BoE removes restrictions on bank dividends
13th Jul 2021 07:26
(Sharecast News) - The Bank of England has removed restrictions on bank dividend payouts introduced in the wake of the Covid-19 pandemic as the sector remains "well-capitalised" and "resilient".
Read moreFed avoids providing timeline for start of 'tapering', FOMC minutes show
8th Jul 2021 01:07
(Sharecast News) - US central bankers began a discussion on when to start restricting their extraordinary policy support when they last met, the minutes of their gathering revealed.
Read moreTech giants threaten to leave Hong Kong over privacy law
6th Jul 2021 09:39
(Sharecast News) - Tech giants including Google, Facebook and Twitter have warned through an Asian industry group on Tuesday that they could cut their services in Hong Kong if Beijing goes ahead with its plans to impose new privacy laws.
Read moreJPMorgan upgrades HSBC to 'neutral', raises target price on Standard Chartered
18th Jun 2021 10:50
(Sharecast News) - Analysts at JPMorgan upgraded banking giant HSBC from underweight to 'neutral' on Friday despite it having "notably underperformed" the European Banks sector over the past year.
Read moreAbuja taps StanChart for rail project financing, instead of China Eximbank
10th Jun 2021 11:16
(Sharecast News) - Abuja may tap StanChart instead of Chinese lenders for the financing needed to modernise two of the country's main railways.
Read moreCredit Suisse says markets 'consolidating' not 'correcting', unless ...
14th May 2021 12:46
(Sharecast News) - Stockmarkets are now set to consolidate, given that inflation is now "a bit more" of an issue, but they are not headed for a 'correction', says Andrew Garthwaite at Credit Suisse.
Read moreBerenberg raises target price on 'undervalued' Standard Chartered
30th Apr 2021 13:23
(Sharecast News) - Berenberg raised its target price on financial services company Standard Chartered from 550.0p to 630.0p on Friday, stating the firm was now "catching up" with the rest of the pack.
Read moreFriday broker round-up
30th Apr 2021 12:49
(Sharecast News) - 888 Holdings: Berenberg reiterates buy with a target price of 460p.
Read moreLondon open: FTSE tops 7,000 led by StanChart and Unilever
29th Apr 2021 07:52
(Sharecast News) - London shares are moving higher again after the US central bank signaled overnight that it was simply not yet time to be talking about tapering bond purchases and much less about interest rate hikes.
Read moreStandard Chartered profit rises as bad-debt charge falls
29th Apr 2021 07:46
(Sharecast News) - Standard Chartered posted an 18% profit increase for the first quarter as lower provisions for bad debts offset falling income.
Read moreWorld wants 'justice, not hegemony' - Xi Jinping
20th Apr 2021 13:51
(Sharecast News) - China's president Xi Jinping has called for a shake up global governance, including challenging the existing hegemony of big countries.
Read moreShoreCap continues to see 'positive momentum' in UK banks' shares
19th Apr 2021 10:43
(Sharecast News) - ShoreCap analysts continued to see "positive momentum" in UK banks' shares on the back of successful Covid-19 vaccine rollouts.
Read moreCredit Suisse reiterates 'positive' stance on UK Banks
12th Apr 2021 12:26
(Sharecast News) - Analysts at Credit Suisse reiterated their "positive" stance on UK banks ahead of the start of the earnings season for the sector.
Read moreFed's Kaplan among those expecting first interest rate hike in 2022
23rd Mar 2021 12:21
(Sharecast News) - The US central bank should start hiking interest rates in 2021, a top Federal Reserve official reiterated on Tuesday.
Read moreHSBC upgrades Standard Chartered, cites optimism on revenue growth
17th Mar 2021 12:13
(Sharecast News) - HSBC upgraded shares of Standard Chartered on Wednesday to 'buy' from 'hold' and lifted the price target to 550p from 430p as it said it was increasingly optimistic on future revenue growth.
Read more