Barclays post record profit on economic recovery, bad debt release
23rd Feb 2022 07:03
(Sharecast News) - Annual profits almost trebled at Britain's Barclays Bank, boosted by economic recovery and the release of provisions for bad loans during the Covid pandemic.
Read moreWednesday preview: Ukraine-Russia crisis, Barclays in the spotlight
22nd Feb 2022 17:34
(Sharecast News) - All eyes on Wednesday will be on the ongoing crisis and how the international community responds to Russia's decision to recognise the two breakaway republics in Ukraine's Donbass region.
Read moreJ.P. Morgan still 'bullish' on cyclicals, not sure growth offers opportunity
21st Feb 2022 15:41
(Sharecast News) - Equity strategists at J.P.Morgan reiterated their 'bullish' stance on cyclical areas of the market but warned clients away from growth stocks, telling them that current weakness in that space might not be an opportunity.
Read moreBoE's Bailey flags risks of energy inflation becoming more embedded
19th Jan 2022 16:42
(Sharecast News) - A slower decline in energy prices than was expected up to just a few months ago risked embedding them for longer in overall inflation pressures, the Governor of the Bank of England said.
Read moreDeutsche Bank upgrades shares of HSBC and NatWest Group to 'buy'
7th Dec 2021 16:31
(Sharecast News) - Analysts at Deutsche Bank sounded a positive note on the outlook for UK and Irish banks, telling clients that their business mix was becoming more profitable.
Read moreDeutsche Bank downgrades Barclays, upgrades NatWest
7th Dec 2021 14:44
(Sharecast News) - Deutsche Bank downgraded Barclays to 'hold' from 'buy' on Tuesday as it switched its preference into NatWest, which was upgraded to 'buy' from 'hold.
Read moreUK CPI will 'comfortably' exceed 5.0 per cent in April, BoE's Broadbent says
6th Dec 2021 13:01
(Sharecast News) - A top Bank of England official said that the central bank´s inflation forecast for the second quarter of 2022 may need to be raised.
Read moreEC fines HSBC, Barclays, RBS for FX rigging
2nd Dec 2021 11:59
(Sharecast News) - The European Commission has fined HSBC, Barclays, NatWest and Credit Suisse a total of €344m (£293m) for rigging foreign currency markets.
Read moreSunday newspaper round-up: BT Group, GSK, Derivatives Trading
28th Nov 2021 19:42
(Sharecast News) - Potential suitors including private equity outfits CVC and Apax, and infrastructure investors including Brookfield and Macquarie, have conducted fresh analyses to determine the value of BT's Openreach unit, which owns the infrastructure that connects most homes in the UK. The cable division might fetch £40bn. Franco-Israeli telecoms tycoon Patrick Drahi's Altice UK already owns a 12.1% stake in BT and from 11 December will be able to buy more shares. That would allow him to apply greater pressure on BT's board to sell a stake or even all of Openreach. A full takeover nevertheless is considered to be unlikely, due to the group's size, pension fund liabilities and potential political hurdles. - Financial Mail on Sunday
Read moreSunday newspaper round-up: Food prices, Asos, Labour Squeeze
21st Nov 2021 19:42
(Sharecast News) - Soaring fertiliser costs on the back of the gas crisis will prolong high food prices globally, which are already at their loftiest in half a century, until 2023. Economists at BCA Research forecast that global food prices will continue to increase during the following year and remain high into 2023. Furthermore, supply chain analysts say that supermarkets cannot insulate buyers the rising cost pressures indefinitely. - Sunday Telegraph
Read moreBarclays investors question terms of Staley exit - report
17th Nov 2021 10:25
(Sharecast News) - Some of Barclays' leading shareholders have raised concerns about the terms of former chief executive Jes Staley's abrupt departure from the bank, according to a report.
Read moreMPC votes 7-2 to keep rates on hold
4th Nov 2021 10:49
(Sharecast News) - The Monetary Policy Committee stood pat on policy with fewer of its members calling for an interest rate hike than had been expected.
Read moreBarclays' Staley to step down after Epstein probe
1st Nov 2021 07:19
(Sharecast News) - Barclays chief executive Jes Staley is standing down with immediate effect after a probe by UK financial regulators into his links with convicted sex offender Jeffrey Epstein.
Read moreBroker tips: Barclays, Unilever
22nd Oct 2021 14:51
(Sharecast News) - Analysts at Berenberg raised their target price on Barclays from 230.0p to 245.0p on Friday, telling clients that the lender's third-quarter numbers had confirmed that it was "well placed" to profit from a recovery among UK and US consumers.
Read moreBerenberg raises target on Barclays, says lender set to benefit from recovery in UK and US consumer
22nd Oct 2021 10:43
(Sharecast News) - Analysts at Berenberg bumped up their target price for shares of Barclays from 230.0p to 245.0p, telling clients that the lender's third quarter numbers had confirmed that it was "well placed" to profit from a recovery among UK and US consumers.
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