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Banking sell-off intensifies amid renewed global jitters – business live

TheGuardian

to 7,072 and Italy’s FTSE MiB has tumbled 309 points to 26,173, a 1.2% Germany’s Dax has lost 133 points, or 0.9%, to 15,076 while France’s CAC fell 65 points, or 0.9%

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Nigel Farage calls for NatWest bosses to go after chief executive resigns over Coutts row – business live

TheGuardian

Live coverage of business, economics and financial markets as UK bank replaces leader following late night board meeting This is why bank shares have dragged down the FTSE 100 in early trades this morning: a slump in profits at the UK’s biggest high street bank.

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Deutsche Bank leads sell-off in European bank shares

TheGuardian

FTSE 100 also falls amid fears another bank could slip into trouble after UBS takeover of Credit Suisse Business live updates: banking sell-off intensifies Germany’s Deutsche Bank has led a sell-off in European banking shares amid mounting fears another bank could slip into trouble after the emergency merger of UBS and Credit Suisse last week.

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Animal spirits and environmental, social and governance asset prices: does market sentiment drive stock returns?

BankUnderground

I look at three stock market indices designed to measure the performance of companies in global and UK clean energy-related businesses: The S&P Global Clean Energy Index (GCEI). The FTSE Environmental Opportunities Renewable and Alternative Energy Index (EORE). The FTSE Environmental Opportunities UK Index (EOUK).

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Labour’s pro-business lullaby sends movers and shakers into a blissful sleep | John Crace

TheGuardian

Anyone who was anyone in the business world was here. There were FTSE 100 bosses in tears not to have made the cut. Thank God for those uncapped bonuses. Executives from Goldman Sachs, Google, Mastercard, HSBC and countless more besides. Not because they especially wanted to be there. This was an event like no other.

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Flutter’s punt on US gambling business FanDuel has played out in spades | Nils Pratley

TheGuardian

The FTSE 100 company’s share of the US online sportsbook market in the last quarter was an astonishing 45% The smartest deal, in hindsight, done in recent years by a FTSE 100 company must be Flutter Entertainment’s purchase in 2018 of a majority stake in FanDuel, a US business running online sports-based fantasy games for prizes.

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Barclays Next To Tap Into FinTech With MarketInvoice Investment

PYMNTS

2) that it has invested in small business lending platform MarketInvoice. The tie-up is part of Barclays’ larger initiative to enhance its small business financial services. Small businesses can sell unpaid invoices by uploading them to the MarketInvoice platform, where investors can choose which to invoice.

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