Argo Blockchain shares tumble as it prepares to suspend trading amid widening losses April 30, 2025 Argo Blockchain has seen its stock tumble as it prepares to suspend trading of its shares over issues with its accounts as it posted widening losses. The crypto miner’s shares fell as much as 25 per cent as it conceded it had failed to finalise its accounts by the deadline required by London listing rules, [...]
Tariffs to take focus as HSBC and Barclays kick off FTSE 100 bank results April 10, 2025 First-quarter results season is around the corner for the UK’s major banks, with HSBC and Barclays set to report at the end of the month. Whilst President Donald Trump launched his tariff onslaught at the beginning of April – narrowly missing the first reporting period of the year – lenders are expected to factor the [...]
Barclays shares explode higher as FTSE 100 rebounds April 10, 2025 Shares in FTSE 100 giant Barclays rocketed in early trading after Trump rolled back his ‘Liberation Day’ levies. The bank’s stock shot up over 20 per cent as markets opened, before falling back to a 15 per cent gain. The firm topped the blue-chip index’s risers. The gains helped reverse the lender’s losses in the [...]
HSBC and Standard Chartered shares sink as ‘outsized’ Asian tariffs bite April 7, 2025 Shares in banking giants HSBC and Standard Chartered have taken a significant hit as the global trade war ramps up. HSBC was down nearly three per cent in early trading on Monday. The lender’s losses in the last five days have now topped 15 per cent. Meanwhile, Standard Chartered plunged nearly four per cent, with [...]
Close Brothers shares crash as analysts expect ‘refined’ motor finance ruling April 4, 2025 Shares in FTSE 250 lender Close Brothers fell as much as eight per cent on Monday as the landmark motor finance hearing came to a close. At the Supreme Court case, Close Brothers attempted to overturn the Court of Appeal’s October ruling that it was unlawful for banks to pay a commission to a car [...]
Close Brothers shares soar past target price whilst FTSE 100 banks sink April 3, 2025 Shares in FTSE 250 lender Close Brothers rallied on Thursday morning whilst its banking rivals HSBC, Barclays and Standard Chartered tumbled. The lender made gains as high as ten per cent during early trading before consolidating around five percent, as the bank clawed back recent losses. Meanwhile, Standard Chartered led the FTSE 100 losses at [...]
Wise shares jump after the company upgrades forecasts April 3, 2025 Shares in global fintech Wise jumped six per cent in early deals this morning after the firm posted preliminary figures for its current financial year on Thursday ahead of its capital markets day. The event’s presentation will also include updates on the current financial year, for which the full results will be posted on June [...]
Close Brothers shares fluctuate as motor finance hearing kicks off April 1, 2025 Shares in FTSE 250 lender Close Brothers were volatile during early trading on Tuesday as the first day of the motor finance hearing kicked off. The bank was one of the FTSE’s top fallers as markets opened after it suffered a downgrade from City broker Peel Hunt. The broker said the “extent” of guidance downgrades [...]
Peel Hunt shares edge up as City broker cuts costs to reduce losses April 1, 2025 Shares in City broker Peel Hunt edged higher in early trades this morning after the company issued a positive trading update. The company said it anticipated revenue of £90m for the year ending 31 March 2025, an increase of five per cent from the previous year. The investment bank reported revenue of £85.5m in fiscal [...]
FTSE and Europe in the red as US markets open on a downturn March 31, 2025 The latest escalation in Trump’s trade war painted global markets red on Monday. This new headache came ahead of Trump’s so-called ‘Liberation Day’ on April 2, which has investors bracing for a broad set of fresh tariffs. The President will slap 25 per cent tariffs on all automotive imports in the US from Wednesday, with [...]