Barclays Plc is a multinational financial services and investment banking company headquartered in the United Kingdom
It offers a wide range of financial products and services, including personal banking, corporate banking, investment banking, and wealth management. The company provides solutions for individuals, small businesses, and large institutions, encompassing areas such as savings, loans, credit cards, and investment advice. With a strong global presence, Barclays is committed to innovation and customer-centric services, aiming to help its clients achieve their financial goals while adhering to high regulatory standards.
Apple Inc.'s past week: Apple Watch saves CEO's father, potential credit card partner shuffle, declining China market share, Zuckerberg's criticism, and potential upside in stock due to cost reductions.
Apple is exploring partnerships with Barclays and Synchrony to replace Goldman Sachs as its credit card partner as Goldman scales back its consumer finance ambitions.
The bank disclosed on Monday that it expects a pretax hit of approximately $400 million from the sale of its General Motors credit-card portfolio and a smaller, unrelated business.
