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DARK SECRETS: 4 | Vintage Vibes

Barclays profits surge to £6.1 billion as investment bank cashes in on market deals

The profit uplift helped to offset the banking group setting aside £1.4 billion to cover bad debts

The Independent UK · Jul 28

Barclays profits surge 17% as investment bank income rises to £8bn

The profit uplift helped to offset the banking group setting aside £1.4 billion to cover bad debts.

Evening Standard · Jul 28

GSK invests £400m to move research centre to Cambridge as Burnham praises ‘vote of confidence’ in UK - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Jul 28

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Stocks jump as US-Iran pause sees oil price fall

The US held fire at the weekend after 13 days of attacks on sites in Iran.

Evening Standard · Jul 27

Bond investors, unsure about Fed policy outlook, hedge against US rate shock

As U.S. interest rates continue to rise, bond investors are taking proactive measures to protect their portfolios. The surge in demand for swaptions, which yield profits from increased borrowing costs, highlights growing apprehensions regarding Federal Reserve policies and ongoing inflation. Investors are strategically hedging against possible spikes in 10-year swap…

The Economic Times · Jul 27

Palestine Action Activists Could Be Sentenced as 'Terrorists' Over £212,000 Barclays Bank Damage

Five Palestinian activists face potential terrorism charges for a protest at Barclays, despite no such charge during their trial.

International Business Times UK · Jul 27

Palestine Action activists who vandalised Barclays bank could be jailed as terrorists

Five activists were convicted of criminal damage after causing £200,000 worth of damage to a Barclays branch

The Independent UK · Jul 27

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Five Palestine Action activists could face sentencing as terrorists

A GROUP of Palestine Action activists could be sentenced as terrorists after a protest that caused more than £200,000 worth of damages, it has…

The National (Scotland) · Jul 27

Palestine Action activists face being sentenced as terrorists over bank damage

Exclusive: Judge intends to consider ‘terrorist connection’ after convicting five for damage to Barclays in Burnley

The Guardian - UK · Jul 27

How will UK banks and their customers be affected by the Iran war?

Barclays, Lloyds Banking Group and NatWest will report their half-year results on Tuesday, Thursday and Friday respectively.

Evening Standard · Jul 24

UK mortgage deals rise again as average two-year deal hits 5.5%

Inflation expectations and renewed hostilities have seen mortgage prices rise once more

The Independent UK · Jul 24

Former Barclays CEO Jes Staley faces US congressional panel over Epstein ties

Staley is latest high-profile figure to testify before House amid investigation into Epstein, convicted sex offender

The Guardian - US · Jul 23

First Thing: US agrees Saudi uranium deal as strikes on Iran continue and Yemen’s Houthis hit tankers

Conflict continues across the region as White House announces nuclear technology agreement. Plus, the artist who flattened a Tesla with a tank

The Guardian - UK · Jul 23

US senator accuses Barclays of ‘failure’ to investigate ex-CEO’s ties to Epstein

Exclusive: Elizabeth Warren claims bank did not ‘meaningfully investigate’ Jes Staley’s links with sex offender

The Guardian - UK · Jul 23

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Barchart · Jul 21

Barclays Just Upgraded CarMax Stock. Here's Why.

CarMax stock extends gains as Barclays lifts rating to Equal Weight. But caution is warranted in playing KMX shares at current levels.

Benzinga · Jul 21

Micron Stock Has 66% Upside As Open‑Source AI Models Guzzle Memory, BofA Says

The rise of cheap, open-source Chinese AI models was supposed to be a threat to the companies that sell expensive memory chips.

T3 · Jul 21

There's now a Samsung Galaxy credit card with some interesting perks – here's what you get

So there was another Samsung Galaxy product being launched this week, after all

The Economic Times · Jul 21

Samsung Galaxy Card launches in the US to take on Apple Card: 5% cash back, $200 bonus, no annual fee

Samsung Galaxy Card reward: Samsung has launched its first branded credit card, the Samsung Galaxy Card, in the United States. This new Visa card, developed with Barclays, offers cashback rewards on Samsung purchases and everyday spending. Cardholders can earn up to five percent cashback on eligible Samsung purchases and three…

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Tom’s Guide · Jul 20

Samsung Galaxy Card takes aim at Apple Card with way more perks and rewards — here’s what you get

Samsung's new Barclays-issued Galaxy Card aims to challenge the Apple Card by offering loyalists 5% cash back on direct brand purchases and 3% on all mobile wallet transactions.

Barchart · Jul 20

Stocks Pressured as Middle East Hostilities Boost Inflation Risks

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.04%. September E-mini S&P futures (ESU26 ) fell -0.20%, and September E-mini Nasdaq futures...

Barchart · Jul 20

Lumentum Just Scored a New Upgrade. Here's What to Know.

Lumentum stock rallies as Barclays upgrades it to 'Overweight.' Here’s why analyst Tom O’Malley recommends owning LITE shares.

Barchart · Jul 20

Broader Market Boosted by Chipmaker Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.51%. September E-mini S&P futures (ESU26 ) are up +0.20%, and September E-mini Nasdaq futures...

Barchart · Jul 20

Stocks Edge Higher as Chipmakers Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.46%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.86%. September E-mini S&P futures (ESU26 ) are up +0.43%, and September E-mini Nasdaq futures...

The Economic Times · Jul 20

Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rush

Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships are being forged. Demand from non-resident Indians remains strong, especially from the Middle East. Lenders are intensifying outreach efforts to attract more overseas funds. Mobilisation is expected to accelerate closer to…

The Guardian - UK · Jul 19

Pay gap widens as UK bosses get 130 times average worker’s salary

In its final report the High Pay Centre says the median remuneration of a FTSE 100 CEO has risen to a record £5.06m

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