The Barclays share price has retreated in the past few days as investors focus on the state of the economy...
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 is up this Friday, following the Bank of England’s decision to raise interest rates by 25...
The Barclays share price recovery has stalled as traders wait for the upcoming interest rate decision by the Bank of...
The Barclays share price is seeing some solid demand this Tuesday after the bank refiled its accounts and kickstarted its...
The Barclays share price is trading higher this Tuesday amid the company’s new crypto-related investment. As a result, Barclays finds itself...
The Barclays share price is up 1.23% on Tuesday, which looks to help the stock prevent a fourth consecutive day...
The Barclays share price opened Thursday’s trading session with a bullish gap. However, some gap covering activity by the bears...
As risks continued, the Barclays share price joined other global stocks in a major sell-off on Monday. The BARC stock...
Global banking groups had a challenging period in the first quarter as investment banking slowed and the crisis in Ukraine...
Today’strading session has seen Barclays’ share prices continue losing in the market. Since March 17, Barclays has lost 20 per...