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Barclays PLC

Revolut moves global HQ in Canary Wharf as it awaits UK bank license

by Walter Watson
Revolut moves global HQ in Canary Wharf as it awaits UK bank license

A mockup of what Revolut’s new global HQ in Canary Wharf will look like. The firm said it plans to display its logo on two signs on the sides of …

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Waystar shares slip in debut after pricing IPO in middle of range

by Akin Smith
Waystar shares slip in debut after pricing IPO in middle of range

Waystar shares slid about 3% in their Nasdaq debut on Friday, after the health-care payment software vendor priced its IPO in the middle of the expected range. The stock opened …

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Profits of these 5 global banks will stay high despite an ECB rate cut, says Berenberg

by Walter Watson
Profits of these 5 global banks will stay high despite an ECB rate cut, says Berenberg

Despite an interest rate cut expected this week, profits at a handful of major European banks will remain robust, according to Berenberg. The European Central Bank appears on course to cut interest …

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Monzo boosts funding to $610 million to crack U.S., launch UK pensions

by Walter Watson
Monzo boosts funding to 0 million to crack U.S., launch UK pensions

British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year to $610 million. The company told CNBC it raised the …

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Barclays reveals its top 3 stocks to play the sector right now

by Walter Watson
Barclays reveals its top 3 stocks to play the sector right now

Consumers, particularly those in China, have been tightening their purse strings and cutting their spending on luxury goods in light of macroeconomic uncertainties. But Barclays notes that several companies in …

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Baltimore bridge collapse may lead to ‘largest single marine insurance loss ever’, Lloyd’s of London says

by Walter Watson
Baltimore bridge collapse may lead to ‘largest single marine insurance loss ever’, Lloyd’s of London says

Baltimore bridge collapse may lead to ‘largest single marine insurance loss ever’, Lloyd’s of London says Insurance payouts for the Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore …

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Big week for tech IPOs like Reddit boosts Morgan Stanley after lull

by Edgar Davis
Big week for tech IPOs like Reddit boosts Morgan Stanley after lull

The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE Wall Street’s tech IPO …

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These stocks are well-positioned for when the Fed cuts rates

by Walter Watson
These stocks are well-positioned for when the Fed cuts rates

The Federal Reserve’s rate hiking cycle appears to have reached its end. With this in mind, Barclays named its top stock picks for the rate cuts in sight. “The timing …

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stocks, news, data and earnings

by Walter Watson
stocks, news, data and earnings

BOE’s Bailey says ‘not unreasonable’ for market to ponder cuts Bank of England Governor Andrew Bailey addresses the media during the central bank’s Monetary Policy Report press conference at the …

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Barclays posts fourth-quarter net loss, announces £1 billion share buyback

by Ron Morgan
Barclays posts fourth-quarter net loss, announces £1 billion share buyback

Barclays Bank’s UK headquarters in Canary Wharf, London. Matt Crossick/PA Images via Getty Images LONDON — Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as …

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