Barclays(BCS)
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巴克莱:如果特朗普获胜并加征关税 美元将上涨3%
财联社· 2024-03-14 14:45
【巴克莱:如果特朗普获胜并加征关税 美元将上涨3%】财联社3月14日电,巴克莱表示,如果特朗普今年晚些时候重返白宫并征收更多贸易关税,美元可能上涨至多3%。该行还表示,预计财政支出将增加,对北约的承诺会减弱,这会进一步提振美元。Themistoklis Fiotakis等策略师在报告中写道:“候选人特朗普在贸易、财政和外交政策方面的一系列旗舰提议相当于与过去政策的结构性决裂,可能对外汇市场和美元产生深远影响” ...
Barclays price target upgrade from American investment bank
Proactive Investors· 2024-03-14 12:51
JP Morgan has increased its price target for Barclays PLC (LSE:BARC) from 200p to 220p, emphasising the potential value unlocked through the bank's strategic evaluation of its Merchant Acquiring business. This operation, integral to processing credit and debit card transactions for businesses, is reportedly worth around £1 billion. The investment bank's analysis suggests that any transaction involving Barclays' Merchant Acquiring business would likely necessitate considerable investment in technology infra ...
Barclays: Still At 0.5x Tangible Book, But Rerating Quickly
Seeking Alpha· 2024-03-11 08:45
JHVEPhoto In the short run, the market is a voting machine but in the long run, it is a weighing machine This famous quote by Benjamin Graham, in my view, is very much applicable to Barclays (NYSE:BCS) as well. The improvement in the underlying sustainable performance of Barclays is evident, however, the share price has not yet caught up to it. Barclays Investor Relations Barclays is now still trading at ~0.5x tangible book value, even though it is generating RoTE >10% and targets to deliver at least 12% Ro ...
Barclays Bank PLC Updates Announcement of 24 Cash Tender Offers and Consent Solicitations
Businesswire· 2024-03-07 05:38
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 twenty-four 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 each Seri ...
Barclays Bank PLC Announces Purchase Price for Each Formula Price Series of its 24 Cash Tender Offers and Consent Solicitations
Businesswire· 2024-03-06 21:32
NEW YORK--(BUSINESS WIRE)--Barclays Bank PLC (the “Issuer”) announced today that it has determined the purchase price of each Formula Price Series (as defined below) 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 twenty-four separate series (each, a “Series”) and the solicitation of consents (each, a “Consent Solicitation”) from holders of the Notes (the “Noteholders”) to am ...
LSEG gets target bump up as Barclays sees revenue momentum
Proactive Investors· 2024-03-04 15:29
London Stock Exchange group has received a small price target by bump up from Barclays following its numbers last week. Underlying annual profits rose by 6% to £ 3.7 billion though the pre-tax number eased 3.7% lower to £1.9 billion due to a faster rate of depreciation, according to the statement. Barclays said it was making limited earnings increases following the results. “While FX elements increased 2023 opex and finance costs, our new estimates reflect the revenue momentum building across a broad number ...
Barclays: Cost Savings Support Ambitious Financial Targets
Seeking Alpha· 2024-03-02 00:04
JHVEPhoto/iStock Editorial via Getty Images Introduction Barclays PLC (NYSE:BCS) shares have enjoyed a very strong run post the release of the bank’s Q4 2023 result on 20 February 2024. The quarterly release was published alongside an Investor Update, in which management set out the group’s new strategy and financial targets. On 01 March 2024, Barclays shares closed at 169.52p (LSE: BARC) on the London Stock Exchange "LSE," having gone ex-dividend 5.30p on 29 February 2024. Including the dividend, BCS h ...
Barclays (BCS) to Sell US Credit Card Accounts to Blackstone
Zacks Investment Research· 2024-02-28 11:35
Barclays (BCS) has announced the sale of approximately $1.1 billion in credit card receivables to Blackstone’s (BX) Credit & Insurance segment. The transaction is still subject to certain conditions and is anticipated to be funded in the first quarter of 2024.This agreement, marking the first step in Barclays' plan to optimize its risk-weighted assets (RWAs), aims to bolster lending capacity for Barclays Bank Delaware (“BBDE”) in the United States. The company also seeks to streamline its balance sheet, red ...
Barclays and Blackstone Credit & Insurance Agree to Sale of Credit Card Receivables
Businesswire· 2024-02-27 13:00
LONDON & NEW YORK--(BUSINESS WIRE)--Barclays PLC ("Barclays") and Blackstone Credit & Insurance (“Blackstone”) today announced that Barclays Bank Delaware ("BBDE") has entered into an agreement with insurance accounts managed by Blackstone’s Asset Based Finance group, to sell approximately US$1.1 billion of currently outstanding credit card receivables (the “Transaction”) in relation to a defined set of Barclays-branded credit card accounts in the United States of America (the “Accounts”). This is the first ...
Barclays (BCS) to Face Class Action Suit Regarding Debt Sale
Zacks Investment Research· 2024-02-26 19:10
Barclays Plc (BCS) will face a proposed class action by shareholders, accusing the bank of securities fraud related to the sale of debt in excess of what was allowed by regulators.This means that the securities Barclays issued in previous years were not registered with the Securities and Exchange Commission (“SEC”).U.S. District Judge Katherine Polk Failla in Manhattan said shareholders adequately alleged that Barclays' failure to disclose internal controls failures, which led to five years of unregistered ...