London / AFP Bank of England (BOE) governor Mark Carney put an end to speculation over his future by announcing he would extend his contract for one year to 2019 to help secure an “orderly transition” to Brexit. The Canadian will not take up his option to leave in 2018, but at the same time has declined to serve ...

  AFP Standard Chartered Plc reported third-quarter profit that fell short of analyst estimates as revenue declined at all four of its divisions. Adjusted pretax profit was $458 million compared with a loss of $139 million a year earlier, the London-based lender said in a statement on Tuesday. That missed the $520 million average estimate of six analysts surveyed by ...

  Bloomberg Barclays Plc’s decision to cut 25 percent of its London office space highlights the growing risk that tenants will be in short supply for developers of buildings being constructed. The lender is seeking to sublease offices in the Canary Wharf financial district to the UK government, according to two people with knowledge of the matter. They asked not ...