In early trading, the FTSE was steady as a response to President Obama's statement on banking regulation, rising 0.1% to 5343.23, however financial stocks fell as UK markets opened.
Obama proposed banning proprietary trading desks and US banks from owning, investing in or sponsoring hedge funds or private equity funds. The plans, still subject to Congressional approval, would be...
Will assess regulation
Client was warned of risk
Megan Butler keynote speech at Women in Finance summit
Market anticipates a May hike
Newly-formed Mobius Capital Partners