|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||1.6900 - 1.8175|
|52-week range||1.6900 - 3.0600|
|Beta (5Y monthly)||1.32|
|PE ratio (TTM)||5.12|
|Forward dividend & yield||0.08 (4.17%)|
|Ex-dividend date||11 Aug 2022|
|1y target est||N/A|
(Bloomberg) -- Barclays Plc was sued by shareholders who claim they suffered significant losses after the British lender disclosed that paperwork errors led it to accidentally issue billions of dollars more in structured and exchange-traded notes than it had registered for sale.Most Read from BloombergBank of England Says Paper Banknotes Only Good for One More WeekLiz Truss’s Historic Gamble With the UK Economy Is Already UnravelingUK Market Plunge Sparks Talk of Emergency BOE Rate Hike‘Read Put
Barclays Plc was sued on Friday in a proposed U.S. class action in which shareholders claimed they were defrauded in connection with the British bank's sale of $17.6 billion more debt than regulators had allowed. A complaint filed in the U.S. District Court in Manhattan by two Florida pension plans seeks to hold Barclays responsible for declines in the prices of its American depositary receipts (ADR)as costs mounted over the blunder. The complaint said Barclays made "materially false and misleading" assurances in its annual reports that its internal controls over financial reporting were effective.
LONDON (Reuters) -Investment banks are likely to see a shake-up in revenues next year, with a rebound in banking and advisory fees expected to soften a hit from a fall in trading income, Barclays' CEO C.S. Venkatakrishnan told an investor event on Tuesday. A trading surge has helped investment banks report robust results this year and helped to offset a dire year for fees on company flotations and M&A deals amid global market turbulence. That could be set to change by the second half of next year, Barclays' CEO said.