Financial

Why HSBC's Decision to Freeze Accounts of Hong Kong Activist Is in M...
February 09, 2021 07:18 AM GMT | 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 05, 2021 02:46 PM GMT | 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 03, 2021 02:18 PM GMT | 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 02, 2021 03:05 PM GMT | 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 29, 2021 01:30 PM GMT | 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 09:03 AM GMT | 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 22, 2021 01:07 PM GMT | 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 12:20 PM GMT | 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 06:51 AM GMT | 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 06, 2021 02:36 PM GMT | 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 05, 2021 02:52 PM GMT | 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 06:17 AM GMT | 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 29, 2020 03:00 PM GMT | 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 12:58 AM GMT | 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...

Gresham House Energy (LON: GRID) mulling to acquire 30 MW Battery Pr...
December 26, 2020 12:47 AM GMT | By Kunal SawhneySummary Gresham House Energy Storage Fund Plc is mulling to acquire Byers Brae project The 30 MW battery-only project, Byers Brae is exp...

Duke Royalty Ltd (LON: DUKE) invests an additional EUR1.1 million in...
December 26, 2020 12:43 AM GMT | By Kunal SawhneySummary Duke Royalty Limited announced that it had made a follow-on investment of EUR 1.1 million into BHPC Ltd, its existing royalty partner The...

Christmas jubilation: This FTSE 100 stock returned 100% in 1 year
December 22, 2020 11:17 AM GMT | By Team Kalkine MediaSummary A large-cap FTSE 100 share has vastly outperformed the benchmark index returning more than 100 per cent in 2020 The stock has massive upti...

Metro Bank (LON: MTRO) Surges To 10-Month High as Natwest (LON: NWG)...
December 21, 2020 02:54 PM GMT | By Team Kalkine MediaSummary Shares of Metro Bank advanced more than 33 per cent on Monday following the £3.1-billion deal with NatWest Group. The stock of NatWe...

Barclays Plc (LON: BARC) Fined £26 Million By FCA For Mistreating Cu...
December 21, 2020 07:10 AM GMT | By Team Kalkine MediaSummary The Financial Conduct Authority has slapped the UK’s leading bank with £26 million fine for mistreating its customers. Barclay...

How would Shaftesbury recover from the crisis after London moved int...
December 16, 2020 02:24 PM GMT | By Team Kalkine MediaSummary Shaftesbury Plc has reported a loss after tax of £699.5 million during FY20. The net property income of the Company was plunged by 2...
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