Barclays pledges power cut in green update
30th Nov 2020 09:45
(Sharecast News) - Barclays said it expected to cut the CO2 impact of its power portfolio by 30% by 2025 as the bank set out a series of measures to reduce its environmental impact.
Read moreBank may soften resistance to restart of UK lenders' dividend payouts
23rd Nov 2020 12:27
(Sharecast News) - UK regulators may be set to ease their resistance to dividend payments starting from early 2021.
Read moreJP Morgan most positive on dividend restarts at NatWest Group and Barclays
23rd Nov 2020 12:09
(Sharecast News) - Analysts at JP Morgan sounded a particularly positive note on the outlook for Barclays and NatWest Group after Bloomberg reported at the weekend that the Prudential Regulatory Authority would consider easing their resistance to dividend payouts from UK lenders on a case-by-case basis.
Read moreBofA stays 'overweight' value versus growth, spies upside potential
20th Nov 2020 13:23
(Sharecast News) - Strategists at Bank of America reiterated their 'overweight' stance on so-called 'value' stocks versus 'growth', telling clients that it was the best way to position for an economic recovery into 2021 with potential upside to be had in the group versus their base case.
Read moreDoor Dash files with SEC in record year for US IPOs
13th Nov 2020 14:28
(Sharecast News) - America's largest food delivery platform has filed to go public.
Read moreSector movers: Investors seek out value in 'bombed out' Aerospace, Bank shares
3rd Nov 2020 11:30
(Sharecast News) - Aerospace and Defence names extended their gains from the preceding session on the back of analysts' upgrades, some of whom had pointed out that the historic valuation discount versus the broader market, defined as the Stoxx Europe 600, that they had reached in October.
Read moreBrexit deal may be ready by early November - Bloomberg
28th Oct 2020 14:34
(Sharecast News) - A Brexit deal could be ready by early November after progress made by negotiators in unblocking disagreements on maintaining a s0-called 'level playing field' between the UK and the European Union.
Read moreJP Morgan sees increasing chances of capital returns from UK banks in 2021
26th Oct 2020 12:31
(Sharecast News) - "We believe it's hard to overstate the importance of [a successful Brexit deal] (despite lower economic impact) for UK bank share prices as well as potential capital return," analysts at JP Morgan said.
Read moreDeutsche Bank says Barclays diversified income stream 'underappreciated'
26th Oct 2020 12:02
(Sharecast News) - Analysts at Deutsche Bank reiterated their 'buy' stance for shares of Barclays, arguing that the merits of its diversified income streams was going underappreciated.
Read moreSunday newspaper round-up: Coronavirus vaccine, UK-US trade, Shell
25th Oct 2020 12:39
(Sharecast News) - Plans are being drawn up for frontline NHS staff to receive a coronavirus vaccine within weeks, as the Government moves to accelerate the timetable for a mass roll-out. An email sent by an NHS Trust chief to his staff, seen by The Mail on Sunday, reveals the Health Service is preparing for a national vaccination programme before Christmas. - Mail on Sunday
Read moreBarclays posts better-than-expected £1.1bn Q3 profit
23rd Oct 2020 07:02
(Sharecast News) - Barclays on Thursday reported better-than-expected third quarter profits on the back of a strong performance from its consumer businesses as bad loan provision fell sharply from the previous three months.
Read moreBoE's Vlieghe mulls further stimulus as Covid risk rises
20th Oct 2020 08:43
(Sharecast News) - The Bank of England's Gertjan Vlieghe looked to give some cautious support for negative interest rates on Tuesday, as he warned of a "tremendous challenge ahead" for the UK economy.
Read moreCiti sees contrarian 'opportunity' in UK banks
12th Oct 2020 12:40
(Sharecast News) - Analysts at Citi reiterated their 'buy' stance on several of the UK's largest lenders, citing the likely resumption of dividend payments from February 2021 onwards among some of the positives for the group.
Read moreBank Rate has likely bottomed, BoE's Ramsden says
28th Sep 2020 13:28
(Sharecast News) - A top Bank of England official said he believed that 0.1% was likely to prove the floor for the price of money in the UK.
Read moreBoE's Bailey says MPC did not signal rates were set to go negative
22nd Sep 2020 12:14
(Sharecast News) - Rate-setters in the Bank of England are not near cutting interest rates into negative territory nor signalling such a move.
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