Barclays, Lloyds and NatWest have pledged to upgrade dozens of shared banking hubs as part of a plan to deal with the growing number of closed branches.  Bim Afolami, the City minister, has worked with bank shareholders and MPs to deal with the improvement of around 40 banking hubs across the UK. High street lenders have now promised to find 225 sites by the end of the year, rising from initial plans to launch 11 hubs. Banking hubs are designed to provide customers with access to cash in person as bank bran ...

Key PointsWatch for coming stock buyback announcements in these large-cap stocks; they all share a similar upside factor.Centered around bullish views in the coming months, management has decided to put its money where its mouth is and buy its own stock.Wall Street analysts agree a double-digit upside is the start of this story.5 stocks we like better than Simon Property GroupInvestors tend to focus on two significant aspects of their stock holdings, especially when measuring whether they're winning or losi ...

(Kitco News) - The gold market has gotten ahead of itself and is due for a further correction after a relatively quiet week following its breakout to record highs, according to one major British Bank.While off of last week's high above $2,200 an ounce, gold prices have rallied more than 5% this month. In recent comments, Stefano Pascale, Equity Derivatives Strategist at Barclays, said that gold’s surging bullish momentum is being driven in part by expectations that the Federal Reserve will begin its new eas ...

【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” ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...