FCA to ban excessive overdraft fees in 'once-in-a-generation' shake up
18th Dec 2018 09:25
(Sharecast News) - The Financial Conduct Authority is cracking down on the UK's "dysfunctional" £2.4bn overdraft market, including banning banks from charging higher fees for unauthorised borrowing.
Read moreBP, Astra, NMC, Lloyds among Barclays' European top picks
19th Nov 2018 08:52
(Sharecast News) - Although poor investor sentiment, "idiosyncratic risks" including Brexit, Italian and German politics, ECB and European parliamentary elections next year have weighed on European stock, Barclays expects to see some of the losses to be recouped into the year end, with 19 selected as "top picks".
Read moreReports of Brexit financial services deal lift pound, banks
1st Nov 2018 10:16
(Sharecast News) - A tentative Brexit passporting deal has been struck for UK financial services, reports indicated on Wednesday, which lifted the pound and some sector companies out of their recent slump.
Read moreFriday broker round-up
26th Oct 2018 12:16
(Sharecast News) - Polypipe: Numis upgrades to buy with a target price of 450p.
Read moreThursday broker round-up
25th Oct 2018 11:31
(Sharecast News) - Hastings: Numis upgrades to buy with a target price of 295p.
Read moreLloyds Banking third quarter results beat forecasts
25th Oct 2018 07:17
(Sharecast News) - Lloyds Banking Group reported flat underlying profits for the third quarter and revealed that chief financial officer George Culmer will retire next year.
Read moreLloyds and Schroders to launch wealth management JV
23rd Oct 2018 14:42
(Sharecast News) - Lloyds Banking Group and Schroders have announced plans to launch a financial planning business aimed at affluent customers.
Read moreCity must ready itself for climate change, says Bank of England and FCA
15th Oct 2018 10:12
(Sharecast News) - The Bank of England and the Financial Conduct Authority have called on the City to better manage the financial risks of climate change.
Read moreSchroders winning race for Lloyds' Scottish Widows mandate - report
3rd Oct 2018 09:22
(Sharecast News) - Schroders is poised to win a £109bn mandate from Lloyds Banking Group to manage its Scottish Widows investment assets, according to a newspaper report.
Read moreGoldman upgrades RBS on valuation, better capital return prospects
12th Sep 2018 10:29
(Sharecast News) - Goldman Sachs upgraded Royal Bank of Scotland to 'buy' from 'neutral' and lifted the price target by 5% to 345p on Wednesday, citing an attractive valuation and better capital return prospects over the medium term.
Read moreBrexit tail-risks for UK banks are rising, JP Morgan says
5th Sep 2018 15:17
(Sharecast News) - Analysts at JP Morgan sounded an upbeat note on shares of UK lenders on Wednesday, even as they warned that Brexit 'tail-risks' were rising.
Read moreBerenberg ups Lloyds to 'hold' on valuation
4th Sep 2018 14:03
(Sharecast News) - Berenberg upgraded Lloyds Banking Group to 'hold' from 'sell' on Tuesday on valuation grounds, keeping the price target at 60p.
Read moreMelrose in talks to transfer one of GKN's pension schemes
31st Aug 2018 18:46
(Sharecast News) - Turnaround specialist Melrose is studying offloading the smaller of engineer GKN's two retirement schemes, with liabilities of close to £500.0m, to an insurer.
Read moreLloyds completes £1bn share repurchase programme
28th Aug 2018 08:05
(Sharecast News) - Lloyds Banking Group announced on Tuesday that, following the purchase of ordinary shares on 24 August, its share buyback programme as announced on 8 March was completed in accordance with the terms.
Read moreHSBC trims Lloyds target price and upgrades RBS, but prefers Barclays
17th Aug 2018 14:41
(Sharecast News) - Analysts at HSBC sounded a more positive note on RBS and Barclays on Friday, but not Lloyds, following the 15-20% decline in their share prices over the past three months, on the back of concerns around geopolitics (and Brexit).
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