The Barclays share price is in a tight range even after the relatively strong UK economic numbers. The stock is...
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 share price opened with an up gap in today’s trading session, and the company is up by 2 percent...
Barclays share price is attempting to join the bullish stock party in a market where banks have mostly been left...
Barclays (LON: BARC) share price has been consolidating around a key level for the past few weeks. The growing banking...
Barclays share price faced a 1.7% dip on Friday as the markets reacted to mixed GDP results of the UK...
The Barclays share price is struggling ahead of the latest BOE interest rate decision. The bank’s shares have dropped by...
The Barclays and Lloyds share prices have done well this year. The two have risen by 12% and 11%, respectively...
The Barclays share price has continued the correction from recent highs with a 1.06% dip this Tuesday. This move follows...
Barclays (LON: BARC) share price is having a minor pullback today after a strong bounce. The shares of the banking...
The Barclays share price is trading sharply lower this Wednesday ahead of tomorrow’s Bank of England interest rate decision. The...