Lloyds Bank Q3 profits surge despite lower lending
25th Oct 2023 07:01
(Sharecast News) - Lloyds Bank reported a massive jump in third quarter profits as it continued to cash in on higher interest rates, despite a reduction in lending to customers amid tough macroeconomic conditions.
Read moreBarclay family looks to stall crucial court case - report
23rd Oct 2023 11:15
(Sharecast News) - The Barclay family is seeking to postpone a court case that would see insolvency proceedings get underway for one of their key holding companies, it was reported on Monday.
Read moreUK banking stocks are undervalued, says Shore Capital
18th Aug 2023 10:22
(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".
Read moreFTSE 100 movers: Commodity stocks rise, Hiscox sinks
9th Aug 2023 16:16
(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.
Read moreLloyds Bank interim profits surge 23%
26th Jul 2023 07:03
(Sharecast News) - Lloyds Bank on Wednesday reported another surge in earnings, although slightly below expectations, and set aside more cash for bad loans amid pressure to provide hard pressed savers better returns.
Read moreWednesday preview: Federal Reserve, Lloyds in the spotlight
25th Jul 2023 12:26
(Sharecast News) - All eyes on Wednesday would be on the U.S. Federal Reserve and whether or not it signaled that interest rates hikes would stop after this policy meeting.
Read moreUK bank pass annual stress tests, says BoE
12th Jul 2023 07:21
(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.
Read moreFCA summons bank chiefs over low savings rate concerns
4th Jul 2023 07:24
(Sharecast News) - The Financial Conduct Authority (FCA) has called on the chief executives of major banks to address concerns over the low savings rates being offered to customers, it emerged on Tuesday.
Read moreJPMorgan downgrades Lloyds to 'underweight'
26th Jun 2023 10:10
(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.
Read moreBroker tips: Lloyds, Cranswick, On The Beach
26th Jun 2023 07:40
(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.
Read moreBroker tips: Hammerson, Lloyds, British Land, Landsec
9th Jun 2023 14:02
(Sharecast News) - Barclays upgraded Hammerson on Friday to 'overweight' from 'underweight' and lifted the price target to 30p from 25p.
Read moreCiti removes Lloyds from 'EMEA Focus List', keeps at 'buy'
9th Jun 2023 09:45
(Sharecast News) - Citi removed Lloyds Banking Group from its 'EMEA Focus List' on Friday as it pointed to headwinds in the second quarter.
Read moreBroker tips; NatWest, Lloyds, Rio Tinto
8th Jun 2023 14:56
(Sharecast News) - JP Morgan sees better risk reward in NatWest Group relative to Lloyds Banking Group, it said in a note published on Thursday on UK banks.
Read moreJP Morgan backs NatWest over Lloyds
8th Jun 2023 13:09
(Sharecast News) - JP Morgan sees better risk reward in NatWest Group relative to Lloyds Banking Group, in a note published on Thursday on UK banks.
Read moreSunday newspaper round-up: Debt deal, Rolls-Royce, supermarkets
28th May 2023 21:50
(Sharecast News) - The legislation needed to implement the debt deal agreed between president Joe Biden and House speaker Kevin McCarthy is being urgently worked on so that it can be put to a vote in Congress. Lawmakers were expected to be given the details of the agreement on Sunday with McCarthy aiming for it to be brought to the floor of the House on Wednesday. Biden was nevertheless confident that the deal would pass in Congress. - Guardian
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