HSBC recruits former CBI boss Carolyn Fairbairn as director

19th Feb 2021 08:50

(Sharecast News) - HSBC has recruited Carolyn Fairbairn, the former boss of the CBI, as a non-executive director to draw on her connections and political acumen at a time of turbulence for the bank.

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Huawei seeks court order to access HSBC records in detained CFO case

12th Feb 2021 09:00

(Sharecast News) - Huawei is seeking a court order to access HSBC records in a bid to stop its chief financial officer, Meng Wanzhou, from being extradited from Canada to the US.

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Presidents Biden and Xi hold first phone call since change of US administration

11th Feb 2021 09:01

(Sharecast News) - US President Joe Biden and Chinese leader Xi Jinping held their first phone call since the change of administration in Washington on Thursday morning.

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NatWest switches to Mastercard debit cards from Visa

4th Feb 2021 08:37

(Sharecast News) - NatWest has switched to issuing Mastercard debit cards from Visa, in an agreement that includes 16m consumer and business customer cards.

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HSBC to launch private banking business in Thailand

1st Feb 2021 08:26

(Sharecast News) - HSBC Holdings said on Monday it had set up a new private banking business in Thailand, the second in Southeast Asia.

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Moonpig becomes latest company to pursue London IPO

12th Jan 2021 13:45

(Sharecast News) - Online card retailer Moonpig has unveiled plans for a potential £1bn London listing following a surge in revenues.

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Tuesday broker round-up

12th Jan 2021 13:14

(Sharecast News) - Clarkson: JP Morgan downgrades to neutral with a target price of 2,960p.

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US bond yields advance with Democrats on cusp of taking Senate

6th Jan 2021 14:48

(Sharecast News) - Government debt markets in the US were under selling pressure in the middle of the week after Democrats clinched one of two run-off votes for the country's Senate, possibly giving control of the upper chamber of Congress to his party, possibly implying greater government spending and taxes down the line.

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Crisis hits more than 500 UK company dividends

6th Jan 2021 11:01

(Sharecast News) - More than 500 UK-listed companies scrapped, cut or suspended dividend payments in 2020 as the Covid-19 crisis threatened their finances, a survey showed.

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Federal Reserve 'tweaks' QE guidance to easier for longer

16th Dec 2020 19:59

(Sharecast News) - The Federal Reserve 'tweaked' its guidance for asset purchases on Thursday night, from time-based to outcome-based.

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S&P says UK sovereign debt rating might come under pressure in 'no deal' Brexit

14th Dec 2020 14:15

(Sharecast News) - One of the world's top three credit rating agencies said a 'no deal' Brexit could see its rating for the UK's sovereign debt come under pressure should it complicate the outlook for the economy and fiscal consolidation.

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JP Morgan cuts NatWest to 'neutral' after BoE dividend move

11th Dec 2020 08:30

(Sharecast News) - JP Morgan downgraded NatWest to 'neutral' after the Bank of England's partial relaxation of restrictions on shareholder payouts by UK banks.

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US preparing fresh sanctions on Chinese officials - report

7th Dec 2020 10:57

(Sharecast News) - Washington is looking to impose further sanctions on a number of Chinese officials over the political crackdown in Hong Kong, it was reported on Monday.

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Sunday newspaper round-up: Brexit, North Sea, Netflix

6th Dec 2020 17:29

(Sharecast News) - Boris Johnson told the EU Britain must have "freedom" to make its own rules last night as cabinet ministers said he should pursue a no-deal Brexit unless Brussels backs down. The prime minister and Ursula von der Leyen, the president of the European Commission, last night agreed to a "final throw of the dice" this week to salvage a deal. But a senior No 10 figure warned the chances of getting an agreement were now "no better than 50-50" after more than four years and five months of talks. - Sunday Times

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Wednesday broker round-up

2nd Dec 2020 13:11

(Sharecast News) - Royal Dutch Shell A: JP Morgan upgrades to overweight with a target price of 1,700p.

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