Financial
Quick Insights on Two LSE Stocks into Lending Business: OneSavings Bank PLC & Provident Financial PLC
August 28, 2020 02:11 PM BST| By Hina ChowdharySummary OneSavings Bank's net loan book increased by 2 percent year on year and it reported a profit after tax of £119.2 million in H1 FY2020. The Bank provided a mortgage payment holiday to approximately 26,000 mortgage accounts. Provid.....
Performance Review of Two FTSE Listed Insurance Stocks: Admiral Group & Direct Line Insurance Group
August 24, 2020 02:20 PM BST| By Team Kalkine MediaSummary Admiral Group provided motor insurance rebate of close to £110 million to existing motor insurance customers in H1 FY2020. Admiral Group's turnover increased by 2 percent year on year, excluding the impact of the premium rebate in.....
Is it Still Relevant to own Banking Sector Stocks like Lloyds & NatWest Group?
August 20, 2020 02:00 PM BST| By Hina ChowdharySummary The financial sector has been under pressure with most of the economic activities getting halted due to the unprecedented crisis FTSE 100 listed UK lenders are in a much stronger position than they were during the financial crisis of 20.....
Two FTSE-100 Listed Financial Stocks Trending on LSE: Standard Life Aberdeen & RSA Insurance Group
August 17, 2020 02:35 PM BST| By Team Kalkine MediaStandard Life Aberdeen PLC (LON: SLA) & RSA Insurance Group PLC (LON: RSA) are two FTSE 100 listed financial stocks. SLA and RSA have a market cap of close to £5.98 billion and £4.64 billion, respectively. Both SLA and RSA were up b.....
Performance Review of Two Banking Stocks: HSBC Holdings PLC & Barclays PLC
August 17, 2020 02:20 PM BST| By Kunal SawhneySummary HSBC Holding's Global banking and Markets revenue grew in H1 FY2020 by 8 percent year on year. HSBC Holding could incur economic credit losses in the range of USD 8 billion to USD 13 billion for FY2020. Barclays provided financial supp.....
Are UK Banks Seeking New Avenues to Overcome the Business Falloff?
August 15, 2020 01:10 AM BST| By Kunal SawhneySummary Barclays bank in vying to buy General Motors’ credit card division as it looks to increase its market share in consumer banking Metro Bank recently ventured into peer to peer lending by acquiring ‘RateSetter’ Fintech .....
Performance Review of Two LSE Listed Stocks - Capital & Counties Properties and Hostelworld Group
August 12, 2020 02:22 PM BST| By Kunal SawhneySummary Capital & Counties Properties stated that the majority of its customers in hospitality and retail business have reopened. Capital & Counties Properties acquired 26.3 percent holding in Shaftesbury PLC. Capital & Counties Pr.....
Performance Review of Two Dividend Yielding FTSE Stocks - Prudential & Phoenix Group Holdings
August 10, 2020 05:12 AM BST| By Kunal SawhneyBoth PRU & PHNX were up by close to 1.19 percent and 0.67 percent, respectively from the last closing price. Based on 1- year performance PRU was down by close to 4.38 percent, whereas PHNX was up by close to 4.64 percent (as on 10 August 2020 .....
Two Investment Trusts Stocks Trending on LSE: JPMorgan Smaller Companies Investment Trust & Augmentum Fintech
August 07, 2020 05:10 AM BST| By Hina ChowdharyBased on 1-year performance, JMI and AUGM were up by about 11.26 percent and 1.35 percent, respectively. JMI was down by about 0.44 percent, whereas AUGM was up by about 0.88 percent from the previous closing price (as on 7 August 2020 before the m.....
Result Review of Two FTSE 100 Listed Financial Stocks - Standard Chartered & St. James's Place
August 06, 2020 05:50 AM BST| By Team Kalkine MediaBased on 1-year performance STAN was down by about 37.57 percent, whereas STJ was up by close to 5.39 percent (as on 6 August 2020 before the market close at 10:30 AM GMT+1). It should be noted that in March 2020, the Prudential Regulation Authorit.....
Metro Bank Gives Wings To Its Unsecured Lending Ambition By Acquiring Ratesetter, The Move Could Strengthen Bank’s Footing In The Market
August 04, 2020 11:03 PM BST| By Team Kalkine MediaSummary Ratesettler, the peer to peer lending platform, to continue to operate as a distinct label under the Metro Bank group Its loans will be funded by the Metro Bank’s balance sheet, going forward By entering an emerging space, the mo.....
2 AIM Listed Nonlife Insurance Players: Personal Group Holdings PLC & Helios Underwriting PLC
August 04, 2020 02:30 PM BST| By Hina ChowdharySummary As per the UK's Finance Ministry data, the Banks have lent close to £50.0 billion to the businesses under the Covid-19 support scheme and £33.8 billion to support the furloughed The UK government's job retention scheme has s.....
Financial Highlights of selected Banking Stocks of the United Kingdom
July 30, 2020 02:00 PM BST| By Kunal SawhneySummary Banco Santander reported a 2 per cent rise in net operating income in H1 2020, due to a fall in operating expenses Barclay's delivered a profit before tax of £1,272 million (H119: £3,014 million) Lloyd's recorded a net inco.....
Performance Review of one FTSE-100 Listed Financial Stock: Legal & General Group PLC
July 29, 2020 02:35 PM BST| By Kunal SawhneySummary As per the industry experts, the public financial institution plans to buy government bonds. The institutions include central banks, pension funds and sovereign wealth funds. The Bank of England reported that the UK lenders approved 40,.....
How are these 2 Financial Stocks Performing During the Challenging Times: HSBC Holdings & London Stock Exchange Group?
July 27, 2020 02:10 PM BST| By Kunal SawhneySummary As per the Bank of England's reported data, in June 2020, the total gross capital issuance by UK residents was £71.6 billion. The issuance increased by £25.7 billion from £45.9 billion in May 2020. In June 2020, the P.....
Two Trending Stocks on FTSE AIM Index - Cambria Africa PLC & Orosur Mining Inc
July 23, 2020 02:20 PM BST| By Kunal SawhneySummary As per the Confederation of British Industry's data, the month order book for factory orders increased to -46 in July. The order book was -58 in June. Cambria Africa's NAV declined to USD 1.32 cents in H1 FY20 from USD 1.35 cents in H1 .....
Trading Updates of 3 LSE-Listed Financial Services Companies: AMO, GWI and MJH
July 20, 2020 02:10 PM BST| By Team Kalkine MediaSummary The net loan book of Amigo Holdings decreased by 9.1 per cent to £643.1 million, compared to the previous year Globalworth Estate undertook healthy leasing activity in H1-2020, with 115.5k square metres of commercial space taken-.....
Two Financial Stocks Offering Decent Dividend Yield: Phoenix Group Holdings & Chesnara
July 08, 2020 02:25 PM BST| By Hina ChowdharySummary The British finance minister, Rishi Sunak set to announce a £2.0 billion package for job creation for people aged under 25 years. As per the industry experts, the UK labour market is expected to be weighed down by job crisis. Pho.....
Overview of Products & Propositions of 2 Financial Stocks: OneSavings Bank & Real Estate Credit Investments
July 02, 2020 02:27 PM BST| By Hina ChowdharyThe European stock market remained buoyed with strong investor sentiments. FTSE-100 was trading at 6,232.81 up by 1.24 percent (as on 2 July 2020, before the market close at 3.37 PM GMT+1). Meanwhile, the following factors can affect the mar...
Two Financial Stocks Trending on LSE - Tritax Big Box REIT PLC & NewRiver REIT PLC
June 30, 2020 02:10 PM BST| By Team Kalkine MediaAs the British Prime minister sets out to announce the plan for GBP 5 billion infrastructure projects, the FTSE-100 index was trading down by 0.54% at 6,192.20 (as on 30th June 2020 before the market close at 12.01 PM GMT+1). The other impo...