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Barclays PLC (BARC.L)

BARC.L on London Stock Exchange

140.98GBp
8:21am EDT
Change (% chg)

1.16 (+0.83%)
Prev Close
139.82
Open
140.30
Day's High
141.52
Day's Low
140.12
Volume
9,681,589
Avg. Vol
35,135,999
52-wk High
185.90
52-wk Low
136.47

Latest Key Developments (Source: Significant Developments)

Barclays Q2 net profit befpre tax 1.58 bln stg
Thursday, 1 Aug 2019 02:01am EDT 

Aug 1 (Reuters) - Barclays PLC ::BARCLAYS Q2 NET PROFIT BEFORE TAX EXCLUDING LITIGATION AND CONDUCT CHARGES 1.584 BILLION STG.BARCLAYS CET1 RATIO 13.4%.BARCLAYS INTERIM DIVIDEND INCREASED BY 20% TO 3 PENCE PER SHARE.BARCLAYS Q2 GROUP RETURN ON TANGIBLE EQUITY OF 9.3%.BARCLAYS Q2 NO FRESH PPI PROVISION.BARCLAYS H1 PROFIT BEFORE TAX INCLUDING LITIGATION AND CONDUCT COSTS 3.014 BILLION STG.BARCLAYS SAYS EXPECTS FULL YEAR COSTS TO COME IN BELOW 13.6 BILLION STG.BARCLAYS ANTICIPATES INTERIM DIVIDEND PAYMENT WILL BE ONE THIRD OF FULL YEAR AMOUNT.BARCLAYS SAYS TOTAL INCOME FOR INVESTMENT BANK RISES 8% TO 2.795 BILLION STG.BARCLAYS SAYS Q2 FICC REVENUES UP 25% TO 920 MILLION STG.BARCLAYS REITERATES INTENTION TO BUY BACK OWN SHARES.BARCLAYS SAYS Q2 BANKING REVENUES DOWN 1% TO 698 MILLION STG.BARCLAYS SAYS Q2 EQUITIES REVENUES DOWN 14% TO 517 MILLION STG.  Full Article

Barclays UK income falls 2%, deposit growth offset by margin squeeze
Thursday, 1 Aug 2019 02:01am EDT 

Aug 1 (Reuters) - Barclays PLC ::CONSUMER, CARDS & PAYMENTS CONTINUES TO PROGRESS, PRODUCING AN ROTE OF 18% IN QUARTER AND 16.7%FOR HALF YEAR..BARCLAYS UK INCOME DECREASED 2% AS CONTINUED MORTGAGE AND DEPOSIT BALANCE GROWTH WAS OFFSET BY MARGIN COMPRESSION AND MAINTAINING A REDUCED RISK APPETITE IN UK CARDS..FOLLOWING REGULATORY APPROVAL, BARCLAYS INTENDS TO CALL THREE AT1 INSTRUMENTS ELIGIBLE FOR CALL ON 15 SEPTEMBER 2019.  Full Article

Barclays Spokesperson Says Co Rectified Mistake That Affected Some Business Customers
Thursday, 4 Jul 2019 09:35am EDT 

July 4 (Reuters) - Barclays Spokesperson::CO HAS BEEN WORKING CLOSELY WITH CMA AND HAS CORRECTED A MISTAKE IT MADE WHICH AFFECTED "SMALL" NUMBER OF BUSINESS CUSTOMERS.  Full Article

UK's CMA Directs Barclays To Fix Banned Banking Practices
Thursday, 4 Jul 2019 07:49am EDT 

July 4 (Reuters) - UK's CMA::DIRECTS BARCLAYS TO FIX BANNED BANKING PRACTICES.DIRECTED BARCLAYS TO IMPROVE PRACTICES AFTER BANK BROKE RULES DESIGNED TO PROTECT SMALL BUSINESSES.BARCLAYS TOLD THE CMA THAT IT HAD NOT COMPLIED WITH ASPECTS OF LEGAL UNDERTAKINGS DESIGNED TO MAKE IT EASIER FOR BUSINESSES TO SHOP AROUND.BARCLAYS BREACHED UNDERTAKINGS BY PREVENTING SMES WHO HAD BUSINESS PREMIUM ACCOUNTS FROM TRANSFERRING MONEY TO OR FROM NON-BARCLAYS ACCOUNTS.BARCLAYS WILL PAY NEARLY £2000 IN TOTAL COMPENSATION ACROSS AFFECTED BUSINESS PREMIUM ACCOUNT HOLDERS.SAYS DIRECTS BARCLAYS TO APPOINT INDEPENDENT BODY TO AUDIT COMPLIANCE WITH THE UNDERTAKINGS AND PROVIDE THE INDEPENDENT BODY’S REPORT TO CMA.  Full Article

Barclays Appoints Akhil Ahuja As Head Of Enterprise And Communications Technology Banking
Thursday, 23 May 2019 01:00pm EDT 

May 23 (Reuters) - Barclays PLC ::BARCLAYS APPOINTS AKHIL AHUJA AS HEAD OF ENTERPRISE AND COMMUNICATIONS TECHNOLOGY BANKING.BARCLAYS - AHUJA WAS MOST RECENTLY MANAGING DIRECTOR AND HEAD OF SYSTEMS AND INFRASTRUCTURE SOFTWARE BANKING AT WELLS FARGO SECURITIES.  Full Article

Edward Bramson, Stephen Welker , Sherborne Investors Disclose 5.48% Stake In Barclays - Filing
Friday, 10 May 2019 07:15am EDT 

May 10 (Reuters) - Barclays PLC ::EDWARD BRAMSON, STEPHEN WELKER , SHERBORNE INVESTORS DISCLOSE 5.48 PERCENT STAKE IN BARCLAYS PLC AS OF MAY 7 - FILING.  Full Article

Barclays CEO sets out green commitments at AGM
Thursday, 2 May 2019 06:55am EDT 

May 2 (Reuters) - Barclays PLC ::CHAIRMAN SAYS "WE HAVE MADE DEFENDING AGAINST CYBERCRIME ONE OF OUR MOST IMPORTANT AND MOST URGENT PRIORITIES".CHAIRMAN: "THIS IS A DECISION NOT ONLY WORTH MAKING, BUT ONE WHERE THERE REALLY IS NO CHOICE IN ASSURING LONG-TERM FUTURE OF COMPANY".CHAIRMAN: "IF WE REFLECT ON PAST FEW YEARS, IT HAS INDEED BEEN A TOUGH PERIOD FOR GROUP. BUT WE HAVE COME THROUGH IT AND EMERGED IN A MUCH STRONGER, WHILST NEVER PERFECT, POSITION".CEO SAYS "ONE AREA WHERE PERFORMANCE PROGRESS HAS UNFORTUNATELY NOT BEEN REFLECTED THUS FAR IS IN TOTAL SHAREHOLDER RETURN. AND WE ARE WORKING TO ADDRESS THAT".CEO SAYS FUTURE EARNINGS SHOULD BE FOCUSED ON RETURNS FOR SHAREHOLDERS AND INVESTMENT IN GROWTH, RATHER THAN ON RESTRUCTURING COSTS, CAPITAL ACCUMULATION, OR LITIGATION AND CONDUCT CHARGES.CEO SAYS IN 2018 BANK FACILITATED OVER £27 BILLION IN FINANCING FOR SOCIAL AND ENVIRONMENTAL SEGMENTS, INCLUDING ISSUING GREEN BONDS AND RENEWABLE FINANCING.CEO SAYS BANK LAUNCHED FIRST GREEN MORTGAGE BY A MAINSTREAM UK BANK, PROVIDED £118M DEBT FACILITIES TO ENERGY FROM WASTE PLANT IN BEDFORDSHIRE, RECENTLY LAUNCHED GREEN AGRICULTURE PRODUCT FOR UK FARMERS.CEO SAYS BANK HAS RULED OUT FINANCING OIL AND GAS EXPLORATION IN THE ARCTIC, WILL NO LONGER FINANCE GREENFIELD THERMAL COAL MINING ACTIVITY, INTRODUCED ENHANCED CHECKS ON TRANSACTIONS RELATED TO OIL SANDS.  Full Article

Barclays Announces Transfer Of Primary Listing For Sixteen iPath Exchange Traded Notes
Monday, 29 Apr 2019 05:00pm EDT 

April 29 (Reuters) - Barclays PLC ::BARCLAYS ANNOUNCES THE TRANSFER OF PRIMARY LISTING FOR SIXTEEN IPATH® EXCHANGE TRADED NOTES.BARCLAYS ANNOUNCES THE TRANSFER OF PRIMARY LISTING FOR SIXTEEN IPATH® EXCHANGE TRADED NOTES.BARCLAYS BANK PLC - FIRST DAY OF TRADING FOR THESE ETNS ON CBOE IS EXPECTED TO BE ON OR ABOUT MAY 13, 2019.  Full Article

Barclays Q1 profit falls 10 pct
Thursday, 25 Apr 2019 02:01am EDT 

April 25 (Reuters) - Barclays PLC ::BARCLAYS Q1 PROFIT BEFORE TAX FALLS 10 PERCENT TO 1544 MILLION STG.BARCLAYS Q1 CET1 RATIO 13.0 PERCENT.BARCLAYS Q1 GROUP ROTE AT 9.6 PERCENT.BARCLAYS Q1 TOTAL INCOME DOWN 2 PERCENT TO 5252 MILLION STG.BARCLAYS Q1 COST-INCOME RATIO 62 PERCENT.BARCLAYS SAYS IT MAINTAINS CURRENT CAPITAL RETURN POLICY.BARCLAYS INTERNATIONAL UNIT Q1 ROTE AT 10.6 PERCENT.BARCLAYS UK UNIT Q1 ROTE AT 16.4 PERCENT.  Full Article

UK's Unite Issues Statement On 460 Job Losses At Barclays
Tuesday, 9 Apr 2019 09:50am EDT 

April 9 (Reuters) - UK'S UNITE: :UK'S UNITE SAYS BARCLAYS PLC HAS INFORMED STAFF IN COVENTRY WESTWOOD PARK AND BIRMINGHAM SNOWHILL THAT THEIR JOBS ARE AT RISK.UK'S UNITE SAYS "ALARMED" THAT 350 JOBS WILL BE LOST FROM TWO LARGE BARCLAYS PLC SITES IN THE WEST MIDLANDS.UK'S UNITE SAYS ANTICIPATED THAT AROUND 100 JOBS WILL BE CREATED IN OTHER LOCATIONS IN THE UK AT BARCLAYS PLC.UK'S UNITE ISSUES STATEMENT ON 460 JOB LOSSES AT BARCLAYS.  Full Article

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Barclays ends partnership with cryptocurrency exchange Coinbase: sources

LONDON Barclays is no longer providing banking services to major cryptocurrency exchange Coinbase, sources familiar with the matter told Reuters, ending a relationship that started in March last year as the exchange expanded in Europe.