Barclays slumps as third quarter profit rises but investment bank struggles
Barclays is separating its UK division from the group to meet ring-fencing reforms
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 higher as sterling weakens against US dollar; Barclays plunges
The UK blue chip index closed down over 39 points at 7.486.
PPI provision worries might be fading, but loan impairments still rising at Lloyds Banking Group
Michael Hewson, chief market analyst at CMC Markets UK pointed out that, while leaving its PPI provisions unchanged, Lloyds increased its impairment provision in the third quarter to £270mln, which was slightly above what markets had been e
Barclays is next up in this week’s UK banking procession
Much like Lloyds, Barclays has had to set aside provisions for PPI claims.
Barclays shares rise on Berenberg upgrade, Trump tax cut plans
Barclays has the "most attractive" UK business among its peers, according to Berenberg
Lloyds, Barclays and RBS under the microscope with release of third quarter earnings
The week ahead includes third quarter earnings from Lloyds, Barclays and RBS along with trading updates from Shire, IAG and GSK
ASOS in fashion as HSBC upgrades its stance to 'buy' from 'hold' following recent results
A look at some of the biggest risers and fallers today in London
Amanda Staveley reportedly eyeing up US$400mln bid for Newcastle United
Current owner Mike Ashley put the club up for sale earlier this week and is thought to want more than US$500mln
Virgin Money shares gain as it reports growth in third quarter mortgage and credit card lending
Virgin Money expects to reach its target of £3bn in card card balances by the end of 2017 as consumer lending in the UK continues to boom
Hargreaves Lansdown to be chief beneficiary of fallout from problems at Barclays, say analysts
Hargreaves Lansdown's plans to launch cash management service, Active Savings, could be a "game changer", said Shore Capital's Paul McGinnis
RBS and Lloyds boosted by Credit Suisse upgrades with 'soft' Brexit expected
Credit Suisse believes there is “too much pessimism” about UK lenders and expects a 'soft' Brexit
Barclays Stockbrokers' customers hit by more woe as dividends are paid weeks late
“The last of the delayed payments will be made by 12 October after which our customers should not see any further delays,” said the bank
FTSE 100 closes up but optimism not "particularly high"
FTSE 100 ended in positive territory, having been lower earlier,..
Royal Bank of Scotland and Lloyds Banking Group boosted by American investment bank's interest rate call
Already the mood music from the Bank of England has led to a steepening of the yield curve
FTSE 100 closes lower at 7,301 as pound eases against US dollar
FTSE 100 closed 9.35 lower at 7,301 and the FTSE 250 added over 49 points at 19,566
Barclays' whistleblowing head to leave the bank as regulators continue to probe CEO
Barclays' chief executive Jes Staley has been questioned again by regulators over his attempts to unmask a whistleblower earlier this year
Virgin Money boss warns on threat of cheap loans to mark anniversary of Northern Rock collapse
Lloyds and Barclays are the most exposed to the risks facing the rapid growth in consumer credit, according to Societe Generale
Lloyds most complained about bank in first half, Financial Ombudsman reveals
Lloyds and its units received 38,609 complaints during the first half, according to the Financial Ombudsman Service
Investments and investor services
FTSE 100 pares losses to close modestly lower
The FTSE 100 traded in a narrow band all day, finishing 5 points lower at 7,319
Lloyds rated 'buy' at UBS despite its results failing to ignite shares
UBS notes that second quarter numbers for UK banks beat market consensus by 13%,