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Financial
Why Is Natwest Pulling Out of The Irish Market?
February 20, 2021 02:02 AM AEDT | By Kunal SawhneySummary UK-based bank Natwest announced a loss of £351 million for 2020 after setting aside a bad debt provision of £3.2 billion. The...
What significant factors led Plus500 to achieve record performance d...
February 18, 2021 02:03 AM AEDT | By Hina ChowdharySummary Plus500 Ltd had delivered total revenue growth of around 146% YoY during FY20. PLUS had achieved an EBITDA margin of 59% during FY20. The...
What significant factors led JTC to acquire INDOS for around £12.5 m...
February 17, 2021 01:11 AM AEDT | By Hina ChowdharySummary JTC Plc had shown an increase of 15.2% in its revenue during H1 FY20. JTC would acquire INDOS for around £12.5 JTC had a cash conve...
What’s Brewing Up At 3i Group Plc Counter?
February 15, 2021 09:40 PM AEDT | By Hina ChowdharySummary 3i Group Insiders have been quite active in the market and have bought nearly £60 million of shares in last twelve months. Simon Bor...
How Arrow Global’s new sustainability head will drive its ESG practi...
February 13, 2021 09:13 PM AEDT | By Kunal SawhneySummary Arrow Global announced the appointment of new group head of sustainability, Paul Woods. The news comes just ...
Is Phoenix Group Holdings striking a deal with Standard Life Aberdee...
February 12, 2021 09:53 PM AEDT | By Team Kalkine Media Scotland-based global investment company Standard Life Aberdeen PLC (LON: SLA) is in talks to sell its ...
Why HSBC's Decision to Freeze Accounts of Hong Kong Activist Is in M...
February 09, 2021 06:18 PM AEDT | By Team Kalkine MediaSummary Around 50 parliamentarians from all over the world have urged the bank to repeal the decision of freezing accounts. The political leaders...
Warehouse REIT and Distribution Finance announce fundraising plans
February 06, 2021 01:46 AM AEDT | By Kunal SawhneySummary Warehouse REIT and Distribution Finance have separately announced fundraising plans. The companies are expected to raise up to £...
Metro Bank increasing its foothold in B2B lending space
February 04, 2021 01:18 AM AEDT | By Hina ChowdharySummary Metro Bank has been successful in acquiring a portfolio of loans at par value on 2 February. The shares of the bank rose in Tuesday’...
What factors caused Paragon Banking Group to report a decline in len...
February 03, 2021 02:05 AM AEDT | By Kunal SawhneySummary Paragon Banking Group Plc had reported a marginal reduction of 1% in its revenue during FY20 ended on 30 September 2020. The specialist bu...
London Stock Exchange (LON: LSEG) Completes Refintiv Deal
January 30, 2021 12:30 AM AEDT | By Hina ChowdharySummary The London Stock Exchange has successfully completed its $27-billion deal with Refinitiv, as it aspires to transform into a major financial...
FCA asks biggest retail banks not to close branches
January 29, 2021 08:03 PM AEDT | By Team Kalkine MediaSummary The Financial Conduct Authority has asked the banks to rethink over their decision of branch closures. HSBC announced it wo...
What significant factors led the IG Group Holdings to announce the a...
January 23, 2021 12:07 AM AEDT | By Team Kalkine MediaSummary IG Group Holdings Plc had reported a record increase of 67% year-on-year in its net trading revenue during H1 FY21 ended on 30 November 202...
HSBC (LON: HSBA) to Shut Its Main Branches in Scotland
January 20, 2021 11:20 PM AEDT | By Hina ChowdharySummary Footsie-listed banking giant HSBC Holdings Plc may close two of its main branches in Scotland. The deserted high streets in the wake of l...
Planning to Visit HSBC? Do Wear A Face Mask or Else Your Account Can...
January 14, 2021 05:51 PM AEDT | By Team Kalkine MediaSummary Customers are supposed to wear masks and observe safe distancing protocols while visiting bank branches. Flouting of rules could lead to a...
What led to Hipgnosis Songs Fund Ltd making acquisitions of several...
January 07, 2021 01:36 AM AEDT | By Team Kalkine MediaSummary Hipgnosis Songs Fund Ltd had reported a surge of approximately 93% in its net operating income during H1 FY21. The Company had acqui...
What made Countrywide accept a £134 million cash offer from Connells...
January 06, 2021 01:52 AM AEDT | By Hina ChowdharySummary Countrywide Plc had reported a contraction in revenue of 28.0% during H1 FY20. The loss of the Company from continued operations was &poun...
How will MJ Hudson Group perform post-acquisition initiatives been t...
December 31, 2020 05:17 PM AEDT | By Kunal SawhneySummary MJ Hudson Group Plc had reported a 22% surge in its underlying revenue during FY20. The Company had made a total of three acquisitions dur...
What led to British Land Company selling its portfolio of £401 mill...
December 30, 2020 02:00 AM AEDT | By Kunal SawhneySummary British Land Company Plc had reported a decline of 21.4% in its net rental income during H1 FY21. The valuation of its entire portfolio of...
5 Top Bank Stocks to Watch in 2021
December 28, 2020 11:58 AM AEDT | By Kunal SawhneyThe economy is made up of transactions, which often emerge or pass through a financial intermediary such as banks. A bank in many ways is a more compl...
AI on the Rise: A Look at Top AI Companies and Their Stocks
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