Credit Suisse initiates coverage of UK banks; HSBC named top pick
11th Feb 2020 13:40
(Sharecast News) - Credit Suisse has initiated full coverage of the UK banking sector, upgrading HSBC to 'outperform' in the process.
Read more'Brexit is done but UK equities are not,' says Jefferies
10th Feb 2020 14:40
(Sharecast News) - Analysts at Jefferies sounded a 'bullish' note on UK equities, telling clients that "Brexit is done but UK equities are not".
Read moreBoards risk missing targets for non-white directors
4th Feb 2020 12:19
(Sharecast News) - Board-level complacency and fear of change risk failure to achieve government-approved targets for ethnic minority representation at the top of British business, a report says.
Read moreFCA questions banks over higher overdraft rates
28th Jan 2020 07:43
(Sharecast News) - The Financial Conduct Authority has asked the big banks to reveal how they arrived at new overdraft rates of about 40% and to show how they will help affected customers after criticism of its rule changes.
Read moreJefferies says clarity on Barclays's returns and capital repatriation highest in 10 years
16th Dec 2019 13:43
(Sharecast News) - Analysts at Jefferies hiked their target price for shares of Barclays from 209.0p to 244.0p on Monday, in anticipation of a higher rate of return on capital, share buybacks and after marking down their estimated cost of equity for the lender.
Read moreShoreCap stays at 'buy' on Barclays, says consensus 'still too pessimistic'
28th Oct 2019 16:14
(Sharecast News) - The consensus for Barclays remains "too pessimistic", analysts at ShoreCap said as they reiterated their 'buy' recommendation for the shares.
Read moreBarclays Q3 profit drops as it takes ?1.4bn hit from PPI claims
25th Oct 2019 08:49
(Sharecast News) - Barclays reported a drop in third-quarter profit on Friday as it took a hit from a surge in payment protection insurance (PPI) claims and struck a cautious note on the outlook.
Read moreFriday preview: EU extension decision, Barclays in focus
24th Oct 2019 11:54
(Sharecast News) - Financial markets' focus at the end of the week will revert to all things Brexit as the European Union announces whether or not it has accepted Parliament's request for another extension to the Brexit deadline to 31 January or only a shorter one.
Read moreWeek ahead: Brexit and RBS in focus
20th Oct 2019 20:27
(Sharecast News) - The spotlight over the coming week is expected to continue to be firmly on Brexit, with the government expected to pursue a another meaningful vote on Monday.
Read moreLondon close: FTSE 250 closes at year-to-date high on Brexit deal speculation
15th Oct 2019 17:10
(Sharecast News) - London stocks finished on a mixed note on Tuesday as data showed the UK jobs market cooled in August and sterling leaped higher on Brexit deal hopes.
Read moreJP Morgan sees upside for domestic UK and Irish banks in 'soft Brexit'
14th Oct 2019 13:38
(Sharecast News) - Equity analysts at JP Morgan sounded a more positive on the prospects for domestic UK and Irish banks should the country reach an agreement with the European Union withdrawal.
Read moreTuesday broker round-up
10th Sep 2019 08:07
(Sharecast News) - BigBlu Broadband: Barclays initiates at overweight with a target price of 200p.
Read moreBarclays to book between GBP1.2-1.6bn of PPI provisions in Q3
9th Sep 2019 07:47
(Sharecast News) - Barclays said it now expects to face a bill for payment protection insurance redress significantly greater than it had previously anticipated and provisioned for.
Read moreThursday broker round-up
13th Jun 2019 13:08
(Sharecast News) - Domino's Pizza Group: Peel Hunt upgrades to buy with a target price of 300p.
Read moreEuropean Commission fines five banks €1bn for market rigging
16th May 2019 11:18
(Sharecast News) - Five major banks have been fined a total of €1.07bn by the European Commission on Thursday due to foreign exchange market-rigging that took place from 2007 to 2013.
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