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Danske Bank head quits after being named in ABN Amro money laundering probe
Danske Bank’s chief executive Chris Vogelzang has resigned after being named in a money laundering probe centred on ABN Amro, it was confirmed on Monday.
ShoreCap continues to see 'positive momentum' in UK banks' shares
ShoreCap analysts continued to see "positive momentum" in UK banks' shares on the back of successful Covid-19 vaccine rollouts.
Berenberg says LSE synergy targets from Refinitiv acquisition 'conservative'
Analysts at Berenberg reiterated their 'buy' recommendation for shares of the London Stock Exchange Group following meetings with the firm's head of investor relations, Paul Froud.
HSBC scraps executive floor in switch to hot desking
HSBC boss Noel Quinn has scrapped the executive floor at the bank's London headquarters, forcing top managers to hotdesk as the bank adapts to post-pandemic working practices, the Financial Times reported.
London pre-open: Geopolitics in focus at the start of the week
Geopolitics are in focus at the start of the week, whether it be the frictions between the West and Russia, domestic German politics or tensions between China and many of its trading partners.
London open: Stocks edge higher, geopolitics coming 'back to the fore'
Stocks were slightly higher on Monday as investors bid their time ahead of the release of a raft of key economic surveys at the end of the week and their potential impact on bond markets.
Microsoft to invest $1bn in Malaysian data centres
Microsoft is set to invest $1bn in Malaysia to set up data centres in the country over the next five years, reported Reuters on Monday.
Sysgroup FY revenues impacted by pandemic-related deferrals
IT services firm Sysgroup said on Monday that it had continued to experience "solid trading" throughout the financial year despite ongoing economic uncertainties.
Maestrano Q3 revenues impacted by 'major weather event' in Australia
Artificial intelligence group Maestrano said on Monday that revenues had slipped 6% at constant currency rates during the three months ended 31 March.
Europe open: Stocks edge ahead on earnings season optimism
European stock edged ahead on Monday and into record territory as a solid start to the US earnings season provided impetus for investors.
Cerillion experiences 'strongest ever' trading half
Software outfit Cerillion said on Monday that it had experienced its "strongest ever" six-month trading period in the half-year ended 31 March.
Greatland Gold upbeat on remaining Scallywag drilling results
Precious and base metals exploration and development company Greatland Gold announced the results of the remaining four drill holes from the 2020 drilling campaign at its wholly-owned Scallywag licence on Monday.
Melrose selling Nortek Air Management for £2.62bn
Melrose Industries has agreed to sell its Nortek Air Management business to Chicago-based Madison Industries, it announced on Monday, for consideration of £2. 62bn in cash on completion, subject to adjustments.
Mattioli Woods buys Caledonia for up to £1.6m
Mattioli Woods has agreed to buy Caledonia Asset Management for up to £1. 6m to expand its wealth management business in Edinburgh.
ITM Power sells electrolyser to partner Linde
ITM Power announced the sale of an ‘HGas3SP’ 2MW electrolyser and supporting equipment to its partner Linde on Monday, for the H2Pioneer project in Austria.
D4T4 Solutions FY profits top expectations on 'strong' H2
Data solutions firm D4T4 Solutions said on Monday that following a "strong second half", full-year group revenues and adjusted pre-tax profits were both expected to be approximately ahead of prior expectations.
Darktrace targets listing for early May
Cyber-security firm Darktrace on Monday said it planned to list its shares on the London Stock Exchange in early May as part of its expected £3bn flotation.
Pelatro secures contract change requests worth $500,000
Software firm Pelatro has secured several contracts for change requests, providing the group with approximately $500,000 of additional revenue in 2021.
Johnson Matthey enters two battery materials partnerships
Johnson Matthey announced two developments in the commercialisation of its ‘eLNO’ portfolio of nickel-rich advanced cathode materials on Monday, with the first being a partnership with Finnish Minerals Group.
Energean targets maiden dividend for 2022
Gas producer Energean lifted annual core earnings and continued to work towards first gas from its Karish field in the first quarter of 2022 along with an inaugural dividend payment in the same year.