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BANKING
Boris Johnson announces sanctions against Russian banks and individuals
Prime Minister Boris Johnson announced sanctions against five Russian banks and three Russian billionaires following troops entering two breakaway regions of Ukraine.
His statement…
HSBC pledges to crank up its low-carbon emission efforts
The banking giant is committed to working with its clients to develop valid, science-based transition plans to understand how it will achieve “net zero” by 2050.
HSBC PLC (LSE:HSBA), the…
HSBC profits double on the back of economic recovery and release of credit losses
The bank said it would hit its target of 10% return on equity in 2023, a year earlier than anticipated, if central bank interest rates rise in line with market expectations
HSBC PLC…
How will HSBC match up to bank rivals?
Other companies reporting on Tuesday include Antofagasta, Hargreaves Lansdown, InterContinental Hotels Group and Oxford Cannabinoid Technologies
Starting this week’s round…
NatWest has scope for more hand-outs, brokers suggest
The broker expects NatWest to distribute £3.6bn of capital during its current financial year
NatWest got the latest bank reporting season off to a strong start last week and City…
Is Lloyds ready to open the cash floodgates with £8bn of dividends and stock buybacks…
A ‘much-anticipated’ refreshed business plan next Thursday is expected will spell out the black horse bank's financial strategy for the coming years, including the dividend and buyback…
NatWest swings into profit and announces £750mln share buyback
The bank reported operating profits of £4bn for the year to end-December 2021, compared with a £481mln loss the previous year
NatWest Group PLC (LSE:NWG) reported a return to profit in…
Standard Chartered disappoints despite multi-billion buyback promise
Shares fell to 533p in early afternoon trading but a target of 10% continues to encourage some analysts
Despite promising billions of new shareholder returns, Standard Chartered PLC’s …
Standard Chartered promises US$5bn of shareholder returns over next three years
Boss Bill Winters acknowledged that his turnaround is "taking longer than previously anticipated" but said the strategies "are right"
Standard Chartered PLC (LSE:STAN) unveiled over…
Lloyds Banking Group: 8%-9% yield once the cash taps are opened, says leading…
Deutsche Bank reckons the high street lender is headed for an era of strong financial performance
The financials team at Deutsche Bank are expecting a positive update from Lloyds…