Are Standard Chartered and NatWest shares a buy for me now?
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FTSE 100 banks have consistently shown an earnings jump. The trend started off with
HSBC and then
Standard Chartered shares: the biggest FTSE 100 gainers
Standard Chartered shares are the biggest FTSE 100 gainers in today’s trading so far, with a huge 7.2% jump in price. The Asia-focused bank reported a 113% rise in profits in the first quarter of 2021 compared to Q1 2020. At $1.1bn, the number is also a huge improvement over the loss suffered in the last quarter.
US$12.3 TRILLION out of thin air…
And if you click here we’ll show you something that could be key to unlocking 5G’s full potential.
This article is more than 1 month old
The CEOâs best policy is to ignore the noise. The decluttering demerger plan looks solid and is backed by shareholders
An employee works on the Covid vaccine packing line at the GlaxoSmithKline in Wavre, Belgium. Photograph: AFP/Getty
An employee works on the Covid vaccine packing line at the GlaxoSmithKline in Wavre, Belgium. Photograph: AFP/Getty
Wed 28 Apr 2021 14.11 EDT
Last modified on Wed 28 Apr 2021 23.37 EDT
It was not a knockout quarter to put Elliott Management, the big, aggressive and newly arrived US activist hedge fund, back in its box. GlaxoSmithKlineâs revenues fell 18% as patients, sensibly, delayed their GSK shingles vaccinations so they could be jabbed with other peopleâs anti-Covid juice.
Why the Barclays share is my FTSE 100 banking pick
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FTSE 100 banks have recovered faster than others.
Barclays (LSE: BARC) is one of the better recoverers. The Barclays share price is well past the pre-market crash levels, and is now at levels last seen in 2019.
By comparison, it’s FTSE 100 peer
Lloyds Bank is struggling to get back to early 2020 levels. So are other banks, like
Natwest and
Standard Chartered, for that matter.
US$12.3 TRILLION out of thin air…
And if you click here we’ll show you something that could be key to unlocking 5G’s full potential.
The demise of Greensill: Another expression of financial rot and decay
The demise of the financial firm Greensill Capital, which is set to be taken into administration, is further evidence of the fact that, notwithstanding all talk of the need for greater prudential regulation, rampant speculation within the global financial system continues unabated.
Lex Greensill (Source: Greensill Capital)
Two years ago Greensill, which began operations in 2011 by financing global supply chains, was estimated to have a value of $4 billion. Currently in discussions over its winding up with Apollo Global Management, its value is estimated to be around $100 million, according to the