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Disappointing sales hit Oracle shares

21/06/2013

US computing giant Oracle have been punished by investors for missing sales targets for the second quarter running.


 

Poor online showing hits Dixons Retail results

20/06/2013

Dixons Retail have seen annual pre-tax losses of £115.3 million after being hit by costs from troubled online outlet, Pixmania.


 

UK banks need to plug £27 billion capital shortfall

20/06/2013

A new report from the Prudential Regulation Authority (PRA) says Britain's top banks and building societies need to fill a £27.1bn hole in their balance sheets.


 

Private equity exit activity hit by uncertain economy

19/06/2013

Private equity (PE) exit numbers dropped in Europe last year to 61 from 2011’s total of 85 according to Myths and challenges – How do private equity investors create value?, Ernst & Young’s annual study of European PE exits. The report cites a volatile economic climate and low transactions activity as the primary challenges for PE.


 

Banking report calls for stricter punishments

19/06/2013

The Parliamentary Commission on Banking Standards have today (Wednesday) published its final report – ‘Changing banking for good’. It outlines the radical reform required to improve standards across the banking industry.


 

FTSE 100 organisations are at risk of becoming 'closed book'

18/06/2013

Metapraxis, the business analysis company, has issued a strong warning for FTSE 100 firms to improve financial transparency after analysis revealed that the quality of financial information being provided in CEO statements for the top 100 firms is steadily decreasing.


 

Cost of listing on AIM has fallen

17/06/2013

Cost of listing on AIM has fallen


 

Improving competition In UK banking sector

17/06/2013

On Friday Metro Bank set out its recommendations for legislative change in the banking sector, ahead of the Parliamentary Commission on Banking Standards' imminent report.


 

Paul Tucker to leave the Bank of England

14/06/2013

The Bank of England has announced the departure of MPC member and deputy governor Paul Tucker.


 

Hester leaves RBS and will be followed by 2,000 more

13/06/2013

Following the news that the boss of Royal Bank of Scotland, Stephen Hester, has quit his position, the bank have announced that a further 2,000 jobs are to go.


 

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