Tag: Barclays

Barclays Plc experienced an unexpected 8% drop in profits for 2022 after the bank missed its revenue estimates in every major business line. The company's stock fell by 9.8% following the announcement. While trading droughts and a poorly performing finance portfolio contributed to declining revenues,...

British investment bank Barclays is dipping its toes into cryptocurrency. According to UK media outlet Sky News, Barclays invested in the crypto advisor Copper during the company's recent funding round. According to the outlet, Barclays didn't commit a significant amount of money, with its investment...