Credit Suisse initiates coverage of UK banks; HSBC named top pick
11th Feb 2020 13:40
(Sharecast News) - Credit Suisse has initiated full coverage of the UK banking sector, upgrading HSBC to 'outperform' in the process.
Read moreCiti downgrades RBS to 'neutral' following 'relief rally'
17th Dec 2019 13:17
(Sharecast News) - Analysts at Citi downgraded their recommendations for the shares of multiple UK lenders and sounded a downbeat note on Lloyds following the the Financial Policy Committee's latest round of stress tests.
Read moreStandard Chartered CEO, CFO pensions cut
8th Nov 2019 09:26
(Sharecast News) - Asia-focused lender Standard Chartered will cut the pension allowances of chief executive officer Bill Winters and chief financial officer Andy Halford following shareholder protests.
Read moreJP Morgan reiterates StanChart as 'top pick' in sector
30th Oct 2019 17:31
(Sharecast News) - Analysts at JP Morgan reiterated their preference for StanChart's shares in the banking sector, keeping it as their 'top pick' while reiterating their 'overweight' recommendation and 850.0p target price.
Read moreStandard Chartered Q3 profit jumps 16%
30th Oct 2019 08:04
(Sharecast News) - Standard Chartered posted a 16% jump in third-quarter pre-tax profit on Wednesday despite a challenging environment but cautioned over "growing headwinds".
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 moreThursday broker round-up
12th Sep 2019 10:29
(Sharecast News) - InterContinental Hotels: JPMorgan downgrades to underweight with a target price of 4,700p.
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 moreStanChart targets growing private banking assets to $100.0bn
14th Aug 2019 09:45
(Sharecast News) - Standard Chartered will ramp-up hiring at its private banking arm as part of a push to grow the unit by half over the next five years.
Read moreJP Morgan reiterates 'underweight' for HSBC on trade war concerns
14th May 2019 10:32
(Sharecast News) - JP Morgan analyst Raul Sinha reiterated his 'underweight' stance on shares of HSBC, telling clients that the lender's valuation had yet to reflect the risk to revenues from trade concerns.
Read moreTuesday broker round-up
30th Apr 2019 13:23
(Sharecast News) - Nexus: Numis downgrades to add with a target price of 165p.
Read moreStanChart posts better-than-expected Q1 profit, unveils share buyback
30th Apr 2019 07:13
(Sharecast News) - Asia-focused lender StanChart posted a 10% jump in adjusted pre-tax profits to reach $1.38bn, beating the $1.1bn anticipated by analysts at UBS and unveiled a $1.0bn share repurchase programme.
Read moreFTSE 100 movers: NMC reinvigorated, Hikma hamstrung
2nd Apr 2019 14:37
(Sharecast News) - London's FTSE 100 index was 1.13% higher at 7,400.29 in afternoon trade on Tuesday, as it followed Wall Street's push higher with Middle East focused healthcare chain and distribution business NMC Health leading the way.
Read moreMonday broker round-up
4th Mar 2019 13:35
(Sharecast News) - RSA Insurance Group: JP Morgan downgrades to neutral with a target price of 610p.
Read moreStandard Chartered sets aside $900m for UK, US fines
21st Feb 2019 08:55
(Sharecast News) - Standard Chartered said it was setting aside $900m (£688m) to cover fines resulting from regulatory investigations in the US and UK.
Read more