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London stocks pare losses as Bank of England steps in to buy bonds
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European shares pare losses as BoE seeks to stabilise markets
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Europe’s generic drugmakers say they may cut output due to energy bills
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What is known so far about the Nord Stream gas pipeline leaks
Bank of England statement on purchase of long-dated bonds
Date: September 28, 2022
LONDON (Reuters) – The Bank of England said on Wednesday it would start a temporary programme of bond purchases to stabilise the market, and postpone the planned start of its gilt sale programme. Below is the full text of the central bank’s statement: “As the Governor said in his statement on Monday, the Bank is...
Labour senses power amid UK financial turmoil, but work to be done
Date: September 28, 2022
By Andrew MacAskill and Elizabeth Piper LIVERPOOL, England (Reuters) – British opposition leader Keir Starmer used his party’s annual conference this week to offer a clear message: this was its best chance to win power since 2010 as the new government’s economic strategy threw financial markets into chaos and the pound crashed. After four straight...
Eurostar London terminal capacity down 30% after Brexit, says CEO
Date: September 28, 2022
LONDON (Reuters) – Eurostar’s peak capacity in London has fallen by 30% due to post-Brexit checks on travellers using the high-speed rail link between Britain and mainland Europe, the train operator’s boss has said. New border checks on British citizens introduced after Brexit have caused a “significant increase” in processing times at train stations, Eurostar...
FirstBank CEO on Digitisation, Customer Relations and the Impact of Effective CSR Initiatives
Date: September 28, 2022
FirstBank of Nigeria Limited is a multinational bank and financial services company based in Lagos, Nigeria. It boasts an extraordinary 128-year history and is the region’s foremost financial inclusion services provider, having won multiple Global Banking & Finance Awards including ‘Best CSR Bank Western Africa’ and ‘Best Corporate Bank Western Africa’ this year. Wanda Rich,...
Advancing on a Cloud: Driving Digital Transformation in Financial Crime
Date: September 28, 2022
As CEO of NICE Actimize, Craig Costigan has continued to steer the leading provider of financial crime solutions by expanding into new markets, addressing the growing demand for cloud-focused solutions, and forging innovation across the full scope of anti-money laundering, enterprise fraud, holistic surveillance, and case management. In driving innovation, Craig’s teams of cloud developers,...
OCBC Securities’ MD on Becoming Singapore’s Brokerage Partner of Choice
Date: September 28, 2022
Established in 1986, OCBC Securities is a leading brokerage firm in Singapore with more than 35 years of experience. A wholly owned subsidiary of OCBC Group, OCBC Securities has a wide network that gives it the leverage to grow a rich portfolio of products and services with capabilities to serve customers ranging from retail to...