Barclays PLC

Activist investor Edward Bramson has sold his firm's 6% stake in Barclays, disbanding a three-year effort to overhaul the British bank and ending a stand-off with chief executive Jes Staley.

Sherborne Investors has sold its 6% stake in Barclays, the company said on Friday.

Barclays will offer investors an advisory vote on its climate policy at next year's annual shareholder meeting, the bank's chairman said, after pressure from investors and activists to become greener.

Barclays will offer investors a vote on its climate policy at next year's investor meeting after pressure from shareholders and activists to become greener, the bank's chairman said.

Barclays has funded 1 million pounds ($1.4 million) worth of medical supplies for India in the last week, as British banks with big operations in the country increase support to their own staff and wider communities.

Barclays and BNP Paribas reported bumper first-quarter profits on Friday, as an equities trading boom offset a slump in demand for fixed income products.

* Mixed investment bank performance with FICC down 35% (Adds details)

Barclays reported first quarter profits more than doubled, despite not releasing cash set aside to cover bad loans from the COVID-19 pandemic as its British peers had done.

India's accelerated vaccination drive may limit the economic disruption caused by a resurgence in COVID-19 cases, Barclays said in a note on Monday, although it warned that shortages in vaccine supply could weigh on the campaign's progress.

Police arrested seven people outside the London headquarters of Barclays on Wednesday after climate change activists broke windows to protest the role of the financial sector in climate change.

Electric vehicle battery startup Britishvolt is considering going public, possibly through a merger with a special purpose acquisition company (SPAC), it said on Thursday, as it continues fundraising for a 2.6 billion pound ($3.59 billion) plant in England.

Barclays has expanded its private banking business to France and Italy as it seeks to grow its European wealth business in the wake of Britain's exit from the European Union.

Goldman Sachs Group Inc is in talks with JetBlue Airways Corp to take over its credit card program, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

JPMorgan Chase & Co's head of Southeast M&A, Ee Ching Tay, has resigned from the bank to lead Southeast Asia investment banking at Barclays Plc, three sources aware of the matter told Reuters on Tuesday.

A judge ruled Barclays will have to pay its own 33 million pound ($46.09 million) legal bill despite winning a case against British businesswoman Amanda Staveley's PCP Capital Group over how the bank negotiated a financial lifeline during the credit crisis in 2008.

A judge ruled British businesswoman Amanda Staveley's PCP Capital Group and Barclays will have to pay their own legal costs, after Stavely lost her case against Barclays over how it negotiated a financial lifeline during the credit crisis in 2008.

* MODERNA EXEC SAYS CO MAY HAVE PHASE 1 DATA ON A MULTIVALENT CORONAVIRUS VACCINE AGAINST WUHAN STRAIN AND SOUTH AFRICA VARIANT SOONER THAN MAY - BARCLAYS CONF

Britain's big four banks amassed more than 200 billion pounds ($277.52 billion) of new deposits last year as customers reined in spending through pandemic lockdowns, far outstripping extra lending to struggling businesses and households.

A London High Court judge on Friday found Barclays guilty of "serious deceit" over how it negotiated a financial lifeline with Amanda Staveley during the credit crisis in 2008, but denied the businesswoman damages and dismissed her claim.