SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Barclays business and prospects, resulting in its stock trading at inflated prices.
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The mini-Budget increased the expectation for further rate hikes by the Bank of England. See what impact this has on Barclays (BCS).
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British lender Barclays earlier disclosed that it had accidentally oversold complex structured and exchange-traded notes
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Many high street banks are offering support
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Banking stocks such as HSBC Holdings (GB:HSBA) and NatWest Group (GB:NWG) have shown stable growth post-pandemic - and one highly rated analysts believe the two banks are well-placed to weather the coming economic storm. Four-star-rated analyst Jason Napier from UBS has a Buy rating on these stocks and feels they are attractively valued. He has high success rates on both stocks. Napier believes the banks will be able to manage their costs well during the inflationary environment in the near term, leading to better margins and lending growth. Napier is the Head of European Banks Research at UBS and is mainly responsible for covering the UK banks.
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