BCS Stock Recent News

Keefe Bruyette & Woods has spotlighted Barclays PLC (LSE:BARC), Lloyds Banking Group PLC (LSE:LLOY), and OneSavings Bank PLC as top picks in the UK banking sector, assigning target prices of 240 pence, 65 pence, and 570 pence, respectively. This selection comes amid a generally positive outlook for UK banks, underscored by a robust 13% total return in share prices year-to-date, marking an overall increase of 19%.

The specter of waning U.S. demand combined with persistent inflation is adding up to the potential for a stagflationary environment that could hit some well-known stock names, according to one Wall Street bank.

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.

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

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.