HSBC drags sector peers lower as it kicks off busy week of UK bank earnings
HSBC shares have tanked today as its earnings missed forecasts, weighing down fellow UK lenders due to report later this week
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LON:BARC
Barclays is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management. It operates through branches, offices and subsidiaries in the United Kingdom and overseas.
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HSBC shares have tanked today as its earnings missed forecasts, weighing down fellow UK lenders due to report later this week
Investments and investor services
FTSE 100 shares were dragged lower by banks such as HSBC and RBS on Tuesday
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HSBC's succession plan will be the key focus when the bank reports its full year earnings tomorrow.
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Housebuilders and banks will take centre stage with a slew of London-listed corporate earnings to be published.
Investments and investor services
Around 3.15pm, the UK blue chip index was up over 21 points at 7,299, not far from the day’s peak of 7,307, and well above the day’s low of 7,253.
FTSE 100 shares closed higher on Wednesday, led by banking shares which teamed up with their Wall Street brethren to cheer on what may be a US rate hike as soon as March
Investments and investor services
FTSE 100 shares closed higher on Thursday in tandem with a US equity rally after President Donald Trump announced “phenomenal” corporate tax reform Wall Street had been waiting for with bated breath
The bank's analysts hiked their target price for the part-taxpayer owned lender to 75p from 60p, leading them to upgrade their rating to ‘buy’ from ‘hold’.
FTSE 100 stocks ended lower with sombre Wall Street shares on Monday although gold miner Randgold Resources was the stand out gainer while small-caps scaled record highs
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FTSE 100 stocks closed higher on Friday, offered a leg up by surprisingly strong US non-farm payrolls number and financial stocks confident burdensome US regulation was about to get scaled back
The German broker's analysts said that they “struggle to justify” Barclays’ current valuation of 12.2x their 2018 EPS estimates and therefore downgraded their rating .
FTSE 100 shares ended lower on Monday, following falls in Asia and Europe after President Donald Trump's decision to impose a travel ban on seven Muslim-majority countries
The taxpayer-owned bank said this charge, to be taken in its fourth-quarter results, takes the total aggregate of such provisions to £6.7bn ($8.3bn).
Investments and investor services
FTSE 100 index closed down 0.2% at 7,327 on Monday, as the 14-session record high winning streak crashed after shares in banks and oil companies slipped
Analysts at the German bank also raised their price target to 270p from 198p, saying the group is well placed for 2017.
Here we take a look at the medium and small cap companies included among Fleet Street's top stock market tips for 2017.
FTSE 100 and small-cap stocks ended at fresh record highs on Tuesday, the first session of 2017, after being buoyed by higher Wall Street on bullish US factory data, 18-month high oil prices and even bumper Chinese data
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The 'Santa rally' and a strong showing from miners meant the UK premier index closed up around 37 points
US shares ended firmer on Friday after the lead tickers toggled with relatively flat positions throughout the session
The bank has been accused by the DoJ of deceiving investors about the quality of loans underlying tens of billions of dollars of mortgage securities between 2005 and 2007.