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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
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Share Price: 203.65
Bid: 203.95
Ask: 204.05
Change: -0.70 (-0.34%)
Spread: 0.10 (0.049%)
Open: 204.00
High: 207.45
Low: 202.75
Prev. Close: 204.35
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Barclays CEO makes first day gain as shares jump on "stress test" results

Tue, 01st Dec 2015 13:00

LONDON, Dec 1 (Reuters) - Barclays Plc sharesjumped 4 percent on Tuesday after Britain's third biggest bankcame through a "stress test" by regulators better than expected,netting a quick 230,000 pounds for its new chief executive onhis first morning.

Jes Staley, a former head of investment banking at U.S. bankJPMorgan, took over as CEO on Tuesday just as the Bankof England released results of its annual health check of thecountry's seven biggest lenders.

By 1220 GMT shares in Barclays were up 3.8 percent at 232pence, leading gains by all the UK banks as investors reactedpositively to the stress test results.

There had been concern the results would show Barclays maybe stretched during the 2016 stress test, when minimum commonequity capital ratio (CET1) and leverage requirements will rise.

"If all banks were to suffer the same stressed hit toCET1/leverage ratios next year, then they would still pass. Thisis better than we had anticipated, especially for Barclays,"said Citi analyst Andrew Coombs.

For American Staley, it brought in a paper gain on 6.5million pounds of Barclays shares he bought last month. He isnear flat on that bet, after buying the shares at 233p apiece.

Staley said on Tuesday he was joining Barclays with"excitement and optimism for the future."

"We of course have much to do to get the bank where we wantit to be, but I am confident we will get there together," Staleysaid in a brief memo to staff.

He issued a more detailed memo when he was appointed in lateOctober, pledging to complete a restructuring of the investmentbank. That is seen as one of his key early tasks, alongsideseparating its domestic retail bank to meet new UK rules,cutting more costs, and improving culture and standards,investors have said. (Reporting by Steve Slater, editing by David Evans)

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9 Feb 2024 08:49

LONDON MARKET OPEN: Tesco bank sold to Barclays for GBP600 million

(Alliance News) - Stock prices in London lacked direction on Friday, after Barclays announced plans to buy the retail banking business of Tesco Bank.

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9 Feb 2024 08:11

Barclays adds scale, income and profits with Tesco Bank deal, says Shore Capital

(Sharecast News) - Shore Capital has reiterated a 'buy' recommendation on Barclays after its deal to takeover Tesco Personal Finance for £600m, saying that the stock should double from current levels.

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9 Feb 2024 07:59

TOP NEWS: Barclays buys Tesco Bank as supermarkets refocus on food

(Alliance News) - Barclays PLC and Tesco PLC on Friday announced an agreement for Barclays to buy the retail banking business of Tesco Bank, as the big UK supermarkets scale back their forays into financial services.

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9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

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9 Feb 2024 07:03

Tesco sells banking unit to Barclays for £600m

(Sharecast News) - UK supermarket giant Tesco has sold its most of its retail banking business to Barclays for £600m, the two companies said on Friday.

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Sunday newspaper round-up: Asda, Barclays, McLaren

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26 Jan 2024 17:39

Texas bans Barclays from local govt debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton on Friday said Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its pledges to cut greenhouse gas emissions.

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26 Jan 2024 17:08

Texas bans Barclays from local debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton said on Friday that Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its carbon emissions reduction commitments.

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25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

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25 Jan 2024 10:05

Bank of England says 'ring fencing' capital rules for retail banks need no major overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked "satisfactorily" with no major overhaul needed.

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23 Jan 2024 12:37

UK Chancellor Hunt meets top UK bank heads over plans to boost City

(Alliance News) - Jeremy Hunt has met the UK's biggest banks as part of efforts among the government to boost interest in the City.

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22 Jan 2024 17:14

European shares rise as Wall Street rallies; ECB decision in focus

Kindred jumps on takeover bid from FDJ

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22 Jan 2024 16:59

London stocks climb as homebuilders shine, China weakness drags miners

Barclays up after bullish view from MS

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LONDON MARKET OPEN: FTSE 100 follows New York into the green

(Alliance News) - Stock prices in London opened higher on Monday, propelled by gains on Wall Street at the end of last week.

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19 Jan 2024 09:28

LONDON BROKER RATINGS: BofA cuts Pearson, raises Just Eat Takeaway

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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