|Bid||687.70 x 298700|
|Ask||687.80 x 240400|
|Day's Range||685.10 - 690.40|
|52 Week Range||439.73 - 715.20|
|PE Ratio (TTM)||254.70|
|Dividend & Yield||0.51 (5.94%)|
|1y Target Est||N/A|
The Bank of England tightened its controls on bank credit to more normal levels on Tuesday, deciding the risk had passed of a big hit to the economy and to lending after last year's Brexit vote. The BoE's Financial Policy Committee (FPC) said British banks must now hold 5.7 billion pounds ($7.28 billion) between them as an additonal buffer against bad times, and that it will probably double that in November.
On their current trajectory, China's capital markets will one day be the world's largest. The $7tn collective value of domestic shares ranks only behind the US, and the $9tn bond market third, or possibly ...
British and European Union banks need a new system to let them do business with each other after Brexit to avoid splitting markets, Britain's finance minister Philip Hammond said on Tuesday. Britain, the EU's biggest financial market, is leaving the bloc in 2019, raising the prospect of an abrupt cut in cross-border links without a new trade deal. Hammond said Britain's Brexit negotiations with the EU would take a "pragmatic approach" to financial services and how they are supervised.