HSBC Holdings (HSBA) looks on course for a future based in Asia. The bank still holds a lot of value for Beijing thanks to its ability to raise dollar funding
Woodford offloads IP Group (IPO) shares in cut-price sale. Former star fund manager disposes of 142m shares in FTSE 250 group for around £76m
Lombard – TUI AG Reg Shs (DI) (TUI) profit is from capex, not at Thomas Cook’s expense. Survival is more to do with adapting the travel company business model
Metro Bank (MTRO) shares plunge prompts sale speculation. Investors punish lender after pulling £200m bond offering despite high interest rate
CYBG (CYBG) to cut 330 jobs as part of Virgin Money merger. First tranche of redundancies will be spread across the UK
Metro Bank (MTRO) shares tumble 30% after bond sale pulled. UK challenger bank blames decision to cancel £200m sale on current market conditions
