Barclays: It's Unrealistic for Banks to Ditch Oil and Gas Clients | OilPrice.com – OilPrice.com

The chief executive of banking giant Barclays says it is unrealistic for activists and investors to call for banks to stop lending to the oil and gas industry. Barclays Chief Executive CS Venkatakrishnan said banks “cannot completely stop” lending to the oil and gas sector. Bloomberg At the Bloomberg Sustainable Finance Forum in London on […]
Barclays suspends sponsorship of Live Nation music festivals after acts quit over Israel ties

Barclays on Friday suspended its sponsorship of all Live Nation music festivals for 2024 after various artists pulled out in protest of the bank’s ties to defense companies that have ties to Israel. The cancellations also include Live Nation festivals scheduled to take place across the UK this summer, including Latitude, Download and Isle of […]
Barclays bank branches vandalized by pro-Palestinian and climate activists – CNN

Guy Smallman/Getty Images On June 10, 2024, a Barclays branch in Richmond, London, was covered in red paint in response to a Palestinian Action protest against the bank’s business dealings in Israel. London CNN — Around 20 Barclays branches have been vandalised by pro-Palestinian and environmental activists who say they are protesting the British bank’s […]
Barclays sorry after customers locked out of mobile banking – BBC.com

Manage consent settings for AMP pages These settings apply only to AMP pages. If you visit a non-AMP BBC page, you may be asked to set these settings again. The lightweight mobile page you visited was built using Google AMP technology. Necessary data collection To make our webpages work, we store some limited information on […]
Barclays posts fourth-quarter net loss, announces major strategic overhaul – CNBC

Barclays Bank’s UK headquarters are located in Canary Wharf, London. Matt Crossick/PA Image (Getty Images) LONDON – Barclays on Tuesday reported a fourth-quarter net loss of 111 million pounds ($139.8 million) as the British lender announced a wide-ranging strategic review. Analysts polled by Reuters had expected net profit attributable to shareholders to be 60.95 million […]
'Too Cheap to Ignore,' Says Barclays About Alibaba Stock – TipRanks.com – TipRanks

The stock price chart isn't looking good. Alibaba (NYSE:BABA), no matter which way you look at it. Year-to-date, the stock is already down 10%, and going back 12 months, the stock is down 39%. What is the 3 year chart? A disastrous 72% decrease. But does that reflect a permanent decline in the company? Not […]