Barclays and other banks hit with fines for using WhatsApp and not keeping records
Between 2018 and 2021, employees at the banks communicated about business matters using applications such as WhatsApp on their personal devices
Company
Barclays (ADR)
LON:BARC
Barclays is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management. It operates through branches, offices and subsidiaries in the United Kingdom and overseas.
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Cap on City bankers' bonuses to be scrapped
Bankers' pay being deregulated at a time when households are struggling due to rising costs of living will provoke outrage in many quarters
Barclays not planning special divi after banking £538mln from South African sale
It banked a total of £538mln from placing the shares with institutional investors
Barclays offers most upside and Lloyds the least but broker sees value in banks
"We are more upbeat and believe banks are much better positioned to cope with the economic storm than the market is giving credit for," said analyst Gary Greenwood
£1bn fintech fund starts to recruit heavy-weight backers
The fund is the result of a government report aimed at tapping into £6trn of pension capital that could help fledgling fintech companies thrive
Barclays shares drop 4% after it guides for higher costs in 2022
An accounting error means Barclays will be forced to rescind billions of dollars of securities in the US market
Barclays shares are “grossly undervalued” says stockbroker
“There is currently 90% upside to our last published fair value of 300p," says ShoreCap, which yesterday also called Lloyd's 'mispriced'.
Barclays ups 2022 cost projections after pre-tax profits slide
Barclays' pre-tax profit fell 32% in the first half of the year, despite growth in income across its businesses
Barclays adds to crypto portfolio with stake in Copper
Digital asset investment platform counts former Chancellor Phillip Hammond as an advisor
Barclays set to make further provision after SEC breach
Barclays Bank Group PLC is expected to report a further charge in its H1 results following the recent disclosure of an SEC breach. The control failure forced the bank to restate its FY21 numbers by £200m and make provisions for Q122 of £320
Barclays hands customer-facing and junior workers £1,200 pay rise
It came just a couple of weeks after Lloyds handed a £1,000 bonus to most of its staff in August
Barclays agrees to buy Kensington Mortgage for £2.3bn
Barclays said it will pay £2.3bn for the lender, conditional on whether its mortgage portfolio reaches a certain valuation by the time it closes the deal
Barclays shares perk up as the bank commences buyback programme
The maximum number of shares that may be repurchased under the scheme is 1,676mln, which implies an average purchase price of 167.6p; Barclays shares currently trade at 163.6p, up 3.7% on the day.
Barclays avoids nearly £2bn in taxes with Luxembourg scheme, claims report
Over the past 12 years, the bank has earned billions of pounds nearly tax-free says the report
Barclays, Rio Tinto and Ocado carry on regardless in face of shareholder concerns
Barclays argued that there was no point restricting finance for oil and gas projects, as companies could finance exploration from their own cash flows
Barclays climate vote opposed by almost a fifth of shareholders
Shareholder groups have called for the bank to "play fair" and formally respond to shareholder concerns within six months, making improvements to its plans
Investments and investor services
Rolls-Royce, Barclays and Tesla among most popular shares to buy for UK investors in April
The top 10 lists contain miners, banks, travel stocks and oil producers
Barclays PLC has target price hiked by Credit Suisse
Target price has now been set at 240p, a 17% increase from 205p
Lloyds Banking and the other banks given the "snog, marry, avoid" treatment
Banking results season is over and with it the usual mass of hard to decode numbers and metrics ... just right then for a simplistic "snog, marry or avoid" analysis
Barclays says most European firms beat profit forecasts with trend to continue
European companies have seen an average growth of 7.7% in their earnings per share, while their US counterparts have grown by 4.3%, compared to last year