Investors and Conference Attendees Invited to Board and Join a Short Ride Around City to Experience a Completely Mirrorless Vehicle Equipped with Gauzy Smart-Vision® Smart-Vision® ADAS to be Showcased on Public New York City Bus Already on Roads TEL AVIV, Israel and NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Gauzy Ltd. (Nasdaq: GAUZ), a global leader in vision and light control solutions, today announced that its senior management will present at the Barclays 15th Annual Global Automotive and Mobility Tech ...

Barclays PLC (BCS) has completed the acquisition of the retail banking business of Tesco Personal Finance plc. The deal was announced this February.Further, Barclays UK has entered into a long-term strategic collaboration with Tesco Stores Limited.Details of the Acquisition & Partnership Pursued by BCSThe acquired business comprises credit cards, unsecured personal loans, deposits and operating infrastructure, which will continue to operate under the “Tesco Bank” brand and the ownership and management of Ba ...

Group 1 - Barclays UK has completed the acquisition of Tesco Bank, which includes credit cards, unsecured personal loans, deposits, and the operating infrastructure [1][2] - A 10-year exclusive strategic partnership has been established between Barclays UK and Tesco Stores Limited to market and distribute financial products under the Tesco brand [1][3] - The acquisition is part of Barclays' strategy to increase investment in the UK and enhance financial service offerings to Tesco customers [3][4] Group 2 - Tesco Bank will continue to operate under its brand while being managed by Barclays UK, and approximately 2,800 Tesco Bank employees will transition to Barclays [2][4] - Tesco Bank was originally launched in 1997 as a joint venture and has since scaled back its services, including the discontinuation of current accounts and the sale of its mortgage portfolio [5] - The acquisition presents an opportunity for Barclays to cross-sell banking products to Tesco's extensive customer base, making Tesco Bank an attractive prospect for potential buyers [5][6]

In May this year, I argued that Barclays (NYSE: BCS ) stock is "well on track to deliver triple-digit upside", highlighting a cheap valuation against strong, and improving commercial momentum. Today, reflecting on a solid Q3 print, I am reiterating my bullish stance on theExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market) ex-colle ...

Core Viewpoint - Barclays PLC is planning to re-enter the Saudi Arabian market to leverage the kingdom's increasing demand for global capital market access, as stated by CEO C.S. Venkatakrishnan [1]. Group 1: Barclays' Strategy in Saudi Arabia - The bank aims to expand its team in the Middle East, focusing on cities like Dubai, Abu Dhabi, and Riyadh [2]. - Barclays previously assisted Saudi Arabia's Public Investment Fund in issuing a two-part sterling-denominated bond, raising approximately £650 million ($844 million) [2]. - The focus of Barclays' re-entry will be on investment banking and trading, alongside potential corporate banking work [3]. Group 2: Growth Initiatives - Barclays has initiated a three-year plan to enhance the profitability of its investment banking division, which includes trading, advisory, and capital markets origination [4]. - The investment banking division has shown positive year-over-year results, with the CEO expressing encouragement about the progress made so far [5]. Group 3: Market Context - Barclays' potential return to Saudi Arabia follows a decade-long absence, aligning with a global trend of banks expanding operations in the oil-rich kingdom, which is undergoing a significant economic transformation valued at a trillion dollars [5]. - Other financial firms, such as BlackRock and Franklin Resources, are also making strides in Saudi Arabia, indicating a growing interest in the region [6][7].

Analyst's Disclosure: I/we have a beneficial long position in the shares of BCS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. This writing is for informational purposes only. All opinions expressed herein are not investment recommendations, and are not meant to be reli ...

Barclays PLC (NYSE: BCS ) is trading at a relatively low valuation and has reported a positive performance in Q3 2024 , but a re-rating of its shares is not much likelier ahead. Labutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associated with the existing author The Outsider. Analyst's Disclosure: I ...

Exhibit 99.1 Barclays PLC This exhibit includes portions from the previously published Results Announcement of Barclays PLC relating to the nine months ended 30 September 2024, as amended in part to comply with the requirements of Regulation G and Item 10(e) of Regulation S-K promulgated by the US Securities and Exchange Commission (SEC), including the reconciliation of certain financial information to comparable measures prepared in accordance with International Financial Reporting Standards (IFRS). The pu ...

Barclays PLC (NYSE:BCS) Q3 2024 Earnings Conference Call October 24, 2024 4:30 AM ET Company Participants C.S. Venkatakrishnan - Group Chief Executive Angela Cross - Group Finance Director Conference Call Participants Jason Napier - UBS Benjamin Toms - RBC Chris Cant - Autonomous Edward Firth - KBW Guy Stebbings - BNP Paribas Amit Goel - Mediobanca Chris Hallam - Goldman Sachs Alvaro Serrano - Morgan Stanley Robin Down - HSBC Perlie Mong - Bank of America Merrill Lynch Andrew Coombs - Citi Group Operator We ...

Barclays’ (BCS) third-quarter 2024 net income attributable to ordinary equity holders of £1.56 billion ($2.03 billion) grew 23% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Shares of BCS on NYSE gained 4% in pre-market trading as profit increased. Investors also cheered an upward tweak in net interest income (NII) 2024 guidance.An increase in revenues (driven by solid investment banking performance), stable operating expenses (showing the success of cost-efficiency ...