|Bid||190.20 x 423300|
|Ask||196.50 x 350000|
|Day's Range||190.48 - 194.50|
|52 Week Range||177.30 - 220.10|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.03 (1.54%)|
|1y Target Est||N/A|
Britain's Barclays (BARC.L) has promoted insiders to two of its most senior banking roles as it looks to boost its profit. Barclays appointed Steven Penketh as chief operating officer for Barclays International, the unit that houses its investment bank and private banking businesses, a spokesman for the bank said, confirming what a source had told Reuters on Friday. The British lender has also appointed Steve Ewart as chief financial officer for Barclays Bank Plc, the new legal entity which houses Barclays International following the lender's split into Barclays International and Barclays UK.
Barclays PLC tapped Steve Penketh as the new chief operating officer and chief financial officer for its Barclays International unit, Reuters reported on Friday, June 22. Barclays International contains the investment banking and private banking businesses.
Britain's Barclays has promoted insiders to two of its most senior banking roles as it looks to boost its profit. Barclays appointed Steven Penketh as chief operating officer for Barclays International, the unit that houses its investment bank and private banking businesses, a spokesman for the bank said, confirming what a source had told Reuters on Friday.
Barclays has appointed Steven Penketh as chief operating officer for Barclays International, the unit that houses its investment bank and private banking businesses, a source familiar with the matter told Reuters on Friday. The British lender has also appointed Steve Ewart as chief financial officer for Barclays Bank Plc, the new legal entity which houses Barclays International following the lender's split into Barclays International and Barclays UK, the source said. A spokesman for Barclays confirmed the hires.
Investing.com- The dollar gained slightly on Wednesday morning trade in Asia as yields on U.S. treasures bounced off lows but concerns lingered over a U.S.- China trade war that is heating up and hindering the recovery of the greenback.
Moody's Investors Service ("Moody's") has assigned a Aa3 rating to the new Variable Rate Demand Preferred shares (VRDPs) issued by Invesco Senior Income Trust (VVR) and assigned an A1 rating to the VRDPs issued by Invesco Dynamic Credit Opportunities Fund (VTA) following the funds' refinancing transactions. VVR and VTA will each issue approximately $125 million in VRDPs with the proceeds used to redeem their outstanding Variable Rate Term Preferred shares (VRTPs) and add additional leverage to the funds.
Coming into 2018, many traders expected the environment of rising interest rates, financial sector deregulation and a booming U.S. economy to create the perfect environment for bank stocks. Unfortunately, ...
Volatility has crept back into the stock market in 2018. Discover four exchange-traded products (ETPs) to buy in times of high volatility.
The producer cartel, together with Russia, will gather in the Austrian capital on June 22 to discuss production policy. The British investment bank expects OPEC crude supplies, excluding Venezuela and Iran, to increase by 700,000 to 800,000 barrels per day.
Moody's Investors Service has today assigned Counterparty Risk Ratings to the rated bank subsidiaries and bank branches of seven large European banking groups: HSBC Holdings plc (HSBC), Deutsche Bank AG (DB), BNP Paribas (BNPP), Societe Generale (SG), Credit Suisse Group AG (CS), UBS Group AG (UBS), and to Barclays Bank PLC (BBPLC) and its rated branches. Additionally, Moody's assigned a long-term and short-term Counterparty Risk Assessment to UBS Limited at Aa3(cr), placed on review for upgrade/Prime-1(cr).
While there are several TIPS ETFs to tap rising consumer prices, we have highlighted five that have garnered enough capital this month and could be better picks.
Responding to the financial crisis, the U.S. Federal Reserve lowered the federal-funds rate to near zero in 2008. Around that time, the Treasury Department started issuing a record amount of bonds to address long-term Medicare and Social Security expenses while taking advantage of low interest rates. As a result, Treasuries' share of the investment-grade universe climbed significantly.
Britain's major banks will have to meet targets for recovering from cyber attacks and other disruptions to key services, a senior Bank of England official said on Wednesday. Lyndon Nelson, deputy chief executive of the BoE's Prudential Regulation Authority arm, said banks needed to be resilient to cyber attacks, or IT disruptions like those at British bank TSB, where customers were unable to access their accounts because of computer problems.
Britain's major banks will be set targets for recovering from cyber attacks and other disruptions to key services, a senior Bank of England official said on Wednesday. Lyndon Nelson, Deputy Chief Executive of the BoE's Prudential Regulation Authority arm, said banks need to be resilient to cyber attacks, or IT disruptions like those at TSB bank in recent weeks.
Moody's Investors Service affirms the VMIG 1 ratings on New York City Municipal Water Finance Authority (the Authority) Water and Sewer System Revenue Bonds Adjustable Rate Fiscal 2003 Subseries F-1-A and Water and Sewer System Second General Resolution Revenue Bonds Adjustable Rate Fiscal 2015 Subseries BB-4 (collectively the Bonds) in conjunction with the upcoming delivery of replacement Standby Bond Purchase Agreements (SBPAs) to be provided by Barclays Bank, PLC (the Bank). The long-term rating on the Bonds will remain Aa1.
When Lehman Brothers imploded almost 10 years ago, few Wall Street banks were worse placed to withstand the fallout than Citigroup . While most of its rivals had delivered bumper profits in 2007, Citi ...
Post-GFC recovery has driven major financial institutions’ return to health, increasing market confidence in these “too-big-to-fail” banks. As a large-cap stock with market capitalization of UK£34.44B, Barclays PLC (LSE:BARC) fallsRead More...
ASSIGNMENTS: Custodial Receipts (Barclays RIB), Custodial Receipts, RIB Floater Trust US$ 14.06M 5.00% Ser. 2018-FR/RI-011 due 2042 ...Aa2 (Barclays Bank PLC/ Letter of Credit - Direct Pay) Custodial Receipts ...
Moody's Investors Service has assigned a Aa2/VMIG 1 rating to the RIB Floater Trust (Barclays Liquidity) Floating Rate Trust Receipts (FLOATER-TRs), Series 2018-FR/RI-011 (the Receipts). The long-term rating is based upon the rating of the underlying custodial receipts, Custody Receipts, RIB Floater Trust, Series 2018-FR/RI-011, deposited into the trust. Events that would cause the liquidity facility to terminate without a mandatory purchase of the Receipts are related to the credit quality and the tax status of the custodial receipts deposited into the trust.
Moody's Investors Service has assigned a Aa2 enhanced rating to Custodial Receipts, RIB Floaters Trust, Series 2018-FR/RI-011 (the Receipts) evidencing an undivided interest in Dallas/Fort Worth International Airport Joint Revenue Improvement Bonds, Series 2010A (the Bonds). The rating is based upon joint default analysis (JDA), which reflects Moody's approach to rating jointly supported transactions. The JDA rating is based on the long-term rating, A2, of Barclays Bank PLC (the Bank) as provider of the Letter of Credit (LOC), the underlying rating of the Bonds, and the structure and legal protections of the transaction which provide for timely payment of debt service to Custody Receipt holders.
PARIS/NEW YORK (Reuters) - French bank Societe Generale (SOGN.PA) will pay $1.3 billion to resolve criminal and civil charges in the United States and France for bribing Gaddafi-era Libyan officials and manipulating the Libor interest rate benchmark, U.S. authorities said on Monday. The Paris-based bank is due to plead guilty in U.S. District Court in Brooklyn, New York, to resolve the foreign bribery case, the Justice Department said in a statement. Earlier on Monday, SocGen said it had agreed to pay 250 million euros ($293 million) to the French treasury as part of the overall U.S.-France settlement.
WILFRED FROST: WELCOME BACK TO THE "CLOSING BELL," I'M HERE AT THE TRADING FLOOR IN NEW YORK OF BARCLAYS BANK, AND I'M JOINED NOW, LIVE AND EXCLUSIVE, BY THE CEO OF BARCLAYS JES STALEY. YOU'RE ALSO FACING PRESSURE FROM AN ACTIVIST, EDWARD BRAMSON, WHO YOU'VE PERSONALLY MET WITH.
It has been a challenging year and a half for Barclays, CEO Jes Staley says. It certainly hasn't been an easy time for Barclays BARC-GB over the last year or so, but things are now looking up, CEO Jes Staley told CNBC on Monday. During that time the bank grappled with legal issues, while Staley also found himself the subject of an investigation.