Does Barclays (BCS) have what it takes to be a top stock pick for momentum investors? Let's find out.
The U.K. bank has been fined for lapses in dealings with risky customers, including a client tied to one of Britain's biggest money-laundering cases.
RBC Capital Markets has bumped up its price target for Barclays PLC (LSE:BARC) to 355p from 340p, keeping its 'outperform' rating ahead of the bank's second-quarter results. The boost comes after RBC raised its profit forecast for 2026 by 5%, thanks mainly to stronger income from Barclays UK and improved revenues in the Investment Bank.
The United Kingdom's Financial Conduct Authority fined Barclays 42 million pounds (about $56 million) for financial crime control lapses. The fine covers two cases that demonstrate “failings in its financial crime risk management,” according to a Wednesday (July 16) press release.
Barclays PLC (LSE:BARC) has been fined £42 million by the UK City watchdog for failures in managing financial crime risk, relating to two separate multimillion-pound money laundering cases. This included Barclays Bank UK receiving a £3.1 million fine from the Financial Conduct Authority after it opened a client money account for a firm called WealthTek without adequate checks.
Emily Field, head of European pharma research at Barclays, discusses which drug makers would be most impacted by 30% U.S. tariffs on EU imports, and the likelihood President Trump moves ahead with up to 200% tariffs on foreign pharma products.
UK banks have had their fair share of in-flight turbulence, but analysts still see them heading for a stable landing. According to UBS, domestic lenders have largely closed the gap with their European peers in terms of valuation, and the outlook remains constructive despite some short-term headwinds.
The Strategic transformation plan and restructuring already showing good results for Q1 2025. Recent acquisitions, restructuring, and expansion into private credit position Barclays for higher profitability and diversified revenue sources. Financial report for Q1 2025 shows strong revenue growth for the investment banking division, while the costs remain controlled.
UBS has reiterated its positive stance on UK banks, arguing that the sector is poised to re-rate as macroeconomic conditions stabilise and interest rate fears ease. The investment bank maintains an overweight position on UK domestic lenders, noting that they combine modest valuations with some of the strongest forecast returns in the European banking landscape.
The firm downgraded three advertising giants after recent meetings, while other analysts said artificial intelligence could increase demand for ad services eventually.
Can BCS' aggressive cost cuts and focus on core businesses deliver better returns than HSBC's Asia-centered strategy? Let's find out.
Dollar depreciation and tariffs may never resolve the U.S. current account deficit