BCS Stock Recent News

Does Barclays (BCS) have what it takes to be a top stock pick for momentum investors? Let's find out.

The U.K. bank has been fined for lapses in dealings with risky customers, including a client tied to one of Britain's biggest money-laundering cases.

RBC Capital Markets has bumped up its price target for Barclays PLC (LSE:BARC) to 355p from 340p, keeping its 'outperform' rating ahead of the bank's second-quarter results. The boost comes after RBC raised its profit forecast for 2026 by 5%, thanks mainly to stronger income from Barclays UK and improved revenues in the Investment Bank.

Barclays PLC (LSE:BARC) and Standard Chartered PLC (LSE:STAN) are the preferred UK bank stocks in Europe for UBS, though analysts warned that the looming earnings season could see volatile share price moves.  European banks are forecast to enjoy a 20% total return over the next 12-18 months, they added, with sector shares offering room re-rate thanks to the support of dividends, buybacks and moderate earnings growth over the period.

The United Kingdom's Financial Conduct Authority fined Barclays 42 million pounds (about $56 million) for financial crime control lapses. The fine covers two cases that demonstrate “failings in its financial crime risk management,” according to a Wednesday (July 16) press release.

Barclays PLC (LSE:BARC) has been fined £42 million by the UK City watchdog for failures in managing financial crime risk, relating to two separate multimillion-pound money laundering cases. This included Barclays Bank UK receiving a £3.1 million fine from the Financial Conduct Authority after it opened a client money account for a firm called WealthTek without adequate checks.

Britain's financial regulator on Wednesday said it has fined Barclays 42 million pounds ($56.31 million) for failings related to financial crime risk management.

Emily Field, head of European pharma research at Barclays, discusses which drug makers would be most impacted by 30% U.S. tariffs on EU imports, and the likelihood President Trump moves ahead with up to 200% tariffs on foreign pharma products.

Katherine Ogundiya, thematic investing analyst at Barclays, discusses their new report into the factors driving the growing demand for critical raw materials.

UK banks have had their fair share of in-flight turbulence, but analysts still see them heading for a stable landing. According to UBS, domestic lenders have largely closed the gap with their European peers in terms of valuation, and the outlook remains constructive despite some short-term headwinds.