Questions for Barclays over Staley Epstein links, says ISS

17th Apr 2023 15:56

(Sharecast News) - An influential shareholder advisory group has recommended that the board of Barclays be re-elected, but with the caveat that it should face questions about its decision to back former boss Jes Staley despite his links to the dead paedophile Jeffrey Epstein

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Barclays to cut around 100 roles in investment banking - reports

17th Apr 2023 11:16

(Sharecast News) - Barclays will reportedly cut about 100 roles in its investment banking group, as the slowdown in dealmaking and capital-markets businesses continues.

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Sector movers: Banks pace gains

14th Apr 2023 17:51

(Sharecast News) - Bank shares paced gains at the end of the week amid a raft of well-received sector earnings on the other side of the Atlantic and due to the possibility of further rate hikes in both the US and UK.

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Investors urged to vote against Barclays pay proposals

6th Apr 2023 12:35

(Sharecast News) - Glass Lewis, the US proxy advisor, has recommended shareholders vote against Barclays' pay proposals for its top executives.

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BoE hikes by 25bp, says inflation likely to fall sharply over rest of 2023

23rd Mar 2023 10:14

(Sharecast News) - The Bank of England went ahead and raised rates as expected, saying that global growth was expected to be stronger than anticipated in the February Monetary Policy Report.

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Credit Suisse shares plunge as SNB rules out further support

15th Mar 2023 11:40

(Sharecast News) - Shares in Credit Suisse plunged to a record low on Wednesday, after a key investor ruled out providing further capital.

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Citi reiterates 'buy' rating on four UK bank stocks

10th Mar 2023 13:38

(Sharecast News) - Citi reiterated its 'buy' rating on Lloyds, NatWest, Barclays and Virgin Money on Friday.

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Barclays profits fall 14% on bad debt charges, US over-issuance error

15th Feb 2023 07:02

(Sharecast News) - Barclays Bank said annual profits fell 14%, driven by poor performance at its investment unit, a rise in debt impairment provisions and the costs of a massive trading error in the US.

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Wednesday preview: US retail sales, Barclays in the spotlight

14th Feb 2023 10:09

(Sharecast News) - The market spotlight in the middle of the week will continue to be on the US, where a raft of activity indicators were due out.

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Barclays in row over Tech Nation staff

10th Feb 2023 12:11

(Sharecast News) - Banking giant Barclays has come head-to-head with Tech Nation over whether or not it should be forced to absorb dozens of staff under regulations designed to protect workers when their employer is taken over.

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Barclays expands flexible banking format

30th Jan 2023 12:25

(Sharecast News) - Barclays expanded its flexible banking formats strategy on Monday as the lender looks to evolve its physical footprint in response to "changing customer needs".

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John Kingman named Barclays UK chair

23rd Jan 2023 09:50

(Sharecast News) - Barclays has named John Kingman, a former senior Treasury official, as chair of its UK bank.

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Berenberg says concerns around Barclays's investment bank revenues and credit card losses excessive

23rd Jan 2023 09:20

(Sharecast News) - Analysts at Berenberg reiterated their 'buy' recommendation for shares of Barclays, pointing to the outlook for the lender's returns on tangible equity and low valuation versus peers.

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JPMorgan upgrades Barclays, downgrades Lloyds

6th Dec 2022 08:53

(Sharecast News) - JPMorgan Cazenove rejigged its ratings on UK and European bank stocks on Tuesday as it turned more cautious on the sector relative to consensus, arguing that slower economic growth will weigh on sentiment.

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PSR fines Barclays for failure to comply with interchange fee regulation

1st Dec 2022 13:07

(Sharecast News) - The Payment Systems Regulator has fined banking giant Barclays for failing to provide retailers with full information regarding the costs of its card services.

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