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TBCG - TBC Bank News Story

990p 5.0  0.5%

Last Trade - 25/09/20

Mid Cap
Market Cap £546.0m
Enterprise Value £1.37bn
Revenue £307.1m
Position in Universe 493rd / 1808

UPDATE 1-UK Stocks-Factors to watch on Aug 20

Mon 20th August, 2018 8:03am
(Adds futures, company items)
    Aug 20 (Reuters) - Britain's FTSE futures  FFIc1  up 0.2 percent ahead of
the cash market open. 
    * TED BAKER: The UK's Financial Reporting Council has fined accountants KPMG
three million pounds and reprimanded and fined senior partner Michael Francis
Barradell for misconduct related to auditing of British fashion retailer Ted
Baker's  TED.L  accounts.  urn:newsml:reuters.com:*:nL3N1VB2IH
    * TBC Bank: Georgia's TBC Bank Group Plc  TBCG.L  posted a 25.2 percent rise
in half-year pretax profit on Monday, as lending grew on the back of a strong
macroeconomic performance in the former Soviet republic.  urn:newsml:reuters.com:*:nL3N1VB2EN
    * G4S: The British government has taken over the running of a major prison
from contractor G4S GFS.L after an inspection found it had fallen into a "state
of crisis" with prisoners using drugs and violence with near impunity.
    * COUNTRYWIDE: Countrywide will stick with its existing pay package for
senior executives following meetings with top investors, the company said on
Monday, cancelling proposals for a new package that were to be put to
shareholders at its annual general meeting.  urn:newsml:reuters.com:*:nL3N1VB2HD
    * MULBERRY: British luxury bag maker Mulberry  MUL.L  said on Monday it
would take a 3 million pound ($3.8 million) hit from the administration of House
of Fraser earlier this month, adding to the toll it faces from tough conditions
in its home market.  urn:newsml:reuters.com:*:nL8N1VB0QG 
    * PRUDENTIAL: Insurer Prudential  PRU.L  plans to consolidate all
non-British European insurance business in its Dublin subsidiary as part of
preparations for Britain's exit from the European Union, a letter to clients
seen by Reuters showed.  urn:newsml:reuters.com:*:nL5N1V843P
    * JOHN LAING INFRASTRUCTURE FUND: Dalmore Capital, Equitix enter bid conduct
agreement for John Laing Infrastructure Fund  JLIF.L  offer.  urn:newsml:reuters.com:*:nASO0006PZ
    * BHP: The union representing workers of Chilean copper mine Escondida,
operated by BHP  BLT.L , signed a new collective labor contract on Friday,
ending the risk of a strike that could have paralyzed the world's biggest copper
mine.  urn:newsml:reuters.com:*:nL1N1V81NS
    * SUPERDRY: The co-founder of fashion brand Superdry  SDRY.L  is donating a
million pounds ($1.28 million) to the campaign for a referendum on the final
Brexit agreement as Britain prepares to outline in more detail how a no-deal
outcome would work.  urn:newsml:reuters.com:*:nL5N1V90MH
    * ESURE: The search for Esure's  ESUR.L  next chief executive has been
delayed by the company's agreement to be taken over by US private equity giant
Bain Capital for 1.2 billion pounds, according to the Telegraph http://bit.ly/2N0sYxb.
    * GSK: British drugmaker GlaxoSmithKline Pharmaceuticals  GSK.L   GLAX.NS 
is working on a strategy to reduce the number of brands in India to around 20
from 130, and bring in more patented products from the parent to the country,
according to Business Standard http://bit.ly/2L8haqK.
    * The UK blue chip index closed flat on Friday at 7,558.59 points, at the
end of a turbulent week for markets during which an economic crisis in Turkey
spread anxiety across global financials and mining stocks.  urn:newsml:reuters.com:*:nL5N1V83ZO
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 
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 (Reporting by Justin George Varghese)
 ((justin.varghese@thomsonreuters.com; Tel: +91 80 6749 3486; Reuters Messaging:
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