banking news today
- Banking
BlueBay expands special situations team with two new hires
The hires come as the company sees “an increasing opportunity to invest in stressed and distressed credit” following the wake…
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Marshall Motor backs £325m offer from Constellation Automotive
Marshall Motor’s board backs £325m takeover offer from Constellation Automotive Constellation made a formal offer of 400p per share last…
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Carwow raises $55m to grow its Sell Your Car service
Car dealing website Carwow has secured about $55million (£42million) of new investment for its used car marketplace as it looks…
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Which banks will lend me a mortgage on my flat near a takeaway?
I would like to ask which banks or building societies are lending money for properties close to takeaway restaurants. I…
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RUTH SUNDERLAND: LV’s alarm call for mutuals
RUTH SUNDERLAND: I am not starry-eyed about mutuals nor am I blind to the many shortcomings, but I hope the…
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Don’t miss the pensions perk that could ease bills squeeze
More than one million pensioners are missing out on a boost to their income because they are not claiming a…
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MIDAS SHARE TIPS: Festive cheer is flowing at Virgin Wines
Uncorked: Virgin warehouses are full in time for Christmas Christmas is a time for indulgence and this year is likely…
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Virgin Atlantic blasts new travel curbs as it seeks more cash
Virgin Atlantic slams Government’s latest travel restrictions as airline holds talks with backers to raise millions of pounds to steer…
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Boss Nick Slape says Co-op bank is back and looking for takeovers
Strategy: Chief executive Nick Slape is considering a flotation in 2023 The Co-operative Bank is back. At least that’s according…
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STOCKS TO WATCH: JD Sports is UK’s second most valuable
STOCKS TO WATCH: Riding high after five-for-one share split, JD Sports is Britain’s second most valuable shops group after Tesco…
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Vaccine maker’s expansion bid for Covid jabs in Britain
Manufacturer of Oxford-AstraZeneca vaccine in talks with other developers about producing their Covid jabs in UK By Alex Lawson, Financial…
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Who are the winners and losers from stock market’s wave of new firms?
Although the UK stock market’s performance this year has been modest – up some nine per cent – it hasn’t…
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Billionaire heiress Karen Lo makes play for Playtech
Billionaire heiress builds up shareholding in Playtech, muscling her way into £2.7bn three-way takeover tussle for gambling software company By…
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Activist investor Elliott builds Taylor Wimpey stake
Now US raider builds Taylor Wimpey stake: Activist investor Elliott targets £6bn construction giant after battles with GlaxoSmithKline and SSE…
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Stage A Lively Webinar That Wows The Crowd
Webinars were already proliferating before the pandemic. Today’s remote workforce relies on them more than ever. X Despite their growing…
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Futures Rise Ahead Of Jobs Report; Musk Sells More Tesla Stock
The Dow Jones Industrial Average reversed lower after a weak November jobs report. Tesla stock dropped Friday, as Chief Executive…
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IBD Live Q&A And Two Key Stock Lists For Dec. 3, 2021
Question Answer(s) GM from Cape Cod. All my stocks are looking to move up except SNOW. Is this a shake…
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ClearBridge Fund Outperforms Without Any Megacap Tech Stars
The $197.4 million ClearBridge Mid Cap Growth Fund (LBGIX) is one of those thoroughbreds whose outperformance makes it one of…
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It’s A Grizzly Market Out There: Here’s What To Do Now
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market suffered sharp…
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Hawkish Fed, Omicron Fears Hammer Market Rally: Weekly Review
The stock market rally came under heavy pressure, with the Dow Jones, S&P 500 and Nasdaq breaking key support levels,…
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Will the Omicron variant scupper chances of a Santa rally?
Investors looking for some Christmas cheer may well have been eyeing a Santa rally to end what has already been…
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The ‘Highly Mutated Virus’ Signals A Need For Annual Shots: BioNTech
Vaccine stocks diverged Friday after BioNTech‘s (BNTX) chief executive said the emergence of the highly mutated omicron variant signals the…
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CSX Stock Shows Rising Relative Strength In Volatile Market
One important metric to look for in a stock is an 80 or higher Relative Strength Rating. CSX (CSX) now…
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DocuSign Stock Plunges As Billings, Revenue Guidance Miss Expectations
DocuSign stock plunged after its October-quarter billings fell short of expectations and revenue guidance for DOCU stock missed estimates. X…
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Toll Brothers Near Later-Stage Buy Point Ahead Of Earnings Report
Toll Brothers (TOL) is forming a base with a 68.98 buy point as it gets set to report its next…
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Marlborough Fund Managers founder Geoff Hitchin to retire
Hitchin, who founded MFM in 1986 after spending 20 years as a tax officer and consultant, launched Marlborough Global Bond…
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This Top CEO Shows You How A Miserable Job Can Pay Off
Who takes the reins at a company losing $6 million in a year on $1 million in revenue? Archie Black,…
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Federated Hermes promotes Vivek Bhutoria to co-portfolio manager
Bhutoria has 14 years’ experience working in emerging market equities and has worked with the team to deliver top-down and…
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BUSINESS LIVE: Wickes hikes profit forecast; Selfridges chief’s return
BUSINESS LIVE: Wickes boosts profit guidance; Ex-Selfridges chief set for comeback; Deliveroo founder sells £47m of shares By Mike Sheen…
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Loyalty penalty ban may remove the £456 benefit of switching insurance
Is the cost of your insurance about to jump? Shopping around for home and car cover saves £456 A YEAR……
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Applied Materials Stock Chips Up With 97 Composite Rating; In Buy Zone
The IBD SmartSelect Composite Rating for Applied Materials (AMAT) increased from 94 to 97 Thursday. Is Applied Materials stock on…
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NVR Stock Key Rating Jumps Again As Its Share Price Hits All-Time High; Can It Continue Climbing In Volatile Market?
Homebuilder NVR‘s (NVR) stock rose to its highest point ever Wednesday, quite an accomplishment in the current volatile market. As…
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United Microelectronics Joins Elite Club Of Stocks With RS Ratings Over 90
When looking for the best stocks to buy and watch, focus on those with rising relative price strength. One stock…
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MARKET REPORT: Opec eases worries over Omicron with production pledge
Investors were given the strongest hint yet that the Omicron variant is no more than short-term noise. Opec, the cartel…
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Deliveroo founder Will Shu sells £47m of shares to pay tax bill
Deliveroo slumps after founder Will Shu sells £47m of shares at well below listing price to pay tax bill By…
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Broadridge Financial Solutions: ESG assets to hit £30trn within the next decade
The report, which looked at assets in dedicated ESG mutual funds, ETFs, institutional mandates and private funds, suggested that assets…
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Vanguard and Baillie Gifford dominate interactive investor best-buy list
Included in the list are the likes of Vanguard Lifestrategy 80% Equity, Baillie Gifford Positive Change, Baillie Gifford American, Baillie…
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ASK TONY: PPI claims firm is hounding me for £8,000 I don’t owe
About four years ago, I contacted The Claims Guys regarding a possible payment protection insurance claim. The firm sent an…
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IBD Stock Of The Day Moves Back Into Buy Zone
D.R. Horton D.R. Horton DHI $4.20 4.3% 2% IBD Stock Analysis Back above 99.75 double-bottom base buy point 104.44 is…
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High Volatility Means Iron Condors Are Back In Vogue; Here’s An Example Using Visa Stock
Volatility is up across the board, with the VIX closing Wednesday at 31.12, the highest level since February. X High…
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MacKay Shields poaches quintet from BMO GAM to set up new EMD arm
Philip Fielding and Valentina Chen will join MacKay as co-heads of EMD on the global credit team, reporting to Eric…
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Changes to FCA listing rules welcomed but government must ‘address wrinkles’
The FCA’s listing rules – which come into effect on Friday (3 December) – have seen a number of changes…
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Interactive Investor is sold to Abrdn for £1.5bn
Interactive Investor is sold to Abrdn for £1.5bn: DIY investing platform with 400,000 customers is snapped up by fund giant…
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AJ Bell’s revenues and profits surge on the back of record new customer numbers
Record new customer numbers and net inflows see AJ Bell’s revenues and profits surge Revenues at the Greater Manchester-based firm…
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Stock Upgrades: Qiagen Shows Rising Relative Strength
In a welcome move, Qiagen (QGEN) saw its Relative Strength Rating improve from 68 to 73 on Wednesday. X When…
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BUSINESS LIVE: Abrdn and II deal nears; LadBible set for London float
BUSINESS LIVE: Abrdn and Interactive Investor deal nears; KMPG faces government contract ban; LadBible set for London float By Mike…
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One Tech Stock Beats The Market Every December (It’s Not Apple)
December might be the S&P 500’s third-best month of the year. But finding surefire winners during the last month of…
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Smith & Wesson Stock Shows Market Leadership; Strength Rating Jumps To 83 Amid Brisk Sales, Profit Growth
When a mass shooting in the U.S. occurs, gun sales generally rise as people buy firearms to protect themselves. The…
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New financial complaints chief Nausicaa Delfas ‘sorry’ for poor record
‘Sorry we’re so painfully slow’: New UK financial complaints chief issue stark apology to victims By Lucy White For The…
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UK manufacturers facing steepest rise in costs for almost 30 years
UK manufacturers facing steepest rise in costs for almost 30 years as inflation stalks the economy By Daily Mail City…
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