Credit Suisse reiterates 'positive' stance on UK Banks
12th Apr 2021 12:26
(Sharecast News) - Analysts at Credit Suisse reiterated their "positive" stance on UK banks ahead of the start of the earnings season for the sector.
Read moreXi warns Merkel of difficulties ahead in China-EU relations
7th Apr 2021 14:19
(Sharecast News) - China's President Xi Jinping on Wednesday told German Chancellor Angela Merkel that relations between China and the EU were facing "various challenges" and he hoped the 27-nation bloc could "independently" make correct judgements, Chinese state media reported.
Read moreHSBC moves 1,200 staff to permanent home working - report
7th Apr 2021 13:35
(Sharecast News) - HSBC is switching more than 1,200 of its UK employees to permanent home-working in a further sign of companies locking in changes to work patterns wrought by the pandemic.
Read moreTuesday broker round-up
6th Apr 2021 13:27
(Sharecast News) - Touchstone Exploration: Canaccord downgrades to speculative buy with a target price of 140p.
Read moreAviva to shun Deliveroo IPO over treatment of workers
24th Mar 2021 10:08
(Sharecast News) - Aviva Investors said it would not buy shares in Deliveroo's flotation because of risks posed by the company's treatment of its workers.
Read moreFed's Kaplan among those expecting first interest rate hike in 2022
23rd Mar 2021 12:21
(Sharecast News) - The US central bank should start hiking interest rates in 2021, a top Federal Reserve official reiterated on Tuesday.
Read moreHSBC in final talks to sell French retail bank - report
17th Mar 2021 14:57
(Sharecast News) - HSBC is in final talks to sell its French retail banking business to Cerberus, a private equity firm, for a token price Reuters reported.
Read moreHSBC pledges to end coal financing under shareholder pressure
11th Mar 2021 11:13
(Sharecast News) - HSBC has pledged to phase out financing of coal by 2040 under pressure from a $2.4trn coalition of shareholders.
Read moreSector movers: Banks continue to find favour as investors eye exit from pandemic
8th Mar 2021 15:48
(Sharecast News) - Banks' shares continued to outperform Technology at the start of the week amid expectations for an exit from the Covid-19 pandemic, possibly as soon as in the next couple of months, as well as for increased fiscal stimulus spending in the US.
Read moreSector movers: Losses in Financial Services offset by gains for Banks and Oil majors
6th Mar 2021 17:45
(Sharecast News) - Investors in Financial Services got the short end of the stock on Friday, as shares in the London Stock Exchange Group were hit by a wave of selling after the stockmarket operator flagged its intention to increased spending on its integration with Refinitiv in 2021.
Read moreEx-BoE Governor Mervyn King warns of 'excessive complacency' on inflation
1st Mar 2021 12:34
(Sharecast News) - Central bankers need to be ready for inflation to move in either direction, former Bank of England Governor, Mervyn King, said.
Read moreSunday newspaper round-up: Tax rises, Vaccines, EasyJet
28th Feb 2021 20:10
(Sharecast News) - Rishi Sunak laid the ground for tax rises today as he said it was time to "level with people" about the problems facing the economy. The chancellor confirmed he will extend coronavirus support in Wednesday's budget but warned that the pandemic had an "enormous hold" on the economy. Speaking on Sky's Sophy Ridge on Sunday he said: "We do have a challenge in our public finances and if we don't do anything, borrowing will continue to be at very high levels - even after we've recovered from Covid, debt will continue to rise indefinitely and that's not a good situation." - Sunday Times
Read moreWednesday broker round-up
24th Feb 2021 13:56
(Sharecast News) - Greencore: HSBC upgrades to buy with a target price of 170p.
Read moreHSBC turns to Asia, resumes dividend as profits slump 34%
23rd Feb 2021 07:02
(Sharecast News) - HSBC reported a 34% slump in annual profits dur to the Covid-19 pandemic, but resumed dividend payments and said it would refocus operations on China.
Read moreTuesday preview: UK employment, HSBC in the spotlight
22nd Feb 2021 14:46
(Sharecast News) - The focus on Tuesday will be on the UK employment report for December which is expected to show only a moderate increase in the rate of unemployment for the three months to year-end.
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