Citi stays at 'buy' Lloyds and NatWest Group, but 'neutral' towards most lenders
8th Feb 2021 11:52
(Sharecast News) - Analysts at Citi reiterated their 'buy' stance for shares of NatWest Group and Lloyds, but stayed at 'neutral' for most of the UK's domestic and international banks.
Read moreNatWest switches to Mastercard debit cards from Visa
4th Feb 2021 08:37
(Sharecast News) - NatWest has switched to issuing Mastercard debit cards from Visa, in an agreement that includes 16m consumer and business customer cards.
Read moreSunday newspaper round-up: AstraZeneca, Boxing Day, Britain's economy
27th Dec 2020 12:39
(Sharecast News) - The chief executive of AstraZeneca has raised hopes its vaccine with Oxford is more effective than first thought amid the rapid spread of the new UK virus strain across the globe. Pascal Soriot said he believed researchers had found the "winning formula" using two doses and promised to publish the results as reports suggested the UK regulator could approve the jab within days. - Sunday Telegraph
Read moreNatWest buys £3.1bn prime mortgage portfolio from Metro Bank
21st Dec 2020 07:31
(Sharecast News) - NatWest has entered into an agreement with Metro Bank to acquire a £3bn portfolio of prime UK mortgages, it announced on Monday.
Read moreS&P says UK sovereign debt rating might come under pressure in 'no deal' Brexit
14th Dec 2020 14:15
(Sharecast News) - One of the world's top three credit rating agencies said a 'no deal' Brexit could see its rating for the UK's sovereign debt come under pressure should it complicate the outlook for the economy and fiscal consolidation.
Read moreFriday broker round-up
11th Dec 2020 13:25
(Sharecast News) - Natwest Group: JP Morgan downgrades to neutral.
Read moreBoE doing extensive work on possible impact of adopting negative interest rates
11th Dec 2020 12:43
(Sharecast News) - Extensive work was being carried out at the Bank of England on the possible implications and practicalities around adopting negative interest rates.
Read morePound falls as Brussels warns talks likely to fail
11th Dec 2020 10:22
(Sharecast News) - The pound fell against the euro and the dollar after Ursula von der Leyen warned trade talks with the UK were likely to fail.
Read moreFTSE 250 could drop up to 10% in no-deal Brexit, says Morgan Stanley
11th Dec 2020 09:22
(Sharecast News) - As Prime Minister Boris Johnson warned there was a "strong possibility" of a no-deal Brexit, analysts at Morgan Stanley considered the near-term implications of such an outcome, suggesting up to 10% downside for the domestically-focused FTSE 250 and a decline of as much as 20% for UK domestic bank stocks.
Read moreJP Morgan cuts NatWest to 'neutral' after BoE dividend move
11th Dec 2020 08:30
(Sharecast News) - JP Morgan downgraded NatWest to 'neutral' after the Bank of England's partial relaxation of restrictions on shareholder payouts by UK banks.
Read moreBofA doesn't expect BoE to ease even if Brexit news is negative
10th Dec 2020 14:41
(Sharecast News) - Britain and the European Union will most likely agree a Brexit deal, but should they fail, then the Bank of England would restart its asset purchases and cut interest rates, by 50 basis points eventually, economists at Bank of America said.
Read moreSunday newspaper round-up: Brexit, North Sea, Netflix
6th Dec 2020 17:29
(Sharecast News) - Boris Johnson told the EU Britain must have "freedom" to make its own rules last night as cabinet ministers said he should pursue a no-deal Brexit unless Brussels backs down. The prime minister and Ursula von der Leyen, the president of the European Commission, last night agreed to a "final throw of the dice" this week to salvage a deal. But a senior No 10 figure warned the chances of getting an agreement were now "no better than 50-50" after more than four years and five months of talks. - Sunday Times
Read moreSector movers: Oil&Gas stocks and Banks pace gains
2nd Dec 2020 18:12
(Sharecast News) - Commodity and financial stocks were again at the top of the leaderboard in the middle of the week, helped by ongoing optimism around the macroeconomic outlook for 2021.
Read moreDeutsche ups targets for Barclays and other UK banks
2nd Dec 2020 11:08
(Sharecast News) - Deutsche Bank increased its share price targets for the UK's banks and named Barclays, Standard Chartered and Virgin Money as its top picks with a wave of bad loans looming.
Read moreSector movers: Lenders start December on front foot, Citi and Goldman upbeat
1st Dec 2020 16:42
(Sharecast News) - Financials paced gains in the first trading session of December with lenders' shares faring best as analysts weighed in with further positive views on the outlook for the sector.
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