Thursday, February 2, 2017

Fitch Rates Lloyd's GBP300m Dated Subordinated Notes 'A-'

(The following statement was released by the rating agency)

LONDON, February 02 (Fitch) Fitch Ratings has assigned the

Society of Lloyd's

(Issuer Default Rating (IDR) A+/Stable) issue of subordinated

debt securities of

GBP300m a final rating of 'A-'.

The notes are rated two notches below the Society of Lloyd's IDR

of 'A+' to

reflect their subordination (one notch) and 'moderate' risk of

non-performance

(one notch), in line with Fitch's notching criteria.

The assignment of the final rating fo

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UPDATE 1-Sports Direct in talks to bid for Bob's, Eastern Mountain Sports -sources

Feb 2 (Reuters) - Struggling British sportswear retailer

Sports Direct is in talks to bid for Eastern Outfitters

LLC, the parent of U.S. discount chain Bob's Stores and outdoor

retailer Eastern Mountain Sports, people familiar with the

matter said.

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BRIEF-Finans Finansal Kiralama 2016 net profit up at 58.7 million lira

* FY 2016 net profit of 58.7 million lira ($15.74 million)

versus 51.6 million lira year ago

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VBS Mutual Bank to list on South African bourse

JOHANNESBURG, Feb 2 (Reuters) - VBS Mutual Bank, which made

headlines last year after it gave South African President Jacob

Zuma a loan to reimburse the state for upgrades to his personal

home, plans to list on the Johannesburg Securities Exchange, its

chairman said on Thursday.

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BRIEF-Deutsche Bank lost 600 mln in revenues due to mortgages litigation-related turmoil in Sep/Oct

Feb 2 (Reuters) - Deutsche Bank CFO says on

analyst call discussing Q4 earnings

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BRIEF-Trajano Iberia buys shopping center for 100 mln euros

* Says buys shopping center Alcala Magna, located in Alcala

de Henares (Madrid) for 100 million euros ($108.2 million)

Source text: http://bit.ly/2kVpXUm

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MIDEAST STOCKS-Most of Gulf slips, Egypt rebounds from Trump-linked slide

DUBAI, Feb 2 (Reuters) - Most Gulf stock markets were weak

on Thursday but Egypt's bourse rebounded after sliding for three

days partly on concern that U.S. President Donald Trump's

policies could hurt the economy.

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