Barclays(BCS)

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Barclays Reportedly Struggling to Sell Merchant Payments Stake
PYMNTS.com· 2024-09-15 21:41
Barclays is reportedly having trouble unloading a stake in its U.K. merchant payments unit.That’s according to a report Friday (Sept. 13) by Reuters, which cited sources who say the difficulty is down to differing views on that business’s valuation.Brookfield, which manages more than $825 billion in assets, was one of the private equity firms that walked away from bidding in recent months, chiefly because of Barclays’ asking price, two of the sources said.Other sources said that the negotiations have been c ...
Report: Goldman Sachs to Sell GM Credit Card Business to Barclays
PYMNTS.com· 2024-09-10 21:38
Group 1 - Goldman Sachs and Barclays have reached a deal for Goldman to sell a $2 billion portfolio of loans made to General Motors customers at a discount [1] - Goldman Sachs CEO David Solomon indicated that the bank expects to incur a $400 million loss from the transition of the GM card platform and other retail ventures [1] - The transaction reflects Goldman Sachs' ongoing retreat from retail banking, which has faced losses and regulatory scrutiny [1] Group 2 - Goldman Sachs is still in the process of selling its portfolio of loans tied to Apple, another credit card partnership [2] - Barclays aims to add $10 billion in assets related to the business in the coming years [2] - The GM credit card program has experienced high charge-off rates, with over 10% on Goldman-originated accounts, compared to an annualized charge-off rate of 4.5% for American commercial banks [2] Group 3 - Goldman Sachs has been pivoting away from Main Street banking, having sold GreenSky and "substantially all" of the Marcus loans a year ago [3] - The bank has also reached an agreement with Betterment for the acquisition of Marcus Invest's digital investment accounts [3] - These changes indicate Goldman Sachs' focus on investments, banking, and market-oriented activities [3]
The Toronto-Dominion Bank (TD) Barclays 22nd Annual Global Financial Services Conference (Transcript)
Seeking Alpha· 2024-09-10 15:32
The Toronto-Dominion Bank (NYSE:TD) Barclays 22nd Annual Global Financial Services Conference September 10, 2024 9:45 AM ET Company Participants Ray Chun - Group Head, Canadian Personal Banking Conference Call Participants Unidentified Analyst So good morning, everyone. Our third Canadian bank presentation this morning is from Toronto-Dominion Bank. Joining us today from Toronto-Dominion Bank is Ray Chun, who is the Group Head of Canadian Personal Banking. Welcome, Ray. Ray Chun Thanks for having me, Brian. ...
Marex Group plc to participate in upcoming Barclays Global Financial Services Conference
GlobeNewswire News Room· 2024-09-06 11:03
NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (‘Marex’ or the ‘Group’), the diversified global financial services platform, today announces that Ian Lowitt, Group Chief Executive Officer, will be participating in a fireside chat at the Barclays Global Financial Services Conference. The fireside chat will take place on Tuesday, September 10th at 7:30 a.m. ET. It will be available via webcast and can be accessed here. Webcast Link: https://cc.webcasts.com/barc002/090924a_js/?entity=67_OXJ12IT A ...
Old National to Present at the 2024 Barclays Global Financial Services Conference
GlobeNewswire News Room· 2024-09-04 18:27
Group 1 - Old National Bancorp will present at the 2024 Barclays Global Financial Services Conference on September 10, 2024, at 2:00 p.m. ET [1] - The presentation will be accessible via a live webcast on the company's Investor Relations website, with a replay available for 90 days [1] Group 2 - Old National Bancorp is the holding company of Old National Bank, the sixth largest commercial bank in the Midwest [2] - The company has approximately $53 billion in assets and $30 billion in assets under management, ranking among the top 30 banking companies in the United States [2] - Old National focuses on building long-term partnerships with clients and supporting the communities it serves, offering services in consumer and commercial banking, wealth management, and capital markets [2] - In 2024, Old National was recognized as one of "The Civic 50," highlighting its commitment to community engagement [2]
Fidelity National Financial CEO Mike Nolan and CFO Tony Park to Speak at the Barclays Global Financial Services Conference
Prnewswire· 2024-09-03 20:10
JACKSONVILLE, Fla., Sept. 3, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) today announced that Mike Nolan, Chief Executive Officer, and Tony Park, Chief Financial Officer, will participate in a fireside chat at the Barclays Global Financial Services Conference on Tuesday, September 10, 2024 at approximately 12:00 pm Eastern Time.The fireside chat will be available live and for replay via audio webcast on investor.fnf.com.About Fidelity National Financial, Inc.Fidelity National Financia ...
Synchrony to Participate in the Barclays Global Financial Services Conference
Prnewswire· 2024-09-03 20:00
Company Overview - Synchrony is a premier consumer financial services company offering a comprehensive digitally-enabled product suite [2] - The company serves a wide range of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoor, and pet [2] - Synchrony has a diverse group of partners including national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers [2] Financial Services and Solutions - Synchrony connects partners and consumers through a dynamic financial ecosystem, providing a variety of financing solutions and innovative digital capabilities [2] - The company aims to deliver seamless, omnichannel experiences by offering the right financing products to the right customers in their preferred channels [2] Upcoming Events - The Chief Financial Officer of Synchrony, Brian J. Wenzel, will participate in a fireside chat at the Barclays Global Financial Services Conference on September 9, 2024, at 9:00 a.m. Eastern Time [1]
Targa Resources Corp. to Participate in Barclays CEO Energy & Power Conference
GlobeNewswire News Room· 2024-08-30 11:00
HOUSTON, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at the Barclays CEO Energy & Power Conference in New York, NY on Wednesday, September 4, 2024. A copy of the slides used for the conference meetings will be available in the Investors section of the Company's website at www.targaresources.com, or by going to https://www.targaresources.com/investors/events. About T ...
Up 60% This Year, Is Barclays Stock In Overdraft Territory?
Forbes· 2024-08-29 10:00
Sign for the brand and high street bank Barclays outside their Barclays Corporate Banking ... [+] headquarters at the heart of Canary Wharf financial district on 7th May 2024 in London, United Kingdom. Canary Wharf is an area located near the Isle of Dogs in the London Borough of Tower Hamlets and is defined by the Greater London Authority as being part of Londons central business district. (photo by Mike Kemp/In Pictures via Getty Images)In Pictures via Getty ImagesBarclays’ stock (NYSE: BCS) has gained 58 ...
Edgewell Personal Care to Webcast Fireside Chat at the 2024 Barclays Global Consumer Staples Conference
Prnewswire· 2024-08-28 16:10
SHELTON, Conn., Aug. 28, 2024 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) today announced that it will participate in a fireside chat at the Barclays 2024 Global Consumer Staples Conference in Boston on Wednesday September 4, 2024, at 3:45 P.M. ET. Rod Little, President and Chief Executive Officer and Dan Sullivan, Chief Operating Officer will be presenting for Edgewell. All interested parties may access a live webcast of these events at www.edgewell.com, under "Investors," and "News and ...