UK banking customers hit by pay day IT glitches
28th Jun 2024 11:37
(Sharecast News) - A raft of UK banking customers were hit with payment delays on Friday, after a number of high street lenders suffered IT glitches.
Read moreJPMorgan still positive on UK banks despite potential rate cuts
10th May 2024 11:17
(Sharecast News) - JPMorgan has said that dovish comments from the Bank of England this week don't alter its constructive view on UK banking stocks, even if interest rates do fall more sharply than markets are currently pricing in.
Read moreBarclays to cut jobs in investment banking - reports
1st May 2024 14:50
(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.
Read moreLondon close: Stocks buoyed by banking, mining positivity
26th Apr 2024 16:35
(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.
Read moreLondon close: Stocks finish mixed as US GDP growth slows
25th Apr 2024 15:14
(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.
Read moreBarclays Q1 profits fall 12%
25th Apr 2024 07:01
(Sharecast News) - Barclays Bank reported a 12% fall in first-quarter profit on lower income as customers shopped around for better savings rates and mortgage deals.
Read moreThursday preview: US Q1 GDP, Barclays in focus
24th Apr 2024 11:57
(Sharecast News) - Investors' attention on Thursday will be on a first reading for U.S. gross domestic product growth during the first quarter.
Read moreCiti remains 'overweight' UK banks; HSBC and Barclays 'top picks'
23rd Apr 2024 07:59
(Sharecast News) - Citi said on Tuesday that it remains 'overweight' UK banks, with HSBC and Barclays its top picks, but Standard Chartered its least preferred.
Read moreSector movers: Lenders and industrial miners pace gains amid search for yield
4th Apr 2024 15:24
(Sharecast News) - Lenders' and miners' shares helped London's top-flight index outperform amid a renewed focus on the part of some investors on so-called 'value' stocks.
Read moreCiti, Barclays set to trim investment banking headcounts
21st Mar 2024 11:45
(Sharecast News) - Banking giants Barclays and Citigroup were reportedly gearing up to trim their investment banking workforce, it emerged on Thursday, amid a slowdown in dealmaking activity within the sector.
Read moreLondon close: Stocks start the month with positive close
1st Mar 2024 15:06
(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.
Read moreLondon close: Stocks finish positive as US inflation moderates
29th Feb 2024 16:05
(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.
Read moreBarclays to sell $1.1bn of card debt to Blackstone - report
27th Feb 2024 16:08
(Sharecast News) - Barclays has agreed to sell around $1.1bn of credit-card receivables in the US to Blackstone as it looks to reduce its risk-weighted assets and create additional lending capacity.
Read moreBerenberg raises target price on Barclays
21st Feb 2024 09:36
(Sharecast News) - Analysts at Berenberg raised their target price on banking giant Barclays from 240.0p to 270.0p on Wednesday, stating the stock's current level of returns remains "chronically undervalued".
Read moreLondon close: Stocks finish lower on fresh China concerns
20th Feb 2024 15:29
(Sharecast News) - London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.
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