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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

12.96

Mkt cap

47B

Volume

6.4M

High

13.11

P/E Ratio

9.28

52-wk high

13.57

Low

12.93

Div yield

0.04

52-wk low

7.02

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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.