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BCS

Barclays PLC

https://www.home.barclays

Industry

Banks - Diversified

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. The company also engages in securities dealing activities; and issues credit cards. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985. Barclays PLC was founded in 1690 and is headquartered in London, the United Kingdom.

Open

13.13

Mkt cap

47B

Volume

8.9M

High

13.16

P/E Ratio

8.97

52-wk high

13.50

Low

12.99

Div yield

0.04

52-wk low

6.58

American Airlines (AAL) is in talks to make Citigroup its exclusive credit card partner, ending its partnership with Barclays. This move aims to increase revenue from co-branded credit cards. However, regulatory objections could delay or derail the deal. AAL shares are trading slightly lower.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2024 | 5:13 pm

Hewlett Packard Enterprise (HPE) has announced a new private cloud services deal with Barclays, extending their partnership. HPE GreenLake Cloud will be a core component of Barclays' hybrid cloud strategy, aiming to double workload migration over the next three years.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 9:09 am

Barclays is facing challenges in selling a stake in its UK payments unit, according to sources. This development could impact the bank's strategic plans and financial performance.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 3:24 pm

BGC Group Inc. is launching the FMX Futures Exchange to trade SOFR futures, challenging the Chicago Mercantile Exchange's monopoly. The exchange is backed by major financial institutions and aims to start trading on September 23. Despite skepticism from CME's CEO, FMX has regulatory approvals to proceed.

Portfolio Pulse from Michael Juliano

September 12, 2024 | 5:49 pm

Goldman Sachs is facing a potential $400 million pre-tax hit from the sale of its GM credit card portfolio due to high charge-off rates. The sale to Barclays has been delayed, impacting Goldman's stock, which fell over 4%. The bank's consumer-lending ventures have resulted in significant losses, prompting a shift back to core investment banking services.

Portfolio Pulse from Benzinga Neuro

September 11, 2024 | 9:38 am

Banking and financial services stocks are trading lower due to concerns over credit challenges highlighted by Ally's CFO and regulatory updates from the Fed Vice Chair for Supervision.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:30 pm

Banking stocks are experiencing a decline due to overall market weakness triggered by recent jobs data.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:55 pm

Banking stocks are experiencing a decline due to overall market weakness, influenced by August's ISM Manufacturing PMI data, which suggests an economic contraction.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 6:41 pm

Financial sector shares are trading lower as investors assess NVIDIA's upcoming earnings and SMCI's Form 10-K delay.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 6:10 pm

Shares of banking companies are trading lower amid overall market weakness following weak US jobs data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 5:04 pm

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