Barclays halves stake in South African lender Absa Group
21st Apr 2022 08:16
(Sharecast News) - Barclays has halved its stake in South African lender Absa Group after selling 63m shares in a placing.
Read moreTime is not on the BoE's side, Berenberg says
7th Apr 2022 13:29
(Sharecast News) - Bank has its work cut out for it in trying to bring inflation to heel while not tipping the economy into recession, argue economists at Berenberg.
Read moreBoA raises 2022-23 UK CPI forecasts, expects four hikes in Bank Rate
6th Apr 2022 14:23
(Sharecast News) - Economists at Bank of America raised their short-term inflation forecasts for the UK, predicting that Bank would hike short-term interest rates four more times as it tried to navigate both the risk of a recession and of too-high inflation.
Read moreBarclays investors demanding pay cuts over £450m blunder - report
1st Apr 2022 11:49
(Sharecast News) - Leading investors in Barclays are reportedly demanding the bank takes steps to dock executive bonuses after it said it would take a £450m hit for overselling products to investors.
Read moreJP Morgan cuts rating on Barclays
29th Mar 2022 11:34
(Sharecast News) - The positive investment case for British banks is starting to weaken, JP Morgan said on Tuesday, as it reiterated Lloyds Banking Group as its top pick but cut its rating on Barclays.
Read moreShoreCap stays at 'buy' on Barclays despite over-issuance of structured products
28th Mar 2022 11:46
(Sharecast News) - ShoreCap analysts stood by their 'buy' recommendation for shares of Barclays even after the lender announced that it would book a massive financial charge due to a regulatory breach.
Read moreBarclays delays share buyback selling more bonds than it registered
28th Mar 2022 08:32
(Sharecast News) - Barclays pushed back its £1bn share buyback programme on Monday, as it announced a £450m expected charge after issuing twice as many notes as it had registered for sale.
Read moreBoE may delay bank capital move because of Ukraine war
24th Mar 2022 11:14
(Sharecast News) - The Bank of England is considering delaying plans to tighten banks' capital requirements because of concerns created by Russia's invasion of Ukraine.
Read moreFCA slaps Barclays with £783,800 fine over Premier FX relationship
28th Feb 2022 10:50
(Sharecast News) - The Financial Conduct Authority has slapped Barclays Bank with a £783,800 fine for oversight failings in its relationship with collapsed payments firm Premier FX.
Read moreSunday newspaper round-up: Swift, Peace talks, Nuclear deterrent
27th Feb 2022 16:23
(Sharecast News) - The US, UK, European Union and Canada have decided to block Moscow's access to the Swift international banking system. In a statement issued by the White House, the countries said: "[Vladimir] Putin's war of choice and attacks on the sovereign nation and people of Ukraine. We will hold Russia to account and collectively ensure that this war is a strategic failure for Putin." - Guardian
Read moreBarclays post record profit on economic recovery, bad debt release
23rd Feb 2022 07:03
(Sharecast News) - Annual profits almost trebled at Britain's Barclays Bank, boosted by economic recovery and the release of provisions for bad loans during the Covid pandemic.
Read moreWednesday preview: Ukraine-Russia crisis, Barclays in the spotlight
22nd Feb 2022 17:34
(Sharecast News) - All eyes on Wednesday will be on the ongoing crisis and how the international community responds to Russia's decision to recognise the two breakaway republics in Ukraine's Donbass region.
Read moreJ.P. Morgan still 'bullish' on cyclicals, not sure growth offers opportunity
21st Feb 2022 15:41
(Sharecast News) - Equity strategists at J.P.Morgan reiterated their 'bullish' stance on cyclical areas of the market but warned clients away from growth stocks, telling them that current weakness in that space might not be an opportunity.
Read moreBoE's Bailey flags risks of energy inflation becoming more embedded
19th Jan 2022 16:42
(Sharecast News) - A slower decline in energy prices than was expected up to just a few months ago risked embedding them for longer in overall inflation pressures, the Governor of the Bank of England said.
Read moreDeutsche Bank upgrades shares of HSBC and NatWest Group to 'buy'
7th Dec 2021 16:31
(Sharecast News) - Analysts at Deutsche Bank sounded a positive note on the outlook for UK and Irish banks, telling clients that their business mix was becoming more profitable.
Read more