Weekly market commentary: NatWest shortcomings, mixed US Corporate results

TEAM Asset Management’s global weekly market review for week commencing 23rd October. TEAM Asset Management is a Jersey-based independent asset management company of AIM-listed parent, TEAM plc (LON:TEAM).

UK banks reported their third quarter outcomes which have had many investors scurrying for the exit.  NatWest Group was the standout with its shares falling 15% on the day of its announcement.  It guided its annual net interest income margin lower for 2023 as depositors are now being rewarded with more interest. 

TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Team plc

More articles like this

Team plc

Reasons to invest in Energy:

Cold Weather Boost: Natural gas prices and shares thrive in severe winter weather, with recent snowstorms raising gas prices. It’s getting cold out there. “There are some hints towards the middle of January that we could

Team plc

TEAM looks east with latest acquisition

TEAM Plc has acquired the entire issued share capital of Neba Wealth and Singapore-based Neba Financial Solutions Private in a deal worth around £1.2m. This will result in the creation of a new division called TEAM

Team plc

Team plc acquires Jersey based financial planning business

Team plc, the wealth, asset management and complementary financial services group, has acquired Homebuyer Financial Services Limited (HBFS), a Jersey based financial planning business. Team acquired the entire issued share capital of HBFS for the total

Team plc

TEAM plc acquires third Jersey-based financial planning business HBFS

TEAM plc (LON:TEAM), the wealth, asset management and complementary financial services group, has announced that it has exchanged contracts to acquire the entire issued share capital of Homebuyer Financial Services Limited (“HBFS”), a Jersey based financial planning business, for total