Activist investor Sherborne becomes fourth largest shareholder in Barclays
“As with all its shareholders, Barclays will continue to engage with Sherborne, and welcomes them as a shareholder,” the bank said
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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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“As with all its shareholders, Barclays will continue to engage with Sherborne, and welcomes them as a shareholder,” the bank said
Investments and investor services
FTSE 100 closed down 121 points at 7,042, joining other European benchmarks, which saw red
David Lock, Deutsche analyst, in a note, said the bank sent a strong statement of confidence with its dividend and promises of buy-backs
Shares are up almost 24% in late trading, last priced at 5.2 cents.
Investments and investor services
Britain's blue-chip benchmark closed down over nine points, or 0.13% to 7,214..
Investments and investor services
Capita will be a focus on Thursday, others include Bovis House, Cobham, and National Express.
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Day ahead includes a welter of blue chip results from the likes of Standard Chartered PLC, Persimmon PLC, Direct Line Group, and GKN PLC
Investments and investor services
The FTSE 100 was dragged lower by falls in the Royal Bank of Scotland and British Airways owner IAG
The bank has made progress in tackling the PPI saga but legacy issues remain
Barclays plans to restore its dividend in 2018 back to levels before it was cut two years ago
Investments and investor services
In London, the FTSE 100 closed down around 29 points at 7,252
This is the second contract with Royal Bank of Canada, one of the world’s largest banks.
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Day ahead includes a swathe of FTSE 100 results, including from the likes of Barclays PLC, British American Tobacco PLC, BAE Systems PLC, and Centrica PLC
Investments and investor services
The premier UK share index closed up around 24 points at 7,281.
Investments and investor services
The minister responsible for Britain's exit from the EU, David Davis said the UK would lead a “global race to the top"
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Day ahead includes the start of the UK banks reporting season with full-year numbers from HSBC Holdings PLC, plus finals from InterContinental Hotels Group PLC, and interims from Dunlem Group PLC
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Week ahead includes a deluge of blue chip results, notably from the banking sector, including numbers from HSBC PLC, Barclays PLC, Lloyds Banking Group PLC, and Royal Bank of Scotland PLC
Britain’s Serious Fraud Office charged the lender with unlawful financial assistance
Investments and investor services
The index of blue-chip shares eased off a little in the final half-hour
The company's total platform base as at January 30, 2018 was 39,000.