London close: Stocks finish week on positive note
22nd Nov 2024 16:06
(Sharecast News) - London's equity markets ended the week on a high note, as investors digested an improvement in UK consumer confidence, even as other indicators such as business output and retail sales painted a more challenging picture.
Read moreRBC cuts target prices for UK banks after motor finance ruling
31st Oct 2024 14:20
(Sharecast News) - RBC Capital Markets has cut target prices for a number of UK-listed banks after this week's landmark ruling on motor finance commissions, saying that the news brings about an increased level of uncertainty and potential downside for lenders.
Read moreLondon close: Stocks mixed after barrage of corporate updates
24th Oct 2024 09:37
(Sharecast News) - London's stock markets ended Thursday with mixed results, with the top-flight index held aloft by strong earnings reports from major companies like Unilever and Barclays, as investors digested a slew of US data.
Read moreBarclays lifts annual NII target as Q3 profits rise
24th Oct 2024 07:23
(Sharecast News) - Barclays has nudged up its net interest income guidance for the full year after a solid third quarter, with the bank on track to deliver on its short and medium-term financial metrics.
Read moreThursday preview: Global PMIs, Barclays in focus
23rd Oct 2024 16:04
(Sharecast News) - Investors' focus on Thursday will be on a raft of purchasing manager survey results due out in the UK, euro area US.
Read moreBarclays in talks with Brookfield about sale of UK payments arm - report
22nd Oct 2024 12:30
(Sharecast News) - Barclays has reportedly re-entered talks about a heavily structured deal to offload a stake in a major division of its British operations to asset management firm Brookfield.
Read moreJefferies upgrades NatWest to 'buy' but prefers Lloyds
15th Oct 2024 12:10
(Sharecast News) - Jefferies has upgraded its recommendation for NatWest from 'underperform' to 'buy', but still rates Lloyds as its preferred stock in the UK banking sector.
Read moreLondon close: Stocks slip as investors await Nvidia results
28th Aug 2024 15:00
(Sharecast News) - London stocks ended slightly down on Wednesday, with investors showing restraint ahead of crucial earnings from US chipmaker Nvidia.
Read moreBarclays becomes latest to lift cap on banker bonuses
8th Aug 2024 15:19
(Sharecast News) - Barclays has become the latest bank in the UK to lift the cap on senior banker bonuses, following in the footsteps of JPMorgan and Goldman Sachs.
Read moreLondon close: Stocks finish higher amid global recovery
7th Aug 2024 16:34
(Sharecast News) - London's stock markets closed higher on Wednesday, buoyed by positive global sentiment following remarks from the Bank of Japan.
Read moreLondon close: Stocks slide as Bank of England trims rates
1st Aug 2024 16:09
(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, as investors digested the Bank of England's decision to cut interest rates for the first time in four years.
Read moreBarclays raises interest guidance despite fall in first-half income
1st Aug 2024 08:39
(Sharecast News) - Barclays reported a return on tangible equity (RoTE) of 11.1% for its first half on Thursday, down from 13.2% in the same period last year, with profit before tax slipping to £4.2b from £4.6bn, although it raised its full-year net interest income guidance.
Read moreLondon close: Stocks mixed as PM Starmer names his Cabinet
5th Jul 2024 16:35
(Sharecast News) - London's stock markets ended the week on a mixed note on Friday, after a subdued response to Labour's general election victory, although housebuilders and the more domestically-focussed FTSE 250 made gains.
Read moreLondon close: Stocks rise as UK election enters final hours
4th Jul 2024 15:41
(Sharecast News) - London stocks remained in the green by the close on Thursday, buoyed by optimistic market sentiment as UK voters headed to the polls amid widespread expectation of a Labour party victory.
Read moreBarclays to sell German consumer finance business to Bawag Group
4th Jul 2024 08:56
(Sharecast News) - Barclays said on Thursday that it has agreed to sell its German consumer finance business to Austrian bank Bawag Group.
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