Archive for March 6th, 2013

Nasdaq

NASDAQ and SharesPost to form marketplace for private companies

US exchange group Nasdaq OMX Group Inc (NASDAQ:NDAQ) and US online marketplace SharesPost Inc said today they had agreed to create a joint venture that would form a marketplace for private companies. The new entity, to be called NASDAQ Private …

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Ford Focus 2

UK car market still bucking European sales trends

Sales of new cars in the UK last month remained strong, in contrast to sales in the rest of Europe. A report released today by the Society of Motor

HSBC

UK banking giant HSBC to offload homeowner loan portfolio in $3.2bn deal

UK financial services major HSBC Holdings Plc (LON:HSBA) announced that an indirect wholly-owned unit will sell its personal unsecured loan and personal homeowner loan portfolios to a subsidiary

Livestock

Private equity firms eye UK livestock ID group Allflex Holdings

A dozen or so private equity groups are expected to submit offers for Allflex Holdings, the UK-based provider of livestock identification products, Reuters reported citing banking sources. Earlier in

ING Bank

Dutch ING completes sale of UK online banking business to Barcalys

Dutch financial services group ING Groep NV (AMS:INGA) said on Wednesday it had concluded the sale of its UK-based online banking business ING Direct UK to Barclays Plc

New incentive to help quit smoking could make you a millionaire

Many people are already aware of the financial costs of maintaining a smoking habit; cigarette prices continue to rise in an attempt by the government to cease the

RBS3

The Libor Scandal: RBS facing fine of £390m

The Royal Bank of Scotland has been in the spotlight this month, after a fine was issued for the bank’s role in the Libor rate-fixing scandal. The London inter-bank

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