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Surrendering to pressure from several music acts and an ad-hoc movement, Barclays has suspended its sponsorship of all 2024 music festivals organized by Live Nation in the UK. The festivals now without Barclays backing include such popular events such as Download, Latitude, and the Isle of Wight Festival, according to Business Matters.
The suspension comes after several artists, including country singer CMAT, metal band Ithaca and comedian Joanne McNally, pulled out of the events.
Dan Levy, senior autos analyst at Barclays, joins CNBC's 'The Exchange' to discuss electric vehicle leasing trends, what this means for auto stocks, and more.
Barclays to explain its exposure to the private equity sector as concerns increase about how much has been lent to finance leveraged or highly debt-funded deals. According to a report by Bloomberg, the UK bank has been told by the Prudential Regulation Authority, the Bank of England's financial sector regulator, to commission a section 166 review of the business.
NEW YORK--(BUSINESS WIRE)--Barclays Bank PLC (“Barclays”) announced today that it will exercise its issuer call option and redeem in full each of the 18 series of iPath® ETNs (the “ETNs”) listed in the table below on June 28, 2024 (the “Redemption Date”). Name of ETN Bloomberg Ticker CUSIP/ISIN iPath® GEMS Asia 8 ETN AYTEF 06738G878 / US06738G8785 iPath® Bloomberg Cotton Subindex Total ReturnSM ETN BALTF 06739H271 / US06739H2711 iPath® EUR/USD Exchange Rate ETN EROTF 06739F184 / GB00B1WPBD95 iP.
Britain's Prudential Regulation Authority (PRA) has asked Barclays to review its exposure to leveraged finance, a source familiar with the matter said on Friday, part of an industry-wide probe into lenders' exposure to the private equity industry.
Ajay Rajadhyaksha, global chairman of research at Barclays, discusses the EU's latest round of tariffs on China's electric vehicles.
Mariano Cena, senior European economist at Barclays, joins CNBC to explain why he still expects a rate cut Thursday, despite some volatility in the latest inflation data.
Barclays' (BCS) efforts to reduce costs and its strategic buyouts are likely to aid growth. Solid capital distributions are another positive.
Francesco Ceccato, CEO of Barclays Europe, says "inflation has indeed come off the peak of 10.6% in October 2022."