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Exclusive-Santander submits binding bid for Sabadell’s TSB, sources say

Exclusive-Santander submits binding bid for Sabadell’s TSB, sources say

By Amy-Jo Crowley and Andres Gonzalez LONDON/MADRID (Reuters) -Santander is among bidders that submitted a binding offer for Spanish lender Sabadell’s British unit TSB, two sources with knowledge of the matter told Reuters. The offer would value the British bank at more than 2.3 billion pounds ($3.15 billion), one of the people said. Sabadell may hold a board meeting as soon as Tuesday to decide ...

2025-07-01 01:37:29
European shares see monthly declines as markets eye trade developments

European shares see monthly declines as markets eye trade developments

By Sukriti Gupta, Sanchayaita Roy and Shashwat Chauhan (Reuters) -European stocks ended lower in broad-based declines on Monday, closing out June with monthly losses as investors monitored for signs of any progress on U.S. trade talks as the July tariff deadline loomed large. The pan-European STOXX 600 index closed 0.4% lower, clocking a more than 1% decline for the month. Global equities suffer ...

2025-07-01 01:34:14
Morocco stocks lower at close of trade; Moroccan All Shares down 0.97%

Morocco stocks lower at close of trade; Moroccan All Shares down 0.97%

Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Utilities, Banking and Mining sectors led shares lower. At the close in Casablanca, the Moroccan All Shares lost 0.97%. The best performers of the session on the Moroccan All Shares were Involys (CSE:INV), which rose 10.00% or 19.15 points to trade at 210.70 at the close. Meanwhile, Ste de Travaux de Realisat ...

2025-07-01 01:31:37
Federal Reserve’s Bostic says tariff impact not fully felt yet

Federal Reserve’s Bostic says tariff impact not fully felt yet

Investing.com -- Federal Reserve Bank of Atlanta President Raphael Bostic stated Monday that the economy has not yet experienced the complete effect of President Donald Trump’s trade tariffs. "I think there is actually more pricing to come, and it is more a question of time, of when and not if," Bostic said during an event hosted by Market News International. Bostic observed that companies are c ...

2025-07-01 01:26:51