The London Stock Exchange Group is to sell its 50% stake in the French clearing arm of LCH to Euronext in a €510m (£433m) deal.
The link between executive pay and company performance is “negligible”, according to a study that will fuel arguments for reform of corporate wage packets.
There is a lot of fake news around on social media these days, but there is a specific reason why we cannot be 100% certain that the owner of Snapchat has filed for an initial public offering (IPO), or flotation.
The battered pound has notched up its best two-week performance in eight years after the surprise US election result took investor focus off the UK’s Brexit challenges.
The Dow Jones Industrial Average closed at a record high on Thursday, rising more than 200 points as traders continued to absorb Donald Trump’s victory in the US presidential race.
Snapchat is preparing for a “mega unicorn” flotation on the stock market that could value the five-year-old mobile app known for its disappearing photos at as much as $25bn.
Uncertainty about the size of the penalty that Deutsche Bank faces from the US authorities for a misselling scandal a decade ago has knocked almost 4% off the share price of Germany’s biggest bank.