Stock Market News, April 23, 2024: Nasdaq Closes Higher; Tesla Stock Rises Post-Market
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Coutts under pressure for pulling £2bn out of London stock market
Royal bank Coutts is facing criticism from City figures over plans to pull roughly £2bn of clients' funds out of London's stock market.
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Jeremy Hunt ‘set to hold summit to talk up London stock market’
The Chancellor has reportedly invited the bosses of some of Britain’s most prominent private companies to attend a meeting on May 16 at Dorneywood.
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Royal bank Coutts risks backlash as it plans to move £2billion of clients' cash out of the London stock market and into foreign investments
Elite private bank Coutts, which is almost 30 per cent owned by taxpayers, said its 'home bias' towards UK shares was an 'anachronism' requiring 'fundamental change'.