Barclays (LON: BARC) share price has started this week with a strong bounce. The bounce comes after the price dropped...
Barclays Share Price
Barclays Bank is a British bank with an international presence headquartered in London, England. The bank has evolved over multiple centuries, and its history can be traced to a goldsmith banking business founded in London in 1690.
The name Barclays is derived from James Barclay, who joined the bank in 1736 and engineered the merger of multiple banks under the name Barclays and Co.
Since January, the bank’s share price has risen over 35% but has an impressive 75% over the past 12-month period.
Barclays shares have recovered from the March 2020 lows triggered by the coronavirus pandemic as the world grappled with the global pandemic at the outset. The shares have gone on to print new multi-year highs last seen in June 2018.
Barclays CEO Jes Staley suddenly resigned from his position on November 1, 2021, after UK regulators presented their findings after investigating his relationship with Jeffrey Epstein, his client at JP Morgan since 2000.
Jes Staley had led Barclays bank since December 2015 and has restructured the Bank’s business leading to its successful exit from international markets such as Africa, while focusing on growing its investment banking division.
Staley is credited with turning around Barclays bank’s operations and making it much more profitable than he found it. As a result, the bank is considered a systemically important British bank, whose failure or collapse would significantly affect the UK economy.
In the coming months and years, investors will be watching the bank’s performance under the new CEO, C.S. Venkatakrishnan.
Barclays share price latest news
Barclays (LON: BARC) share price is showing strength despite growing banking concerns in the US. On Tuesday, shares of major...
Barclays (LON: BARC) share price appears to be in a consolidation phase after the bank posted a 27% increase in...
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Barclays (LON: BARC) share price has run into some resistance after rising for four consecutive weeks. Our analysis shows that...
Barclays (LON: BARC) share price is having a great month after a panic-induced sell-off in March. The shares are already...
Barclays (LON: BARC) share price appears to be gaining strength after a strong bounce from its 130p support level. Shares...
Barclays (LON: BARC) share price has wiped off its yearly gains amid the ongoing banking crisis. After a small bounce,...
Barclays share price (LON: BARC) is having its first green day after a massive sell-off. The global banks had a...
Barclays PLC, a leading financial services provider, had a successful trading session yesterday. The company’s shares rose 0.62% to £1.55,...