Barclays share price is slightly down in a day of very muted trading, as the bank has decided to shut...
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
The Barclays share price has surged to the highest level since May 2018 as investors reflect on the strong bank...
Barclays share price opened with an up gap in today’s trading session, and the company is up by 2 percent...
The Barclays share price pulled back even after the company reported strong quarterly results. The BARC stock declined by about...
The Barclays share price is struggling ahead of the latest BOE interest rate decision. The bank’s shares have dropped by...
The Barclays share price is trading sharply lower this Wednesday ahead of tomorrow’s Bank of England interest rate decision. The...
The Barclays share price will be in the spotlight on Monday ahead of the important US bank earnings. The BARC...
The Barclays share price has retreated in the past few days as investors focus on the state of the economy...
The Barclays share price started the year well. It has risen in the past three straight days and is hovering...
The Barclays share price suffered a sharp reversal on Tuesday as worries about the banking sector resumed. The BARC shares...