LONDON Shares in African mobile networks operator Helios Towers were up slightly on their market debut in London on Tuesday, providing some relief to a jittery market for initial public offerings.
* * Investors see MREL issue unattractive vs other
* Shares in lender now down more than 90% since January
(Adds bond investor reaction, updated share price)
LONDON Troubled British lender Metro Bank ditched a 250 million pound ($311 million) bond issue on Monday after failing to attract investors despite offering a hefty yield.
LONDON Royal Bank of Scotland named Alison Rose as its new chief executive on Friday, becoming the first major British lender to appoint a woman to its top job. | Video
LONDON A growing number of consumers are over-indebted and ill-equipped to cope with an economic shock, Britain's largest debt charity, StepChange, has warned after a record number of calls to its national helpline in the first half of this year.
LONDON Lloyds and Barclays on Monday said a surge in late claims could see them pay out around $2 billion more each to settle Britain's costliest consumer banking scandal, the mis-selling of payment protection insurance (PPI).
LONDON Shares in Britain's Clydesdale Bank tumbled by a fifth on Thursday, after it made a fresh 300 million to 450 million pound ($368 million-$552 million) provision to settle mis-selling claims linked to Britain's most expensive consumer banking scandal.
LONDON Britain's most costly consumer banking scandal could yet have a sting in the tail even after an August 29 compensation deadline, as a 1 billion pound claims industry takes its fight to the courts.
LONDON London-listed litigation funder Burford Capital said it has found evidence of suspect trading patterns in its shares around the time short-seller Muddy Waters issued a report challenging the company's accounts last week.