ReportWire

Tag: BARC.LN

  • Barclays 3Q Rev GBP6.258B

    Barclays 3Q Rev GBP6.258B

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    By Elena Vardon

    Barclays lowered its U.K. net interest margin guidance for 2023 as it posted third-quarter results.

    The British bank on Tuesday said its now expects its net interest margin for Barclays U.K. to come between 3.05% and 3.10%. It had guided for a 2023 margin of no more than 3.20% at its half-year results in July with a view of around 3.15%.

    The lender said its net interest margin for the three months ended Sept. 30 was 3.04%, following a 3.22% margin for the second quarter.

    Write to Elena Vardon at elena.vardon@wsj.com

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  • Barclays CEO C.S. Venkatakrishnan Diagnosed With Non-Hodgkin Lymphoma

    Barclays CEO C.S. Venkatakrishnan Diagnosed With Non-Hodgkin Lymphoma

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    By Joe Hoppe

    Barclays PLC said Monday that Chief Executive Officer C.S. Venkatakrishnan has been diagnosed with non-Hodgkin lymphoma, with treatment expected to last 12 to 16 weeks.

    The FTSE 100-listed bank said the cancer has been detected early and the prognosis is good. Mr. Venkatakrishnan will continue to actively manage the company during the treatment period.

    Write to Joe Hoppe at joseph.hoppe@wsj.com

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