Millennials now 'most valuable' group to UK financial institutions
Due to larger wallet size
UK millennials are the 'most valuable' demographic group to financial institutions, with the average millennial wallet size now 40% greater than the wider UK adult demographic, research by Telstra has found.
The technology company found UK millennials' average wallet size - which Telstra defined as the sum of savings, deposits and loan holdings - has now overtaken all other demographic segments by the largest...
More on Markets
Brexit blog: May hits back at Chequers dismissal
Latest news and analysis
Square Mile: 42% of UK equity managers sensitive to outcome of Brexit
Survey responses
SocGen's Edwards: A recession might only be six months away
Similar to June 2007
Neptune's Zemek: Investors are not paying enough attention to what happens to Europe after Brexit
Bearish on bonds
More news
Lansdown-backed Ravenscroft acquires RLAM CI
Purchased for undisclosed sum
Brexit blog: May hits back at Chequers dismissal
Latest news and analysis
SocGen's Edwards: A recession might only be six months away
Similar to June 2007
Italy's Budget: Will it determine the fate of the country's beleaguered government bonds?
The election of an anti-establishment government in Italy sent investors fleeing and Italian government bonds (BTPs) witnessed record outflows earlier this year. Antonio Ruggeri, manager of the OYSTER European Corporate Bonds fund at SYZ Asset Management,...