Tag Archives: plc

HSBC Could Announce More Layoffs

HSBC Holdings PLC (HBC) could announce more job cuts on Wednesday, when investors will be told that Chief Executive Stuart Gulliver will push ahead with plans to produce a leaner, more streamlined bank, U.K. daily The Independent reported on its website Sunday without citing specific sources. Continue reading

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Reports: HSBC Could Announce More Job Cuts

LONDON (dpa-AFX) – Lender HSBC Holdings Plc. Continue reading

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Carlyle Group Bids for Rio Tinto’s Stake in Australia Mine-Source

One of the world’s largest private equity firms, Carlyle Group LP (CG), has made an initial bid for Rio Tinto PLC’s (RIO) majority stake in an Australian copper-gold mine, a person familiar with the matter said. Continue reading

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Carlyle Bids for Rio Tinto Stake in Mine

One of the world’s largest private equity firms, Carlyle Group LP (CG), has made an initial bid for Rio Tinto PLC’s (RIO) majority stake in an Australian copper-gold mine, a person familiar with the matter said. Continue reading

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Sale of Lloyds Bank Branches to Co-op Collapses

The planned sale of more than 600 bank branches from Lloyds Banking Group PLC (LYG) to Co-operative Banking Group has collapsed after Co-op decided it couldn’t go ahead with the deal, the Financial Times reported Wednesday on its website, citing two unnamed sources familiar with the situation. Continue reading

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U.K. Treasury Looks At Sale Of RBS, Lloyds To Public -FT

Proposals to re-privatize the Royal Bank of Scotland Group PLC (RBS) and Lloyds Banking Group PLC (LLOY.LN) through a share offering directly to the public are being discussed inside the U.K. Treasury, the Financial Times reported Saturday. Continue reading

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United Co. Rusal Cuts Aluminum Output; Will Maintain Lower Rate to 2016

United Co. Rusal PLC (0486.HK) will cut aluminum output by 300,000 metric tons at its “less efficient” smelters by the end of 2013, it said Monday when announcing its 2012 results. Continue reading

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Reports: HSBC, Standard Chartered To Cut CEO, Executive Bonuses

LONDON (dpa-AFX) – British financial services firm HSBC Holdings Plc (HBC, HSBA.L) and peer Standard Chartered Plc (STAN.L, STAC.L, SCBFF) are set to cut annual bonuses for their chief executives … Continue reading

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Co-op Capital Hole Threatens Lloyds Deal

The Co-operative Bank PLC’s (CPBB.LN) aim to acquire more than 600 Lloyds Banking Group PLC (LYG) branches is under threat as the Co-op faces a capital hole of up to 1 billion pounds ($1.5 billion), equivalent to half its capital, the Financial Times reported on its website Tuesday, citing unnamed people close to the issue. Continue reading

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