FTSE 100: Natwest, Barclays and Lloyds shares drop on fears of Labour tax raid Banking Shares in the UK's largest banks dropped on Wednesday amid concerns that the new Labour government could raise taxes on the sector in October's Budget.
Biggest UK lenders including Natwest, Lloyds and Nationwide could fail safely in a crisis, Bank of England says Banking The Bank of England has said any major UK lender could be safely wound down in a crisis without causing disruption to banking services or forcing a taxpayer bailout.
Standard Chartered accused of helping Iran-linked terrorist funders Banking Standard Chartered is alleged to have facilitated billions of dollars worth of transactions for Iran-linked entities, including funders of terrorist groups, according to fresh US court filings.
Exiled Hong Kong activist: HSBC ‘short-sighted’ for lobbying Sunak to ease China crackdown May 13, 2024 A leading Hong Kong pro-democracy activist has called major firms like HSBC and Standard Chartered "short-sighted" for lobbying the UK government to ease its planned clampdowns on China.
Standard Chartered chair bemoans share price but rules out ditching primary London listing May 10, 2024 Standard Chartered's top brass has once again bemoaned its weak share price but ruled out moving its primary listing from London.
Standard Chartered shares jump to six-month high as bank breezes past profit estimates May 2, 2024 Standard Chartered has sailed past estimates with a 25 per cent jump in profit on the back of interest rate hikes and a solid performance from its trading and wealth divisions.
Lloyds, HSBC, Barclays and Natwest set to report lower profits – but doubts over rate cuts could lift lenders April 20, 2024 The UK's biggest banks are set to report lower profits and narrower margins in the coming weeks as the interest rate tailwind which pushed their earnings to a record high last year dies down.
Standard Chartered to return billions to investors but chief bemoans lagging share price February 23, 2024 Standard Chartered joined the ranks of lenders that have reported bumper earnings today
Standard Chartered looks at restructuring investment bank to boost returns February 14, 2024 The emerging markets-focused lender is considering is a break-up of the bank's investment and corporate banking businesses, Bloomberg News reported