco will be investigated by the Financial Conduct Authority (FCA) over the 250m overstatement on its profit forecast.


 

Wonga profits plummet

30/09/2014

The controversial pay day loans firm Wonga has reported a 50% drop in annual profits for 2013.


 

Strong year for building societies

30/09/2014

UK building societies enjoyed a strong annual reporting season as the sector looks forward to a more confident outlook. However, amid the positive signs, the sector needs to tackle a number of longer term challenges, according to a report by professional services firm, KPMG.


 

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