Despite facing challenges, the bank managed to report a net profit of £1.27 billion ($1.56 billion) for the quarter, slightly exceeding expectations of £1.18 billion.
Barclays PLC (LON: BARC), one of the prominent players in the global banking industry,...
To counter the margin pressure, Barclays announced plans for a share buyback of up to £750 million.
Barclays, the British multinational bank, has recently announced its Q2 2023 financial results, revealing expectations of earning less interest in its domestic...
Despite the troubled tech space, German InsurTech firm Wefox recently raised $110 million in debt financing and fresh equity funding.
On Wednesday, May 17, insurance technology startup Wefox announced $110 million in funding from investors, including JPMorgan (NYSE: JPM) and Barclays (LSE: BARC). According...
Due to a strong quarter, Barclays “remains on track to deliver its 2023 targets, with all performance metrics in line with or ahead of guidance.”
British multinational investment bank Barclays PLC (LON: BARC) has released its performance results for Q1...
Barclays’ resilient performance in Q3 is a testament to the bank’s highly diversified business model and income streams despite notable economic headwinds that played out.British multinational banking giant Barclays PLC (LON: BARC) has posted a better-than-expected net income...
1. Jeremy Hunt axes plan to cut basic tax rate and revises energy support package
The new chancellor announced further changes to the mini-budget, reversing most of the policy commitments made by prime minister Liz Truss.
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2. Lloyds,...
United Kingdom crypto trading platform Elwood Technologies — founded by hedge fund billionaire Alan Howard — said it raised $70 million in a Series A funding round co-led by Dawn Capital and global investment bank Goldman Sachs Group Inc...
