Barclays PLC Sponsored ADR (BCS)
Barclays reports first half profit falls 9%, less than feared
Barclays reported a lower than expected 9% fall in first half pretax profit, as a strong performance from its investment bank compensated for falling revenues elsewhere.
Barclays and HSBC expected to round off bank week in style
HSBC Holdings PLC (LSE:HSBA) interims mark the swansong of Noel Quinn as chief executive so there shouldn't be any nasty surprises. Quinn departs on 2 September with Georges Elhedery, its current chief financial officer, promoted to the CEO role.
Lloyds, Barclays and NatWest share client data in 'dirty money' crackdown
Barclays PLC (LSE:BARC), NatWest Group PLC (LSE:NWG), Lloyds Banking Group PLC (LSE:LLOY) and other UK banks have provided the National Court Agency with customer data as part of plans to tackle "dirty money" flowing through the company's economy. The project, which is the largest of its kind in the world, is set to take on criminal gangs and money laundering, which is estimated to cost the economy some £350 billion every year.
Exclusive: Barclays reaps hedge fund riches in battle of the prime brokers
Barclays is winning business from its top Wall Street rivals in prime brokerage, a lucrative investment banking battleground where lenders are battling to serve hedge funds in an array of increasingly complex trades.
Barclays (BCS) is a Great Momentum Stock: Should You Buy?
Does Barclays (BCS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Former Barclays CEO told to testify in appeal over Qatar fundraising fine
Former Barclays CEO John Varley has been ordered by a London tribunal to give evidence at the British bank's appeal against a 50-million pound ($65-million) fine over its 2008 fundraising with Qatar.
Barclays tries to slash UK investors' $720 mln 'dark pool' lawsuit
Barclays on Monday asked London's High Court to more than halve a shareholders' lawsuit worth up to 560 million pounds ($720 million) accusing the British bank of misleading the market about its private "dark pool" trading platforms.
Reckitt Benckiser needs to draw line under infant formula litigation, says Barclays
Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) half-year update on Wednesday (24 July) will see infant formula litigation remain the dominant factor, analysts at Barclays believe. One of the investment problems is that the is little visibility on the timing of any resolution, says the bank.
Barclays says ex-PIMCO boss El-Erian to step down from board
Former PIMCO CEO Mohamed A. El-Erian will step down from the board of Barclays , the British bank said on Friday, following his appointment as chair of sportswear brand Under Armour Inc.
Lloyds, Barclays, NatWest and HSBC shares fall as IT outage impacts banks
Shares in Lloyds Banking Group PLC (LSE:LLOY), Barclays PLC (LSE:BARC), NatWest Group PLC (LSE:NWG) and HSBC Holdings PLC (LSE:HSBA) all traded lower in Friday's early deals amidst uncertainty over the potential disruptions caused by a global IT outage. A cloud services outage overnight caused chaos in the US.
3 Stocks Worth a Look From the Prospering Foreign Banks Industry
Despite concerns related to high restructuring costs, Zacks Foreign Bank industry stocks like HSBC, BCS and DB will benefit from higher rates.
Barclays aims to triple staff across key Asia wealth markets, Bloomberg News reports
UK's Barclays plans a major hiring spree in Asia to expand client assets over the next few years, focusing on the ultra rich and family offices in India and Singapore, Bloomberg News reported on Wednesday, citing a Barclays executive.
