FTSE 100 drops 1.26% as political turmoil in Europe hits
In the current markets, the pound fell 0.49% against the US dollar at 1.1472..
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.
867 stories · page 25 of 44
Standard Chartered higher on report Barclays considering possible merger with rival lender
The Financial Times said Barclays' senior board members were exploring a deal with another bank and that chairman John McFarlane was keen on the idea of a possible combination with Standard Chartered
Investments and investor services
FTSE 100 closes firmly in red as resource stocks suffer
Global markets are in the red after Donald Trump said he was not happy with the progress of talks with China.
Barclays says SFO charges regarding the bank's capital raising in 2008 dismissed by UK Crown Court
The SFO filed criminal charges in June 2017 against the lender and four of its former top executives for their handling of Middle Eastern investments that helped save the bank at the height of the financial crisis
Barclays reportedly urged to slim down its investment banking arm by activist investor
According to Reuters, Bramson wants Barclays to get shot of the non-profitable parts of the investment banking business but others argue that the bank needs to maintain a full-service offering
Lloyds to sell Irish residential mortgage portfolio to Barclays
Lloyds will make a pre-tax loss of £110mln on the sale of the portfolio, which will be recognised in its first half results
Banks lead global dividend growth but Brexit plagues Lloyds, RBS and Barclays, says investor
“UK banks are not a focus for us because of UK consumer weakness and corporate spending concerns sparked by Brexit," said Martin Currie's Mark Whitehead
Morgan Stanley upgrades UK equities to ‘overweight’ despite Brexit uncertainty
Equities should benefit from higher commodity prices and rising corporate activity, Morgan Stanley said.
Barclays boss Jes Staley fined £642,430 for trying to unmask whistleblower
Barclays will need to provide regulators with annual updates on its policies for handling whistleblowing.
British challenger banks rise as CYBG’s £1.6bn bid for Virgin Money sparks talk of ‘inevitable consolidation’
Challenger banks have managed to take some customers away from the big players, but analysts reckon they might have to gang up if they’re to pose a more serious problem for Barclays, RBS and co
Barclays plans further dividend hikes as it focuses on improving earnings
Barclays will determine an adjustment to the pay of chief executive Jes Staley once regulators complete a review into his conduct after trying to unmask a whistleblower
RBS shares fall as analysts raise concerns about looming US misconduct fine
The bank's outlook continues to be overshadowed by the impending settlement with the US Department of Justice
Archive
RBS first quarter results to be overshadowed by impending US mortgage mis-selling fine
Litigation and conduct costs have held back RBS from resuming dividend payments and returning to private ownership
Barclays joins forces with PayPal amid threat from Amazon and Apple
The partnership between Barclays and PayPal comes amid concerns about competition in the global payments industry from the likes of Amazon and Apple
Barclays posts loss after taking hit from PPI claims and settlement over US fraud case
Litigation and conduct charges included a £1.4bn settlement with the US justice department and £400mln for payment protection insurance claims
Investments and investor services
FTSE 100 closes above 7,420 but gains capped by fall in Shell, US trade deficit in goods drops
Imports in the period fell 2.1%, while exports increased 2.4%
Shire takeover talk will overshadow results after Takeda upped the ante
Takeda on Wednesday increased its offer for Shire up to £46bn or £49 per share.
Investments and investor services
FTSE 100 closes higher, buoyed by hopes for City post-Brexit
FTSE 100 closed around 30 points higher at 7,398 on Minday
Archive
Lloyds, Barclays, RBS, GSK and Shire kick off earnings season for banks and pharmas
The week ahead in includes updates from Lloyds, Barclays, RBS, Shire, GSK, Whitbread, Persimmon and Shell
Barclays CEO Jes Staley to be fined by UK regulators for whistleblowing incident
The UK regulators will not take enforcement action against Barclays but will monitor the bank's whistleblowing programmes