UK 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 moreNatWest H1 profits beat expectations as Rose row rumbles on
28th Jul 2023 07:05
(Sharecast News) - UK bank NatWest on Friday reported better-than-expected interim profits only days after it was rocked by the resignation of chief executive Alison Rose over leaking of details of hard-right former political party leader Nigel Farage.
Read moreFriday preview: US inflation data, NatWest in focus
27th Jul 2023 12:53
(Sharecast News) - Investors' focus at the end of the week was expected to shift back to the U.S., where a raft of fresh economic data, including for inflation were anticipated.
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 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 moreIreland, NatWest sell 10% stake in Permanent TSB
2nd Jun 2023 07:30
(Sharecast News) - The Irish government and UK bank NatWest have jointly sold a 10% stake in Permanent TSB for a combined €110m.
Read moreUK govt cuts stake in NatWest via £1.26bn buyback
22nd May 2023 07:02
(Sharecast News) - The UK government has cut its stake in NatWest Group to 38.6% via £1.26bn off-market buyback deal.
Read moreNatWest holds guidance as Q1 profits surge on higher interest rates
28th Apr 2023 07:03
(Sharecast News) - Shares in NatWest fell in early London trade despite the UK bank reporting better-than-expected first-quarter profit driven by higher interest rates, although there was a sharp drop in deposits as customers chased better rates as incomes were squeezed by rising inflation.
Read moreFriday preview: US inflation data, NatWest Group in focus
27th Apr 2023 10:28
(Sharecast News) - All eyes at the end of the week would be on the evolving inflation picture in the US which might put to rest any doubts regarding whether rate-setters would go ahead with another interest rate hike during the following week.
Read moreHoward Davies to step down as NatWest chair
25th Apr 2023 13:55
(Sharecast News) - NatWest chair Howard Davies is to step down next year, the City veteran told shareholders on Tuesday.
Read moreGovernment extends plans to sell down NatWest stake
3rd Apr 2023 07:04
(Sharecast News) - The UK government has extended plans to sell down its stake in NatWest Group.
Read moreBoE 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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