Lloyds and Schroders on hiring spree as they look to boost AUM - reports
11th Feb 2019 12:33
(Sharecast News) - Lloyds Banking Group and Schroders are to ramp up their wealth management joint venture by hiring up to 700 advisors and increasing assets under management.
Read moreLloyds cuts back-office jobs as part of strategy review
30th Jan 2019 11:46
(Sharecast News) - Lloyds Banking Group has cut a number of jobs across the UK as part of the next stage in its strategic review.
Read moreLloyds launches version of family mortgage
28th Jan 2019 10:00
(Sharecast News) - Lloyds Bank has unveiled a new mortgage that would allow first-time home buyers to borrow 100% of the property price without having to pay a deposit, but only if they get another family member involved.
Read moreUK equities looking 'particularly attractive', says Morgan Stanley
14th Jan 2019 13:07
(Sharecast News) - Since the global selloff at the end of last year, UK equity valuations are looking "particularly attractive", Morgan Stanley has told clients, suggesting banks could see the biggest bounce from a postive Brexit outcome.
Read moreFCA 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.
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