Barclays profit hits record as bad debts released
21st Oct 2021 07:02
(Sharecast News) - Barclays reported a record £6.9bn of profit for the first nine months of 2021 as the bank released bad debt provisions made earlier in the pandemic.
Read moreThursday preview: Fed's Waller, Barclays in focus
20th Oct 2021 15:37
(Sharecast News) - Investors´ attention on Thursday will be on possible policy-relevant remarks from US Federal Reserve governor Christopher Waller.
Read moreGovernment to link mortgages to green home improvements - report
19th Oct 2021 11:53
(Sharecast News) - The government wants to link mortgages to compulsory green improvements to homes, it was reported on Tuesday.
Read moreMPC member Tenreyro pushes back on early rate rise
14th Oct 2021 12:31
(Sharecast News) - One of the Bank of England's policy setters has warned against raising interest rates in response to short-lived inflationary pressures, arguing it could be "self-defeating".
Read moreBoE's Bailey, Saunders express concern over rising inflation
11th Oct 2021 10:48
(Sharecast News) - The head of the Bank of England called for further investment in infrastructure in the UK and said Bank was going to have a very "challenging job" on its hands when it came to dealing with inflation.
Read moreBoA reiterates negative stance on European stocks, but stays overweight banks and airlines
8th Oct 2021 10:22
(Sharecast News) - Analysts at Bank of America reiterated their negative view on European equities, telling clients that macro uncertainty was on the rise and economic growth momentum set to weaken, but stayed 'overweight' on lenders' and airline shares.
Read moreBoA raises short-term UK CPI forecasts
6th Oct 2021 15:23
(Sharecast News) - Economists at Bank of America bumped up their consumer price forecasts for the UK on the back of the recent jump in energy quotes although they still assumed that inflation would dip below Bank's 2.0% target in April 2023 temporarily.
Read more10-year Gilts hit 1.0% for first time since March 2020
28th Sep 2021 16:07
(Sharecast News) - Yields on longer-term UK government debt hit their highest level since March 2020 on Tuesday, amid signals from some central banks that they were ready to begin weaning their economies off emergency stimulus programmes.
Read moreBarclays sued for €279m in Dutch derivatives suit
24th Sep 2021 11:35
(Sharecast News) - Britain's Barclays Bank has been sued for €279m ($239m) for its alleged involvement in a derivatives investment that almost put a Dutch affordable-housing provider out of business, it was reported on Friday.
Read moreBarclays sued for €279m in Dutch derivatives suit
24th Sep 2021 11:35
(Sharecast News) - Britain's Barclays Bank has been sued for €279m ($239m) for its alleged involvement in a derivatives investment that almost put a Dutch affordable-housing provider out of business, it was reported on Friday.
Read moreBarclays buys $3.8bn Gap card portfolio
27th Aug 2021 09:37
(Sharecast News) - Barclays has agreed to buy $3.8bn (£2.8bn) of credit card receivables from Synchrony Bank issued with The Gap after replacing the US lender as the retailer's card partner.
Read moreCovid-19 concerns clouding the outlook for stocks, BoA survey says
17th Aug 2021 12:44
(Sharecast News) - A majority of global investors continue to expect the rally in European equities to continue in 2022, the results of a closely-followed survey revealed.
Read moreBank of America stays at 'buy' on Barclays, eyes increased capital returns
11th Aug 2021 11:27
(Sharecast News) - Analysts at Bank of America reiterated their 'buy' recommendation and 225.0p target price for shares of Barclays, telling clients that the lender had demonstrated its balance sheet strength and its commitment to investing in the business.
Read moreGoldman Sachs takes NatWest off 'Conviction List'
5th Aug 2021 08:42
(Sharecast News) - Goldman Sachs has taken NatWest off its 'conviction buy' list, citing headwinds in UK mortgage pricing.
Read moreBarclays resumes dividends as H1 profits smash estimates
28th Jul 2021 07:02
(Sharecast News) - UK bank Barclays on Wednesday smashed first-half profit estimates as it released £742m in impairments, resumed dividends and announced a £500m share buyback.
Read more