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
Company
Barclays PLC
LON:BARC
Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the USA, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs 147,000 people.
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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
Barclays shares rise despite second postponement of share buyback
Barclays has already delayed the buyback once, after dropping a clanger with the sale of structured loan products. Now the SEC is sniffing around.
Barclays' structured finance gaff puts serious dent in first-quarter profits
Despite paying up around £0.5bn to buy back phantom structured and exchange-traded notes that it had mistakenly sold to customers
FTSE 100 closes up as positive earnings surprises offset weak US GDP data and rising risks
The UK blue chip index closed in the green despite mixed news from major companies and an unexpected setback for the US economy
Barclays making hay in forex and credit-default swaps markets after Russian invasion of Ukraine
The cost of insuring Russia’s debt against default for five years increased elevenfold in the first quarter of 2022
Barclays' structured product gaff continues to reverberate
Sky News reports investors want to claw back some of the departing finance director's bonus
Things aren't so bad for Barclays, reckon Credit Suisse analysts
"Despite the fact we prefer retail banking over capital markets trends we see the shares as oversold," the Swiss bank's analysts said
FIVE at FIVE: Scottish Mortgage makes ISA millionaires, Lloyds backed as Barclays bashed, AMC and GameStop bounce back, FTSE 100 climbs and 88 Energy disappoints
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Lloyds Banking 'top pick' but Barclays downgraded as analyst sees worrying signs
Some of the drivers for interest income are expected to "start to turn" in the second half of the year
Barclays bashed as big line of stock is dumped on the market
The banking giant admitted yesterday its share buyback programme would be delayed after it had made a costly error in the structured notes market
Barclays to take £450mln charge, delays buyback
The charge comes after the bank issued more structured and exchange traded notes than it had registered for sale
Barclays freezes ex-CEO Jes Staley's bonus amid probe into links with Epstein
Based on Wednesday’s share price, Staley's share awards are worth nearly £22mln