Lloyds and Barclays among worst performers in EU stress test
All 48 lenders passed the European Banking Authority’s test that sought to identify any capital holes but Lloyds and Barclays were the unexpected laggards
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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FTSE 100 closes marginally higher as European indices lag; US mid-terms in focus
FTSE 100 closed marginally higher but mid-cap cousin FTSE 250 plunged nearly ten points.
Barclays confirms appointment of Rothschild veteran Higgins as chairman
Nigel Higgins, who is deputy chairman of Rothschlid & Co., will take over as chairman when John McFarlane steps down after the bank’s annual meeting in May 2019
FTSE 100 can't hold onto gains and closes in red as Wall Street shares drag
The FTSE 250 fared much better though, adding almost 154 points on the day to close at 19,325
HSBC, Lloyds, RBS and Barclays tighten lending standards ahead of Brexit
Consumers are relatively cautious in their borrowing while lenders have become warier about advancing unsecured credit, according to EY Item Club's Howard Archer
RBS shares gain as Barclays and Deutsche Bank maintain 'buy' rating
“Focus is on how quickly RBS can return surplus capital; we now factor special dividends in addition to directed buybacks,” Barclays said
Barclays not to face criminal charges over emergency fundraising after High Court denies SFOs application to reinstate
The SFO were pushing to reinstate the charges that alleged the bank conspired to commit fraud and the provision of unlawful financial assistance, connected to a deal with Qatar Holding and Challenger Universal in June and October 2008
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UK Budget, BoE, US jobs data to sandwich flood of corporate updates from likes of BP and Shell
Aside from the oil majors, the slew of blue-chip updates due in the coming week will include global banks HSBC and Standard Chartered, and drugs firms GlaxoSmithKlne and Shire
FTSE 100 closes off lows but shoulders drop as US stocks plunge with tech disappointments
At the close, the UK blue-chip index was down 64.54 points, or 0.9% at 6,939.56, albeit bouncing off the hefty session low of 6,851.59 having spent all day heavily in the red
UBS upgrades CYBG but still prefers large-cap banks Lloyds, RBS and Barclays
UBS sees better risk / reward at Lloyds, Barclays and RBS
FTSE 100 closes at session peak after strong rebound in tandem with US stocks
At the close, the UK blue chip index was 41.12 points higher at 7,004.10, the session peak, and well above the early low of 6,995.99
Investments and investor services
Nasdaq routed by tech selloff as Dow and rest of Wall Street end sharply lower across the board
Brief boost to Dow from sterling Boeing results fade in late trade as stocks were pummeled across the board
Barclays profits dragged lower by litigation and misconduct charges
The under-pressure investment bank delivered a 9% increase in pre-tax profit while income was broadly flat
Investments and investor services
FTSE 100 keeps nose above water to finish in positive territory
Footsie finished Wednesday nearly eight points higher at 6,962.
SFO presses to have criminal charges reinstated against Barclays over financial crisis fundraising
Arguments for whether charges should be brought against Barclays will be heard in the High Court this week
Investments and investor services
Barclays treading water as activist investor pressure builds
The third quarter banking results season is upon us and Barclays is set to open the batting, more in the style of Keaton Jennings than Alastair Cook, according to many pundits
Shares in FTSE 100 banks including Lloyds, RBS and Barclays remain under pressure
“RBS has been the best of a bad lot, with Standard Chartered, perhaps weighed down by concerns over its emerging markets, the worst of the FTSE 100’s Big Five, in share price terms,” said AJ Bell investment director Russ Mould
FTSE 100 finishes lower as trade worries rear their head again
The UK's premier index of leading shares closed down seven points, or 0.10% at 7,042
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Third-quarter updates from Barclays, Lloyds Banking Group, and RBS all due in coming week
Aside from the banking trio, updates are also due in the week ahead from the likes of WPP, Whitbread, International Airlines Group, Ryanair, Glencore and Antofagasta
UBS prefers Barclays, Lloyds and RBS despite worries about Brexit uncertainty
UBS said Barclays is its top pick of European banks