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Barclays PLC (BARC.L)

BARC.L on London Stock Exchange

201.00GBp
19 Feb 2018
Change (% chg)

0.95 (+0.47%)
Prev Close
200.05
Open
200.70
Day's High
202.60
Day's Low
200.30
Volume
27,962,865
Avg. Vol
50,833,264
52-wk High
244.40
52-wk Low
177.30

Latest Key Developments (Source: Significant Developments)

Barclays says been charged by SFO over loan
Monday, 12 Feb 2018 02:04am EST 

Feb 12 (Reuters) - Barclays Plc ::‍BARCLAYS SAYS UK SERIOUS FRAUD OFFICE HAS TODAY CHARGED BARCLAYS BANK PLC WITH SAME OFFENCE IN RESPECT OF LOAN AS CHARGED AGAINST BARCLAYS PLC ON 20 JUNE 2017​.‍BARCLAYS PLC AND BARCLAYS BANK PLC INTEND TO DEFEND RESPECTIVE CHARGES BROUGHT AGAINST THEM.​.‍BARCLAYS DOES NOT EXPECT THERE TO BE AN IMPACT ON ITS ABILITY TO SERVE ITS CUSTOMERS AND CLIENTS AS A CONSEQUENCE OF CHARGE HAVING BEEN BROUGHT.​.  Full Article

Barclays Says Expects 1 Bln Pound Charge On Pretax Profit From U.S. Tax Reform ​
Wednesday, 27 Dec 2017 04:00am EST 

Dec 27 (Reuters) - Barclays Plc ::‍NOTES TAX CUTS AND JOBS ACT ENACTED ON 22 DECEMBER 2017, REDUCING STATUTORY RATE OF US FEDERAL CORPORATE INCOME TAX TO 21%​.‍EXPECTS MEASUREMENT OF ITS US DEFERRED TAX ASSETS TO REDUCE BY C.£1BN AS A RESULT OF REDUCED TAX RATE​.‍EXPECTS NET OF A C.£0.3BN INCREASE TO US DTAS, UNRELATED TO ACT, DUE TO A REVALUATION OF BARCLAYS BANK PLC'S US BRANCH DTAS​.‍AGGREGATE REDUCTION IN MEASUREMENT OF US DTAS IS EXPECTED TO RESULT IN AN ASSOCIATED ONE-OFF CHARGE OF C.£1BN TO GROUP PROFIT AFTER TAX​.BARCLAYS - REDUCTION IN MEASUREMENT OF US DTAS IS EXPECTED TO RESULT C.20 BASIS POINT REDUCTION TO GROUP CET1 RATIO, DECREASE OF C.6 PENCE TO TNAV/SHARE​.‍REDUCTION IN STATUTORY US FEDERAL RATE IS EXPECTED TO POSITIVELY IMPACT BARCLAYS' FUTURE US AFTER TAX EARNINGS​.BARCLAYS- ‍ULTIMATE IMPACT IS SUBJECT TO EFFECT OF OTHER COMPLEX PROVISIONS IN ACT WHICH BARCLAYS IS CURRENTLY REVIEWING​.‍CURRENTLY NOT POSSIBLE TO RELIABLY ESTIMATE WHETHER BEAT WILL APPLY AND IF SO, HOW IT WOULD IMPACT BARCLAYS​.  Full Article

Barclays Bank Updates on Proposed Structural Changes to Barclays Group Due To Ring-Fencing​‍
Friday, 8 Dec 2017 06:48am EST 

Dec 8 (Reuters) - Barclays Plc ::BARCLAYS BANK PLC [RIC:RIC:BARCR.UL] - ‍PROPOSED CHANGES TO STRUCTURE OF BARCLAYS GROUP DUE TO RING-FENCING​‍.TWO ENTITIES WILL OPERATE ALONGSIDE, BUT INDEPENDENTLY FROM, ONE ANOTHER AS PART OF BARCLAYS GROUP UNDER BARCLAYS PLC​.‍INTENDS TO SATISFY REQUIREMENT BY SETTING UP A RING-FENCED BANK, BARCLAYS BANK UK PLC, WHICH WILL BE SEPARATE FROM BARCLAYS BANK PLC.EXPECTS TO IMPLEMENT RESTRUCTURING, ESTABLISH RING-FENCED BANK IN APRIL, AHEAD OF JAN 1 LEGISLATIVE DEADLINE FOR IMPLEMENTATION OF RING-FENCING​.‍HEARING IS SCHEDULED IN NOVEMBER 2017 FOR COURT TO INITIATE PROCESS TO CONSIDER AND APPROVE SCHEME​.‍SECURED FUNDING PROGRAMMES ​OF BARCLAYS BANK WHICH RELATE TO ASSETS TRANSFERRING TO RING-FENCED BANK WILL TRANSFER TO BARCLAYS BANK UK.‍FINAL COMPOSITION OF ASSETS,LIABILITIES WHICH ARE TO REMAIN IN BARCLAYS BANK MAY DIFFER FROM BARCLAYS' CURRENT EXPECTATIONS​.‍FOLLOWING TRANSFERS OF ASSETS & LIABILITIES TO BARCLAYS BANK UK, BARCLAYS BANK WILL DISTRIBUTE TO BARCLAYS EQUITY OWNERSHIP OF BARCLAYS BANK UK​.  Full Article

Barclays To Cut Stake In Barclays Africa To 14.9 Pct
Friday, 1 Dec 2017 02:08am EST 

Dec 1 (Reuters) - Barclays Plc ::‍REDUCTION OF BARCLAYS' SHAREHOLDING IN BARCLAYS AFRICA GROUP LIMITED​.‍TOTAL SHAREHOLDING IN BAGL FOR REGULATORY REPORTING PURPOSES WILL REDUCE FROM 21.9% TO 14.9%​.‍SETTLEMENT OF TRANSFER IS EXPECTED TO OCCUR ON 5 DECEMBER 2017​.  Full Article

Barclays Plc Names ‍Mike Turner As A Non-Executive Director ​
Thursday, 30 Nov 2017 11:00am EST 

Nov 30 (Reuters) - Barclays Plc ::‍MIKE TURNER HAS BEEN APPOINTED AS A NON-EXECUTIVE DIRECTOR OF BARCLAYS; TURNER WILL TAKE UP HIS APPOINTMENT ON 1 JANUARY 2018​.  Full Article

Barclays Comments On Bank Of England Stress Test ​
Tuesday, 28 Nov 2017 02:04am EST 

Nov 28 (Reuters) - Barclays Plc ::BARCLAYS - MINIMUM STRESSED CET1 RATIO OVER PERIOD 2017-21 WAS 7.4%, WHICH EXCEEDED STRESS TEST HURDLE RATE OF 6.8%​.BARCLAYS PLC - ‍MINIMUM STRESSED CET1 RATIO OCCURRED IN 2018 OF TEST PERIOD, AND WAS BELOW SYSTEMIC REFERENCE POINT FOR THAT YEAR OF 7.9%​.BARCLAYS PLC - WAS NOT ASKED TO SUBMIT A REVISED CAPITAL PLAN BY BOE IN LIGHT OF STEPS ALREADY TAKEN DURING 2017 TO STRENGTHEN ITS CAPITAL POSITION​.  Full Article

Barclays Plc announces proposed changes to group structure
Thursday, 26 Oct 2017 02:00am EDT 

Oct 26 (Reuters) - BARCLAYS PLC ::‍PROPOSED CHANGES TO STRUCTURE OF BARCLAYS GROUP DUE TO RING-FENCING​.‍TO SATISFY REQUIREMENT BY SETTING UP RING-FENCED BANK, BARCLAYS BANK UK PLC, SEPARATE FROM BARCLAYS BANK PLC​.TWO ENTITIES WILL OPERATE ALONGSIDE, BUT INDEPENDENTLY FROM, ONE ANOTHER AS PART OF BARCLAYS GROUP UNDER BARCLAYS PLC​.  Full Article

Financial Reporting Council announces ‍closure of investigation into PWC in relation to Barclays Bank plc and client asset rules​
Thursday, 5 Oct 2017 02:00am EDT 

Oct 5 (Reuters) - FINANCIAL REPORTING COUNCIL: :‍CLOSURE OF INVESTIGATION INTO PWC IN RELATION TO BARCLAYS BANK PLC AND CLIENT ASSET RULES​.EXECUTIVE COUNSEL TO FRC CONCLUDED THERE IS NO REALISTIC PROSPECT THAT TRIBUNAL WOULD MAKE ADVERSE FINDING AGAINST PWC LLP.  Full Article

Barclays Bank Plc announces accomodation for T+2 settlement on early redemption orders
Thursday, 31 Aug 2017 05:33pm EDT 

Aug 31 (Reuters) - Barclays Plc :Barclays Bank Plc announces accomodation for T+2 settlement on early redemption orders.Barclays - change is being made in light of SEC amendments to shorten standard settlement cycle for securities trades from T+3 to T+2.Barclays - effective August 31, T+2 settlement will be accommodated on early redemption orders by holders of exchange traded notes issued by co.  Full Article

Barclays H1 profit before tax 2.341 billion stg
Friday, 28 Jul 2017 02:10am EDT 

July 28 (Reuters) - Barclays Plc :Barclays h1 profit before tax 2.341 billion stg.Barclays h1 cet ratio at 13.1 percent.Barclays h1 attributable loss before tax of 1.211 billion stg due to africa sale.Barclays 700 million stg charge for payment protection insurance mis-selling.Barclays non-core division reduced to 23 billion stg risk-weighted assets.  Full Article

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Fed sanctions former Barclays trader for alleged abuse

WASHINGTON The Federal Reserve on Friday said it was seeking to permanently bar a former Barclays Bank employee from the banking business for allegedly manipulating foreign exchange trades.