Week ahead: Brexit and RBS in focus
20th Oct 2019 20:27
(Sharecast News) - The spotlight over the coming week is expected to continue to be firmly on Brexit, with the government expected to pursue a another meaningful vote on Monday.
Read moreFriday broker round-up
18th Oct 2019 12:53
(Sharecast News) - Royal Bank of Scotland: JP Morgan upgrades to overweight with a target price of 280p.
Read moreLondon close: FTSE 250 closes at year-to-date high on Brexit deal speculation
15th Oct 2019 17:10
(Sharecast News) - London stocks finished on a mixed note on Tuesday as data showed the UK jobs market cooled in August and sterling leaped higher on Brexit deal hopes.
Read moreMonday broker round-up
14th Oct 2019 13:29
(Sharecast News) - Hochschild Mining: Berenberg upgrades to hold with a target price of 180p.
Read moreTuesday broker round-up
1st Oct 2019 14:06
(Sharecast News) - Carnival: Barclays downgrades to equal weight with a target price of 3,800p.
Read moreRBS appoints Alison Rose as CEO
20th Sep 2019 07:38
(Sharecast News) - Royal Bank of Scotland has appointed Alison Rose as its new chief executive officer.
Read moreDeutsche Bank downgrades Lloyds and RBS
6th Sep 2019 14:33
(Sharecast News) - Deutsche Bank downgraded its stance on shares of RBS and Lloyds Banking Group on Friday as it took a look at UK banks.
Read moreWednesday broker round-up
4th Sep 2019 13:08
(Sharecast News) - Barratt Developments: Peel Hunt downgraded to hold with a target price of 650p.
Read moreBerenberg lowers target price for RBS
4th Sep 2019 09:24
(Sharecast News) - Analysts at Berenberg lowered their target price on retail bank The Royal Bank of Scotland from 340.0p to 280.0p on Wednesday after management conceded that the lender was now unlikely to achieve a 12.0% return on tangible equity by 2020.
Read moreRBS to make ?600m - ?900m extra provision for PPI after claims spike
4th Sep 2019 07:04
(Sharecast News) - Royal Bank of Scotland said a last minute higher-than-expected spike in claims for payment protection insurance claims would result in an extra charge of £600m to £900m in the third quarter.
Read moreRBS, Santander ordered to fix PPI processes by watchdog
23rd Aug 2019 08:21
(Sharecast News) - The UK competition watchdog on Friday ordered Royal Bank of Scotland and Santander to appoint auditors to assess their procedures for handling payment protection insurance (PPI) miss-selling claims.
Read moreUBS says RBS 'optionality' undervalued, reiterates 'buy'
15th Aug 2019 13:22
(Sharecast News) - UBS reiterated their 'buy' recommendation for shares of majority state-owned lender RBS in the wake-off of weakness in the share price following its second quarter results, arguing that while not wholly unexpected, the stock was now "oversold" - if one made an assumption or two.
Read moreRBS says Saudi bank merger will aid focus on 'key' markets
17th Jun 2019 07:30
(Sharecast News) - Royal Bank of Scotland said on Monday that the completion of the merger between Saudi British Bank and Alawwal bank would result in shedding £4.7bn of risk weighted assets and boost its core capital.
Read moreCity watchdog slams disgraced RBS unit, defends decision to take no action
13th Jun 2019 10:57
(Sharecast News) - There was clear evidence a controversial Royal Bank of Scotland unit mistreated customers, the Financial Conduct Authority said on Tuesday - but reiterated it was unable to sanction the bank.
Read moreMorgan Stanley cuts target for Lloyds, sees RBS postponing share buybacks
5th Jun 2019 10:33
(Sharecast News) - Morgan Stanley slashed its target prices for several of the UK's largest lenders, as political uncertainty pushed out expectations for hikes in Bank Rate to the back half of 2020, which together with a flattening yield curve meant that consensus estimates for their net interest income were "too optimistic".
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