News and Press Releases - Barclays
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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 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 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 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 explores plan to drop thousands of investment banking …
WEBNov 28, 2023 · Barclays is exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut £1bn of costs.
Barclays significantly increases sustainable finance as the …
WEBDec 14, 2022 · Following substantial interest and demand, Barclays today announces that it is significantly increasing its own equity capital investment into global climate tech start-ups. The Group’s Sustainable Impact Capital investment mandate will increase from £175m by 2025, to £500m by 2027.
Barclays announces updates to Group Executive Committee
WEBDec 7, 2022 · Barclays today announces the following updates to its Group Executive Committee, effective February 2023: Mark Ashton-Rigby will step down from his current role as Group Chief Operating Officer (COO) and Chief Executive of BX.
Barclays Leans Away From Wall Street in Overhaul Plan
WEBFeb 20, 2024 · LONDON— Barclays BARC -3.37%, one of Europe’s last major trans-Atlantic investment banks, is shifting its priorities from New York to London. Chief Executive C.S. Venkatakrishnan unveiled a...