Barclays Stock Price, News & Analysis

Barclays Bank PLC announced a domain change for its iPath® Exchange-Traded Notes (ETNs) from www.ipathetn.com to ipathetn.barclays. The previous domain is no longer owned by Barclays, and any content on it is not affiliated with Barclays. Investors are advised to visit the new site for updated information. The press release also highlights potential risks associated with investing in iPath ETNs, including no principal protection and the possibility of losing some or all of the investment.

Barclays has been named Prime Broker of the Year by Risk Magazine, highlighting its strong performance and strategic focus over the last five years. This accolade follows extensive evaluations by the magazine's editorial team. Barclays' global prime brokerage services encompass financing for equities and fixed income, among others, and it now ranks #5 globally, an improvement from #9 in 2016. The firm's integrated and technology-driven approach has contributed to its success, with leaders expressing optimism for continued growth in 2022.

Barclays Bank PLC announced a change in the ticker symbol for its iPath® Shiller CAPE™ Exchange Traded Notes (ETNs) from CAPE to CAPD. This change will take effect before trading begins on February 24, 2022. Potential investors need to consider various risks associated with the ETNs, which are unsecured debt obligations with no principal protection. The investment risks include potential loss of principal and market volatility. For further details, investors are encouraged to consult the prospectus and seek advice from financial advisors.

Barclays Bank PLC has announced an extension of the waiver for the minimum redemption size for certain equity and commodity Exchange Traded Notes (ETNs). This change becomes effective after trading closes on February 28, 2022, and will remain until further notice. The minimum early redemption size for the affected ETNs is set at 5,000 units. Barclays will notify ETN holders at least ten days before modifying or removing the waiver. The ETNs carry significant risks, including the potential loss of principal, and are not guaranteed by third parties.

Barclays has appointed François Baroin as Chairman of its operations in France. Since joining as a Senior Advisor in 2018, François has significantly contributed to the growth of Barclays Corporate and Investment Bank in the region. In his new role, he will enhance client relationships and drive revenue growth across all business lines in France. François's experience includes various ministerial roles in the French government, making him a valuable asset for Barclays’ strategic ambitions in Europe.

Barclays Investment Bank has appointed Sven Baumann as Head of Investment Banking for the DACH region (Germany, Austria, Switzerland). Mr. Baumann, who previously led Citigroup's investment banking operations in Germany, brings over 20 years of experience in financial services, having also worked at Bank of America Merrill Lynch and Deutsche Bank. His leadership is expected to enhance Barclays' market position in Germany, the largest market in Continental Europe. This strategic move follows the recent appointment of Ingrid Hengster as Country CEO for Germany.

Barclays has appointed Jefferson Rives as a Managing Director in Healthcare Investment Banking, focusing on healthcare services, IT, payer, and pharma supply chain. Rives brings over 15 years of experience, previously working at Wells Fargo and Morgan Stanley, and has been involved in transactions exceeding $175bn. This hiring follows recent appointments in the healthcare sector, as Barclays aims to enhance its business momentum in healthcare services.

Barclays Bank PLC announced that it will redeem all outstanding iPath® Bloomberg Natural Gas Subindex Total Return ETNs on October 29, 2021. The decision follows a cash tender offer and consent solicitation that allowed Barclays to amend the ETNs' indenture, granting the right to redeem at its discretion. Holders of the ETNs will receive a cash payment based on the principal amount multiplied by the Index Factor on the Valuation Date, minus the Investor Fee. The ETNs are subject to significant risks, including lack of principal protection and potential loss of value.

Barclays Bank PLC has completed a cash tender offer for its iPath® Bloomberg Natural Gas Subindex Total Return ETNs due October 22, 2037. The offer, which expired on October 14, 2021, resulted in the acceptance of 3,764,993 Notes, representing 52.37% of the total outstanding. The purchase price was set at $0.15 per Note, totaling $564,748.95. Additionally, Barclays has secured the necessary consents for a proposed amendment allowing it to redeem all outstanding Notes at its discretion. The settlement date for this transaction is October 18, 2021.