Barclays PLC (BCS) - NYSE
  • Yesterday, 9:22 AM
    | Yesterday, 9:22 AM
  • Yesterday, 8:16 AM
    • Barclays (NYSE:BCS): 1H16 EPS of £0.01
    • Revenue of £11.01B (-9.1% Y/Y)
    • Shares +7.9% PM.
    • Press Release
    | Yesterday, 8:16 AM | 13 Comments
  • Thu, Jul. 21, 5:34 PM
    • Top gainers, as of 5.25 p.m.: PFPT +12.2%. BCS +3.7%. AMID +3.1%. RNET +3.0%. EGHT +2.8%.
    • Top losers, as of 5.25p.m.: SKX -14.4%. ATHN -12.1%. P -6.7%. FLEX -5.6%. SWKS -4.8%.
    | Thu, Jul. 21, 5:34 PM | 2 Comments
  • Tue, Jul. 12, 9:24 AM
    | Tue, Jul. 12, 9:24 AM
  • Fri, Jul. 8, 9:15 AM
    | Fri, Jul. 8, 9:15 AM
  • Wed, Jul. 6, 11:10 AM
    • Cashing out of stocks in one thing, but unloading that office building or shopping mall by the close of business is a different story. Henderson Global Investors suspends dealings in its £3.9B U.K. property fund, becoming the fourth such outfit to do so this week.
    • The FTSE 100 (NYSEARCA:EWU) is lower by 1.45% ahead of the close, outperforming Europe once again, where most major markets are down 2% or more.
    • That's in nominal terms, of course. The British pound (NYSEARCA:FXB) has taken out new three-plus decade lows, now down 1% vs. the dollar at $1.2892.
    • Faring worst in the U.K. are the banks. RBS (RBS -7.7%), Lloyds (LYG -8.9%), Barclays (BCS -3.6%), HSBC (HSBC -1%).
    | Wed, Jul. 6, 11:10 AM | 13 Comments
  • Tue, Jul. 5, 6:21 AM
    • The Bank of England has taken steps to shore up the U.K. economy following Britons' decision to exit the EU, warning that the outlook for the stability of the financial system has become "challenging."
    • The decision to reduce the so-called countercyclical capital buffer to zero will allow British banks to lend an extra £150B to U.K. businesses and households, keeping the economy flush with credit.
    | Tue, Jul. 5, 6:21 AM | 18 Comments
  • Mon, Jul. 4, 10:01 AM
    • Three former Barclays (NYSE:BCS) traders have been found guilty of Libor manipulation almost four years since the bank paid out hundreds of millions of dollars in fines for fixing the key benchmark rate.
    • Days after the British firm became the first to settle, its Chief Executive Officer, Bob Diamond, lost his job and regulators eventually imposed roughly $9B in penalties on the financial industry.
    | Mon, Jul. 4, 10:01 AM | 6 Comments
  • Sun, Jul. 3, 3:27 PM
    • Bidders have been notified that Bank of America (NYSE:BAC) may call off its planned sale of £7B UK credit-card operations unit MBNA following the country's Brexit vote, sources say.
    • Some private equity bidders were said to be having difficulty raising funds after U.K. residents voted in favor of leaving the EU.
    • The price bidders were prepared to pay for the credit-card unit declined by as much as a third following the Brexit vote.
    • Possible bidders include Lloyds (NYSE:LYG), Barclays (NYSE:BCS) and Santander UK (NYSE:SAN).
    | Sun, Jul. 3, 3:27 PM | 41 Comments
  • Thu, Jun. 30, 11:00 AM
    • The bank is "staying anchored" in the U.K., says CEO Jes Staley in a BBC interview, and has no plans to pick up and move people to other locations.
    • He adds that Barclays (BCS -2.1%) does want to "stay connected to European capital markets," which may cause need for hiring outside of the U.K., but this doesn't mean job cuts in the U.K.
    • Previously: HSBC staying put in London (June 30)
    | Thu, Jun. 30, 11:00 AM | 6 Comments
  • Wed, Jun. 29, 11:02 AM
    • In the first are what are expected to be a series of mandatory "fireside chats," the heads of the five major U.K. banks, along with some smaller lenders, came into the Bank of England yesterday.
    • Source: FT
    • At the meeting - chaired by a senior central bank official and including an appearance by Governor Mark Carney - the bankers were given a supportive message about the amount of liquidity in the system, and "encouraged" to keep the lending spigots open (as opposed to the credit crunch that followed Lehman Brothers).
    • Those present included the CEOs of HSBC, BCS, LYG, RBC and OTCPK:SCBFF.
    | Wed, Jun. 29, 11:02 AM | 4 Comments
  • Wed, Jun. 29, 4:14 AM
    • Moody's has cut its outlook on the British banking system from stable to negative following the Brexit referendum.
    • "We expect lower economic growth and heightened uncertainty over the U.K.'s future trade relationship with the EU to lead to reduced demand for credit, higher credit losses and more volatile wholesale funding conditions," the agency declared.
    • On the other side of the fence, ECB Vice President Vitor Constancio said banks were oversold in the wake of Brexit and it wasn't a "Lehman moment."
    | Wed, Jun. 29, 4:14 AM | 5 Comments
  • Tue, Jun. 28, 7:13 AM
    • That $35B is through 2018, and it represents an 11% decline from what profits would have been without the economic shock of the Brexit, says Goldman. U.K. banks will suffer the most, with Nordic lenders least exposed.
    • The team cuts Barclays (NYSE:BCS) to Neutral from Buy, citing "heightened operational risk due to passporting (system that lets EU members service clients in all of the bloc's states)."
    • After the carnage of Friday and Monday, it's bounce day today. Lloyds (NYSE:LYG+6.1%, RBS +4.05%, HSBC +1.7%, BCS +2.3% premarket.
    • European lenders: DB +2.8%, SAN +2.45%.
    • ETF: EUFN +4%
    | Tue, Jun. 28, 7:13 AM | 22 Comments
  • Tue, Jun. 28, 5:19 AM
    • Moody's will revise the outlook of "a number of big U.K. lenders" to negative from stable today due to fallout from last week's EU referendum, Sky News reports.
    • The plan comes just hours after rival Standard & Poor's stripped the U.K. of its coveted triple-A rating and Fitch downgraded the sovereign.
    • Related tickers: HSBC, BCS, RBS, LYG, OTCPK:SCBFF
    | Tue, Jun. 28, 5:19 AM | 8 Comments
  • Mon, Jun. 27, 1:00 PM
    | Mon, Jun. 27, 1:00 PM
  • Mon, Jun. 27, 12:51 PM
    | Mon, Jun. 27, 12:51 PM | 4 Comments
Company Description
Barclays Plc operates as a bank holding company that engages in the business of providing retail banking, credit cards, corporate and investment banking and wealth management services in Europe, the Americas, Africa and Asia. The company operates in nine segments: UK Retail & Business Banking,... More
Sector: Financial
Industry: Foreign Money Center Banks
Country: United Kingdom