BoE says UK banks no longer too big to fail

10th Jun 2022 07:46

(Sharecast News) - Britain's major banks are no longer too big to fail and could still provide vital services in a crisis without a taxpayer bailout, the Bank of England said, although it said three lenders had fallen short of meeting requirements.

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Bank of England chief economist sees further rate hikes ahead

20th May 2022 10:41

(Sharecast News) - The price of money is headed higher still and the risks are that even further rate rises might be needed, the Bank of England's chief economist said.

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NatWest mulling business lending tech venture with Belgium's Aion

17th May 2022 15:23

(Sharecast News) - NatWest Group could soon launch an online-based lender for small businesses, it emerged on Tuesday, in a bid to attract small-to-medium enterprises that might usually be seen as uneconomic by the big banks.

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Top BoE official says rates may need to be raised by more than expected

12th May 2022 10:57

(Sharecast News) - The Bank of England may need to hike official interest rates by more than what financial markets are currently pricing in, one of the central bank's top officials said.

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NatWest Q1 profits rise on higher interest rates, income

29th Apr 2022 07:35

(Sharecast News) - NatWest Bank on Friday reported soaring first quarter profit driven by a rise in interest rates and income.

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Friday preview: US and euro area inflation, NatWest Group in the spotlight

28th Apr 2022 10:40

(Sharecast News) - Investors' attention at the end of the week will be on a raft of inflation readings on either side of the Atlantic.

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Time is not on the BoE's side, Berenberg says

7th Apr 2022 13:29

(Sharecast News) - Bank has its work cut out for it in trying to bring inflation to heel while not tipping the economy into recession, argue economists at Berenberg.

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BoA raises 2022-23 UK CPI forecasts, expects four hikes in Bank Rate

6th Apr 2022 14:23

(Sharecast News) - Economists at Bank of America raised their short-term inflation forecasts for the UK, predicting that Bank would hike short-term interest rates four more times as it tried to navigate both the risk of a recession and of too-high inflation.

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NatWest considering bid for Tilney Smith & Williamson - report

4th Apr 2022 11:16

(Sharecast News) - NatWest is reportedly considering a £3bn takeover bid for wealth manager Tilney Smith & Williamson.

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JP Morgan cuts rating on Barclays

29th Mar 2022 11:34

(Sharecast News) - The positive investment case for British banks is starting to weaken, JP Morgan said on Tuesday, as it reiterated Lloyds Banking Group as its top pick but cut its rating on Barclays.

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NatWest buys back 4.9% UK govt stake for £1.2bn

28th Mar 2022 07:03

(Sharecast News) - NatWest Group said it was buying back a 4.91% stake in the bank from the UK government for £1.2bn, taking the British taxpayers' holding to below 50% for the first time since the financial crash of 2008.

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BoE may delay bank capital move because of Ukraine war

24th Mar 2022 11:14

(Sharecast News) - The Bank of England is considering delaying plans to tighten banks' capital requirements because of concerns created by Russia's invasion of Ukraine.

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Berenberg reiterates 'buy' rating on NatWest

21st Feb 2022 10:59

(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating and 300.0p target price on major retail and commercial bank NatWest on Monday as it said the group's earnings outlook was "bright".

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NatWest swings to big profit, announces £750m share buyback

18th Feb 2022 07:04

(Sharecast News) - NatWest Bank swung to a full year profit as it released more than £1.2bn in cash set aside for loan defaults during the Covid pandemic and said it expected to achieve a return on tangible equity "comfortably" above 10% in 2023.

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Friday preview: UK retail sales, NatWest Group in focus

17th Feb 2022 13:01

(Sharecast News) - The market spotlight at the end of the week will be UK retail sales figures for the month of January.

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