Financials

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LLOY.L
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Schaeuble - no alternatives to Greece fulfilling reform vows

BERLIN, May 23 - German Finance Minister Wolfgang Schaeuble has said there is no need to consider disbursing more aid to Greece because Athens has already promised reforms and must tackle the problem itself.

3:25pm BST

UPDATE 1-Greek PM says on final stretch towards deal with lenders

* Greece "will not accept irrational demands" (Adds quotes, background)

2:24pm BST

Fintech takes on 135 mln euro commitment in Monte Paschi cash call

MILAN, May 23 - Fintech Advisory, a leading shareholder in Monte dei Paschi di Siena, has committed to buy unsold shares in the Italian bank's 3 billion euro ($3.3 billion) cash call for up to 135 million euros, a document showed.

2:23pm BST

UPDATE 1-Pakistan central bank cuts key discount rate by 100 bps to 7 pct

ISLAMABAD, May 23 - Pakistan's central bank cut its benchmark interest rate to 7 percent from 8 percent on Saturday, a larger-than-expected move aimed at spurring economic growth against a backdrop of slowing inflation.

1:35pm BST

REFILE-Sberbank to restructure loan owed by Ukraine's Metinvest - Tass

MOSCOW, May 23 - Russia's Sberbank is preparing to restructure a loan owed by Ukrainian steel company Metinvest, the Tass news agency reported on Saturday, citing a Sberbank executive.

12:59pm BST
Financials
HSBC Holdings PLC 620.60p +0.99%
Lloyds Banking Group PLC 87.98p +0.16%
Barclays PLC 270.15p -0.33%

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