BCS Stock Recent News

A stimulus from the Chinese government boosted sentiment worldwide and helped send Chinese stocks into a bull market. However, Bacralys' Venu Krishna remains cautious.

Barclays analyst David Strauss raised his GE Aerospace price target to $230 from $200. It's the highest target on the Street, according to FactSet.

LONDON & NEW YORK--(BUSINESS WIRE)--Barclays today announces the appointment of Brad Rogoff as Global Head of Research, effective 1 October 2024. Currently the Head of FICC Research, Mr. Rogoff is based in New York and will report to Stephen Dainton, Head of Investment Bank Management and President, BBPLC. He will join the Investment Bank Management Team, US Executive Committee and chair the Research Executive Forum. Mr. Rogoff joined the Lehman Brothers graduate scheme in 2002 and Barclays in.

Despite concerns related to high restructuring costs, Zacks Foreign Bank industry stocks like HSBC, BCS and DB will benefit from relatively higher rates.

Mortgage rates across the UK have dropped every day this week as lenders battle to win over prospective buyers with better deals. As of Friday, the rate on average five-year fixed mortgages sat at 5.40%, according to comparison site Moneyfacts.

NEW YORK--(BUSINESS WIRE)--Barclays Bank PLC (the “Issuer”) announced today that, in connection with its previously announced cash tender offers (each, an “Offer”) to purchase any and all of its outstanding exchange-traded notes (the “Notes” or the “ETNs”) of the five separate series listed in tables below (each, a “Series”) and the solicitation of consents (each, a “Consent Solicitation”) from holders of the Notes (the “Noteholders”) to amend certain provisions of the Notes with respect to eac.

Barclays helped UniCredit build its stake in Commerzbank with derivatives, a source familiar with the matter told Reuters, a move that paves the way for the Italian bank to become the German lender's biggest investor.

A group of fourteen of the world's largest banks have pledged to boost their lending for nuclear energy projects as part of commitments agreed at the COP28 climate summit. Barclays, Goldman Sachs, Morgan Stanley (NYSE:MS) and Citi are among the signatories of the pledge to increase direct lending and project to the sector.

NEW YORK--(BUSINESS WIRE)--Barclays today announces the appointments of Greg Petit as Head of Infrastructure, Power and Utilities for Canada, and Ken Davis as Head of Western Canadian Coverage. Mr. Petit will be based in Toronto, will report to Ryan Voegeli, Head of Investment Banking for Canada, and will collaborate closely with Sean Diskin, Head of Power & Utilities for the Americas. Mr. Davis will be based in Calgary, will report to Ryan Voegeli, and will collaborate closely with Mike Co.

Ajay Rajadhyaksha of Barclays breaks down the problems facing the Chinese economy and says that the government and central bank will continue to "muddle along" in trying to boost the country's economy.