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The Bank of England said that none of the eight UK banks would need to submit a revised capital plan

Eight UK banks have enough capital - Bank of England

The Bank of England said today its annual stress test of eight major lenders showed that each could cope with rising interest rates in a stressed environment, and none would need to submit a revised capital plan.

Business • 12 Jul 23

Barclays today reported pretax profit of £2.6 billion for the three months to the end of March

Barclays first quarter profit beats expectations

Barclays has reported better than expected first-quarter profit of £2.6 billion after a strong performance at its credit card business offset pressure on other profit engines, including investment banking.

Business • 27 Apr 23

The British lender reported a pretax profit for 2022 of 7 billion pounds

Barclays profit slides 14% following trading blunder

Barclays reported a 14% fall in annual profits, as costs from an administrative blunder that saw it oversell securities in the United States compounded a collapse in deal fees earned by its investment bank.

Business • 15 Feb 23

The Payment Systems Regulator fined Barclays £8.4m for not giving retailers full information about payment card costs last year

Barclays probed over anti-money laundering systems - FT

Britain's financial regulator is investigating Barclays for suspected failings in its compliance and anti-money laundering systems, the Financial Times reported today.

Business • 10 Feb 23

Barclays' new target of $1 trillion will fund everything from renewable energy and green mortgages to affordable housing

Barclays ups 2030 sustainable finance target to $1tn

British investment bank Barclays has increased its sustainable and transition finance target to $1 trillion by 2030 as part of efforts to accelerate the shift to a low-carbon economy, its head of sustainable investment told Reuters.

Business • 14 Dec 22

CS Venkatakrishnan, the CEO of Barclays, says he will continue to manage the bank despite his illness

Barclays chief executive diagnosed with cancer

Banking giant Barclays has revealed its chief executive CS Venkatakrishnan is undergoing treatment after being diagnosed with non-Hodgkin lymphoma.

Business • 28 Nov 22

Barclays today reported a profit before tax of £2 billion in the three months from July to September

Barclays' third quarter profit inches higher

Barclays has today beaten forecasts with a small rise in third-quarter profit, as a strong performance in fixed income trading alleviated loan loss charges and helped it bounce back from a costly trading error.

Business • 26 Oct 22

The British lender reported profits before tax of 3.7 billion pounds for the first six months of the year

Barclays profit dented after $2 billion cost of blunder

Barclays' first half profit fell more than expected due to a 1.9 billion pound hit for regulatory misteps mostly from covering the costs of having to buy back billions of dollars worth of securities it sold in error.

Business • 28 Jul 22

The deal represents one of Barclays' biggest recent transactions and a sizeable bet on the UK property market

Barclays buys mortgage lender Kensington for £2.3bn

Barclays has struck a deal worth around £2.3 billion to buy specialist lender Kensington Mortgage Company, extending its reach in Britain's housing market.

Business • 24 Jun 22

Barclays has today posted a profit before tax for the three months ended March of £2.2 billion

Barclays puts buyback on hold after trading blunder

Barclays has put its share buyback plans on hold due to scrutiny by US regulators of a trading blunder it announced last month, piling early pressure on new CEO CS Venkatakrishnan.

Business • 28 Apr 22

One of Barclays' top investors offloaded a $1.2 billion chunk of stock in the lender at a discount overnight

Barclays shares fall after top investor offloads stake

Shares in Barclays fell as much as 6% in earlier trade today, after one of its top investors offloaded a $1.2 billion chunk of stock in the lender at a discount overnight.

Business • 29 Mar 22

Barclays said it would delay a planned £1 billion share buyback until the second quarter because of the blunder

Barclays hit by £450m loss on product sales blunder

British bank Barclays has today disclosed an estimated £450m loss on mishandled structured product sales and said this meant it would now delay a share buyback.

Business • 28 Mar 22

Barclays has today reported profit before tax for 2021 of £8.4 billion

Barclays annual profit nearly trebles as bad loans ebb

Barclays said today that its annual profit nearly trebled as bad loan charges plunged and its investment bank continued its strong recent performance amid market volatility in the Covid-19 pandemic.

Business • 23 Feb 22

Barclays group chief executive Jes Staley

Barclays CEO Staley to stand down after Epstein probe

Barclays said today that its chief executive Jes Staley is to stand down following British regulators' investigations into his dealings with Jeffrey Epstein.

Business • 01 Nov 21

Barclays has reported profit before tax of £2 billion for the three months from July to September

Barclays reports strong investment bank Q3 performance

Barclays has today reported a doubling of third-quarter profits, beating market expectations, as it followed Wall Street rivals in reaping bumper investment banking fees from a surge in advisory mandates and equities trading.

Business • 21 Oct 21

Disney Chief Executive Officer Bob Chapek last month hinted at a slowdown in Disney+

Disney+ magic fades: Barclays downgrades Disney

Walt Disney's stock received a rare Wall Street downgrade on Monday, as Barclays called for bold changes from the media giant to reverse slowing growth at its Disney+ streaming service.

Business • 18 Oct 21

Profit after taxation soared to £3.8 billion (€4.5 billion)

Barclays bank first-half profit surges to £3.8bn

British bank Barclays has said interim net profits surged more than five-fold on lower-than-expected credit losses linked to the Covid pandemic.

Business • 28 Jul 21

Barclays booked a profit before tax for the three months to the end of March of £2.4 billion, up from £923m a year ago

Barclays Q1 profit more than doubles as bad loans fall

Barclays today said its first quarter profits more than doubled, despite not releasing cash set aside to cover bad loans from the Covid-19 pandemic as its British peers had done.

Business • 30 Apr 21

Barclays' expansion will be supported by the bank's newly established European hub in Dublin

Barclays expands private bank to France and Italy

Barclays has expanded its private banking business to France and Italy as it seeks to grow its European wealth business in the wake of Britain's exit from the European Union.

Business • 22 Mar 21

Barclays has today reported a profit before tax for 2020 of £3.1 billion, well above the average estimate of £1.96 billion

Barclays resumes dividend payouts as 2020 profit halves

Barclays' annual profit in 2020 fell by half, much less than feared as a strong performance by its investment bank offset provisions against bad loans from the economic fallout of the Covid-19 pandemic.

Business • 18 Feb 21

Barclays reported profit before tax of £1.1 billion for the months between July and September - double analysts' forecasts

Barclays' third quarter profit beats expectations

Barclays has today reported much better than expected third quarter earnings, as its consumer businesses swung back to profit and provisions against bad loans fell compared with the previous quarter.

Business • 23 Oct 20

The UK bank is looking to start up private banking markets in France, Italy, Spain and Germany next year

Barclays to enter new European private banking markets

Barclays plans to enter four new European private banking markets in 2021, its regional manager for the business told Reuters.

Business • 07 Oct 20

Up to 1,000 Barclays staff who had returned to office-based working in recent weeks will revert to working from home

UK banks and finance firms revert to home working

Banks and insurers in Britain have ordered hundreds of staff to work from home home again, just days after many tried to encourage employees back to the office, following fresh guidance from the government.

Business • 23 Sep 20

Ceccato will start his new role later this month

Ceccato to lead Barclay's Irish unit

Investment banker Francesco Ceccato is taking the helm of Barclays' Irish unit, where the bulk of its European business has shifted in recent years following Britain's vote to leave the EU.

Business • 08 Sep 20

Barclays sets aside a higher than expected £1.6 billion to cover a possible rise in loan losses in the second quarter of 2020

Barclays steps up loan losses provisions due to Covid

Barclays has set aside a higher than expected £1.6 billion to cover a possible rise in loan losses in the second quarter of the year.

Business • 29 Jul 20