Santander to close a fifth of UK branches as more customers choose online banking
Santander will close 140 branches, leading to about 840 redundancies
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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Metro Bank shares slump as 2018 profits miss expectations
Chief executive Craig Donaldson said 2018 was another strong year of growth for Metro Bank
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FTSE 100 closes in the red as global market unease continues
Britain's blue-chip index closed over 58 points lower at 6,642, while the FTSE 250 was also down
Investments and investor services
FTSE 100 nudges lower at close as China growth worries hit stocks
The UK's blue-chip index finished down nearly seven points at 6,96, while FTSE 250 was also lower
Deutsche Bank downgrades HSBC to 'sell', prefers Barclays, RBS and Lloyds
Deutsche Bank’s top picks in order of preference are Barclays, RBS and Lloyds
Deutsche Bank cuts target price on Lloyds, Barclays and RBS after 'annus horribilis'
“Our house view does not factor a recession until late-2020 although there are a number of geopolitical risks that could derail this - including the US-China trade war, Brexit, and Italy," Deutsche Bank said
Investments and investor services
FTSE 100 closes in red but nudges higher on the week; housebuilders gain on day
The UK blue-chip benchmark closed down around 24 points at 6,918, while FTSE 250 added nearly 107 points on the day
Barclays up as media reports say activist investor to push for shareholder vote on bank’s leadership
In a letter to shareholders, Edward Bramson said: “It seems increasingly likely that, for any progress to be made on our concerns, we will be required to seek a shareholder vote to make changes in the composition of the board”
Lloyds, RBS and Barclays hung up on Brexit dilemma
If the markets are right, Britain’s big four banks are in for a rough ride in 2019
Barclays fined US$15mln by US authorities over attempts to unmask whistleblower
The New York regulator said the bank had “shortcomings in governance, controls and corporate culture relating to Barclays’ whistleblowing function”.
UK banks could raise dividends and buybacks, UBS suggests after stress test results
The Bank of England on Wednesday said all seven British banks and building societies passed could handle a 'disorderly Brexit'
Lloyds, RBS, Barclays and other UK banks pass tough 2018 stress test ahead of Brexit
In the 2018 scenario, UK GDP falls by 4.7%, the UK unemployment rate rises to 9.5%, UK residential property prices fall by 33% and UK commercial real estate prices fall by 40%
FTSE 100 closes lower after another day of unease on Brexit and trade
The UK's premier blue-chip index closed down around 12 points at 7,004
Morgan Stanley cuts price targets for RBS and Barclays, maintains stance on Lloyds
Morgan Stanley analysts expect the Bank of England to raise interest rates by 50bps in 2019 and another 75bps in 2020
Black Friday purchases up on last year but customers spending less, says Barclaycard
Retailers are hoping customers spend enough over Black Friday, Cyber Monday and Christmas to boost sales after a difficult year
Barclays and BP dividends boost total UK payouts in third quarter, investment report reveals
Barclays was the biggest contributor to dividends in the banking sector, while the quarter also saw the first declared increased from BP since 2014 in US dollar terms
Lloyds, RBS and Barclays shares drop as Theresa May faces no confidence vote over Brexit deal
“Lower interest rate hike expectations, coupled with the fear that a no-deal Brexit could bring chaos to trade, are raising worries over the performance of UK banks going forward,” said IG market analyst Joshua Mahony
Virgin Money's new owner CYBG cans deal with former Barclays boss Antony Jenkins
CYBG canned the long-term deal with Jenkins's fintech start-up 10X Future Technologies following its £1.7bn takeover of Virgin Money in September
Barclays' senior duo to meet with activist Bramson
Sheborne Investors, Bramson’s vehicle, has a 5.4% stake in Barclays
Marcus by Goldman Sachs signs up 100K UK customers since September launch
“We must be one of the fastest growing banks in the UK right now," according to Des McDaid, managing director of Marcus.