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1 day ago |
money.usnews.com | Stefania Spezzati |Jesús Aguado |Lawrence White |Elisa Martinuzzi
ReutersFILE PHOTO: U.S. dollar, Euro and Pound banknotes are seen in this illustration taken May 4, 2025.
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1 week ago |
marketscreener.com | Lawrence White |Bernadette Baum
LONDON (Reuters) - Standard Chartered on Thursday sought to reassure investors that its business can cope with disruption to global trade after pressure on the trade-focused bank's share price following U.S. President Donald Trump's tariffs announcements.
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1 week ago |
usnews.com | Lawrence White |Sinead Cruise
By Lawrence White and Sinead CruiseLONDON (Reuters) - Barclays faced ill-tempered questions from investors about its share price performance and branch closures at its annual meeting on Wednesday, which also drew fresh protests from activists opposed to its alleged provision of financial services to Israeli defence firms.
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1 week ago |
ca.finance.yahoo.com | Lawrence White |Sinead Cruise
LONDON (Reuters) -Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international banks to read the medium term outlook effectively, HSBC Chairman Mark Tucker said on Friday. Speaking at the bank's annual shareholder meeting in London, a day after it was announced he will leave the lender by the end of the year, Tucker said he was confident HSBC can meet targets and deliver another year of healthy returns in 2025.
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1 week ago |
marketscreener.com | Lawrence White |Sinead Cruise
LONDON (Reuters) -NatWest reported a forecast-beating 36% rise in first-quarter profit on Friday, thanks to healthier margins on deposits and higher loan balances, enabling the lender to upgrade a key return target despite rising economic uncertainty. The results come as the British lender prepares to return fully to private ownership for the first time since its state rescue at the height of the 2008 financial crisis.
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1 week ago |
money.usnews.com | Lawrence White |Sinead Cruise
By Lawrence White and Sinead CruiseLONDON (Reuters) -Barclays booked a stronger than expected 19% increase in first-quarter profit on Wednesday, as trading activity surged in the early months of U.S. President Donald Trump's tenure and the bank made progress on boosting its share of the lucrative UK lending market.
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2 weeks ago |
money.usnews.com | Sinead Cruise |Lawrence White
By Sinead Cruise and Lawrence WhiteLONDON (Reuters) -Britain's banking stability watchdog has not yet seen reason to require banks to report daily liquidity levels despite the market chaos unleashed by U.S. President Donald Trump's tariffs, Prudential Regulation Authority CEO Sam Woods told a hearing of lawmakers on Tuesday. "What we've done is step up monitoring of the firms, which we always do in these situations.
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2 weeks ago |
money.usnews.com | Selena Li |Lawrence White |Sinead Cruise
ReutersFILE PHOTO: The HSBC bank is seen in the financial district of Canary Wharf in London, Britain, July 13, 2017. REUTERS/Kevin Coombs/File PhotoBy Selena Li, Lawrence White and Sinead CruiseHONG KONG/LONDON (Reuters) -HSBC warned that loan demand and credit quality could suffer from the broader fallout of U.S. President Donald Trump's global trade war, signalling tougher times for trade-focused banks even as the lender's first quarter profit beat forecasts.
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2 weeks ago |
marketscreener.com | Lawrence White |Sinead Cruise
LONDON (Reuters) -Barclays booked a stronger than expected 19% increase in first-quarter profit on Wednesday, as trading activity surged in the early months of U.S. President Donald Trump's tenure and the bank made progress on boosting its share of the lucrative UK lending market. The British bank's profit before tax for January-March was 2.7 billion pounds ($3.62 billion), up from 2.3 billion a year ago and above analysts' forecasts for 2.5 billion, according to LSEG data.
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2 weeks ago |
kfgo.com | Lawrence White |Sinead Cruise
By Lawrence White and Sinead CruiseLONDON (Reuters) -Barclays said on Wednesday its first-quarter profit rose a better-than-expected 19%, as frenzied trading activity in the first three months of the year boosted investment banking revenue. The British bank reported profit before tax for January-March of 2.7 billion pounds ($3.62 billion), up from 2.3 billion pounds a year ago and above analysts’ forecasts for 2.5 billion pounds, according to LSEG data.