Financial


 JP Morgan released better than expected results for Q3 2020

JP Morgan released better than expected results for Q3 2020

October 15, 2020 01:47 AM AEDT | By Team Kalkine Media

Summary The global banking institution beat its profit estimates for the quarter Only one of the major units (consumer banking) reported a drop in...

 Should One Be Looking at Financial Services Stocks Now?

Should One Be Looking at Financial Services Stocks Now?

October 09, 2020 04:37 AM AEDT | By Kunal Sawhney

Summary Financial service sector includes a plethora of services that offers diversification opportunity within It is one of the most important se...

 TP ICAP Share Price Stumble on Proposed Acquisition of Liquidnet

TP ICAP Share Price Stumble on Proposed Acquisition of Liquidnet

October 03, 2020 08:30 PM AEST | By Kunal Sawhney

Last year in December, TP ICAP Plc announced plans to introduce a new holding company in Jersey, whose domiciliation is expected to complete by the fi...

 TSB To Close Branches and Cut Staff with Decline in Business Due To COVID-19

TSB To Close Branches and Cut Staff with Decline in Business Due To...

October 03, 2020 10:00 AM AEST | By Team Kalkine Media

Summary The TSB bank has declared it will be closing nearly 164 of its branches in the UK and cutting 1000 staff members, because of a decline in t...

 Shares Of HSBC Jump On LSE As Key Chinese Investor Raises Stake

Shares Of HSBC Jump On LSE As Key Chinese Investor Raises Stake

September 29, 2020 11:31 PM AEST | By Team Kalkine Media

Summary Ping An Asset Management of China increased its stake in the bank to 8 per cent, which is seen as a vote of confidence by investors despite...

 Big Management Shakeup at Subprime Lender Amigo Holdings Plc

Big Management Shakeup at Subprime Lender Amigo Holdings Plc

September 29, 2020 11:11 PM AEST | By Kunal Sawhney

Summary Amigo Holdings Plc, which was valued at £3 billion at the time of its IPO in June 2018, has now lost its value to nearly one-twentiet...

 Fintech Drives The Banking Sector: Barclays Employs Third Tech Tool

Fintech Drives The Banking Sector: Barclays Employs Third Tech Tool

September 29, 2020 04:40 AM AEST | By Kunal Sawhney

Driving ahead the strategic initiative of employing fintech tools to better service its customers, Barclays plc (LON: BARC) recently partnered with Pr...

 Natwest And Lloyds In Focus As They Intend To Payout Dividends

Natwest And Lloyds In Focus As They Intend To Payout Dividends

September 28, 2020 11:11 PM AEST | By Team Kalkine Media

Summary In these tough times of the Covid-19 pandemic, the UK lenders have been continuously trying to save the economy from a downfall Shareholde...

 Fintech Firms Start Hedging for No-Deal Brexit, Revolut Moves Business Customers to Lithuania   

Fintech Firms Start Hedging for No-Deal Brexit, Revolut Moves Busine...

September 24, 2020 01:20 PM AEST | By Team Kalkine Media

The coronavirus pandemic has resulted in severe loss across the sectors. The UK witnessed a huge surge in job redundancies due to lockdown induced by...

 HSBC’s Ponzi Scam Return to Haunt with A Major Global Money-Laundering Scandal

HSBC’s Ponzi Scam Return to Haunt with A Major Global Money-Launderi...

September 21, 2020 10:10 PM AEST | By Team Kalkine Media

Summary UK’s largest bank HSBC has been alleged of profiting from powerful and dangerous players since last two decades despite red flags abo...

 Recent Updates on Two LSE Listed Financial Players: Investec PLC & John Laing Group PLC

Recent Updates on Two LSE Listed Financial Players: Investec PLC & J...

September 18, 2020 11:25 PM AEST | By Team Kalkine Media

Summary Investec had third party funds under management of £51.4 billion as on 31 August 2020. It had Customer deposits of £32.3 billi...

 Will the Fintech Pledge Prove to Be Beneficial For UK Banking Majors?

Will the Fintech Pledge Prove to Be Beneficial For UK Banking Majors...

September 16, 2020 11:20 PM AEST | By Hina Chowdhary

Summary Tech Nation has announced a Fintech Pledge in collaboration with the Fintech Delivery Panel and the HM Treasury The five most prominent ba...

 Aviva’s Stock Closes 5 Per Cent Higher Post Insurer’s Decision To Sell Singapore Business

Aviva’s Stock Closes 5 Per Cent Higher Post Insurer’s Decision To Se...

September 14, 2020 08:44 AM AEST | By Team Kalkine Media

Summary Investors rewarded Aviva’s stock as it closed 5.02 per cent higher at £303.20 on 11 September 2020, when it announced to sell i...

 A Banking Stock Worth Looking for Despite the Devastation

A Banking Stock Worth Looking for Despite the Devastation

September 14, 2020 05:26 AM AEST | By Team Kalkine Media

During the pandemic and the ensuing lockdown, the banking sector remained operational, while many struggled with their business, one of the banking ma...

 Covid-19 Impact: Lloyd's Of London Expects £5 Billion In Insurance Pay-Out for The Year

Covid-19 Impact: Lloyd's Of London Expects £5 Billion In Insurance P...

September 13, 2020 10:10 AM AEST | By Team Kalkine Media

Summary The world’s biggest insurance market, Lloyd’s of London expects up to £5 billion to be paid out in claims related to Covi...

 Performance Review of Two Financial Stocks - Nucleus Financial Group PLC & STM Group PLC

Performance Review of Two Financial Stocks - Nucleus Financial Group...

September 09, 2020 11:34 PM AEST | By Hina Chowdhary

Summary Nucleus Financial Group reported assets under administration of £15.8 billion at the end of H1 FY2020. The Company had net revenue of...

 CMA Cracks Down On Lloyds Bank For Unfair Practices

CMA Cracks Down On Lloyds Bank For Unfair Practices

September 09, 2020 05:25 AM AEST | By Team Kalkine Media

In its latest crackdown on unfair business practices, the Competition and Markets Authority (CMA) of the United Kingdom has restricted Lloyds bank fro...

 What’s Causing the Fall in the Share Price of Lloyd Banking Group?

What’s Causing the Fall in the Share Price of Lloyd Banking Group?

September 07, 2020 11:00 PM AEST | By Hina Chowdhary

Summary The financial institutions have already seen losses and financial crunch in the last few months due to this pandemic Lloyds Bank Plc has b...

 Fear of Default by Small Businesses May Lead the Banks to Foreclose the Coronavirus Loans

Fear of Default by Small Businesses May Lead the Banks to Foreclose...

September 06, 2020 11:35 AM AEST | By Team Kalkine Media

Summary Banks are eager to foreclose the emergency coronavirus loans availed by the SMEs The UK’s treasury has turned down the idea of setti...

 An Insurance Stock Continuously Building Resilience for the Future Growth

An Insurance Stock Continuously Building Resilience for the Future G...

September 06, 2020 07:45 AM AEST | By Team Kalkine Media

The Covid-19 outbreak has compelled everyone to re-think about their future strategy, be it business or the individual; everyone is looking to make th...

AI on the Rise: A Look at Top AI Companies and Their Stocks

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