UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 February 20, 2024 Barclays PLC (Name of Registrant) 1 Churchill Place London E14 5HP England (Address of Principal Executive Office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x Form 40-F This Report on Form 6-K is filed by Barclays PLC. ...

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F (Mark One) ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 31 December 2023 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________to _______________ ¨ SHELL COMPANY REPORT PURSUANT TO SECTION 1 ...

Barclays PLC (LSE:BARC) (Barclays PLC (LSE:BARC)) results tomorrow will be accompanied by a strategic review of the business and the results might not be pretty. Hargreaves believes there will be a focus on cost reduction rather than material business changes, especially in the UK which sits well above peers on a cost-to-income basis. That will mean job cuts, potentially in the much-debated investment bank, and to soften the blow a big hand-out to investors. Press drops at the weekend suggested this might i ...

As part of its efforts to expand business, Barclays PLC (BCS) is eyeing Societe Generale’s (SCGLY) U.K. private bank. Per a Reuters report, citing three people familiar with the matter, BCS is in the early stages of considering a bid.On Feb 20, BCS will announce a new group strategy (aimed at streamlining its business model and generating more sustainable returns for less risk), along with its full-year results.The bank’s move to bid for SocGen’s British private bank would complement the above-mentioned str ...

Barclays is said to be mulling the acquisition of SocGen's UK private bank, Kleinwort Hambros.  SocGen has initiated an auction process for its Kleinwort Hambros unit, as per Reuters sources. This is in addition to the sale of its Swiss private banking operations, signalling a potential shift in strategic direction. London-based Kleinwort Hambros had more than £12 billion in assets under management in 2022 and could be worth up to £700 million in a sale, as per Reuters. Lloyds, Rathbones, and Raymond James ...

Barclays (BCS) made a significant move in the U.K. retail banking space by announcing a deal to acquire Tesco's retail banking business for £600 million. This partnership with Tesco, the U.K's largest retailer, not only marks a key opportunity for BCS to further its retail banking ambitions but also signifies a new chapter in expanding its customer base and distribution channels.The acquisition includes Tesco-branded credit cards, unsecured personal loans and deposits, totaling approximately £8.3 billion in ...

Rivian Automotive Inc. has “leading technology,” according to Barclays analyst Dan Levy — but that may not be enough to help it withstand a challenging market. Levy previously thought Rivian’s RIVN, -1.14% standout product and technology meant the company had “three legs of demand,” with one for each of its products — the EDV commercial van, the R1T pickup truck and the R1S sport-utility vehicle. While he saw demand challenges for the first two last year, he thought R1S demand would hold up, but that’s ...

Rivian (NASDAQ:RIVN) stock is falling on Monday after the electric vehicle (EV) company’s shares were hit with a downgrade from Barclays analyst Dan Levy.That downgrade sees the Barclays analyst dropping RIVN stock from an “outperform” rating to an “equal weight” rating. That’s a more bearish stance compared to the analysts’ consensus rating of moderdate buy based on 22 opinions.In addition to that downgrade, Levy dropped the firm’s price target for RIVN stock from $16 per share to $9 per share. That’s a po ...

Barclays’ (BCS) inconsistent top-line performance is a major near-term headwind amid a challenging economic scenario. However, the bank’s restructuring initiatives continue to help manage operating expenses.Barclays has been witnessing volatility in both net interest income (NII) and net fee, commission and other income in the last few quarters, mainly on the back of a challenging operating backdrop.In 2021, NII declined, but net fee, commission and other income rose marginally. However, in 2022 and the fir ...

Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, unsecured personal loans, deposits and operating infrastructure.The acquisition of Tesco Bank will be carried out by Barclays UK, the companies said in a Friday (Feb. 9) press release.In addition, Barclays UK will enter into a long-term strategic partnership with Tesco Stores Limited for a period of 10 years, according to the release. Through this partnership, Barclays will offer financial services ...