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24.10.26 - 13:18
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Is London really the most-taxed city? Banks accused of cherrypicking data (The Guardian)
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Lobby group's figures, shared with John Healey, are misleading as they do not include major rival Paris, say campaignersA banking lobby group has been accused of cherrypicking data and trying to mislead the British government by claiming a tax rise for banks at next week's budget would leave London less competitive than rival financial hubs.UK Finance, which represents banks including Lloyds, JP Morgan and Revolut, commissions an annual report tallying up all the taxes shouldered by a large bank, including corporation tax, social security, VAT and bank-specific levies. Continue reading......
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24.10.26 - 08:00
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HSBC to open new wealth centre in Abu Dhabi despite regional conflict (SCMP)
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HSBC, the biggest lender in Hong Kong and Europe, will open a new wealth management centre in Abu Dhabi in December, as the lender has not found the conflicts in the Middle East have dampened demand for its wealth business in the region, according to a senior executive.
Mohamed Al Marzooqi, CEO of HSBC in the United Arab Emirates (UAE), said the new project formed part of the lender's largest investment in the Middle East in two decades, after the opening of a wealth management centre in Dubai......
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24.10.26 - 02:03
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US Metro Bancorp Announces Third Quarter 2026 Results (Business Wire)
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GARDEN GROVE, Calif.--(BUSINESS WIRE)--US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $3.1 million in the third quarter of 2026, compared to $3.5 million in the second quarter of 2026. For the nine months ending September 30, 2026, the consolidated Bancorp earned $9.9 million compared to $8.0 million for the nine months ending September 30, 2025. On a year-to-date basis, Bancorp recorded an annualized return on average assets (“ROAA”) of 0.80% and an annualized return on average equity (“ROAE”) of 11.32%. With 16,791,500 shares outstanding, earnings per share (“EPS”) for the third quarter of 2026 was $0.19 compared to $0.21 in the second quarter of 2026. For the nine months ending September 30, 2026, EPS was $0.59 compared to $0.48 for the nine months ending September 30, 2025. On September 30, 2026, Bancorp's book value per share was $7.06 compared to $6....
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23.10.26 - 16:54
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Tech Layoffs Surge As Corporate America′s AI Blitz Raises Fears The Worst Is Yet To Come (ZeroHedge)
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Tech Layoffs Surge As Corporate America's AI Blitz Raises Fears The Worst Is Yet To Come
Bloomberg story counts featuring terms such as "job cuts," "layoffs," and "firings" jumped Thursday to their highest level since early May.
The surge in AI-related layoff announcements shows corporate America is ramping up efforts to reduce its workforce and replace humans with chatbots and other AI-related technologies to drive efficiency.
The latest headlines span American Express on Friday morning, Barclays on Thursday, and eBay and Netflix in recent days and weeks.
The AI layoffs are here: *AMERICAN EXPRESS TO CUT 5% OF JOBS, ABOUT 3,500 EMPLOYEES *BARCLAYS TO CUT 5,000 JOBS AS AI STARTS CREATING EFFICIENCY *EBAY CONFIRMS JOB CUTS OF ABOUT 9% *NETFLIX TO LAY OFF 6% OF GLOBAL STAFF, OR ABOUT 1,000 JOBS: WSJ
— zerohedge (@zerohedge) October 23, 2026
Separately, Yahoo Tech's Katie Teague and Valentina Palladino cite data from job tracker TrueUp showing that tech companies...
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23.10.26 - 15:54
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Invesco Ltd: Form 8.3 - Segro Plc; Public dealing disclosure (Cision)
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FORM 8.3
PUBLIC DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)
1. KEY
INFORMATION
(a) Full name of Invesco Ltd.
discloser:
(b) Owner or
controller of
interests and
short
positions
disclosed, if
different
from 1(a):
The naming of
nominee or
vehicle
companies is
insufficient.
For a trust,
the
trustee(s),
settlor and...
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23.10.26 - 15:51
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London Stock Exchange (LSE) Buy (DPA-AFX)
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FRANKFURT (dpa-AFX Analyser) - Deutsche Bank Research hat die Einstufung für London Stock Exchange nach Quartalszahlen auf "Buy" mit einem Kursziel von 11000 Pence belassen. Der Börsenbetreiber habe ein insgesamt solides Zahlenwerk abgeliefert, schrieb ......
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23.10.26 - 15:51
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London Stock Exchange (LSE) Overweight (DPA-AFX)
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NEW YORK (dpa-AFX Analyser) - Die US-Bank JPMorgan hat das Kursziel für London Stock Exchange (LSE) von 10600 auf 11000 Pence angehoben und die Einstufung auf "Overweight" belassen. In Reaktion auf die Zahlen für das dritte Quartal habe er sein Bewertungsmodell ......
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23.10.26 - 15:51
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Barclays Overweight (DPA-AFX)
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NEW YORK (dpa-AFX Analyser) - Die US-Bank JPMorgan hat das Kursziel für Barclays von 630 auf 580 Pence gesenkt, aber die Einstufung auf "Overweight" belassen. In Reaktion auf die Zahlen der britischen Bank für das dritte Quartal habe er seine Gewinnprognosen ......
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23.10.26 - 15:51
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Barclays Buy (DPA-AFX)
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HAMBURG (dpa-AFX Analyser) - Die Privatbank Berenberg hat die Einstufung für Barclays auf "Buy" mit einem Kursziel von 620 Pence belassen. Die Erträge der Bank im dritten Quartal seien niedriger als erwartet ausgefallen, schrieb Michael Christodoulou ......
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23.10.26 - 15:33
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Barclays Buy (DPA-AFX)
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FRANKFURT (dpa-AFX Analyser) - Deutsche Bank Research hat die Einstufung für Barclays nach Quartalszahlen auf "Buy" mit einem Kursziel von 570 Pence belassen. Die Bank habe vor Risikovorsorge schwächer als erwartet abgeschnitten, was in erster Linie auf ......
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