HSBC trims Lloyds target price and upgrades RBS, but prefers Barclays
17th Aug 2018 14:41
(Sharecast News) - Analysts at HSBC sounded a more positive note on RBS and Barclays on Friday, but not Lloyds, following the 15-20% decline in their share prices over the past three months, on the back of concerns around geopolitics (and Brexit).
Read moreSector movers: Financials pace gains
8th Aug 2018 17:04
(Sharecast News) - Financials lent their weight to Wednesday's stockmarket advance, with Prudential at the head of the pack on the back of its latest half-year numbers.
Read moreWednesday broker round-up
8th Aug 2018 12:36
(Sharecast News) - Spire Healthcare Group: Berenberg downgrades to sell with a target price of 120p.
Read moreUK watchdog slaps Barclays over second PPI failure
6th Aug 2018 12:08
(Sharecast News) - Barclays Bank has been ordered to rectify its procedures for communicating with payment protection insurance (PPI) customers for a second time by the competition watchdog.
Read moreThursday broker round-up
2nd Aug 2018 12:58
(Sharecast News) - SSE: Berenberg reiterates buy with a target price of 1,500p.
Read moreBarclays underlying profit beats forecasts
2nd Aug 2018 08:27
(Sharecast News) - Barclays first-half profit fell as it paid out £2bn in litigation and conduct charges but the bank's underlying performance beat market forecasts.
Read moreIBM, Barclays and Citigroup to launch blockchain app store for banks
30th Jul 2018 15:32
(Sharecast News) - IMB has teamed up with the likes of Barclays and Citigroup to launch a blockchain platform for financial services, with the tech giant calling a proof-of-concept design called LedgerConnect.
Read moreFCA may force banks to pay minimum savings rate
25th Jul 2018 08:26
(Sharecast News) - The Financial Conduct Authority has proposed forcing banks to pay a minimum rate of interest on cash savings to stop companies taking advantage of customers.
Read moreSFO applies to reinstate charges against Barclays
24th Jul 2018 10:43
(Sharecast News) - The Serious Fraud Office has applied to the High Court to restore charges against Barclays that were thrown out in May.
Read moreChoose cautious RBS over risky Lloyds, Berenberg says
23rd Jul 2018 10:49
(Sharecast News) - UK banks are out of favour with investors but it is possible to differentiate between the riskiest, Lloyds Banking Group and Royal Bank of Scotland, whose cautious strategy is paying off, Berenberg analysts said on Monday.
Read moreBarclays plans 2,500 new jobs in Glasgow tech hub
23rd Jul 2018 08:25
(Sharecast News) - Barclays is set to create up to 2,500 jobs at its new Glasgow tech hub, doubling its current workforce in Scotland.
Read moreSector movers: Lenders' shares pace gains amid Fed chatter
15th Feb 2017 17:49
(ShareCast News) - Banks paced gains in the market on Wednesday amid a bevy of relatively confident Fed speak. "The best performing sector has been banks and financials which are leading the gainers on the back of yesterday's hawkish interpretation of Fed Chief Janet Yellen's comments to the Senate
Read moreLondon close: FTSE gains on financials as US consumer inflation surprises
15th Feb 2017 17:15
(ShareCast News) - London stocks ended Wednesday higher as investors considered news that UK's jobless rate held steady at end-2016, with forecast-busting US inflation numbers helping boost global markets led north by financials. The FTSE 100 ended the session up 0.47% or 33.85 points at 7,302.41, s
Read moreHSBC raises targets on Barclays and RBS, upgrades Lloyds
6th Feb 2017 12:55
(ShareCast News) - It remained to be seen whether the UK had successfully navigated the Brexit storm or if the calm before the storm had lasted longer than initially foreseen, but in any case the implications for UK banks now looked "very different" than they did last summer, HSBC said. To back up t
Read moreMonday broker round-up
6th Feb 2017 12:34
(ShareCast News) - Rio Tinto: Macquarie reiterates outperform with a target price of 4300p. Barclays: HSBC reiterates buy, 260p target. Restaurant Group: UBS reiterates neutral with a 310p target. Beazley: JP Morgan reiterates overweight with a 460p target. Inchcape: Deutsche Bank reiterates buy
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