HSBC and Barclays shares sink as trouble looms for FTSE 100 banks April 9, 2025 The FTSE 100’s ‘Big Five’ banks were swallowed up by the red on Wednesday as the global trade war ramped up. China increased its tariff on US goods to 84 per cent – a move which followed President Donald Trump’s 50 per cent levy coming into effect today, which took China’s total import tax to [...]
Bank of England asks lenders about clients’ stability as Reeves brands system ‘resilient’ April 8, 2025 The Bank of England has asked lenders about their clients’ financial well-being after Trump’s tariff onslaught triggered chaos across financial markets. The central bank asked firms for information about market liquidity and whether any of their clients were having funding problems, according to the Financial Times. The Prudential Regulation Authority, which is responsible for the [...]
Barclays: FTSE 100 giant’s shares bounce back after volatile trading April 8, 2025 Shares in Barclays rallied on Tuesday morning after a bruising week. The FTSE 100 lender has been caught in the chaos of Trump’s tariff onslaught. The firm was among top banks, including HSBC and Standard Chartered, which led the blue-chip index’s top fallers as markets sunk. Barclays stock was down nearly ten per cent after [...]
Why investors should keep calm and ignore the noise – even when markets are volatile April 8, 2025 Camilla Esmund, senior manager, interactive investor – the UK’s second largest investment platform for retail investors This is not financial advice and is for educational purposes only —– To quote Kobe Bryant: “Never get bored of the basics.” It’s a phrase that resonates with many areas of our lives. We’re now into the new financial [...]
Barclays, HSBC, Bank of America bosses hold crisis tariff talks April 7, 2025 Chief executives at the world’s biggest banks have held talks on the fallout of Trump’s tariff onslaught. Bosses from Bank of America, HSBC, Barclays and Citi discussed the global chaos triggered by Trump’s ‘Liberation Day’ in a call on Sunday, according to Sky News’ Mark Kleinman. The call was organised by the Bank Policy Institute [...]
Barclays goes ‘overweight’ FTSE 100 amid global rout April 7, 2025 Barclays strategists have upgraded their position on the FTSE 100 to ‘overweight’ in the face of the extreme rout of global stocks after Trump’s swingeing global tariffs. Despite suffering its worst two-day trading period since the pandemic, London’s blue-chip index has outperformed its international peers in recent days, falling just under 10 per cent since [...]
Barclays and Natwest stock plunge warns of ‘looming global recession’ April 7, 2025 The FTSE 100’s banking giants have weighed on the index since Trump’s tariff onslaught and analysts have warned their losses could be a global recession indicator. Barclays plummeted nearly five per cent during midday trading on Monday. The lender has lost nearly 20 per cent in the last five days. Meanwhile, Natwest sank over seven [...]
Santander: Ex-Treasury chief civil servant could be new bank chairman April 5, 2025 Former Treasury permanent secretary Sir Tom Scholar who was sacked by Liz Truss could become the new chairman of Santander UK, according to a report. Sir Tom, who helped devise the Covid-19 furlough job protection scheme, is the preferred candidate for chairmanship of Britain’s fifth-biggest high street bank, Sky News is reporting. He could be [...]
HSBC, Natwest and Barclays shares plunge as FTSE 100 downturn deepens April 4, 2025 The FTSE 100’s ‘Big Five’ banks were back in the red on Friday as tariff woes intensified. Shares in Natwest and Barclays slumped nearly ten per cent after China announced retaliatory tariffs against the US, making them the index’s top fallers. HSBC lost over eight per cent. Lloyds and Standard Chartered were not far behind [...]
HSBC and Barclays shares plummet as tariff woes hit FTSE 100 April 3, 2025 Shares in Britain’s top lenders plunged into the red during early trading on Thursday as Trump’s tariff announcement hit London markets. Europe’s biggest lender HSBC was down over five per cent, with Barclays seeing a more than four per cent drop. Standard Chartered was the FTSE 100’s top faller, as the bank’s stock sank over [...]