Sky News - BUSINESS

 

RBS restructuring unit probed over claims it profited from stricken firms



News October 20, 2017


More than 90% of the firms put into RBS' Global Restructuring Group (GRG), established after the financial crisis, are understood to have suffered "inappropriate action" against them by the bank, according to a Financial Conduct A...

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Why the City is showing a healthy appetite for floats



News October 20, 2017


Well, soon you will have the opportunity to do so, as Cabot Credit Management, the UK's largest debt, has announced it plans to float on the stock market.The IPO, which is expected to take place some time during November, will val...

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What is behind the London stock market's positive spell?



News October 20, 2017


Well, soon you will have the opportunity to do so, as Cabot Credit Management, the UK's largest, has announced it plans to float on the stock market.The IPO, which is expected to take place some time during November, will value th...

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Uber hails ex-Ofcom chief to help drive London licence appeal



News October 20, 2017


Sky News has learnt that Flint Global, a consulting firm jointly founded by Ed Richards, who ran Ofcom until 2014, is in discussions with Uber about undertaking advisory work for the ride-hailing app.The emergence of Flint Global'...

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Hurricane and earthquake disasters to cost global insurers $95bn, says Swiss Re



News October 20, 2017


The Zurich-based business put its own claims burden from the disasters at $3.6bn in the third quarter, including $175m related to Mexico.Reinsurers such as Swiss Re, Munich Re and Hannover Re are financial backstops for insurance ...

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