Monday broker round-up

16th Mar 2020 13:18

(Sharecast News) - Weir Group: Morgan Stanley downgrades to equal weight with a target price of 1,350p.

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Coronavirus infection triggers partial evcuation at HSBC

5th Mar 2020 11:57

(Sharecast News) - HSBC's research department in the City was evacuated and sanitized after an employee tested positive for the COVID-19 coronavirus.

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Tuesday broker round-up

3rd Mar 2020 12:46

(Sharecast News) - Huntsworth: Liberum downgrades to hold with a target price of 108p.

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Monday broker round-up

2nd Mar 2020 13:33

(Sharecast News) - Burberry Group: Bank of America upgrades to buy with a target price of 1,800p.

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HSBC's premium valuation 'unjustified', argues Berenberg

26th Feb 2020 10:59

(Sharecast News) - Berenberg has reiterated is 'sell' rating on HSBC, arguing the blue chip bank's premium valuation is "unjustified".

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HSBC set to close 27 more UK branches in 2020

25th Feb 2020 08:21

(Sharecast News) - HSBC expects another wave of closures in the UK with 27 branches confirmed for the cut as more customers turn to online and mobile banking.

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UniCredit's Mustier withdraws from running for top post at HSBC

24th Feb 2020 11:18

(Sharecast News) - Italian bank UniCredit said on Monday that its current chief executive officer, Jean Pierre Mustier, will remain in his role.

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UK regulator tells companies to report coronavirus risks

18th Feb 2020 07:47

(Sharecast News) - The UK's accountancy regulator told companies to report the full extent of risks caused by coronavirus when announcing financial results as concerns mounted about the disease's effect on business and the global economy.

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HSBC to cut 35,000 jobs after profit drops by one-third

18th Feb 2020 07:03

(Sharecast News) - HSBC said it would cut about 35,000 jobs in a radical business overhaul as the global bank reported a one-third fall in annual profit and wrote down more than $7bn (£5.4bn) of assets.

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Tuesday preview: UK employment, HSBC in focus

17th Feb 2020 18:08

(Sharecast News) - The focus on both sides of the Channel on Tuesday will be on some of the most recent data for the turn of the year, as investors try to assess economic momentum.

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Credit Suisse initiates coverage of UK banks; HSBC named top pick

11th Feb 2020 13:40

(Sharecast News) - Credit Suisse has initiated full coverage of the UK banking sector, upgrading HSBC to 'outperform' in the process.

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Wednesday broker round-up

5th Feb 2020 13:17

(Sharecast News) - Antofagasta: Deutsche Bank upgrades to hold with a target price of 850p.

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FCA questions banks over higher overdraft rates

28th Jan 2020 07:43

(Sharecast News) - The Financial Conduct Authority has asked the big banks to reveal how they arrived at new overdraft rates of about 40% and to show how they will help affected customers after criticism of its rule changes.

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HK police arrest 400 as HSBC branch targeted

2nd Jan 2020 10:53

(Sharecast News) - Police arrested around 400 people in Hong Kong as anti-government protesters resumed their campaign in the new year, targeting HSBC in the process.

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Huawei CFO wins Canada legal battle to see more evidence on her arrest

11th Dec 2019 11:24

(Sharecast News) - The lawyers of Huawei's chief financial officer, Meng Wanzhou, won a legal battle in Canada's courts on Tuesday to be given access to more documents regarding the reasons behind her arrest.

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