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Despite facing challenges, the bank managed to report a net profit of £1.27 billion ($1.56 billion) for the quarter, slightly exceeding expectations of £1.18 billion. Barclays PLC (LON: BARC), one of the prominent players in the global banking industry, saw its share performance plummet by as much as 6.5% earlier today
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“Onyx Digital Assets already enables clients to access intraday liquidity via repo transactions,” said Tyrone Lobban, JPMorgan’s Head of Onyx Digital Assets, in a statement. “Now with the launch of TCN, clients can benefit from additional utility from their MMF investments by posting tokenized MMF shares as collateral – a
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“We view the ruling as incrementally positive for Coinbase, given the interpretation that in some cases a token may not be a security,” the bank's analysts wrote, keeping COIN’s rating at underweight with a $70 price target. "This may also provide incremental clarity for future token issuances.” Source
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The bank said it sees few positive drivers for the crypto exchange’s share price in the near term. Source
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Despite the troubled tech space, German InsurTech firm Wefox recently raised $110 million in debt financing and fresh equity funding. On Wednesday, May 17, insurance technology startup Wefox announced $110 million in funding from investors, including JPMorgan (NYSE: JPM) and Barclays (LSE: BARC). According to Wefox, the American and British banking giants contributed half of
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Due to a strong quarter, Barclays “remains on track to deliver its 2023 targets, with all performance metrics in line with or ahead of guidance.” British multinational investment bank Barclays PLC (LON: BARC) has released its performance results for Q1 2023. The bank’s net profit of £1.8 billion (or $2.2 billion) beat
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Barclays’ resilient performance in Q3 is a testament to the bank’s highly diversified business model and income streams despite notable economic headwinds that played out.British multinational banking giant Barclays PLC (LON: BARC) has posted a better-than-expected net income following the release of its performance report for the third quarter (Q3).
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Barclays inicia cobertura de la compañía minera de bitcoin con calificación de compra equivalente. Source
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Barclays initiates coverage of the bitcoin miner with buy-equivalent rating. Original Source
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Barclays’ research team sees Coinbase continuing to face headwinds. Original Source
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