Lloyds rebuffs another Telegraph bid from Barclays brothers

Lloyds Banking Group PLC (LSE:LLOY) has rebuffed another £1 billion Abu Dhabi-backed attempt by the Barclay family to reclaim the Telegraph Group, according to a Financial Times report published on...

Barclays CEO FULL for digital

Barclays Plc Chief Executive Officer C.S. Venkatakrishnan discusses the London-based lender's financial results, state of its businesses, cost-cutting measures and and its businesses in Asia.

Dirt cheap: Distressed office buildings likely to fetch only cost of land, Barclays says

The full toll of the Federal Reserve's rate hikes on office buildings emptied by the pandemic isn't yet being felt, according to Barclays.

Macro hedge funds turn bearish on equities - Barclays

Global macro hedge funds are now bearish on equities, leaving behind bullish bets which were part of their strategy for most of the year, while commodity trend advisers (CTAs) increased their short...

HSBC Stock Up as Q3 Pre-Tax Earnings Jump on Higher Revenues

Higher revenues driven by an increase in net interest income support HSBC Holdings (HSBC) Q3 pre-tax earnings.

Barclays: Buy Rating Retained, Conviction Lowered

Barclays delivered a second consecutive quarterly update that rattled the market. Comfort regarding the net interest margin outlook for the group's UK banking business is lacking, with management's...

Analyst: Bank Stock Subject to Regional Uncertainties

Shares of U.K.-based Barclays PLC (NYSE:BCS) are 1.8% lower premarket, after BofA Global Research downgraded the bank stock to "underperform" from "neutral" and slashed its target price.

Barclays downgraded by BofA on restructuring uncertainty

BofA Global Research downgraded Barclays to underperform on Thursday, citing uncertainty over the UK bank's restructuring and near-term risks to capital distributions.

Barclays Will Cut 3% of U.S. Consumer Banking Staff

Barclays is shrinking its U.S. consumer banking division as it looks to lower costs.  “We recently streamlined and simplified our U.S. Consumer Bank operating model, which has regrettably resulted ...

Exclusive: Barclays to lay off dozens of US consumer employees - source

Barclays Plc is laying off dozens of staff in its U.S. consumer banking division as part of a global drive to cut costs, according to a source familiar with the situation.

Barclays "still the cheapest bank around", top research team reckons

Barclays PLC (LSE:BARC) is still the “cheapest bank around” even after Tuesday's post-results downgrades which saw the shares sliding 6.5% to lows not seen since March. Against this backdrop, UBS's...

Barclays shares slide for second day

Barclays shares fell by as much as 2.4% in early trading on Wednesday, briefly on course for their biggest two-day drop since turmoil engulfed the global banking sector in March.

Why Barclays Stock Plunged Today

Barclays announced a slightly better-than-expected 16% decline in third-quarter profits against a "mixed market backdrop." The U.K. bank also lowered its full-year outlook for net interest margin.

Bankers' bonus cap scrapped

Bankers' bonuses will no longer be capped from next week, City regulators have announced, as another European Union rule is scrapped after Brexit. Under the current rules, introduced in 2014, bonus...

Barclays (BCS) Q3 Earnings Decline Y/Y Despite Higher Revenues

Barclays (BCS) records a rise in revenues and marginally higher expenses in the third quarter of 2023.


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