What are the recent business developments announced by FTSE-listed C...

Summary CREI had collected 91% of rent in FY21 despite the adverse impact of the Covid-19 pandemic. The Company will pay a fifth interim dividend...

FTSE 250 listed Virgin Money UK returned to profit as benefitted by...

Summary VMUK had reported an underlying profit of £245 million during H1 FY21. The RoTE (“Return on Tangible Equity”) stood arou...

NatWest falls 4%, Standard Chartered jumps 8%, Royal Dutch Shell ini...

Summary Shares of NatWest fell a little more than 4 per cent on Thursday. On the other hand, Standard Chartered jumped close to 8 per cent. ...

Lloyds Banking shares hit 52-week high as the group revamps 2021 out...

Summary Lloyds Banking Group shares rose nearly 5 per cent to a fresh 52-week high. The bank realised a profit after tax of £1,397 million i...

HSBC Shares Off to Flying Start as UK Pre-Tax Profits Cross $1 Billi...

Summary Shares of HSBC Holdings jumped nearly 3 per cent in the mid-morning deals HSBC shares emerged as the top gainers among the 101 constituent...

Focus on Banking Stocks as UK Launches 95 Per Cent Mortgage Scheme

Summary Leading banks launched a new government-backed low-deposit mortgage scheme. The scheme has been made available by Lloyds, Santander, Barcl...

Why Citigroup Exited from Consumer Banking In 13 Markets

Source: Morakot Kawinchan, Shutterstock Summary Citi's revenue from the consumer banking business in Asia was down by 15 per cent to $1.55 billi...

Finance Sector to Play Crucial Role in UK Recovery post-COVID, says...

Source: kan_chana, Shutterstock Summary Industry body said that the finance sector could be an engine of UK recovery post-corona. It seeks high...

What significant factors led Plus500 to report record active custome...

Source: TheCorgi, Shutterstock Summary Plus500 Ltd had reported revenue growth of around 121% during Q1 FY21 as compared to Q4 FY20. PLUS had s...

Banking Stocks in Focus as Customers Complain About Online Scams

Source: kan_chana, Shutterstock Summary Leading bank customers have been warned about a phoney text message scam asking...

Santander closes over 100 UK branches; lens on 3 financial stocks

Source: Johnstocker Production, Shutterstock Summary Spanish banking behemoth Santander Group to shut more than 100 UK branches. The company wo...

Nationwide To Allow Flexible Work to Staff Post Lockdown

Source: Amnaj Khetsamtip, Shutterstock Summary Nationwide Building Society would be allowing 13,000 staff the option to choose where they wanted...

3 FTSE 100 Banking Stocks in Focus After NatWest Plans Business Over...

Source: Freedomz, Shutterstock Summary UK banking giant Natwest Group is planning to rebrand its retail business by focusing to better compete w...

Revolut To Extend Operations in the US, Seeks Banking Licence

Source: Peshkova, Shutterstock London-based fintech firm Revolut has applied for a full banking licence in the US to strengthen its global portfolio...

FTSE 100: This Blue-Chip Banking Stock Has Doubled Wealth In 6 Month...

Source: kan_chana, Shutterstock Summary Shares of Barclays Plc have doubled investors’ wealth in 6 months. The FTSE 100 index has managed...

10 FTSE Cyclical Stocks to Keep A Close Eye On

Source: solarseven, Shutterstock Summary Cyclical stocks are expected to deliver huge returns during period of economic strength. These stocks...

What significant factors led Sanne Group to report a jump in profita...

Source: TheCorgi, Shutterstock Summary Sanne Group PLC had registered a growth of 7.3% at constant currency in underlying net revenue to £...

Lens On 3 FTSE 100 Banking Stocks as UK Sells Stake in Natwest for £...

Source: Freedomz, Shutterstock Summary The government sold its stake worth £1.1 billion in NatWest Group. The sale brought the government...

Top 4 Dividend-Paying VCT Stocks to Look At

Source: Funtap, Shutterstock Summary Investing in dividend stocks remains one of the best ways to counter unprecedented times VCTs not only pro...

What significant factors led Alpha FX Group to show remarkable reven...

Source: wutzkohphoto, Shutterstock Summary Alpha FX Group PLC had reported a revenue of £46.2 million during FY20. AFX had a robust free...