Latest news and articles about Barclays from NEX English
Barclays has announced the departure of its head of private banking in Singapore at a critical time as the bank prepares for a full return to the market. This decision is part of the bank's efforts to strengthen its presence in the region.
Barclays reports that the U.S. financial market is experiencing structural instability due to rapid growth, necessitating official interventions to support its functioning. This warning comes as reliance on government bonds increases.
Vino Krishna, head of U.S. equity strategies at Barclays, has raised the S&P 500 forecast to <strong>7,650 points</strong> by the end of <strong>2026</strong>, contingent on resolving the ongoing conflict in Iran within the next few months.
Dominique Toublan, Head of Credit Strategy at Barclays, reassured that concerns surrounding the private credit market are not systemic, indicating a stable situation. His remarks were made during the Bloomberg Real Yield program.
Barclays warns that the ongoing closure of the Strait of Hormuz could result in a loss of global oil supplies ranging from <strong>13 to 14 million barrels per day</strong>, posing a significant threat to energy markets. This warning comes amid heightened geopolitical tensions affecting oil supply stability.
Barclays Bank has announced a reduction in the volume of loans available to small investors following significant financial losses due to the collapse of Market Financial Solutions Ltd. and Tricolor Holdings. This decision is part of the bank's efforts to improve its financial performance and mitigate risks.