Lloyds offers consistent dividend yield, says RBC as it keeps 'outperform' rating
RBC has cut target prices on Lloyds, Barclays and RBS
Company
Barclays PLC
LON:BARC
Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the USA, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs 147,000 people.
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Lloyds and banking rivals 'going nowhere' amid new pressures on revenue and margins
Adding to mortgage market competition, analysts now expect pressure on deposit pricing and declining contributions from structural hedges
Lloyds remains Morgan Stanley's top pick of UK banks
Morgan Stanley left its recommendation on Lloyds at ‘overweight’ but lowered its target price on the shares to 70p from 78p
Experian names independent non-executive director, Mike Rogers as chairman with effect from conclusion of 24 July AGM
He will succeed Don Robert who, as previously announced on 14 December 2018, had notified the company of his intention to step down as chairman and as a director
Tesco Bank and Nationwide highlight impact of competitive pressures on wider banking sector
First-quarter results from Lloyds, Barclays, Royal Bank of Scotland and HSBC all revealed a drop in net interest margins - a key profit measure for banks.
Five banks including RBS and Barclays fined €1bn for FX trading cartel
Investigators found that foreign exchange traders at RBS, Barclays, Citigroup, JPMorgan and MUFG Bank “coordinated their trading strategies” through internet chatrooms
Investor rebellions in store for Lloyds, Metro Bank and G4S meetings
Ahead of Metro Bank's AGM, American founder Vernon Hill urged investors to “meet with the directors and express your views by attending, raising questions and voting”
Standard Chartered faces possible shareholder revolt over executive pay plan
The news marks the latest in a series of potential shareholder rebellions over pay increases that see executives’ pensions raised more than ordinary workers.
'Cash cow' Lloyds seen climbing the bank dividend rankings
Analysts at UBS think regulatory changes this week increase Lloyds’ capacity for a special dividend payout this year by £1bn
Activist investor Edward Bramson suffers defeat in bid for board seat at Barclays
Some 87.2% of shareholders voted against the election of Bramson
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FTSE 100 closes in the red after BoE keeps interest rates on hold
The UK blue-chip index finished down nearly 34 at 7,351, while its mid-cap cousin FTSE 250 lost over 127 points
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Bank of England rates decision to take macro spotlight on ‘Super Thursday’
On the corporate front there will be another big batch of blue-chip updates to digest, notably from oil major Shell and banking giant Lloyds
FTSE 100 closes higher after US inflation data
It comes after latest data showed that core inflation in the US was flat last month (March) while consumer spending rose
Barclays swings to quarterly profit but under-pressure investment bank hit by 'challenging markets'
Barclays said the investment bank was hurt by reduced client activity, lower volatility and a smaller banking fee pool across the industry
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FTSE 100 ends lower as US stocks retreat after mixed tech earnings
The FTSE 100 index closed 37.62 points, or 0.5% lower at 7,434.13, albeit above the session low of 7,405.99 as US stocks continued to post big falls on Thursday
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Barclays set to kick off Q1 reporting season for UK banks
Aside from Barclays numbers, the Day Ahead will also bring updates from the likes of Taylor Wimpey and RELX, plus the final CMA decision on the planned Sainsbury's/Asda merger
Barclays, Lloyds and RBS to report first-quarter earnings with margins, costs and bad loans in focus
Lloyds seems to be doing the best job of countering headwinds facing the sector, according to AJ Bell investment director Russ Mould
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FTSE 100 closes in the red as resource stocks come off the boil
After hitting a six-month high on Tuesday afternoon, London's blue-chips took a step back on Wednesday
Barclays reportedly plans to cut bonuses for investment bankers amid activist investor pressure
The bank is also said to be planning to crack down on promotions for its bankers
Investments and investor services
FTSE 100 closes at near seven month high as no news is deemed good news
The UK blue-chip index finished up around 63 points at 7,523