Battle of the banks: Should investors turn to challengers or stick with incumbents?
Several fund managers debate the merits of investing in the ‘Big Five’ lenders amid a busy month for the sector
Standard Chartered
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Could China cause the next global crisis?
Enthusiasm for investing in China has never been higher than in 2017 and fears of a slowdown have largely receded from the public discourse. But have investors taken their eye off the region just when it matters most?
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PA ANALYSIS: What to expect as the big banks report results
Wealth managers will be keeping a keen eye on the banking sector this week as four of the sector’s biggest players report first-quarter results.
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Standard Chartered to recruit after doubling client wealth threshold
Standard Chartered is to more than double the wealth threshold required of new private banking clients in the aim of being “more selective” when pursuing opportunities.
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RBS stress test failure sends shares spiralling
Shares in RBS had fallen 5% top 187.2p by mid-morning on Wednesday after the bank emerged as the biggest failure in the Bank of England’s latest stress test scenario.
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HSBC and Standard Chartered shares jump despite profit slides
Shares in HSBC jumped 3.6% on Wednesday despite it revealing a 29% slide in profits to $9.7bn for the first half.
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Low expectations see Standard Chartered shares jump on profit slump
Standard Chartered shares spiked 12% in morning trade despite a noticeable dip in its first quarter profits.
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Standard Chartered shares slide as FTSE dips back under 6000
Standard Charted shares fell 5.7% in morning trading after the bank reported a surprising loss.
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PA ANALYSIS: Underwhelming Q3 belies banking opportunities
Numbers from HSBC, UBS and Standard Chartered out this week have continued what has been a rather underwhelming earnings season so far for the banking sector.
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Standard Chartered rights issue plan sends shares into freefall
Emerging markets focused bank Standard Chartered has announced plans to raise £3.3bn from its shareholders through a rights issue.
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Mansion House speech crucial for UK banking sector – Urquhart Stewart
HSBC’s decision to reduce client facing staff in the UK and focus in on Asia as an area of future growth, could be followed by similar actions by other overseas banks warns 7IM’s Justin Urquhart Stewart.
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Standard Chartered to close equities business
Standard Chartered is to shut down its equities business as part of its bid to cut $400m (£260m, 340m) in costs this year.
