Barclays PLC Sponsored ADR (BCS)
Lloyds's Halifax and Barclays join lenders hiking mortgage rates - 'but U-turns may follow'
Lloyds Banking Group PLC (LSE:LLOY) and Barclays PLC (LSE:BARC) have followed NatWest in hiking mortgage rates, despite expectations that Bank of England will lower borrowing costs over the next two months. From tomorrow, Halifax, the UK's biggest mortgage lender and part of FTSE 100-listed Lloyds, will raise increases on two-year and five-year fixed mortgages by between 0.11% and 0.24%.
Barclays CEO on UK growth
UK growth will come from loosening restrictions, according to Barclays CEO C.S. Venkatakrishnan.
Barclays to Become Exclusive Issuer of General Motors Credit Cards
Barclays US Consumer Bank will become the exclusive issuer of General Motors' GM Rewards Mastercard and GM Business Mastercard in the United States in the summer of 2025 and will acquire the card program's receivables from the current issuer — Goldman Sachs — next year.
Labour to strip post-financial crisis ring-fencing rules
Economic secretary Tulip Siddiq has stated that Labour will scale back the ring-fencing rules imposed on banks and financial institutions following the global financial crisis of 2007-08. These rules were implemented through the Financial Services (Banking Reform) Act 2013 in response to the banks' high-risk investing activities that caused the global financial crisis.
Nike has to reinvest back into R&D and demand creation, says Barclays' Adrienne Yih
Adrienne Yih, Barclays analyst, joins 'Squawk Box' to discuss the new leadership team at Nike, the challenges facing new CEO Elliott Hill, and more.
Are Barclays shares the pick of the European crop? This leading investment bank thinks so
Barclays PLC (LSE:BARC) is among the top picks in the European financial sector, according to a new research note from JP Morgan (JPM). It highlights Barclays and Deutsche Bank (DBK) as key players set to benefit from trends in investment banking seen in the recent results from the US.
GM, Barclays sign long-term credit card partnership agreement
General Motors and Barclays have signed a long-term credit card partnership agreement, the companies said on Monday.
CVS Health Positioned For Medicare Margin Expansion And Market Share Gains, Says Barclays Analyst
Barclays upgraded CVS Health Inc CVS on higher Pharmacy & Consumer Wellness (PCW) estimates as headwinds are offset by share gains, with further upside potential from CostVantage.
European companies could still beat earnings estimates, Barclays says
European companies are heading into the upcoming earnings season on shaky ground, but lowered earnings estimates could help them beat analysts' forecasts in fiscal 2024.
Robinhood Stock Soars on Investor Day News, Barclays Note
Robinhood Markets (HOOD) shares jumped Tuesday after the online trading platform announced its first investor day, and Barclays gave a positive view of the company in its third-quarter outlook for the brokerage industry.
Barclays' bear case for Netflix 'sounds pretty grim', says Jim Cramer
'Mad Money' host Jim Cramer talks today's conflicting Netflix calls.
Jeep Parent Stellantis Posts Big Drop in US Sales, Gets Downgrade From Barclays
Stellantis (STLA) shares fell Thursday after the automaker's U.S. unit reported a big drop in sales as all but one of its brands declined. The stock was also downgraded by Barclays.
