Financial

FCA Fines Citigroup Global Markets Limited £27.8 Million for Trading Control Failures
May 24, 2024 11:12 PM AEST| By Team Kalkine MediaThe Financial Conduct Authority (FCA) has levied a fine of £27,766,200 on Citigroup Global Markets Limited (CGML) for serious deficiencies in its trading systems and controls, which led to the erroneous sale of US$1.4 billion worth of equities across...

How’s Clarkson (LSE: CKN) Stock Navigating Market Trends and Maritime Dynamics?
January 06, 2024 12:11 AM AEDT| By Team KalkineClarkson PLC (LSE: CKN), a key player in the maritime services sector, has garnered attention within investment circles due to its intriguing stock performance and its correlation with market trends in the maritime industry.,One of the leading global...
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Barclays' Shares Slide as Lender Signals the End of Rates Boom (LON: BARC)
July 28, 2023 04:20 PM AEST| By Team Kalkine MediaIn a notable turn of events, Barclays, one of the prominent financial institutions in the United Kingdom, has witnessed a decline in its stock value. This dip comes in the wake of the bank signaling the conclusion of the highly favorable rates boom....

Building Wealth, Building Futures: How LON Financial Stocks Can Fuel Your Investment Strategy
June 22, 2023 08:19 PM AEST| By Team Kalkine MediaWhen it comes to building wealth and securing a prosperous future, investing in LON financial stocks can play a pivotal role. The financial sector offers a wide range of investment opportunities, from banks and insurance companies to asset management...

Stocks to keep a close eye on amidst mortgage hike talks
May 26, 2023 09:49 PM AEST| By Manu ShankarHighlights UK households are all gearing up for a 5%-plus fixed mortgage deal. Britain's annual CPI rate dropped to 8.7% on a year-on-year basis in April.

NWG, HSBA, LLOY: Stocks to watch amid CPI drop
May 25, 2023 08:29 PM AEST| By Manu ShankarHighlights According to the Office for National Statistics (ONS) figures, Consumer Price Index (CPI) dropped to 8.7% on a year-on-year basis in April. According to the ONS report, while food and beverages rose in April, gas prices dropped by 1.42...

BRBLY, BT.A, ESJ: Why are these stocks trending today?
May 19, 2023 12:48 AM AEST| By Manu ShankarHighlights The Mulberry stock on Thursday was down by -2% at GBX 245.00 at the time of writing. The BT Group share prices were down by -5.50%, trading at GBX 139.95. EasyJet shares were up on Thursday as it was up by 0.77% at GBX 524.40.

Brits feel the pain for mortgages following interest rate hike
May 12, 2023 01:58 PM AEST| By Manu ShankarBrits feel the pain for mortgages following interest rate hike

HSBA, LLOY, BARC: Banking stocks to explore amidst BoE rate hike
May 11, 2023 10:23 PM AEST| By Manu ShankarHighlights The Bank of England (BoE) has once again raised the interest rate to 4.5%, making it the highest since 2008. This is the 12th consecutive time the base rate has spiked in Britain, making it the highest inflation rate among the advanced...

LLOY, RECI, OSB: Three mortgage stocks to explore mortgage defaults increase
May 09, 2023 05:45 PM AEST| By Manu ShankarHighlights According to a consumer group Which?, approximately 700,000 households across the UK defaulted on their mortgage payments last month. It is revealed that about 2.5% of households defaulted on a housing payment. Meanwhile, approximatel...

2 Pension stocks to watch as unpaid pensions pile up
May 03, 2023 04:38 PM AEST| By Manu ShankarHighlights Britain's pensioners were left struggling after a clerical error resulted in a staggering £530 million unpaid from last year. The Department for Work and Pensions announced that over 7 million Brits nationwide would receive a £301 paym...

3 FTSE-listed pension stocks to explore as funds decline
April 14, 2023 06:14 PM AEST| By Manu ShankarHighlights The aggregate surplus of UK-defined benefit funds covered by the Pension Protection Fund (PPF) declined 5.8% in March. The majority covered by the index was down by 84.9%. The liabilities increased by 4.7% for the month and 26.7% for...

3 banking stocks to watch as UK businesses expect inflation and cost easing
March 03, 2023 08:14 PM AEDT| By Manu Shankar• According to the survey, UK businesses expect costs and inflation to ease but expect the wage pressures could remain high. • Wage growth was averaged at a high of 5.7% in February, and it remained unchanged from January. • Cost pressures remained...

Three mortgage stocks to explore in 2023
January 11, 2023 10:53 PM AEDT| By Rishika Raina3 million families are facing a rise of £3,000 per year in their mortgage costs by the ending of the next financial year (2023-24).

Which pension stocks should you explore before 2023 begins?
December 16, 2022 11:56 PM AEDT| By Abhishek SharmaHighlights:,A new survey has revealed that one in 25 pension savers would explore pausing their savings in the next 12 months.,About 2% of pension savers said they've already halted payments into a pension in the past half year.,The cost-of-living cr...

Banking stocks to explore as BoE raises interest rates to 3.5%
December 16, 2022 01:04 AM AEDT| By Abhishek SharmaHighlights:,The Bank of England (BoE) has hiked interest rates to 3.5%.,This comes as a blow to mortgage owners as the EMIs will go upward following the latest hike.,Homebuyers in the UK may have to postpone further their plans to purchase their drea...

BoE says 4 million mortgages to rise next year: Which stocks to watch?
December 15, 2022 12:16 AM AEDT| By Abhishek SharmaHighlights:,Mortgage rates have sharply risen in the past few months amid rising inflation and political chaos.,The Bank of England has projected that households will face significant pressure to meet their debts over the next year.,With the inflatio...

5 banking stocks to explore in December
December 09, 2022 11:49 PM AEDT| By Abhishek SharmaHighlights:,Financial markets in the country are betting on a 78% chance that the central bank will go for a 50 bps hike in interest rates.,A rise in interest rates will also push the mortgage deals higher.,With inflation figures rising to record lev...

5 FTSE Pension stocks to explore amid financial headwinds
December 07, 2022 11:49 PM AEDT| By Abhishek SharmaHighlights:,Nearly a quarter of pensioners are either mulling over withdrawing money from it or stopping paying in or decreasing their contributions due to financial headwinds.,A survey has shown that 38% of people aged between 25 and 34 are likely t...

Stocks to watch as London races to become fintech frontier
December 02, 2022 12:21 AM AEDT| By Abhishek SharmaHighlights:,A survey has revealed that the UK capital can dominate the world of startups, especially in the fintech sector.,The latest insights come when the country is dealing with unprecedented financial challenges.,When it comes to financial servi...
AI on the Rise: A Look at Top AI Companies and Their Stocks