HSBC 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.
Read moreHSBC 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.
Read moreHuawei 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.
Read morePresidents 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.
Read moreNatWest 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.
Read moreHSBC 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.
Read moreMoonpig 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.
Read moreTuesday 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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