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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: 217.25
Bid: 216.70
Ask: 216.75
Change: 1.10 (0.51%)
Spread: 0.05 (0.023%)
Open: 216.05
High: 218.25
Low: 213.30
Prev. Close: 216.15
BARC Live PriceLast checked at -

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British challenger bank Aldermore's lending up 30 pct this year

Mon, 10th Nov 2014 07:33

LONDON, Nov 10 (Reuters) - Aldermore, the new British bankthat last month cancelled plans for a stock market listing, saidits loan book swelled 10 percent to 4.4 billion pounds ($7billion) in the latest quarter.

The bank, which was expected to be valued at about 800million pounds in the that was pulled after a fall in stockmarkets sapped investor interest in new listings, said thatlending to customers was up by 30 percent since the start of theyear.

Third-quarter profit almost matched the 18.6 million poundsAldermore made in the first six months of the year, the banksaid, though it did not disclose detailed results. Third-quarterreturn on equity - stripping out costs related to its initialpublic offering - approached 20 percent, which it had targetedby the end of 2017.

Aldermore is one of a group of so-called "challenger" banksaiming to break the dominance of Britain's big five of Lloyds, HSBC, Royal Bank of Scotland,Barclays and Santander UK, which togetheraccount for more than three quarters of lending in Britain.

Aldermore is headed by former Barclays executive PhillipMonks and backed by private equity firms AnaCap and MorganStanley Alternative Investment Partners.(1 US dollar = 0.6290 British pound) (Reporting by Steve Slater; Editing by David Goodman)

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26 Nov 2023 09:49

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LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

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24 Nov 2023 15:03

London close: Stocks mixed on quiet Friday

(Sharecast News) - Market performance showed a mixed trend in London today, with movements relatively subdued after the Thanksgiving holiday across the pond.

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24 Nov 2023 11:42

LONDON MARKET MIDDAY: Stocks edge lower in quiet Thanksgiving trade

(Alliance News) - Stock prices in London were down midday on Friday, in a quiet day of trade as the Thanksgiving holiday saw global markets "hit the snooze button."

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24 Nov 2023 09:20

PRESS: Barclays works on plan to cut 2,000 back office jobs - Reuters

(Alliance News) - Barclays PLC is working on restructuring plans that could involve cutting as many as 2,000 jobs to save GBP1 billion, Reuters reported on Thursday.

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24 Nov 2023 08:41

Barclays looking to save up to £1bn; 2,000 jobs at risk - report

(Sharecast News) - Barclays is reportedly working on plans to save as much as £1bn, which could result in as many as 2,000 job losses, mainly in the bank's back office.

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23 Nov 2023 11:28

Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

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21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

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17 Nov 2023 15:18

Barclays exploring acquisition of Tesco Bank - report

(Sharecast News) - Barclays has reportedly been exploring a potential acquisition of Tesco's banking operations.

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17 Nov 2023 09:55

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

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

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12 Nov 2023 20:09

Sunday newspaper round-up: Tax fraud scandal, Royal Mail, Metro Bank

(Sharecast News) - More claims against banks and individuals operating in the City linked to the so-called Cum-Ex case are likely. The tax fraud scandal - Europe's largest ever - is estimated to have cost German taxpayers alone almost £10bn. Among the lenders being investigated are Barclays, Bank of America Merrill Lynch, Morgan Stanley, BNP and Nomura, together with law firms and auditors. Last week, the Supreme Court ruled that Danish authorities could pursue an alleged £1.4bn Cum-Ex fraud in London. The decision may open the floodgates to to claims from regulators in other European countries. - Financial Mail on Sunday

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3 Nov 2023 08:43

LONDON MARKET OPEN: FTSE 100 climbs as focus turns to US nonfarms

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27 Oct 2023 17:08

LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.

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27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

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27 Oct 2023 09:12

LONDON MARKET OPEN: NatWest trims outlook and admits Farage "failings"

(Alliance News) - London's FTSE 100 opened slightly lower on Friday, as banking stocks weighed on the index, with NatWest the worst of the lot after admitting to "serious failings" following a review of the controversial closure of UK politician Nigel Farage's Coutts account.

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