Sunday newspaper round-up: Lockdown, Vaccines, Social distancing
26th Apr 2020 23:44
(Sharecast News) - Boris Johnson is expected to announce plans for easing the lockdown as early as this week after he returned to Downing Street on Sunday night to take full-time control of the coronavirus crisis. The Prime Minister will on Monday morning chair his first meeting of the Covid-19 "war cabinet" since he was taken to hospital more than three weeks ago, and is ready to resume his role hosting televised Number 10 press conferences. - Sunday Telegraph
Read moreHSBC's Tucker says sorry for scrapped dividend
24th Apr 2020 14:06
(Sharecast News) - HSBC Chairman Mark Tucker apologised for the bank's cancelled dividend at an annual general meeting held behind closed doors because of the Covid-19 crisis.
Read moreBoE tells banks to use buffers to support economy
20th Apr 2020 14:26
(Sharecast News) - The Bank of England has told banks to use their liquidity and capital buffers to back customers during the Covid-19 crisis after requiring lenders to cancel dividends to bolster their finances.
Read moreHin Leong founder reveals unrecorded losses of $800m
20th Apr 2020 13:40
(Sharecast News) - The founder of oil trader Hin Leong Trading has admitted ordering the non-reporting of $800m (£643m) of losses before the Singapore company filed for bankruptcy.
Read moreGovernment calls for shareholder days in lieu of AGMs
17th Apr 2020 09:48
(Sharecast News) - The government has called on companies to hold shareholder days to give investors the chance to interrogate boards when Covid-19 limits on annual general meetings are lifted.
Read moreBarclays upgrades RBS, says Lloyds preferred UK bank stock
16th Apr 2020 13:59
(Sharecast News) - Barclays upped its stance on Royal Bank of Scotland shares to 'equalweight' from 'underweight' on Thursday in a note on UK banks.
Read moreFederal Reserve to purchase higher-rated junk bonds through new facility
9th Apr 2020 14:17
(Sharecast News) - America's central bank stepped up to the plate yet again with plans to provide as much as $2.3trn in financing for the private sector, especially for small and medium-sized companies, alongside local and state governments.
Read moreJP Morgan boss anticipates financial stress akin to 2008 crisis
6th Apr 2020 13:14
(Sharecast News) - The head of America's largest lender by market value is digging in for a severe downturn.
Read moreHSBC board to avoid angry investors at AGM behind closed doors
6th Apr 2020 12:18
(Sharecast News) - HSBC has switched the venue of its annual general meeting to its London head office and barred shareholders from attending in a move that will shield directors from investor anger after a turbulent year for the bank.
Read moreFCA to freeze consumer loan payments in emergency measures
2nd Apr 2020 07:44
(Sharecast News) - The Financial Conduct Authority has asked lenders to introduce loan payment freezes and interest-free overdrafts to support consumers whose finances have been hit by the Covid-19 crisis.
Read moreHSBC scraps dividends at BoE's request
1st Apr 2020 07:16
(Sharecast News) - HSBC has cancelled its fourth-quarter dividend and agreed not to pay dividends or buy back shares in 2020 after the Bank of England told the bank to conserve capital during the Covid-19 crisis.
Read moreUK banks warned against profiteering during Covid-19 crisis
26th Mar 2020 12:34
(Sharecast News) - UK banks were formally warned not to take advantage of the coronavirus crisis as they were accused in parliament of profiteering.
Read moreUK banks 'well able' to withstand Covid-19 crisis - FPC
24th Mar 2020 12:02
(Sharecast News) - UK banks are well positioned to withstand the severe disruption brought about by the coronavirus pandemic, the Bank of England's Financial Policy Committee said on Tuesday, as it pledged to take further action to underpin financial stability if needed.
Read moreHSBC appoints Noel Quinn as permanent CEO
17th Mar 2020 18:12
(Sharecast News) - HSBC has appointed interim chief executive Noel Quinn to the role on a permanent basis, with immediate effect.
Read moreTuesday broker round-up
17th Mar 2020 13:00
(Sharecast News) - Ti Fluid Systems: Citigroup downgrades to neutral with a target price of 140p.
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