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Barclays PLC (BARC.L)

BARC.L on London Stock Exchange

185.00GBp
17 Nov 2017
Change (% chg)

-0.45 (-0.24%)
Prev Close
185.45
Open
184.55
Day's High
186.10
Day's Low
183.75
Volume
66,415,298
Avg. Vol
44,214,187
52-wk High
244.40
52-wk Low
177.30

Latest Key Developments (Source: Significant Developments)

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

Barclays Bank Ireland appoints Kevin Wall as new CEO
Monday, 26 Jun 2017 06:22am EDT 

June 26 (Reuters) - Barclays Plc ::Barclays Bank Ireland appoints Kevin Wall as new chief executive officer with immediate effect.  Full Article

Barclays sells 33.7 pct of Africa business for 2.2 bln pounds
Thursday, 1 Jun 2017 02:05am EDT 

June 1 (Reuters) - Barclays Plc :Barclays has decided to increase size of placing ( "placing").Barclays has agreed to sell 285,691,979 ordinary shares 2 in capital of Barclays Africa( "placing shares") (representing 33.7% of bagl's issued share capital) at a price of zar 132.0 per share, raising aggregate gross sale proceeds of approximately zar 37,711 million (£2,224 million 1 )..Placing is expected to result in a pro forma increase of approximately 27 basis points to group's 31 march 2017 cet1 ratio, from 12.5%..Following completion of placing, barclays group ( "group") will hold 139 million ordinary shares in bagl (16.4% of bagl's issued share capital).  Full Article

Barclays proposes placing of about 187 mln ordinary shares in BAGL
Wednesday, 31 May 2017 11:07am EDT 

May 31 (Reuters) - Barclays Plc ::Intention to sell about 187 million ordinary shares in Barclays Africa Group Ltd ("BAGL"), representing about 22% of BAGL's issued share capital.Says follows initial placing that barclays undertook on 5 May 2016 of 103.6 million shares representing 12.2% of issued share capital of BAGL.Barclays' target long-term shareholding in BAGL is around 15%.  Full Article

Barclays signs ‍terms of separation with Barclays Africa
Wednesday, 31 May 2017 11:06am EDT 

May 31 (Reuters) - Barclays Plc ::‍terms of separation with Barclays Africa signed​.Barclays will contribute equivalent of 1.5 percent of BAGL's market capitalisation towards establishment of a broad-based black economic empowerment scheme​.‍expects to incur some additional operating expenses in respect of delivering separation of businesses​.Separation arrangements include contributions from Barclays to BAGL totalling 765 million stg.515 million stg (at 1 March 2017 gbp:zar exchange rate), to provide additional capital to BAGL to allow it to make investments required to achieve separation.‍Barclays has agreed to indemnify BAGL against certain potential losses suffered by BAGL​.‍Barclays' liability under perimeter indemnity is uncapped and under policy indemnity is capped at 614.7 million​ stg.55 mln stg to cover separation-related expenses, of which 27.5 mln stg was paid in 2016 by Barclays to BAGL.195 mln stg for termination of existing master services agreement between Barclays and BAGL.  Full Article

Barclays to sell roughly 22 pct stake in its African unit - Sky News reporter
Wednesday, 31 May 2017 07:26am EDT 

May 31 (Reuters) - :Barclays to sell roughly 22 percent stake in its African unit - Sky News reporter.  Full Article

Barclays completes sale of Egypt unit to Attijariwafa Bank
Wednesday, 3 May 2017 11:14am EDT 

May 3 (Reuters) - Barclays Plc :Barclays bank plc completes sale of its retail and corporate banking business in egypt to attijariwafa bank s.a..Sale of attijariwafa bank increases barclays common equity tier 1 (cet1) ratio by around 10 basis points.  Full Article

Barclays defeats female banker's race- and gender-bias lawsuit

A federal judge in Manhattan on Wednesday tossed a female investment banker’s race- and sex-discrimination lawsuit against New York-based Barclays Capital and its London-based parent, Barclays Bank, saying the undisputed evidence established that the firm’s decisions were based on her performance and its decision to reorganize its operations.