Sunday newspaper round-up: BT Group, Aston Martin, MPs
9th Jul 2023 22:41
(Sharecast News) - BT has intensified its preparations to see off a possible takeover bid by its major shareholder Deutsche Telekom. For months now, the telecoms services provider had been working with Robey Warshaw and Goldman Sachs to prepare against such a scenario. Speculation in that regard was reaching a crescendo both in the City and within the sector, due to BT's need to invest £15bn in its new fibre-optic broadband network and multiple potentially destabilising factors. - The Sunday Telegraph
Read moreFCA summons bank chiefs over low savings rate concerns
4th Jul 2023 07:24
(Sharecast News) - The Financial Conduct Authority (FCA) has called on the chief executives of major banks to address concerns over the low savings rates being offered to customers, it emerged on Tuesday.
Read moreJP Morgan backs NatWest over Lloyds
8th Jun 2023 13:09
(Sharecast News) - JP Morgan sees better risk reward in NatWest Group relative to Lloyds Banking Group, in a note published on Thursday on UK banks.
Read moreBarclays studying options for payments business - report
7th Jun 2023 15:17
(Sharecast News) - Barclays is reportedly studying options for its global payments activities as a part of broader review into how it allocates resources.
Read moreBarclays holds guidance as Q1 profit jumps 16%
27th Apr 2023 07:03
(Sharecast News) - Barclays said it was on track to meet full-year guidance as it posted a 16% jump in pre-tax profits driven by growth across all its businesses.
Read moreQuestions for Barclays over Staley Epstein links, says ISS
17th Apr 2023 15:56
(Sharecast News) - An influential shareholder advisory group has recommended that the board of Barclays be re-elected, but with the caveat that it should face questions about its decision to back former boss Jes Staley despite his links to the dead paedophile Jeffrey Epstein
Read moreBarclays to cut around 100 roles in investment banking - reports
17th Apr 2023 11:16
(Sharecast News) - Barclays will reportedly cut about 100 roles in its investment banking group, as the slowdown in dealmaking and capital-markets businesses continues.
Read moreSector movers: Banks pace gains
14th Apr 2023 17:51
(Sharecast News) - Bank shares paced gains at the end of the week amid a raft of well-received sector earnings on the other side of the Atlantic and due to the possibility of further rate hikes in both the US and UK.
Read moreInvestors urged to vote against Barclays pay proposals
6th Apr 2023 12:35
(Sharecast News) - Glass Lewis, the US proxy advisor, has recommended shareholders vote against Barclays' pay proposals for its top executives.
Read moreBoE hikes by 25bp, says inflation likely to fall sharply over rest of 2023
23rd Mar 2023 10:14
(Sharecast News) - The Bank of England went ahead and raised rates as expected, saying that global growth was expected to be stronger than anticipated in the February Monetary Policy Report.
Read moreCredit Suisse shares plunge as SNB rules out further support
15th Mar 2023 11:40
(Sharecast News) - Shares in Credit Suisse plunged to a record low on Wednesday, after a key investor ruled out providing further capital.
Read moreCiti reiterates 'buy' rating on four UK bank stocks
10th Mar 2023 13:38
(Sharecast News) - Citi reiterated its 'buy' rating on Lloyds, NatWest, Barclays and Virgin Money on Friday.
Read moreBarclays profits fall 14% on bad debt charges, US over-issuance error
15th Feb 2023 07:02
(Sharecast News) - Barclays Bank said annual profits fell 14%, driven by poor performance at its investment unit, a rise in debt impairment provisions and the costs of a massive trading error in the US.
Read moreWednesday preview: US retail sales, Barclays in the spotlight
14th Feb 2023 10:09
(Sharecast News) - The market spotlight in the middle of the week will continue to be on the US, where a raft of activity indicators were due out.
Read moreBarclays in row over Tech Nation staff
10th Feb 2023 12:11
(Sharecast News) - Banking giant Barclays has come head-to-head with Tech Nation over whether or not it should be forced to absorb dozens of staff under regulations designed to protect workers when their employer is taken over.
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