Welcome to our dedicated page for Barclays news (Ticker: BCS), a resource for investors and traders seeking the latest updates and insights on Barclays stock.
Barclays PLC (BCS) is a global financial institution providing retail banking, investment services, and wealth management across 40+ countries. This news hub offers investors and stakeholders centralized access to verified corporate announcements and market-moving developments.
Track Barclays' latest earnings reports, leadership changes, strategic partnerships, and regulatory updates through official press releases and curated financial analysis. Our repository ensures timely access to material information affecting shareholder value, including dividend declarations and operational milestones.
Key coverage areas include quarterly financial results, capital management strategies, digital banking innovations, and sustainability initiatives. All content undergoes strict verification against primary sources including LSE regulatory filings and company disclosures.
Bookmark this page for direct access to Barclays' evolving market position within the competitive global banking sector. Check regularly for updates on cross-border transactions, risk management practices, and consumer banking trends shaping the financial services landscape.
Barclays has announced an increase in its minimum hourly pay rate in the United States to $20.50, up from $17.00, effective March 2022. This change will benefit over 900 employees, primarily at Barclays US Consumer Bank. The move reflects the bank's commitment to competitive pay and retaining top talent as it aims to expand its US operations. CEO Richard Haworth emphasized this investment in people as crucial for delivering quality service to clients. Additionally, Barclays has enhanced employee health and well-being benefits, reinforcing its Fair Pay Agenda.
Barclays has appointed Graham Warner as the new Americas Head of International Corporate Banking, effective June. Reporting to Phil Bowkley, Graham will lead the strategy and execution for the International Corporate Banking division in the Americas, enhancing their corporate banking capabilities. With 13 years of experience at Deutsche Bank and a strong background in cash management, his appointment is part of Barclays' commitment to expanding its Corporate Banking franchise in the region.
Barclays Bank PLC has suspended further sales and issuances of the iPath® Pure Beta Crude Oil ETNs (OIL) and the iPath® Series B S&P 500 VIX Short-Term Futures ETNs (VXX) effective March 14, 2022, due to insufficient issuance capacity. This suspension may lead to fluctuations in the trading value of the ETNs, which could trade at a premium or discount. Daily redemptions by holders will remain unaffected. Barclays plans to resume sales when capacity allows. Investors should be aware of the risks associated with these ETNs, including the potential for significant losses.
Barclays has appointed Urvashi Batra as the new Head of Equities Electronic Trading Americas. Batra will enhance the strategic direction of Barclays’ electronic equities client offerings, collaborating across the Markets Division. She joins from JPMorgan, where she served as Americas Head of Electronic Trading Solutions. This move aligns with Barclays’ focus on digitalization, aiming to make its Markets business electronic-first. The recent 2021 earnings report highlighted a 20% rise in Equities income to approximately £3bn, driven by strong client activity and financing balances.
Barclays Bank PLC announced a domain change for its iPath® Exchange-Traded Notes (ETNs) from www.ipathetn.com to ipathetn.barclays. The previous domain is no longer owned by Barclays, and any content on it is not affiliated with Barclays. Investors are advised to visit the new site for updated information. The press release also highlights potential risks associated with investing in iPath ETNs, including no principal protection and the possibility of losing some or all of the investment.
Barclays has been named Prime Broker of the Year by
Barclays Bank PLC announced a change in the ticker symbol for its iPath® Shiller CAPE™ Exchange Traded Notes (ETNs) from CAPE to CAPD. This change will take effect before trading begins on
Barclays Bank PLC has announced an extension of the waiver for the minimum redemption size for certain equity and commodity Exchange Traded Notes (ETNs). This change becomes effective after trading closes on February 28, 2022, and will remain until further notice. The minimum early redemption size for the affected ETNs is set at 5,000 units. Barclays will notify ETN holders at least ten days before modifying or removing the waiver. The ETNs carry significant risks, including the potential loss of principal, and are not guaranteed by third parties.
Barclays has appointed François Baroin as Chairman of its operations in France. Since joining as a Senior Advisor in 2018, François has significantly contributed to the growth of Barclays Corporate and Investment Bank in the region. In his new role, he will enhance client relationships and drive revenue growth across all business lines in France. François's experience includes various ministerial roles in the French government, making him a valuable asset for Barclays’ strategic ambitions in Europe.
Barclays Investment Bank has appointed Sven Baumann as Head of Investment Banking for the DACH region (Germany, Austria, Switzerland). Mr. Baumann, who previously led Citigroup's investment banking operations in Germany, brings over 20 years of experience in financial services, having also worked at Bank of America Merrill Lynch and Deutsche Bank. His leadership is expected to enhance Barclays' market position in Germany, the largest market in Continental Europe. This strategic move follows the recent appointment of Ingrid Hengster as Country CEO for Germany.
