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Banks
China to remain key to global economy says VSA’s Andrew Monk, despite
What does the future hold in the eyes of Andrew Monk, the onetime progenitor of Blue Oar Securities, Oriel Securities, and the current driving force behind ?
There’s certainly a Chinese flavour to it, that much is clear enough,…
Bank bosses predict long-term working from home trend
“The notion of putting 7,000 people in a building may be a thing of the past,” says Jes Staley
Alongside the bank’s hefty loan write-downs due to coronavirus in the first quarter, () boss Jes Staley also casually tossed a grenade over…
Tally Limited sees surge in demand for its updated digital bank app
Digital bank Tally Ltd said it had to suspend a new subscriber drive in February because the take-up was so great.
Tally offers an online bank account backed by physical gold and following the launch of its Version 2.0 in January was…
Lloyds Banking Group PLC forecasts cut by Jefferies ahead of interim
“The company has a competitive moat around costs,” the analysts said, but “no moat around revenue”
PLC () does not have the best mix of business among its peers for the current coronavirus-affected market backdrop, analysts at…
Royal Bank of Scotland Group PLC’s profits almost halved by charges for
Group PLC's () profits almost halved in the first quarter of the year as it prepared for the economic effects of the coronavirus (COVID-19) pandemic.
The taxpayer-owned bank took impairment losses of £802mln, including a £628mln…
Nationwide Building Society sets aside £101mln for coronavirus-related
said it has upped its bad debt provision by £101mln due to the potential impact of the coronavirus outbreak.
The additional provision reflects an increase in expected credit losses resulting from payment holidays and the economic…
Lloyds Banking Group PLC operations chief delays retirement to help with
Chief operating officer Juan Colombás is a long-time colleague of boss Antonio Horta-Osório
PLC’s () operations director Juan Colombás has agreed to delay his retirement to help the lender through the coronavirus crisis.
The…
HSBC PLC’s exposure to Asia matters more in perception than reality,
The FTSE 100 lender's footprint in faster-growing markets such as Asia distinguishes it from many peers, the analysts said
Holdings () had its ‘sell’ sign removed by Berenberg on Thursday, as risks from coronavirus loan losses are…
Lloyds Banking Group PLC is top pick as has best prospects post-Covid19
Barclays analysts left their share price target unchanged for Lloyds, cut their targets on HSBC and Standard Chartered, and lifted the target for RBS
PLC () is the preferred UK bank share for analysts at Barclays Capital after the…
HSBC Holdings PLC ‘faces rising risks as Hong Kong becomes proxy
Analysts at Jefferies have switched preference to Standard Chartered, giving it a double-upgrade
Holdings PLC’s () Hong Kong risks have been “over-discounted” by the market, said analysts at Jefferies, downgrading their rating on the…