Investors should not make economic recession their 'base case', J.P.Morgan says
28th Mar 2022 11:06
(Sharecast News) - Equity strategists at J.P.Morgan reiterated their view that clients should not adopt an economic recession in the US, nor in Europe, as their 'base case'.
Read moreBoE may delay bank capital move because of Ukraine war
24th Mar 2022 11:14
(Sharecast News) - The Bank of England is considering delaying plans to tighten banks' capital requirements because of concerns created by Russia's invasion of Ukraine.
Read moreSector movers: Banks and insurers track gains in government bond yields
22nd Mar 2022 18:36
(Sharecast News) - Lenders' and insurers' shares paced gains on Tuesday as a top US central bank official laid out the case for moving "faster" to hike short-term interest rates.
Read moreAtlanta Fed's Bostic expects five more interest rate hikes in 2022
21st Mar 2022 13:23
(Sharecast News) - A top US central bank official projected a total of six interest rate hikes for throughout 2022 in order to get the price of money back to neutral as quickly as possible - which was the Federal Reserve's goal.
Read moreFed raises rates, sees six more hikes in 2022
16th Mar 2022 19:02
(Sharecast News) - The US central bank hiked interest rates as expected and said it was now clear that rates needed to be raised and that balance sheet run-off should begin.
Read moreHSBC tells staff to wind down dealings with Russian banks - report
28th Feb 2022 10:30
(Sharecast News) - HSBC has told staff to start winding down relations with a number of Russian banks, including VTB, the country's second-largest lender, it was reported on Monday.
Read moreHSBC Q4 profit almost doubles as growth accelerates
22nd Feb 2022 07:02
(Sharecast News) - HSBC's growth accelerated in the fourth quarter of 2021 as the bank almost doubled its pretax profit but the bank's outlook was muted.
Read moreTuesday preview: Ukraine-Russia crisis, HSBC in the spotlight
21st Feb 2022 16:18
(Sharecast News) - Geopolitics will continue to be front and centre after Moscow announced overnight its decision to recognise the independence of Ukraine's two breakaway republics and to deploy 'peacekeepers.
Read moreHSBC told to review credit risk reporting - report
15th Feb 2022 11:02
(Sharecast News) - UK regulators have told HSBC to review how it reports on credit risk, according to a report.
Read moreFed keeps policy unchanged, Powell says risks two-sided and avoids specifics
26th Jan 2022 19:08
(Sharecast News) - The US central bank didn't spring any immediate surprises on investors following its two-day policy meeting.
Read morePBoC cuts key lending rates by less than expected
20th Jan 2022 08:25
(Sharecast News) - China's central bank trimmed two key lending rates overnight in a bid to bolster activity in the country's property sector and in order to help small businesses.
Read moreRichmond Fed's Barkin tells WSJ that March rate hike is "conceivable"
10th Jan 2022 10:51
(Sharecast News) - A top US central bank official told the Wall Street Journal that an interest rate increase was "conceivable" at the Federal Reserve's March policy meeting.
Read moreBoA says prospects for HSBC share buybacks brightening
4th Jan 2022 15:28
(Sharecast News) - Analysts at Bank of America raised their target price for shares of HSBC, telling clients that the prospects for share buybacks by the lender were brightening.
Read moreHSBC fined £63.94m by FCA for anti-money laundering failings
17th Dec 2021 07:50
(Sharecast News) - British multinational bank HSBC has been fined £63.94m by the Financial Conduct Authority for failings in its anti-money laundering processes.
Read moreDeutsche Bank upgrades shares of HSBC and NatWest Group to 'buy'
7th Dec 2021 16:31
(Sharecast News) - Analysts at Deutsche Bank sounded a positive note on the outlook for UK and Irish banks, telling clients that their business mix was becoming more profitable.
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