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Financial
Is Sainsbury’s Bank Going to Be the First Major Acquisition of Natwe...
November 14, 2020 06:07 PM AEDT | By Kunal SawhneySummary NatWest Group PLC is planning for a potential takeover of Sainsbury’s Bank The last major deal by the Group was the takeover of ABN...
FTSE 100’s Oldest Insurer RSA Receives A £7 Billion Takeover Bid
November 07, 2020 08:32 PM AEDT | By Kunal SawhneySummary The Company received a £7 billion takeover proposal from Intact and Tryg The operating landscape of insurers remain highly volatile...
Provident Financial Shares Jump 4% After Reporting Growth in Q3 Busi...
November 05, 2020 02:01 AM AEDT | By Kunal SawhneySummary The customer spends at Vanquis Bank, a subsidiary of Provident Financial, rose nearly by 31 per cent in the July-September quarter The sto...
Barclays And Natwest Group in Focus as Business Borrowing from Banks...
November 03, 2020 10:30 PM AEDT | By Team Kalkine MediaSummary Net borrowings by the businesses in the UK has gone up drastically amid the pandemic Banks are under pressure as they provided payment hol...
Second Lockdown: Mortgage Holidays Are Set To Be Extended For Next S...
November 03, 2020 03:56 AM AEDT | By Team Kalkine MediaSummary The Financial Conduct Authority (FCA) is expected to make an official announcement and propose updates on the same shortly The furthe...
Is It A Good Idea to Invest in Financial Stocks for Upcoming Year?
October 31, 2020 05:57 AM AEDT | By Team Kalkine MediaSummary Adding financial stocks in the portfolio is one of the popular investment strategies amongst investors. Investors with lesser risk appeti...
NatWest Post Profit for Q3 2020, CEO Warns of Challenging Times Ahea...
October 31, 2020 12:49 AM AEDT | By Kunal SawhneySummary NatWest reported a pre-tax profit of £355 million for Q3 2020 and a profit attributable to shareholders of £61 million The net...
Standard Chartered and HSBC witness a slump in profits
October 30, 2020 07:17 PM AEDT | By Team Kalkine MediaSummary Standard Chartered reported a 40 per cent fall in its underlying profits during the Q3 of 2020. HSBC reported a 46 per cent decline in its...
Two FTSE Listed Small Cap Stocks Trending on LSE: Augmentum Fintech...
October 28, 2020 03:54 AM AEDT | By Team Kalkine MediaSummary Augmentum Fintech Plc's NAV per share increased by 6.50 pence in FY20. Company has announced the fundraising of £28 million. Vast R...
HSBC Indicate Dividend Payment amid Regulators Consideration of Lett...
October 28, 2020 12:14 AM AEDT | By Kunal SawhneySummary Industry regulators might allow banks to recommence shareholder returns from next year provided their loss-absorbing capital buffer remains...
L&G exits personal investing business, sells it to Fidelity
October 27, 2020 03:15 AM AEDT | By Team Kalkine MediaSummary Legal & General Group has agreed the sale of its personal investing business arm to Fidelity International. The deal worth £6 bi...
Barclays Beats Profit Forecasts but Warn of Potential Cost Cuts Due...
October 26, 2020 11:41 PM AEDT | By Team Kalkine MediaSummary Barclays reported £1.1 billion in pre-tax profits during the third quarter of 2020 The impairment charges in the second half of 202...
Should UK Fintech Firms Eye Middle East Market After Paymentology En...
October 25, 2020 06:32 PM AEDT | By Kunal SawhneySummary UK-based fintech firm Paymentology has forayed into the Middle East by setting up its regional office in Dubai MENA region’s digital...
Latest Business Updates Unveiled by London Stock Exchange Group PLC
October 25, 2020 03:27 AM AEDT | By Kunal SawhneySummary London Stock Exchange Group Plc reported a revenue increase of 2% year on year in Q3 FY20. The proposed acquisition of Refinitiv is in goo...
1MDB Fraud Case: Goldman Sachs to pay $2.9 billion in settlement cha...
October 25, 2020 03:19 AM AEDT | By Kunal SawhneySummary Goldman Sachs's Malaysian subsidiary has to pay $2.9 billion in settlement charges for the 1MDB fraud case Hollywood movie “The Wolf...
Metro Bank's Q3 Lending Surpasses Its Reserve Requirements led by BB...
October 23, 2020 08:51 PM AEDT | By Team Kalkine MediaSummary Metro Bank in its Q3 results has reported that its lending has risen by 2 per cent for this quarter Metro Bank stated that the increase in...
Legal & General to Fund Oxford University Innovation Centre
October 22, 2020 03:12 AM AEDT | By Team Kalkine MediaSummary Legal & General will be funding the development of a new sciences building with the University of Oxford worth £200 million The...
UK Banks Looking to Increase Lending Rates on Credit Cards
October 17, 2020 05:58 PM AEDT | By Hina ChowdharySummary The latest survey by BoE has found that banks in the country had increased the cost of consumer loans in the third quarter of the year and...
FTSE bank shares to remain in focus amid BoE’s negative interest rat...
October 16, 2020 07:33 PM AEDT | By Team Kalkine MediaSummary The notion of negative interest rates in the UK has been under deliberations as the government and the Bank of England want to revive the a...
Legal & General’s Asset Management Arm Pledges to Be More Rigid Towa...
October 15, 2020 09:11 PM AEDT | By Team Kalkine MediaIn a bid to help accelerate global efforts to move to a low-carbon economy, LGIM, Britain’s biggest asset manager plans to increase the number o...
AI on the Rise: A Look at Top AI Companies and Their Stocks
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