Keith Campbell News
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Scientists have created embryonic stem cells that are a near identical genetic match to patients, an advance that could enable transplants and treatments based on an individual’s own tissues.
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Provident Financial Plc, the U.K.’s biggest subprime lender, fell in London trading after saying loan arrears are mounting as rising utility bills hurt customers’ finances.
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Close Brothers Group Plc, the British financial services company founded in 1878, said profit for the first half rose 16 percent as loan impairments fell.
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Barclays Plc, the U.K.’s second- largest bank by value, said it will consider tendering its audit contract held for 117 years by PricewaterhouseCoopers LLP.
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Man Group Plc said an employee of its GLG hedge-fund division was arrested by the U.K. Financial Services Authority and London police today.
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The European Central Bank is buying Italian securities, according to two people with knowledge of the transactions. They declined to be identified because the transactions are confidential.
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Man Group Plc’s GLG unit said it hired Kumaran Damodaran from Pacific Investment Management Co. as a portfolio manager focusing on emerging markets.
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The European Central Bank bought Italian government bonds, according to three people with knowledge of the transactions.
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Barclays Plc plans to name David Walker as its next chairman, Sky News reported.
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Spanish bank restructuring is on track, Bank of Spain Governor Luis Maria Linde said.
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