BoA reiterates negative stance on European stocks, but stays overweight banks and airlines
8th Oct 2021 10:22
(Sharecast News) - Analysts at Bank of America reiterated their negative view on European equities, telling clients that macro uncertainty was on the rise and economic growth momentum set to weaken, but stayed 'overweight' on lenders' and airline shares.
Read moreBoA raises short-term UK CPI forecasts
6th Oct 2021 15:23
(Sharecast News) - Economists at Bank of America bumped up their consumer price forecasts for the UK on the back of the recent jump in energy quotes although they still assumed that inflation would dip below Bank's 2.0% target in April 2023 temporarily.
Read more10-year Gilts hit 1.0% for first time since March 2020
28th Sep 2021 16:07
(Sharecast News) - Yields on longer-term UK government debt hit their highest level since March 2020 on Tuesday, amid signals from some central banks that they were ready to begin weaning their economies off emergency stimulus programmes.
Read moreBarclays sued for €279m in Dutch derivatives suit
24th Sep 2021 11:35
(Sharecast News) - Britain's Barclays Bank has been sued for €279m ($239m) for its alleged involvement in a derivatives investment that almost put a Dutch affordable-housing provider out of business, it was reported on Friday.
Read moreBarclays sued for €279m in Dutch derivatives suit
24th Sep 2021 11:35
(Sharecast News) - Britain's Barclays Bank has been sued for €279m ($239m) for its alleged involvement in a derivatives investment that almost put a Dutch affordable-housing provider out of business, it was reported on Friday.
Read moreBarclays buys $3.8bn Gap card portfolio
27th Aug 2021 09:37
(Sharecast News) - Barclays has agreed to buy $3.8bn (£2.8bn) of credit card receivables from Synchrony Bank issued with The Gap after replacing the US lender as the retailer's card partner.
Read moreCovid-19 concerns clouding the outlook for stocks, BoA survey says
17th Aug 2021 12:44
(Sharecast News) - A majority of global investors continue to expect the rally in European equities to continue in 2022, the results of a closely-followed survey revealed.
Read moreBank of America stays at 'buy' on Barclays, eyes increased capital returns
11th Aug 2021 11:27
(Sharecast News) - Analysts at Bank of America reiterated their 'buy' recommendation and 225.0p target price for shares of Barclays, telling clients that the lender had demonstrated its balance sheet strength and its commitment to investing in the business.
Read moreGoldman Sachs takes NatWest off 'Conviction List'
5th Aug 2021 08:42
(Sharecast News) - Goldman Sachs has taken NatWest off its 'conviction buy' list, citing headwinds in UK mortgage pricing.
Read moreBarclays resumes dividends as H1 profits smash estimates
28th Jul 2021 07:02
(Sharecast News) - UK bank Barclays on Wednesday smashed first-half profit estimates as it released £742m in impairments, resumed dividends and announced a £500m share buyback.
Read moreWednesday preview: US Fed, Barclays in the spotlight
27th Jul 2021 15:17
(Sharecast News) - All eyes on Wednesday will be firmly on the US Federal Reserve as rate-setters meet to decide on monetary policy.
Read moreBoE's Vlieghe pushes back on calls for slowing monetary stimulus
26th Jul 2021 14:25
(Sharecast News) - A top Bank of England official pushed back on calls for the monetary authority to dial back on stimulus, arguing that inflationary pressures in the UK were transitory, while the pandemic remained a threat.
Read moreMonday broker round-up
26th Jul 2021 13:31
(Sharecast News) - Ultra Electronics: Berenberg keeps at 'buy' but hikes target price from 2,730.0p to 3,500.0p.
Read moreWeek ahead: Fed decision, US and euro area GDP in focus
23rd Jul 2021 13:24
(Sharecast News) - Investors' focus over the coming week will be squarely on the US central bank's policy decision on Wednesday.
Read moreBarclays on outlook for Treasury yields
22nd Jul 2021 14:44
(Sharecast News) - Economists at Barclays Research think longer-term US Treasury note yields will head back higher in the back half of 2021, although they also thought that financial markets were right in judging inflationary risks to be 'transitory'.
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