NEW YORK--(BUSINESS WIRE)--Barclays today announced the appointment of Andrew K. Woeber as Global Head of Mergers & Acquisitions. Andrew will report to Cathal Deasy and Taylor Wright, Global Co-Heads of Investment Banking. He will be based in New York and join the Investment Banking Management Team. Mr. Woeber has more than 25 years of experience advising leading global companies on transaction...
Barclays is scrapping its diversity and inclusivity targets across the United States, the bank said on Tuesday, becoming the latest British company to abandon its inclusivity goals following the U.S. President's opposition to them.
The CEOs of some of the top global banks, including JPMorgan Chase and Bank of America , held a call on Sunday to discuss the repercussions of the hefty tariffs unveiled by President Donald Trump, sources familiar with the matter said.
Despite UK domestic banks being hit by expectations of lower interest rates in the wake of Donald Trump's 'reciprocal tariffs' announcement, analysts at Keefe, Bruyette & Woods said the sector is still attractive. Lower interest rates are seen as the main risk to UK bank earnings, with markets anticipating more cuts from the Bank of England as a result of the potential fallout from the new trad...
Barclays PLC (LSE:BARC) shares dropped 8% in early Monday trading as markets reacted sharply to President Donald Trump's sweeping global tariffs. The move has stoked fears of a trade war and a potential global recession, a toxic mix for banks.
The Barclay family has reportedly sold its superyacht Lady Beatrice as part of a broader effort to offload assets and repay debts. The 60-metre yacht, named after the late mother of Sir David and Sir Frederick Barclay, was purchased by financier Peter Dubens through a Bermuda-based company, according to the Times.
UBS has restated its 'buy' advice to prospective investors in Barclays PLC (LSE:BARC) and NatWest Group PLC (LSE:NWG), saying the UK lenders offer the best revenue growth prospects in Europe - but at a cheaper price. It notes the sector is trading at just seven times forecast 2026 earnings, with Paragon Banking Group PLC (LSE:PAG) the preferred mid-cap pick.
NEW YORK--(BUSINESS WIRE)--Barclays today announces the appointment of Jason Short as a Managing Director in the Financial Sponsors Group (FSG), based in San Francisco and covering West Coast accounts. Expanding the capabilities with financial sponsor clients is key to the growth of Barclays' Investment Banking business. In his new role, Jason will be responsible for building and maintaining re...
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