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Barclays PLC (BCS.N)

BCS.N on New York Stock Exchange

21 Nov 2017
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$0.03 (+0.30%)
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Latest Key Developments (Source: Significant Developments)

Barclays Q1 markets income falls 4 pct
Friday, 28 Apr 2017 02:16am EDT 

April 28 (Reuters) - Barclays Plc :Africa banking profit before tax, excluding impairment of Barclays' holding in BAGL, increased to 325 mln stg.Management views its current PPI provision as appropriate.We have also observed an increase in PPI complaint flow from March 2017.Credit impairment charges increased 19 pct to 527 mln stg in Q1.On Africa, we await approval for separation arrangements already agreed with local management.Markets income decreased 4 pct to 1.35 bln stg reflecting a 14 pct reduction in macro income to 490 mln stg, due to weaker performance in U.S. rates and impact of exiting energy-related commodities.10 pct reduction in equities at markets business to 462 mln stg driven by lower U.S. equity derivatives.  Full Article

UK regulators investigate Jes Staley, Barclays over whistleblowing
Monday, 10 Apr 2017 02:10am EDT 

Barclays Plc : Fca and pra investigations into jes staley and barclays . Barclays plc and barclays bank plc (barclays) announce that financial conduct authority (fca) and prudential regulation authority (pra) have commenced investigations into: . Jes staley, group chief executive officer of barclays, as to his individual conduct and senior manager responsibilities relating to barclays whistleblowing programme . And an attempt by mr staley in 2016 to identify author of a letter that was treated by barclays bank plc as a whistleblow . Barclays bank plc, as to its responsibilities relating to attempt by mr staley to identify author of letter . As well as barclays systems and controls and culture relating to whistleblowing. . Attempt by mr staley to identify author of letter ( "matter") first came to attention of barclays board in early 2017 as a result of a concern raised by an employee . Board immediately instructed an external law firm, simmons & simmons llp, to conduct a focussed investigation into matter which was led by sir gerry grimstone, deputy chairman and senior independent director, on behalf of board . Investigation by simmons & simmons llp found, and board has concluded, that mr staley honestly, but mistakenly, believed that it was permissible to identify author of letter..  Full Article

Barclays says completed the sale of its UK Trusts business to Zedra
Monday, 3 Apr 2017 04:56am EDT 

Barclays Plc :Announces that it has completed the sale of its UK trusts business to ZEDRA.  Full Article

Barclays says CEO of Barclaycard International to retire in July
Wednesday, 22 Mar 2017 05:30am EDT 

Barclays Plc :Ceo of Barclaycard International, Amer Sajed, will retire from his role in July 2017.  Full Article

Barclays announces reductions to minimum early redemption size of GAZ ETNs
Wednesday, 8 Mar 2017 04:49pm EST 

Barclays Plc :Barclays Plc - announces reductions to minimum early redemption size of GAZ ETNs.  Full Article

Barclays files for mixed shelf for undisclosed amount with the U.S. SEC
Wednesday, 1 Mar 2017 05:07pm EST 

Barclays Plc :Barclays Plc files for mixed shelf for undisclosed amount with the U.S. SEC.  Full Article

Barclays says Cheshire named chairman designate of Barclays UK
Monday, 27 Feb 2017 05:00am EST 

Barclays Plc - : Ian Cheshire appointed as a director and as chairman designate of Barclays UK . Ian Cheshire has been appointed as a non-executive director of Barclays with effect from 3 April 2017 . Ian Cheshire also appointed chairman designate of Barclays' ring-fenced bank, Barclays UK, which is in process of being established . Intention to have an independent governance structure in place for Barclays Bank Plc when ring-fenced bank is constituted .In interim, Gerry Grimstone to chair divisional board of Barclays International; will lead work to establish new board of Barclays Bank Plc.  Full Article

Barclays continues to explore opportunities to reduce its shareholding in barclays africa
Thursday, 23 Feb 2017 02:06am EST 

Barclays Plc : Barclays uk produced an impressive rote of 19.3% . Barclays international delivered a rote of 8.0% . Reduced non-core rwas by £22bn . Credit impairment charges and other provisions (2,373) million stg . Announcing that we will close non-core on 30 june 2017, six months earlier than previously targeted. . Return on average tangible shareholders' equity was 3.6% . Credit impairment charges increased £611m to £2,373m . Increase in cet1 capital was largely driven by profits of £2.1bn generated in period . Says capital on track to meet our end-state target and we are well positioned to absorb headwinds over next few years . Additional uk customer redress provisions of £1,000m (2015: £2,772m) relating to payment protection insurance (ppi) were recognised . Says certain legacy conduct issues remain . Barclays continues to explore opportunities to reduce its shareholding in barclays africa . A final dividend for 2016 of 2.0p per share will be paid on 5 april 2017 . Says just months away from completing restructuring of barclays .End-State cet1 capital ratio target has been revised to 150-200bps above minimum regulatory level.  Full Article

Barclays 2016 group pretax profit 3.2bln stg
Thursday, 23 Feb 2017 02:05am EST 

Barclays : To close non-core unit 6 months early, in june . 2016 group pretax profit 3.2bln stg . 2016 cet 1 ratio at 12.4 percent . Agreed separation terms with barclays africa .2016 group bonus pool down 1 percent.  Full Article

Cerved agrees to manage Barclays 12 bln euro mortgage portfolio
Tuesday, 7 Feb 2017 01:38pm EST 

Italy's Cerved says: its Cerved Credit Management Group unit has signed letter of intent with Barclays Bank to exclusively manage a mortgage portfolio worth about 12 billion euros .management of portfolio to start third quarter this year.  Full Article

Fitch Publishes Barclays Global Automotive Conference Presentation

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: U.S. Autos: Key Industry Rating Issues https://www.fitchratings.com/site/re/906773 CHICAGO, November 21 (Fitch) Fitch Ratings has published the slides from its presentation, "U.S. Autos: Key Industry Rating Issues", that it presented on Nov. 16, 2017 at the Barclays Global Automotive Conference in New York. The presentation covers several topics of interest for auto-related fixed income investors, includin