Exclusive: Barclays explores bid for British wealth manager Evelyn, sources say
Barclays has been exploring a potential acquisition of Evelyn Partners, one of Britain's largest wealth managers, and is expected to place a bid next week, three people familiar with the matter told Reuters.
Barclays Shares Surge 68.4% YTD: How to Play the Stock Now
BCS stock's 68.4% YTD surge, driven by bold streamlining moves and solid capital returns, fuels momentum. Is this the right time to buy?
Consumer sentiment falling will hurt value stocks, says Barclays' Venu Krishna
Venu Krishna, Barclays head of U.S. equity strategy, joins 'The Exchange' to discuss the strategist's thoughts on value stocks, Krishna's thoughts on stock momentum and much more.
UK banks show quiet strength as lending picks up
After a surprisingly upbeat earnings season, the latest Bank of England data suggest the good news for UK lenders has some staying power. UBS analysts Jason Napier and Sanjena Dadawala note that September's figures point to accelerating loan growth and a healthier deposit mix, reinforcing the improving trend already visible in third-quarter results.
Barclays' quiet rerating gathers pace
Barclays PLC (LSE:BARC) has been the wallflower of the UK banking sector for years, but Deutsche Bank thinks it's time investors took another look. Analyst Robert Noble has lifted his price target from 380p to 480p and kept a “buy” rating, arguing that the market still undervalues the bank's progress.
Barclays gives its US consumer arm a shot of confidence with Best Egg deal
It has been a while since Barclays PLC's (LSE:BARC) American consumer business offered much to get excited about. But in the space of a week, the bank has changed the tone.
Barclays' $800 Million Fintech Gamble Marks A Pivot From Wall Street To Main Street
Barclays has agreed to buy U.S. fintech Best Egg for $800 million in a deal that gives the bank a ready-made digital platform for personal loans and a pipeline of assets it can package and sell to investors
Barclays Buys Best Egg to Crack US Consumer Loan Market
Barclays' consumer banking unit in the United States is set to acquire personal loan platform Best Egg. The $800 million deal between Barclays U.S. Consumer Bank (USCB) and the startup is set to be completed next year in the second quarter, according to a Tuesday (Oct. 28) press release.
Buyback Accelerators: 3 Stocks Boosting Capacity & Spending Speed
Adding new buyback capacity is great, but it doesn't always mean that the pace of a company's buyback spending will increase. This latter action is particularly relevant, as it means a firm is increasing the speed at which it is delivering buyback benefits.
Barclays bets on Best Egg to rebuild its US credit base
Barclays PLC's (LSE:BARC) latest deal in America looks less like a retreat and more like a reassertion of intent. The bank is buying Best Egg, a US personal loan originator, for $800 million, a move UBS believes sends a clear message that management want to grow the US consumer franchise rather than shrink it.
Barclays to buy US personal loan firm Best Egg for $800 million
Barclays will buy U.S. personal loan originator Best Egg
Barclays better than expected quarter boosted investor confidence - analyst
Deutsche Bank described Barclays PLC's (LSE:BARC) third-quarter results as “slightly better than expected”, highlighting that a surprise £500 million buyback and move to quarterly distributions as “helpful confidence indicators” of the bank's underlying capital generation. It reckons the quarter represented a modest but meaningful step toward sustained shareholder confidence.
