Deutsche Bank downgrades Barclays, upgrades NatWest
7th Dec 2021 14:44
(Sharecast News) - Deutsche Bank downgraded Barclays to 'hold' from 'buy' on Tuesday as it switched its preference into NatWest, which was upgraded to 'buy' from 'hold.
Read morePBoC announces half point cut to RRR for all lenders
6th Dec 2021 09:48
(Sharecast News) - The People's Bank of China said that it will lower its reserve requirement ratio for all lenders, as hinted to by Chinese premier Li Keqiang and the country's Politburo.
Read moreEC fines HSBC, Barclays, RBS for FX rigging
2nd Dec 2021 11:59
(Sharecast News) - The European Commission has fined HSBC, Barclays, NatWest and Credit Suisse a total of €344m (£293m) for rigging foreign currency markets.
Read moreHSBC Q3 profits up 74%, announces $2bn buyback
25th Oct 2021 07:02
(Sharecast News) - HSBC on Monday reported bumper third-quarter profits that smashed expectations as it unveiled plans for a share buyback of up to $2bn after releasing hundreds of millions set aside for expected bad loans during the Covid pandemic.
Read moreMPC member Tenreyro pushes back on early rate rise
14th Oct 2021 12:31
(Sharecast News) - One of the Bank of England's policy setters has warned against raising interest rates in response to short-lived inflationary pressures, arguing it could be "self-defeating".
Read moreUS September non-farm payrolls surprise to the downside
8th Oct 2021 13:45
(Sharecast News) - Job growth in the US continued slowing unexpectedly September even as the latest wave of Covid-19 infections appeared to have peaked.
Read moreBoA raises short-term UK CPI forecasts
6th Oct 2021 15:23
(Sharecast News) - Economists at Bank of America bumped up their consumer price forecasts for the UK on the back of the recent jump in energy quotes although they still assumed that inflation would dip below Bank's 2.0% target in April 2023 temporarily.
Read more10-year Gilts hit 1.0% for first time since March 2020
28th Sep 2021 16:07
(Sharecast News) - Yields on longer-term UK government debt hit their highest level since March 2020 on Tuesday, amid signals from some central banks that they were ready to begin weaning their economies off emergency stimulus programmes.
Read moreUS and Chinese presidents hold first direct contact since February
10th Sep 2021 15:42
(Sharecast News) - The US and Chinese presidents held their first direct conversations since February overnight on Thursday.
Read moreFed should wrap up QE by end of Q1 2022, Bullard says
8th Sep 2021 11:44
(Sharecast News) - A top official at the Federal Reserve brushed off concerns about a slowdown in hiring and said the central bank remained set to start tapering its debt purchases before year-end.
Read moreHSBC in talks to buy L&T mutual fund arm - report
31st Aug 2021 12:15
(Sharecast News) - HSBC is in advanced and exclusive talks with L&T Finance Holdings to buy its the Indian firm's mutual fund arm, according to reports on Tuesday.
Read moreFed's Kaplan says he may have to adjust his views
20th Aug 2021 14:33
(Sharecast News) - One of the more 'hawkish' US central bank officials said he might need to adjust his views on monetary policy should the Delta variant of Covid-19 drag on the economy too much.
Read moreFed 'tapering' could start before year-end, meeting minutes show
19th Aug 2021 09:59
(Sharecast News) - A majority of the US central bank's top policymakers judged that the Federal Reserve would be able to slow its bond purchases later in 2021, the minutes of their last policy meeting revealed.
Read moreHSBC chairman says Sino-US relations moving to new status quo
18th Aug 2021 13:25
(Sharecast News) - HSBC chairman Mark Tucker sounded a hopeful note on US-China relations while doubling down on the lender's increasing focus on Greater China.
Read moreCovid-19 concerns clouding the outlook for stocks, BoA survey says
17th Aug 2021 12:44
(Sharecast News) - A majority of global investors continue to expect the rally in European equities to continue in 2022, the results of a closely-followed survey revealed.
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