ECB ready to increase emergency bond buying programme, use all tools

30th Apr 2020 14:09

(Sharecast News) - The European Central Bank kept the door open to ramping up its emergency bond purchase programme, all its policy tools in fact.

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RBS behind half of £2.8bn emergency SME loans

29th Apr 2020 15:05

(Sharecast News) - Royal Bank of Scotland indicated it was responsible for about half the money lent to small businesses under the government's highly criticised Covid-19 emergency loan scheme.

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BoE urges banks to go easy on bad debts - report

27th Apr 2020 09:04

(Sharecast News) - The Bank of England has warned UK lenders to exercise restraint in booking charges for expected bad debts to preserve their capital positions.

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Sunday newspaper round-up: Lockdown, Vaccines, Social distancing

26th Apr 2020 23:44

(Sharecast News) - Boris Johnson is expected to announce plans for easing the lockdown as early as this week after he returned to Downing Street on Sunday night to take full-time control of the coronavirus crisis. The Prime Minister will on Monday morning chair his first meeting of the Covid-19 "war cabinet" since he was taken to hospital more than three weeks ago, and is ready to resume his role hosting televised Number 10 press conferences. - Sunday Telegraph

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BoE tells banks to use buffers to support economy

20th Apr 2020 14:26

(Sharecast News) - The Bank of England has told banks to use their liquidity and capital buffers to back customers during the Covid-19 crisis after requiring lenders to cancel dividends to bolster their finances.

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Thursday broker round-up

16th Apr 2020 13:19

(Sharecast News) - C&C Group: Berenberg upgrades to hold with a target price of 182p.

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JP Morgan boss anticipates financial stress akin to 2008 crisis

6th Apr 2020 13:14

(Sharecast News) - The head of America's largest lender by market value is digging in for a severe downturn.

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FCA to freeze consumer loan payments in emergency measures

2nd Apr 2020 07:44

(Sharecast News) - The Financial Conduct Authority has asked lenders to introduce loan payment freezes and interest-free overdrafts to support consumers whose finances have been hit by the Covid-19 crisis.

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UK banks suspend dividend payments amid Covid-19 outbreak

31st Mar 2020 21:07

(Sharecast News) - Britain's biggest banks have suspended dividend payments as they look to weather the coronavirus outbreak.

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FTSE 100 movers: Air travel stocks, insurers pace gains

25th Mar 2020 16:50

(Sharecast News) - Shares in air travel-related and insurance companies paced gains on the top-flight index as it extended the previous day's bear market rally amid bargain hunting.

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UK banks 'well able' to withstand Covid-19 crisis - FPC

24th Mar 2020 12:02

(Sharecast News) - UK banks are well positioned to withstand the severe disruption brought about by the coronavirus pandemic, the Bank of England's Financial Policy Committee said on Tuesday, as it pledged to take further action to underpin financial stability if needed.

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New BoE Governor pledges 'prompt' action to tackle economic impact of coronavirus

16th Mar 2020 12:54

(Sharecast News) - Andrew Bailey, the Bank of England Governor, has pledged to take "prompt action again" to tackle the economic fallout of the coronavirus outbreak, after the US Federal Reserve announced a series of sweeping measures overnight.

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Friday broker round-up

13th Mar 2020 13:17

(Sharecast News) - Balfour Beatty: UBS upgrades to buy with a target price of 350p.

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Treasury to push back sale of RBS stake - report

10th Mar 2020 12:20

(Sharecast News) - The government is reportedly set to announce this week that it will push back the target date for the sale of its stake in Royal Bank of Scotland amid volatility in stock markets.

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RBC lowers target price on Royal Bank of Scotland

17th Feb 2020 15:01

(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on the Royal Bank of Scotland Group from 230.0p to 200.0p on Monday following the bank's 2019 full-year results.

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