1. Credit Suisse backs NatWest
Not only were the headline numbers above consensus, but the special dividend also pleasantly surprised the investment bank’s research team.
2. Vitalik Buterin fires shots at corporate Metaverse
Facebook’s pivot towards the technology under the Meta Platforms rebranding is destined to “misfire” said Buterin, due to a lack of understanding around metaverse technology.
3. HSBC to restore pre-Covid level of dividend
“This would represent our best financial performance for a decade,” said the bank’s group chief executive Noel Quinn said on a conference call this morning.
4. FTSE 100 closes in red
FTSE 100 finished around 10 points lower, or 0.13%, at 7,413.42 on Monday.
5. Vast up 20% after commencing production
Vast Resources said it is to commence molybdenum concentrate production at its Baita Plai polymetallic mine in Romania this month.