CYBG Share News (CYBG)

Banks' mortgage approvals rebound from low, BBA data shows

(ShareCast News) - Mortgage approvals from high street banks rebounded slightly in September, according to data from high street banks, after hitting a 19-month low in August. The British Bankers' Association (BBA) revealed mortgage approval numbers in September of 38,252, which was up from 37,241 i

CYBG confirms talks with RBS over Williams & Glyn branches

(ShareCast News) - CYBG, the parent company of Clydesdale and Yorkshire Bank, confirmed that it has proposed a bid for 300 branches under the Williams & Glyn brand from Royal Bank of Scotland. Following reports late on Tuesday, CYBG said in a statement on Wednesday morning that it "has engaged in

TOP NEWS: CYBG Confirms Bid Made For RBS's Williams & Glyn Arm

Clydesdale launches offer for RBS's William & Glyn branches, report says

(ShareCast News) - Clydesdale & Yorkshire Bank parent CYBG has made an offer to buy the 300 Williams & Glyn branches from Royal Bank of Scotland, according to reports. CYBG, which has been rumoured to have begun working on the deal since August, has submitted a formal bid to buy the branches from RB

Credit Suisse sees rising risks for challengers banks Aldermore, Shawbrook

(ShareCast News) - OneSavings Bank received an upgrade but Aldermore and Shawbrook were downgraded by Credit Suisse as it warned the risks facing the UK's challenger banks were "becoming harder to ignore" heading into 2017. Following solid share price recoveries in recent months, the risk-reward for

WINNERS & LOSERS SUMMARY: Wolseley Sold Amid Job Cuts, No Extra Payout

Santander pulls out of Williams & Glyn branch deal with RBS

(ShareCast News) - The Royal Bank of Scotland (RBS) has experienced a further setback in attempting to sell 315 high street branches as Santander pulled out of talks. Santander withdrew from the bid, two people briefed on the process the Financial Times, with one person having pointed to disagreemen

Wednesday broker round-up

(ShareCast News) - Relx: Berenberg reiterates buy with a target price of 1600p. Standard Life: Deutsche Bank reiterates buy, 325p target. Arrow Globalik: Jefferies keeps at buy with a 359p target. Ocado: Exane BNP Paribas downgrades to underperform with a 215p target. SafeCharge: Berenberg stays

CYBG ups medium-term financial guidance

(ShareCast News) - CYBG, the holding company of the Clydesdale and Yorkshire Bank, has hit its targets for the first year since flotation and upped its guidance for loan growth and cost-cutting for the next three years. The FTSE 250 bank said it expects the promised double-digit return on tangible e

Monday broker round-up

(ShareCast News) - Autotrader: Barclays reiterates equal-weight with a target price of 375p. Hikma: Jefferies maintains buy with a 2500p target. Wood Group: Exane BNP Paribas upgrades to buy with a 815p target. Man Group: Citigroup upgrades to buy with a 137p target. McCarthy & Stone: Goldman Sac

BROKER RATINGS SUMMARY UPDATE: Morgan Stanley Ups Schroders, Cuts RBS

DIRECTOR DEALINGS: CYBG Director Fergus Murphy Increases Stake

BROKER RATINGS SUMMARY: Merrill Lynch Upgrades Burberry To Buy

FTSE quarterly review confirms raft of changes to 100 and 250 indices

(ShareCast News) - Hikma Pharmaceuticals' promotion to the FTSE 100 index was confirmed after the latest quarterly review was announced overnight, while demoted blue chip Inmarsat was joined in the FTSE 250 by three recently floated finance groups CYBG, CMC Markets and Metro Bank plus several others

Hikma Pharmaceuticals Rejoins FTSE 100, Smurfit Kappa Joins FTSE 250