Thursday preview: US data barrage, Barclays in the spotlight
17th Feb 2021 15:41
(Sharecast News) - Financial markets' attention on Thursday will continue to be trained on the US where investors will be digesting a barrage of key economic indicators.
Read moreIan Cheshire quits as chairman of Barclays UK
18th Dec 2020 07:41
(Sharecast News) - Barclays said Ian Cheshire would step down as chairman of its UK bank because lacks the time to lead the lender through economic recovery from the effects of Covid-19.
Read moreFederal Reserve 'tweaks' QE guidance to easier for longer
16th Dec 2020 19:59
(Sharecast News) - The Federal Reserve 'tweaked' its guidance for asset purchases on Thursday night, from time-based to outcome-based.
Read moreFCA fines halve in 2020 as number hits record low
16th Dec 2020 08:38
(Sharecast News) - Fines imposed by the Financial Conduct Authority have more than halved in 2020 as the number of penalties has dropped to a record low.
Read moreBarclays fined £26m over treatment of borrowers
15th Dec 2020 10:38
(Sharecast News) - Barclays Bank has been fined £26m over its treatment of borrowers who fell into arrears or experienced financial difficulties over a four-year period to 2018.
Read moreS&P says UK sovereign debt rating might come under pressure in 'no deal' Brexit
14th Dec 2020 14:15
(Sharecast News) - One of the world's top three credit rating agencies said a 'no deal' Brexit could see its rating for the UK's sovereign debt come under pressure should it complicate the outlook for the economy and fiscal consolidation.
Read moreBoE doing extensive work on possible impact of adopting negative interest rates
11th Dec 2020 12:43
(Sharecast News) - Extensive work was being carried out at the Bank of England on the possible implications and practicalities around adopting negative interest rates.
Read morePound falls as Brussels warns talks likely to fail
11th Dec 2020 10:22
(Sharecast News) - The pound fell against the euro and the dollar after Ursula von der Leyen warned trade talks with the UK were likely to fail.
Read moreFTSE 250 could drop up to 10% in no-deal Brexit, says Morgan Stanley
11th Dec 2020 09:22
(Sharecast News) - As Prime Minister Boris Johnson warned there was a "strong possibility" of a no-deal Brexit, analysts at Morgan Stanley considered the near-term implications of such an outcome, suggesting up to 10% downside for the domestically-focused FTSE 250 and a decline of as much as 20% for UK domestic bank stocks.
Read moreJP Morgan cuts NatWest to 'neutral' after BoE dividend move
11th Dec 2020 08:30
(Sharecast News) - JP Morgan downgraded NatWest to 'neutral' after the Bank of England's partial relaxation of restrictions on shareholder payouts by UK banks.
Read moreBofA doesn't expect BoE to ease even if Brexit news is negative
10th Dec 2020 14:41
(Sharecast News) - Britain and the European Union will most likely agree a Brexit deal, but should they fail, then the Bank of England would restart its asset purchases and cut interest rates, by 50 basis points eventually, economists at Bank of America said.
Read moreSector movers: Oil&Gas stocks and Banks pace gains
2nd Dec 2020 18:12
(Sharecast News) - Commodity and financial stocks were again at the top of the leaderboard in the middle of the week, helped by ongoing optimism around the macroeconomic outlook for 2021.
Read moreWednesday broker round-up
2nd Dec 2020 13:11
(Sharecast News) - Royal Dutch Shell A: JP Morgan upgrades to overweight with a target price of 1,700p.
Read moreDeutsche ups targets for Barclays and other UK banks
2nd Dec 2020 11:08
(Sharecast News) - Deutsche Bank increased its share price targets for the UK's banks and named Barclays, Standard Chartered and Virgin Money as its top picks with a wave of bad loans looming.
Read moreSector movers: Lenders start December on front foot, Citi and Goldman upbeat
1st Dec 2020 16:42
(Sharecast News) - Financials paced gains in the first trading session of December with lenders' shares faring best as analysts weighed in with further positive views on the outlook for the sector.
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