UK Stocks-Factors to watch on Wednesday November 26

miércoles 26 de noviembre de 2014 02:56 GYT
 

LONDON Nov 26 (Reuters) - Britain's FTSE 100 index is seen opening up 15 to 16 points, or 0.2 percent higher on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The blue-chip FTSE 100 index closed 1.35 points higher, or flat in percentage terms, at 6,731.14 points. The index reached a two-month high last week.

* BANKS - Bad behaviour that has cost British banks 38.5 billion pounds ($60 billion) in fines and compensation over the past 15 years will take a generation to fix, an independent think tank said on Tuesday.

Separately, HSBC was implicated in a report filed on Tuesday which the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.

* INSURERS - Billions of pounds in savings that retiring British workers would have swapped for an income for life are up for grabs after recent rule changes - and fund managers are battling insurers for a slice of it.

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