Deutsche Bank downgrades Barclays, upgrades NatWest
7th Dec 2021 14:44
(Sharecast News) - Deutsche Bank downgraded Barclays to 'hold' from 'buy' on Tuesday as it switched its preference into NatWest, which was upgraded to 'buy' from 'hold.
Read moreUK CPI will 'comfortably' exceed 5.0 per cent in April, BoE's Broadbent says
6th Dec 2021 13:01
(Sharecast News) - A top Bank of England official said that the central bank´s inflation forecast for the second quarter of 2022 may need to be raised.
Read moreEC fines HSBC, Barclays, RBS for FX rigging
2nd Dec 2021 11:59
(Sharecast News) - The European Commission has fined HSBC, Barclays, NatWest and Credit Suisse a total of €344m (£293m) for rigging foreign currency markets.
Read moreSunday newspaper round-up: BT Group, GSK, Derivatives Trading
28th Nov 2021 19:42
(Sharecast News) - Potential suitors including private equity outfits CVC and Apax, and infrastructure investors including Brookfield and Macquarie, have conducted fresh analyses to determine the value of BT's Openreach unit, which owns the infrastructure that connects most homes in the UK. The cable division might fetch £40bn. Franco-Israeli telecoms tycoon Patrick Drahi's Altice UK already owns a 12.1% stake in BT and from 11 December will be able to buy more shares. That would allow him to apply greater pressure on BT's board to sell a stake or even all of Openreach. A full takeover nevertheless is considered to be unlikely, due to the group's size, pension fund liabilities and potential political hurdles. - Financial Mail on Sunday
Read moreSunday newspaper round-up: Food prices, Asos, Labour Squeeze
21st Nov 2021 19:42
(Sharecast News) - Soaring fertiliser costs on the back of the gas crisis will prolong high food prices globally, which are already at their loftiest in half a century, until 2023. Economists at BCA Research forecast that global food prices will continue to increase during the following year and remain high into 2023. Furthermore, supply chain analysts say that supermarkets cannot insulate buyers the rising cost pressures indefinitely. - Sunday Telegraph
Read moreBarclays investors question terms of Staley exit - report
17th Nov 2021 10:25
(Sharecast News) - Some of Barclays' leading shareholders have raised concerns about the terms of former chief executive Jes Staley's abrupt departure from the bank, according to a report.
Read moreMPC votes 7-2 to keep rates on hold
4th Nov 2021 10:49
(Sharecast News) - The Monetary Policy Committee stood pat on policy with fewer of its members calling for an interest rate hike than had been expected.
Read moreBarclays' Staley to step down after Epstein probe
1st Nov 2021 07:19
(Sharecast News) - Barclays chief executive Jes Staley is standing down with immediate effect after a probe by UK financial regulators into his links with convicted sex offender Jeffrey Epstein.
Read moreBroker tips: Barclays, Unilever
22nd Oct 2021 14:51
(Sharecast News) - Analysts at Berenberg raised their target price on Barclays from 230.0p to 245.0p on Friday, telling clients that the lender's third-quarter numbers had confirmed that it was "well placed" to profit from a recovery among UK and US consumers.
Read moreBerenberg raises target on Barclays, says lender set to benefit from recovery in UK and US consumer
22nd Oct 2021 10:43
(Sharecast News) - Analysts at Berenberg bumped up their target price for shares of Barclays from 230.0p to 245.0p, telling clients that the lender's third quarter numbers had confirmed that it was "well placed" to profit from a recovery among UK and US consumers.
Read moreBarclays profit hits record as bad debts released
21st Oct 2021 07:02
(Sharecast News) - Barclays reported a record £6.9bn of profit for the first nine months of 2021 as the bank released bad debt provisions made earlier in the pandemic.
Read moreThursday preview: Fed's Waller, Barclays in focus
20th Oct 2021 15:37
(Sharecast News) - Investors´ attention on Thursday will be on possible policy-relevant remarks from US Federal Reserve governor Christopher Waller.
Read moreGovernment to link mortgages to green home improvements - report
19th Oct 2021 11:53
(Sharecast News) - The government wants to link mortgages to compulsory green improvements to homes, it was reported on Tuesday.
Read moreMPC member Tenreyro pushes back on early rate rise
14th Oct 2021 12:31
(Sharecast News) - One of the Bank of England's policy setters has warned against raising interest rates in response to short-lived inflationary pressures, arguing it could be "self-defeating".
Read moreBoE's Bailey, Saunders express concern over rising inflation
11th Oct 2021 10:48
(Sharecast News) - The head of the Bank of England called for further investment in infrastructure in the UK and said Bank was going to have a very "challenging job" on its hands when it came to dealing with inflation.
Read more