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Barclays (BARC) Share News

PRESS: Barclays eyes dropping quarter of investment bank clients - FT

28th Nov 2023 08:52

(Alliance News) - Barclays PLC is exploring the possibility of dropping thousands of its investment bank clients - a quarter of its total - amid a strategic overhaul to bolster its bottom line and cut GBP1 billion of costs, the Financial Times reported on Tuesday. Read More

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

28th Nov 2023 07:42

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100. Read More

UPDATE: Metro Bank negotiating sale of mortgage book to Barclays - Sky

27th Nov 2023 17:16

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse. Read More

PRESS: Metro Bank negotiating sale of mortgage book to Barclays - Sky

27th Nov 2023 13:26

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse. Read More

IN BRIEF: Argo Blockchain hires former CBOE Digital chief to be CEO

27th Nov 2023 12:54

Argo Blockchain PLC - London-based cryptocurrency miner - Hires Thomas Chippas as chief executive officer and board member, starting immediately. New York-based Chippas most recently was CEO of CBOE Digital, a crypto trading and clearing firm that is part of Cboe Global Markets Group. He also was CEO of Citadel Technology LLC and worked at financial firms Citigroup Inc, Barclays PLC and Deutsche Bank AG. "The pace of innovation in the bitcoin mining industry continues to increase as miners seek ever greater efficiency and capacity in preparation for the bitcoin halving and beyond," Chippas says. Read More

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

27th Nov 2023 09:20

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

26th Nov 2023 09:49

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday. Read More

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

24th Nov 2023 16:56

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher. Read More

LONDON MARKET MIDDAY: Stocks edge lower in quiet Thanksgiving trade

24th Nov 2023 11:42

(Alliance News) - Stock prices in London were down midday on Friday, in a quiet day of trade as the Thanksgiving holiday saw global markets "hit the snooze button." Read More

PRESS: Barclays works on plan to cut 2,000 back office jobs - Reuters

24th Nov 2023 09:20

(Alliance News) - Barclays PLC is working on restructuring plans that could involve cutting as many as 2,000 jobs to save GBP1 billion, Reuters reported on Thursday. Read More

Greencore signs new GBP350 million sustainability-linked facility

23rd Nov 2023 11:28

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility. Read More

Banks accused of 'lack of transparency' over green finance activities

21st Nov 2023 06:24

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities. Read More

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

17th Nov 2023 09:55

(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday. Read More

LONDON MARKET OPEN: FTSE 100 climbs as focus turns to US nonfarms

3rd Nov 2023 08:43

(Alliance News) - Stock prices in London opened on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains. Read More

LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

27th Oct 2023 17:08

(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading. Read More

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

27th Oct 2023 12:06

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price. Read More

NatWest shares fall as cuts outlook amid "hugely damaging" Farage case

27th Oct 2023 11:22

(Alliance News) - NatWest Group PLC shares unsurprisingly came under pressure on Friday, after it downgraded its net interest margin guidance, and reported a damning verdict on its handling of the closure of Nigel Farage's Coutts bank account. Read More

LONDON MARKET OPEN: NatWest trims outlook and admits Farage "failings"

27th Oct 2023 09:12

(Alliance News) - London's FTSE 100 opened slightly lower on Friday, as banking stocks weighed on the index, with NatWest the worst of the lot after admitting to "serious failings" following a review of the controversial closure of UK politician Nigel Farage's Coutts account. Read More

Lloyds Banking offers "comfort" as maintains net interest margin guide

25th Oct 2023 11:35

(Alliance News) - Lloyds Banking Group PLC stuck to its margin guidance on Wednesday, soothing some investor worry after Barclays PLC cut its outlook, though the lender's third-quarter results were still something of a mixed bag. Read More

LONDON BROKER RATINGS: Barclays cuts Mondi; Jefferies ups AB Dynamics

25th Oct 2023 09:38

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More

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