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Flotation could raise around $1.5bn and provide a much-needed boost for the UK's depressed public markets
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S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings ReutersStock futures are flat after soft inflation reading lifts market: Live updates CNBCConsumer inflation cooled more than expected in June as gas prices fell Fox BusinessInflation cools in June as oil prices drop. Here's where prices dropped and where they increased WMTW
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The largest banks in the United States collectively raked in tens of billions of profits in the second quarter, despite the war in Iran and persistent inflation.
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Other banks had extraordinary quarters, too, including Wells Fargo, Goldman Sachs and Bank of America.
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Warsh pledged Tuesday to "get monetary policy right" and defeat the inflation that has bedeviled the central bank for the past five years.
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