Former Barclays boss Jes Staley banned over Epstein scandal
12th Oct 2023 11:51
(Sharecast News) - The former chief executive of Barclays has been banned and fined nearly £2m by the City watchdog over his relationship with disgraced financier Jeffrey Epstein.
Read moreLondon close: Stocks finish higher on dovish Fed rhetoric
10th Oct 2023 16:34
(Sharecast News) - London markets enjoyed a buoyant session on Tuesday, closing with substantial gains after dovish comments from US Federal Reserve officials overnight signalled a potential pause to interest rate hikes.
Read moreLondon close: Stocks mixed on global economic jitters
26th Sep 2023 16:47
(Sharecast News) - Stocks in London ended Tuesday on a varied note, reflecting global apprehensions around the Chinese economy and rising interest rates, while the shadow of a US credit warning from Moody's loomed large.
Read moreBarclays to cut more than 450 jobs, says Unite
12th Sep 2023 13:47
(Sharecast News) - Barclays is cutting more than 450 jobs, the Unite union announced on Tuesday.
Read moreBarclays reportedly looking for investors in UK merchant payments arm
4th Sep 2023 14:32
(Sharecast News) - Barclays is looking for buyers to invest in its merchant acquiring unit in the UK, according to reports.
Read moreUK banking stocks are undervalued, says Shore Capital
18th Aug 2023 10:22
(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".
Read moreFTSE 100 movers: Commodity stocks rise, Hiscox sinks
9th Aug 2023 16:16
(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.
Read moreBerenberg stays at 'buy' on Barclays, trims target price
28th Jul 2023 12:14
(Sharecast News) - Analysts at Berenberg stood by their 'buy' recommendation on shares of Barclays.
Read moreBarclays H1 profits surge to £4.5bn but bad loan charges rise
27th Jul 2023 07:02
(Sharecast News) - Barclays became the second bank to post surging profits on the back of higher interest rates and lift its provisions for bad loans.
Read moreUK bank pass annual stress tests, says BoE
12th Jul 2023 07:21
(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.
Read moreSunday 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 more