UK 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.

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FCA 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.

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JPMorgan 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.

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Broker 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.

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Broker 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.

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Citi 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.

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Broker 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.

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JP 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.

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Sunday 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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Lloyds Q1 46% profit jump beats expectations

3rd May 2023 07:03

(Sharecast News) - Lloyds Bank became the latest UK lender to beat quarterly profits forecasts as earnings surged on the back of higher interest rates, although deposits fell sharply.

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Wednesday preview: US Fed decision, Lloyds in focus

2nd May 2023 13:35

(Sharecast News) - All eyes on Thursday would be on the US central bank as it announced its latest policy decision.

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BoE hikes by 25bp, says inflation likely to fall sharply over rest of 2023

23rd Mar 2023 10:14

(Sharecast News) - The Bank of England went ahead and raised rates as expected, saying that global growth was expected to be stronger than anticipated in the February Monetary Policy Report.

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Citi reiterates 'buy' rating on four UK bank stocks

10th Mar 2023 13:38

(Sharecast News) - Citi reiterated its 'buy' rating on Lloyds, NatWest, Barclays and Virgin Money on Friday.

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LLoyds Bank posts flat profit on higher impairment charge

22nd Feb 2023 07:02

(Sharecast News) - Lloyds Bank reported flat annual profits with higher net income and lower costs were offset by impairment charges due to the worsening economic outlook.

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Wednesday preview: Fed meeting minutes, Lloyds in the spotlight

21st Feb 2023 14:32

(Sharecast News) - Investors' attention on Wednesday would be on the minutes of the US central bank's 31 January-1 February policy meeting.

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