BARC.L - Barclays PLC

LSE - LSE Delayed Price. Currency in GBp
169.40
+0.48 (+0.28%)
At close: 4:37PM BST
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Previous Close168.92
Open169.40
Bid169.30 x 423300
Ask169.38 x 350000
Day's Range166.62 - 170.00
52 Week Range145.00 - 217.65
Volume35,780,149
Avg. Volume44,585,735
Market Cap29.185B
Beta (3Y Monthly)0.09
PE Ratio (TTM)18.41
EPS (TTM)9.20
Earnings DateApr 25, 2019
Forward Dividend & Yield0.07 (4.20%)
Ex-Dividend Date2019-02-28
1y Target Est221.84
  • Financial Times2 hours ago

    Shareholder adviser ISS backs Barclays in Bramson battle

    Institutional Shareholder Services, a proxy adviser, said Edward Bramson, the activist investor, had “not presented a sufficiently compelling case” in his campaign to convince other investors to vote him on to the Barclays board at its annual meeting on May 2. Mr Bramson has built up a 5.5 per stake in Barclays via his Sherborne Investors vehicle and is pushing for the UK-based lender to scale back its underperforming investment bank in an attempt to boost overall returns.

  • Barclays and Red Kite settle copper market dispute
    Reutersyesterday

    Barclays and Red Kite settle copper market dispute

    British bank Barclays and hedge fund Red Kite Group have settled a legal dispute in which the fund accused the bank of manipulating the copper market and causing it to lose money. "Legal proceedings between the Red Kite group as Claimants and Barclays Bank PLC as Defendant have been concluded on mutually acceptable terms," Barclays said in a statement on Thursday, without giving details of the settlement. Red Kite in 2017 sued Barclays for $850 million, alleging in court documents that the bank's proprietary traders were able to see the hedge fund's confidential trading positions on the London Metal Exchange (LME) that were being executed by another division of Barclays.

  • Financial Timesyesterday

    Shoppers unfazed by Brexit as UK retail sales jump

    Retail sales “smashed expectations” in March as consumers continued to power the UK economy, despite a sharp rise in credit card defaults, official figures showed on Thursday. Retail revenues were up 1.1 per cent last month compared with February, much better than economists’ expectations of a fall of 0.3 per cent, the Office for National Statistics said on Thursday. The figures, which relate to the first three months of this year, raise questions over the sustainability of consumer spending.

  • Barclays and Red Kite Settle $850 Million Market Abuse Case
    Bloombergyesterday

    Barclays and Red Kite Settle $850 Million Market Abuse Case

    Red Kite had previously said actions by Barclays traders cost it at least $850 million between 2010 and 2013. The lawsuit has been closely watched in the metals market and legal circles. Many were awaiting the outcome of a trial scheduled for 2020, which would have pitted the commodities hedge fund against a bank that has been rocked by claims of manipulative trading spanning interest rates, currencies and precious-metal markets.

  • Investors are worried about European bank earnings — here is all you need to know
    CNBCyesterday

    Investors are worried about European bank earnings — here is all you need to know

    Big European banks are set to report their first-quarter earnings and some investors fear that poor report cards could lead to further volatility.

  • Barclays, BNP Eye Goldman's Playbook for Private Debt
    Bloomberg2 days ago

    Barclays, BNP Eye Goldman's Playbook for Private Debt

    BNP Paribas could raise outside money for its first such fund, known as a direct-lending fund, as soon as this year, according to a person with knowledge of the matter. Discussions at Barclays are more preliminary, but any fund set up could offer a broad range of financing options, according to separate people. The banks are considering following the lead of Goldman Sachs Group Inc., which decades ago set up a direct lending arm that has helped it win fees.

  • Moody's3 days ago

    Towd Point Mortgage Funding 2019 - Granite4 plc -- Moody's assigns Aaa (sf) to RMBS Notes issued by Towd Point Mortgage Funding 2019 - Granite4 plc

    The GBP 198,187,000 Class B Mortgage Backed Floating Rate Notes due October 2051, the GBP 160,437,000 Class C Mortgage Backed Floating Rate Notes due October 2051, the GBP 84,937,000 Class D Mortgage Backed Floating Rate Notes due October 2051, the GBP 56,625,000 Class E Mortgage Backed Floating Rate Notes due October 2051, the GBP 52,850,000 Class F Mortgage Backed Floating Rate Notes due October 2051, the GBP 88,714,000 Class Z Mortgage Backed Notes due October 2051, the GBP 132,125,000 Class XA1 Mortgage Backed Floating Rate Notes due October 2051, the GBP 113,250,000 Class XA2 Mortgage Backed Floating Rate Notes due October 2051, and the Class XB Certificates have not been rated by Moody's. The loans are backed by a pool of prime UK residential mortgages, which are currently securitized assets within Towd Point Mortgage Funding 2016-Granite 1 PLC ("Granite 1") and Towd Point Mortgage Funding 2016 - Granite 2 Plc ("Granite 2").

  • Moody's4 days ago

    Barclays Bank Mexico, S.A. -- Moody's announces completion of a periodic review of ratings of Barclays Bank Mexico, S.A.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Barclays Bank Mexico, S.A. New York, April 15, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Barclays Bank Mexico, S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • London's FTSE 100 subdued, IWG lifts midcaps
    Reuters4 days ago

    London's FTSE 100 subdued, IWG lifts midcaps

    The blue-chip index ended a lacklustre session about flat, lagging its European peers, while the FTSE 250 held on to its six-month high with a 0.5 percent rise as a stronger pound also aided. The pound's gains followed upbeat comments from Britain's foreign minister Jeremy Hunt on talks between the government and the opposition Labour Party to find a consensus over Brexit.

  • Reuters4 days ago

    London's FTSE 100 tugged down by miners; IWG lifts midcaps

    (Reuters) - Britain's main index lost ground on Monday as miners and oil majors fell, more than offsetting gains in bank stocks. The FTSE 100 was 0.2 percent lower, lagging its European and Asian counterparts, ...

  • Activist investor Bramson launches major broadside at Barclays bosses
    Evening Standard4 days ago

    Activist investor Bramson launches major broadside at Barclays bosses

    The row between Barclays and Ed Bramson ramped up another notch on monday when the rebel investor attacked the make-up of the board and questioned the competence of incoming chairman Nigel Higgins. Bramson, a corporate raider who specialises in taking stakes in underperforming companies and agitating for change, is seeking a seat on the board as he pushes his plan for Barclays to ditch all or part of its investment bank. While the chances of him securing a seat are low — few investors have backed him — the continuing weakness of the Barclays share price is making him hard to ignore.

  • Barclays activist Bramson renews call to join the board
    Reuters4 days ago

    Barclays activist Bramson renews call to join the board

    Activist Edward Bramson on Monday made a renewed plea for Barclays' investors to give him a seat on the bank's board, as the war of words between his Sherborne Investors fund and the lender's management ratchets up. Both camps have begun a back-and-forth courting of shareholders ahead of the bank's May 2 annual general meeting as Bramson attempts to muscle in on decision-making at the company and push through his proposal for a strategic overhaul of Barclays investment bank. After both issued statements last week laying out their case, New York-based Bramson again wrote to investors on Monday to say nothing Barclays had said had made him change his view about what needed to change at the bank.

  • Financial Times4 days ago

    BofA extends financing for activist Bramson’s Barclays stake

    Edward Bramson, the activist investor targeting Barclays, has extended the duration of an arrangement with Bank of America that allowed him to build the majority of his stake with a $1.4bn loan. to buy most of his Barclays shares, the Financial Times reported in February, helping him amass a stake of 5.5 per cent that has made him the company’s third-largest shareholder. whereby BofA borrowed the Barclays shares and sold them to Mr Bramson while also providing him with the financing.

  • Moody's7 days ago

    Los Angeles County Metro. Transp. Auth., CA, Second Subordinate Sales Tax Revenue Commercial Paper Notes, Series A-TE-Barclays (Tax-Exempt Notes), & Series A-T-Barclays (Taxable Notes) (Proposition A), $200MM -- Moody's assigns P-1 LOC-backed rating to Los Angeles County MTA Sales Tax Revenue CP Notes Series A-TE-Barclays and Series A-T-Barclays (Proposition A)

    Moody's Investors Service has assigned P-1 letter of credit-backed ratings to Los Angeles County Metropolitan Transportation Authority (Authority) Second Subordinate Sales Tax Revenue Commercial Paper Notes Series A-TE-Barclays (Tax-Exempt Notes) and Series A-T-Barclays (Taxable Notes) (Proposition A). The Series A-TE-Barclays and Series A-T-Barclays (the Notes) will be supported by a letter of credit (LOC) provided by Barclays Bank plc. (the Bank).

  • Bloomberg7 days ago

    Stocks Rally on Dovish Central Banks, China Data: EM Week Review

    Assets eked out gains even as the International Monetary Fund cut global growth forecasts. EMEA:Turkey’s election board rejected a request by the ruling party for a full recount of votes in Istanbul after President Recep Tayyip Erdogan pushed for a rerun of the local election in the nation’s largest city following his party’s defeat thereTreasury and Finance Minister Berat Albayrak announced the biggest capital injection to banks in 18 years to help them cope with rising bad loans as the economy grapples with recessionErdogan said he’s going ahead with the controversial purchase of a Russian air-defense system over U.S. objections as Kremlin leader Vladimir Putin urged even closer military ties between the two countries The South African Reserve Bank is steadfast that it wants to see inflation expectations anchored at the 4.5 percent midpoint of its target range, Governor Lesetja Kganyago saidRussia notched up its latest debt-sale record, seizing on appetite from yield-hungry investors in a placement that underscored how sanction concerns are easing.

  • Reuters7 days ago

    Barclays warns against 'disruptive' activist Bramson

    In response to a letter sent by Bramson's Sherborne investment vehicle to shareholders on April 8, Barclays said the activist investor would have "a disruptive and uncollaborative influence on the board". The British bank also questioned Bramson's banking experience, arguing that he does not have the right skills and he is not aligned with the wider shareholder base. The lender said Bramson's letter showed he had "a preconceived viewpoint and a poor understanding" of Barclays and its corporate and investment bank (CIB).

  • Financial Times7 days ago

    Starling confirms CFO departure weeks after major fundraising

    Starling Bank has said its chief financial officer is stepping down, weeks after the fintech firm secured a series of major investments. Tony Ellingham joined Starling in 2015, having previously held senior positions at Nationwide and Lloyds Banking Group. On Friday, Starling said: “As part of its long term succession planning, Starling has begun a search for a new CFO.

  • Reuters8 days ago

    PRESS DIGEST- British Business - April 12

    The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Ride hailing company Uber Technologies ...

  • Barclays Hits Back at Activist’s ‘Misleading’ Criticisms
    Bloomberg8 days ago

    Barclays Hits Back at Activist’s ‘Misleading’ Criticisms

    The British bank strongly opposes Bramson’s appointment to its board, according to a statement on Thursday. The activist’s vehicle Sherborne Investors, which set out its proposals on Monday, has been “selective and misleading” in describing the investment bank’s strategy, the lender said. Bramson, who has an investment of about 5.5 percent in Barclays, has said it could be forced to raise capital, sell lucrative businesses or cut dividends if it persists in prioritizing its investment bank.

  • Financial Times8 days ago

    Barclays hits back at activist Edward Bramson

    Barclays hit back at activist investor Edward Bramson on Thursday, arguing that his appointment to its board of directors would destabilise the bank. The company conceded that its investment banking unit, which is unpopular with some investors, was still underperforming but insisted that Mr Bramson’s election as a director was “not what Barclays needs right now”. there was a “real threat” that Barclays would have to raise fresh capital from its shareholders unless it scaled back its trading operations.

  • Moody's9 days ago

    Small Business Origination Loan Trust 2019-1 DAC -- Moody's assigns definitive ratings to Small Business Origination Loan Trust 2019-1 DAC's SME ABS notes

    Rating Action: Moody's assigns definitive ratings to Small Business Origination Loan Trust 2019-1 DAC's SME ABS notes. Global Credit Research- 10 Apr 2019. GBP 155.90 million of securities rated.

  • Financial Times9 days ago

    ECB vows to hold rates steady until ‘at least’ the end of 2019

    The European Central Bank is willing and able to act if the eurozone economy remains weak, Mario Draghi has signalled, in a move that paves the way for more radical monetary stimulus later this year.  ...

  • Can Barclays PLC (LON:BARC) Survive The Next Financial Crisis?
    Simply Wall St.9 days ago

    Can Barclays PLC (LON:BARC) Survive The Next Financial Crisis?

    As a large-cap stock with market capitalization of UK£28b, Barclays PLC (LON:BARC) falls into the category of a major bank. As these large financial institutions revert back to health after the 2008 Financial Crisis, we are seeing an in...