Close Brothers nearly doubles car finance redress to £300mn

FTSE 250 lender says increased provision reflects ‘greater likelihood’ more cases will qualify for compensation ...

FTSE banks suffer £16bn slump

More than £16bn was wiped off the value of Britain’s biggest listed banks after HSBC signalled a greater shift towards Asia ...

London open: Stocks fall as ex-divs weigh; Lloyds, HSBC in the red

London stocks fell in early trade on Thursday, led lower by a host of ex-dividend names, while Lloyds slumped after warning ...
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FTSE 100 Slides as HSBC Shares Stumble; Banking Sector Feels the Pinch

The FTSE 100 fell by 0.4% due to a significant drop in HSBC shares, impacting the banking sector. The market also faced ...

-Global banks seek to contain damage over $2 trillion of suspicious transfers

Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than $2 trillion in suspect funds over ...

HSBC Lowers the Firms PT on Banco Macro (BMA), Upgrades the Stock to Buy

Banco Macro S.A. (NYSE:BMA) is one of the Oversold Financial Stocks to Buy According to Hedge Funds. On September 30, Carlos ...

-Europe lockdown fears trigger worst stocks sell-off in 3 months

European stocks posted their worst fall in three months on Monday as fears of a second wave of COVID-19 infections hit travel and leisure shares, while banks tumbled on a report about $2 trillion ...

HSBC downgrades Bloom Energy after significant rally

HSBC has downgraded Bloom Energy to Hold from Buy, saying in a note to clients on Thursday that while the company’s prospects remain strong, the shares have run too far, too fast.