BCS Stock Recent News

Barclays (BCS) begins to implement job cuts across IB and research division as part of its 2 billion euros cost-cutting efforts to enhance profitability.

HSBC records a y/y increase in revenues in the first quarter of 2024.

Goldman Sachs Group Inc. is in talks with Barclays about transferring its General Motors credit-card business as it continues its move away from the consumer lending business, The Wall Street Journal reported Tuesday.

Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance of the cards, the latest in its long-term project to move away from consumer lending, the Wall Street Journal (WSJ) reported Tuesday (April 30).

Wall Street is keeping a close eye on analyst reviews and price targets for stocks during this earnings season. Therefore, recent Barclays price targets on a trio of companies signal a bullish stance.

Goldman Sachs is in talks to transfer its General Motors credit-card program to Barclays , the Wall Street Journal reported on Monday, citing people familiar with the matter.

The deal including roughly $2 billion of card balances could be struck by summer.

RBC Capital has tweaked higher its price target for shares in Barclays PLC (LSE:BARC) in the wake of last week's quarterly figures. It has moved its valuation up by 5p share to 260p, which is a 27% premium to the current stock price of 206p.

Britain's big three top banks acquitted themselves pretty well in the quarterly updates last week, according to broker KBW. Mortgages were an issue for all of Lloyds Natwest and Barclays as lenders battled for market share in a fiercely competitive market.

The former CEO of Barclays is now chairing TikTok challenger Triller. As the Financial Times (FT) reported Saturday (April 27), Bob Diamond has been chairing Triller owner AGBA since September and will serve in that capacity at the video-and-music-focused social media startup as well.