Barclays (BARC)

Sector:

Banking

Index:

FTSE 100

183.20p
   
  • Change Today:
      1.68p
  • 52 Week High: 185.74p
  • 52 Week Low: 129.20p
  • Currency: UK Pounds
  • Shares Issued: 15,086m
  • Volume: 47,925,238
  • Market Cap: £27,637m
  • RiskGrade: 213

Barclays set to start search for new CEO

By Caoimhe Toman

Date: Monday 24 Feb 2020

LONDON (ShareCast) - (Sharecast News) - Barclays is readying itself to start the search for its new Chief Executive Officer who will replace Jes Staley.

According to reports from the Financial Times on Monday, two people close to the matter confirmed the bank's plan.

The move follows UK financial regulators's (Financial Conduct Authority and the Bank of England's Prudential Regulation Authority) investigation into potential links between Staley and US financier Jeffrey Epstein, who committed suicide while awaiting trial on sex trafficking offences.

Staley has been CEO at Barclays since 2015 and expects to leave the bank by the end of 2021. He could stand down at the annual meeting in May 2021, sources said.

Barclays will appoint an external headhunting firm to find potential successors and this process could take up to a year, said the FT. The report said it was likely that the firm appointed would be Spencer Stuart or Egon Zehnder.

The lender's search will focus on executives with experience in investment banking as the bank derives roughly half its revenue from its corporate and investment bank.

"Given the business model of Barclays, the candidate needs deep experience of investment banking," the person told the Financial Times. "This raises the question of whether you can pay, whether you can buy out, if you go outside for an external candidate."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Barclays Market Data

Currency UK Pounds
Share Price 183.20p
Change Today 1.68p
% Change 0.93 %
52 Week High 185.74p
52 Week Low 129.20p
Volume 47,925,238
Shares Issued 15,086m
Market Cap £27,637m
RiskGrade 213

Barclays Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.60% above the market average99.60% above the market average99.60% above the market average99.60% above the market average99.60% above the market average
52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average
Price Trend
79.77% above the market average79.77% above the market average79.77% above the market average79.77% above the market average79.77% above the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average
Income
84.36% above the market average84.36% above the market average84.36% above the market average84.36% above the market average84.36% above the market average
46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average
Growth
49.68% below the market average49.68% below the market average49.68% below the market average49.68% below the market average49.68% below the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average

What The Brokers Say

Strong Buy 5
Buy 7
Neutral 3
Sell 1
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Barclays Dividends

  Latest Previous
  Final Interim
Ex-Div 29-Feb-24 10-Aug-23
Paid 03-Apr-24 15-Sep-23
Amount 5.30p 2.70p

Trades for 28-Mar-2024

Time Volume / Share Price
16:36 3,703 @ 183.20p
16:36 3,702 @ 183.20p
16:35 5,510,000 @ 184.13p
16:35 16,666,265 @ 183.20p
16:35 24,755 @ 183.20p

Barclays Key Personnel

CEO C.S. Venkatakrishnan

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