Markets were in risk-off mode on Monday morning as fears over the Eurozone debt crisis resurfaced after a deal to bail out Cyprus sparked a run on banks across the country.
[18 Mar '13]Nomura has reviewed its ratings in the UK banking sector, reiterating its preference for emerging markets-focused lenders HSBC and Standard Chartered, both rated 'buy'.
[18 Mar '13]Fears of a bank run in Cyprus and contagion across the wider Eurozone sparked a mass sell-off on European stock markets on Monday, as the Eurozone debt crisis rears its ugly head once again.
[18 Mar '13]Amara Mining: After having been under review, Cantor Fitzgerald reinitiates coverage with a price target of 81p and a buy recommendation.
[14 Mar '13]The FTSE 100 breached the psychological barrier of 6,500 on Monday afternoon, hitting fresh five-year highs, though gains were only slight given a barrage of mixed economic data released earlier in the session.
[11 Mar '13]Barclays and RBS were both in the biggest fallers after the Parliamentary Commission on Banking Standards called for British banks to be forced to divide its routine retail operations from investment operations. The panel is looking for ways to bring about banking reform as part of the Banking Reform Bill, which is set to be debated in parliament at the start of next week.
[11 Mar '13]The FTSE 100 registered its highest closing price in over five years on Friday after a key indicator of the US labour market smashed expectations.
[8 Mar '13]Strong economic data from the States pushed markets higher on Friday, with the banks benefitting from the bullish mood.
[8 Mar '13]