Equities
European bank stocks have thrived. But shadows loom
Shares are up by a third this year, aided by the advance of the euro against the dollar. But with the ECB loosening and US tariffs a major uncertainty, the way ahead could be more difficult
Labour presses ahead with national wealth fund: ‘Government is open for business’
State vehicle could ‘catalyse private sector investment in new and growing industries’
2 min read
T+1 technical group chair Andrew Douglas calls for ‘more haste, less speed’
The group will give a firm date for the UK’s move to faster settlement when it publishes its plan later this year
6 min read
EU agrees on real-time ‘consolidated tape’ data stream for equities
The consolidated tape will include pre-trade data which was seen as essential by traders
1 min read
Exchanges agree on global framework for green stocks
The framework is set to support capital flows into the green economy while also countering greenwashing in the industry
2 min read
Cboe head: European markets must overhaul data to catch US
Unifying European equity markets is the only way to compete with America, exchange boss tells FN
3 min read
DTCC launches blockchain settlement platform
The new platform has averaged more than 100,000 transactions a day
2 min read
Barclays expands prime broking as rivals pull back after Archegos
Barclays’ push into prime broking is part of a broader expansion of its equities business
4 min read
City reacts as dividend tax hike to cost investors and self-employed £600m
Company directors and self employed to be hit by tax increase
4 min read
Ignore the new lockdowns — these stocks have further to go, says Bank of America
Improved European vaccine supplies should lead to a sharp rebound in growth by the third quarter
2 min read
Vaccine recovery means investors should focus on these stocks, says Bank of America
Value stocks set to outperform growth stocks on vaccine recovery
Mark Mobius: ‘I fear a decline of the bitcoin price’
The veteran investor said a fall in the bitcoin price could drag down the stock market
HSBC cuts staff and shakes up executives in London equities unit
HSBC makes widespread job cuts at its equity trading division in London as EMEA head of sales trading Oliver Kadhim will move to Hong Kong
We need to do more to attract IPOs to London
We can't afford to be complacent, says William Russell, Lord Mayor of the City of London, and Charlotte Crosswell, chief executive of Innovate Finance
Exchange boss says UK’s Swiss trading nod is a ‘free kick’ in a losing game
Alasdair Haynes, CEO of the Aquis exchange, says he sees no prospect of a Brexit equivalence deal for equities between the UK and EU
3 min read
Goldman seeing early stages of a bull market plus six ways investors can win
Goldman Sachs said it did not think an equities market correction was on the way
2 min read
Houlihan Lokey hires Macquarie ECM head Taylor for equity advisory unit
The hire expands its recently-established ECM advisory unit as IPOs pick up
1 min read
These hedge fund short bets could see ‘outsized moves,’ says Jefferies
These shorted stocks could see volatile trading in the coming days and weeks
1 min read
Numis warns European clients of trading halt as Brexit rules bite City brokerages
The move highlights how hard Brexit is hitting smaller City firms that lack big European operations
3 min read