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Barclays PLC (BCS.N)

BCS.N on New York Stock Exchange

11.72USD
23 Feb 2018
Change (% chg)

$0.04 (+0.34%)
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Latest Key Developments (Source: Significant Developments)

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

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

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Barclays delivers on dividend despite 2017 disappointment

LONDON Barclays PLC showed its confidence in future earnings on Thursday by restoring its full dividend, despite lackluster investment banking income, restructuring costs and U.S. tax reforms hitting the bank's 2017 bottom line. | Video