News and Press Releases - Barclays
WEBFind out the latest news and announcements from Barclays, a leading global bank. Read about topics such as consumer spending, property insights, investment banking, co-branded credit card, and more.
Barclays shares up 6% as bank swings back to profit in first …
WEBApr 25, 2024 · LONDON — Shares of Barclays rose nearly 7% on Thursday after the bank reported first-quarter net income attributable to shareholders of £1.55 billion ($1.93 billion), beating expectations and...
Barclays to return £10bn to shareholders - Financial Times
WEBFeb 20, 2024 · Barclays has pledged to return £10bn to shareholders over the next three years as part of an ambitious plan by chief executive CS Venkatakrishnan to boost revenues and rebalance the lender away...
Barclays jumps 8.6% after announcing major strategic overhaul
WEBFeb 20, 2024 · Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender announced an extensive strategic overhaul. On Tuesday, the bank announced a huge...
Barclays focuses on Britain, cost cuts, buybacks to win over investors
WEBLONDON, Feb 20 (Reuters) - Barclays (BARC.L) laid out a three-year plan to revive its flagging share price on Tuesday, including axing 2 billion pounds of costs, returning 10 billion pounds...
Barclays chief under pressure to win over sceptics with strategy …
WEBFeb 17, 2024 · Barclays chief executive CS Venkatakrishnan will next week attempt to fulfil a promise his predecessor made to shareholders eight years ago: that a future with the UK bank is a bright one.
Barclays reveals revival plan to woo investors as profits fall - Sky News
WEBFeb 20, 2024 · The UK-based lender announced a three-year plan to cut costs, risk and return £10bn to shareholders amid falling profits and investor pressure. The plan includes job losses, business disposals and a focus on its UK consumer arm.
Barclays significantly increases sustainable finance as the …
WEBDec 14, 2022 · Barclays announces new targets to facilitate $1trn of Sustainable and Transition Financing by 2030 and to invest £500m in climate-tech start-ups by 2027. The Group also updates its Sustainable Finance Framework and Transition Finance Framework to align with the Paris Agreement goals.
Exclusive: Barclays working on $1.25 bln cost plan, could cut up to ...
WEBNov 23, 2023 · LONDON, Nov 24 (Reuters) - Barclays (BARC.L) is working on plans to save up to 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in the British bank's...
Barclays focuses capital and resources on supporting energy …
WEBFeb 9, 2024 · Barclays announces new policies to stop financing oil and gas expansion projects and support energy companies in low-carbon transition. The bank also publishes a Transition Finance Framework to meet its $1trillion …