Edition:
United States

Barclays PLC (BARC.L)

BARC.L on London Stock Exchange

176.50GBp
21 Sep 2018
Change (% chg)

2.24 (+1.29%)
Prev Close
174.26
Open
175.30
Day's High
177.76
Day's Low
174.62
Volume
80,374,612
Avg. Vol
47,126,085
52-wk High
220.18
52-wk Low
168.34

Latest Key Developments (Source: Significant Developments)

Barclays Says Its Capital Reductions Became Effective On Sept. 11
Tuesday, 11 Sep 2018 11:10am EDT 

Sept 11 (Reuters) - Barclays Plc ::BARCLAYS PLC, BARCLAYS BANK PLC, BARCLAYS BANK UK PLC - CAPITAL REORGANISATION.CAPITAL REDUCTIONS BECAME EFFECTIVE AFTER CONFIRMATIONS OF HIGH COURT OF JUSTICE IN ENGLAND AND WALES BEING OBTAINED.  Full Article

UK's Unite Calls Barclays Bank To Halt Job Loss Plans Announced In Cardiff And Coventry
Wednesday, 20 Jun 2018 07:05am EDT 

June 20 (Reuters) - UK'S UNITE UNION: :UK'S UNITE UNION CHALLENGES BARCLAYS BANK AS IT CUTS HUNDREDS OF STAFF IN CARDIFF AND COVENTRY.BARCLAYS ON JUNE 19 TOLD NEARLY 400 STAFF THAT THEIR JOBS ARE EITHER TRANSFERRING TO NORTHAMPTON OR BEING OFFSHORED TO INDIA.  Full Article

Barclays CEO Jes Staley Says No Discussion Ongoing With Standard Chartered - CNBC
Monday, 4 Jun 2018 03:00pm EDT 

June 4 (Reuters) - :BARCLAYS CEO JES STALEY SAYS NO DISCUSSION ONGOING WITH STANDARD CHARTERED - CNBC.BARCLAYS CEO JES STALEY SAYS ON WHISTLEBLOWER FINE IMPOSED ON HIM THAT HE ACCEPTS FINAL DECISION TAKEN BY REGULATORS - CNBC.  Full Article

Barclays CEO hails "significant quarter" for UK lender
Thursday, 26 Apr 2018 02:06am EDT 

April 26 (Reuters) - Barclays PLC ::CEO SAYS THIS HAS BEEN A SIGNIFICANT QUARTER FOR BARCLAYS, ONE IN WHICH WE HAVE SHOWN THAT OUR NEW OPERATING MODEL AND OUR PORTFOLIO OF DIVERSIFIED, PROFITABLE BUSINESSES ARE CAPABLE OF PRODUCING IMPROVED RETURNS FOR SHAREHOLDERS.CEO SAYS DEMONSTRATING BENEFITS OF DIVERSIFICATION, LOWER REVENUES IN OUR UK BUSINESSES, DRIVEN BY ONE-OFFS, WERE OFFSET BY A STRONGER PERFORMANCE IN BARCLAYS INTERNATIONAL, PARTICULARLY IN CORPORATE AND INVESTMENT BANK.CEO SAYS Q1 IS TYPICALLY A STRONG ONE OF COURSE, BUT THIS PERFORMANCE DOES INCREASE CONFIDENCE IN OUR CAPACITY TO MEET OUR GROUP ROTE TARGETS.NET INTEREST MARGIN DECREASED 42BPS TO 3.27% REFLECTING INTEGRATION OF EDUCATION, SOCIAL HOUSING AND LOCAL AUTHORITY (ESHLA) PORTFOLIO.CREDIT IMPAIRMENT CHARGES INCREASED 13% TO £201M DRIVEN BY INCREASED IMPAIRMENT IN PERSONAL BANKING AND A SINGLE NAME CASE IN WEBB.CEO SAYS WE LOOK FORWARD TO RETURNING AN INCREASING AMOUNT OF CAPITAL TO SHAREHOLDERS, BOTH THROUGH ANNUAL DIVIDEND, AND VIA OTHER MEANS OF RETURN, SUCH AS BUYBACKS, GOING FORWARD.ADDITIONAL CHARGES OF £400M (Q117: £NIL) RELATING TO PPI WERE RECOGNISED MAINLY AS A RESULT OF CONTINUED HIGHER COMPLAINTS FLOW IN Q118.RWAS INCREASED TO £214.2BN (DECEMBER 2017: £210.3BN) DUE TO INCREASED TRADING ACTIVITY.  Full Article

Barclays Appoints Gerry Grimstone Chairman Of Ring-Fenced Bank
Monday, 19 Mar 2018 06:20am EDT 

March 19 (Reuters) - Barclays Plc ::BARCLAYS - GERRY GRIMSTONE, CURRENTLY DEPUTY CHAIRMAN OF BARCLAYS PLC AND BARCLAYS BANK PLC, WILL MOVE INSTEAD TO BECOME CHAIRMAN OF BARCLAYS BANK PLC.‍IAN CHESHIRE WILL BE CHAIRMAN OF BARCLAYS BANK UK PLC. HE WILL ALSO REMAIN A NON-EXECUTIVE DIRECTOR OF BARCLAYS PLC​.CRAWFORD GILLIES WILL BECOME SENIOR INDEPENDENT DIRECTOR OF BARCLAYS PLC AND WILL REMAIN CHAIR OF BARCLAYS PLC REMUNERATION COMMITTEE.MARY FRANCIS WILL BECOME CHAIR OF BARCLAYS PLC REPUTATION COMMITTEE, REPLACING SIR GERRY.  Full Article

Visteon Says Entered Deal With Barclays Bank Plc To Purchase $150 Million Of Co's Stock
Friday, 9 Mar 2018 05:18pm EST 

March 9 (Reuters) - Barclays Plc ::VISTEON - ON MARCH 6, CO ENTERED DEAL WITH BARCLAYS BANK PLC TO PURCHASE $150 MILLION OF CO'S STOCK VIA ACCELERATED STOCK REPURCHASE TRANSACTION.  Full Article

Barclays Gets Court's Approval For Ring-Fencing Transfer Scheme
Friday, 9 Mar 2018 11:21am EST 

March 9 (Reuters) - Barclays Plc ::BARCLAYS PLC - COURT APPROVAL GRANTED FOR BARCLAYS' RING-FENCING TRANSFER SCHEME.BARCLAYS PLC - BARCLAYS NOW EXPECTS TO IMPLEMENT RESTRUCTURING AND FULLY ESTABLISH RING-FENCED BANK IN APRIL 2018.  Full Article

Barclays takes 240 million pound provision for alleged FX manipluation
Thursday, 22 Feb 2018 02:58am EST 

Feb 22 (Reuters) - Barclays Plc ::BARCLAYS RECOGNISES 240 MILLION STG PROVISION IN Q4 2017 PENDING SETTLEMENT OF ALLEGED FOREIGN EXCHANGE MANIPULATION CASE.  Full Article

British regulator investigating Barclays over debt collections
Thursday, 22 Feb 2018 02:22am EST 

Feb 22 (Reuters) - Barclays ::SAYS FINANCIAL CONDUCT AUTHORITY INVESTIGATING BANK'S SYSTEMS AND CONTROLS WITH RESPECT TO COLLECTIONS AND RECOVERIES FROM DISTRESSED BORROWERS.SAYS CURRENTLY NOT POSSIBLE TO ESTIMATE THE FINANCIAL IMPACT OF FCA INVESTIGATION ON GROUP'S RESULTS.  Full Article

Barclays pre-tax profit rises 10 percent to 3.54 Billion pounds
Thursday, 22 Feb 2018 02:01am EST 

Feb 22 (Reuters) - Barclays Plc ::BARCLAYS 2017 GROUP PRETAX PROFIT RISES 10 PERCENT TO 3.54 BILLION STG.BARCLAYS 2017 CET 1 RATIO AT 13.3 PERCENT.BARCLAYS 2017 U.S. DEFERRED TAX ASSET IMPACT OF 901 MILLION STG.BARCLAYS SAYS NO UPDATE ON WATCHDOG'S INVESTIGATION INTO CEO JES STALEY'S ATTEMPTS TO UNMASK WHISTLEBLOWER.BARCLAYS SAYS TO PAY DIVIDEND OF 6.5 PENCE PER SHARE IN 2018.BARCLAYS 2017 FULL YEAR DIVIDEND OF 3 PENCE PER SHARE.BARCLAYS 2017 COSTS DOWN 5 PERCENT TO 15.5 BILLION STG, EXCLUDING CONDUCT AND LITIGATION.BARCLAYS 2017 RETURN ON TANGIBLE EQUITY AT 5.6 PERCENT , EXCLUDING MATERIAL ITEMS.BARCLAYS 2017 INCOME DOWN 2 PERCENT TO 21 BILLION STG.  Full Article

Photo

Lawmakers criticize RBS and Barclays for online banking outages

Royal Bank of Scotland apologized for outages that hit its online and mobile banking services on Friday, the latest in a string of such failings at British banks which have drawn criticism from customers and lawmakers.