Barclays Stock News

Market participants attempting to bet on stock-market volatility are facing a reckoning Tuesday, as Barclays halts a fund pegged to VIX.

By Svea Herbst-Bayliss BOSTON (Reuters) – Barclays PLC has hired an executive from a rival bank for its mergers, acquisitions, activism and ESG advisory group as demand increases from corporate clients for those services.

CNBC's Bob Pisani joins 'The Exchange to report on what was behind Barclays' decision to suspend the creation of ETNs tied to the volatility index and oil.

Hannah Bernard, of Barclays, told MPs that, instead, her bank had to rely on self-attestation by businesses applying for bounceback loans.

Bausch Health Companies Inc. (BHC) CEO Joe Papa Presents at 2022 Barclays Global Healthcare Conference (Transcript)

Biggest Vol ETN Breaks: VXX Halted Four Times As It Soars, Completely Disconnected From The VIX The Volmageddon event of February 2020 is back, only this time instead of destroying the XIV inverse ETF, it is now targeting the VXX Yesterday we said that we had a feeling the market would break today, and one look at the VXX volatility-tracking ETN, confirms just that. As a reminder, on Monday morning Barclays announced - to the shock and dismay of millions of VXX investors on both the long and short side - that it would suspend any further sales from inventory and any further issuances of the VXX VIX Short-Term Futures ETN, claiming that “ Barclays does not currently have sufficient issuance capacity to support further sales from inventory and any further issuances of the ETNs. ” As some humorously put it, a volatility ETN just broke because of… volatility. As a result, we also said that it is likely that this product would trade significantly above its asset-based IV price; in fact it would become completely disconnected from its underlying volatility tracker, it will likely become very difficult to short these products & without shares to short, authorized participants can''t do arbitrage operations they typical run to drive price down to IV Price.

NEW YORK (Reuters) – Shares of a volatility-tracking exchange-traded note soared to a near 10-month high on Tuesday, a day after British bank Barclays said it had suspended further the sales and issuance of the shares due to capacity constraints.

Barclays PLC has hired an executive from a rival bank for its mergers, acquisitions, activism and ESG advisory group as demand increases from corporate clients for those services.

Shares of a volatility-tracking exchange-traded note soared to a near 10-month high on Tuesday, a day after British bank Barclays said it had suspended further the sales and issuance of the shares due to capacity constraints. Shares of iPath Series B S&P 500 VIX Short-Term Futures ETN were last up 38.1% at $39.8, on pace for its largest one-day rise in 21 months.

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web by using the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets. GameStop Corp. (NYSE: GME ): To beat market expectations on Mar.17 earnings, GameStop will need to report EPS above 84 cents. This target is more than 37% lower than what the company reported for the same quarter last year. Barclays iPath Series B S&P 500 VIX Short-Term Futures (BATS: VXX ): Barclays has halted new share creations of the iPath Pure Beta Crude … Full story available on Benzinga.com

Barclays PLC (NYSE: BCS) Monday announced the suspension of the sales and issuance of two exchange-traded notes. The British bank said that the decision was based on capacity constraints and has noth

Barclays downgraded the major advertising-agency holding companies - [[WPP]], Omnicom (OMC), Interpublic (IPG) and Publicis Groupe (PUBGY) - to Equal Weight, from Overweight, pointing…

British bank Barclays said on Monday it had suspended the sales and issuance of two exchange-traded notes (ETNs) with combined assets of about $1 billion - one linked to crude oil and another to a gauge of market volatility - due to capacity constraints, in a move that some…

Carnage: China Breaks, Apple Cracks Key Support, Yields Soar As Rate Hike Odds Surge The week started off badly enough with nothing short of devastation in China, where Chinese stocks listed in Hong Kong had their worst day since the global financial crisis, as concerns over Beijing’s close relationship with Russia, a surge in covid cases, a lockdown in Shenzhen and renewed regulatory risks sparked panic selling. The Hang Seng index dropped more than 4%, sliding below 20,000 to the lowest level since 2015… ... as the Hang Seng China Enterprises Index closed down 7.2% on Monday, the biggest drop since November 2008 . Meanwhile, the Hang Sang Tech Index tumbled 11% in its worst decline since the gauge was launched in July 2020 , wiping out $2.1 trillion in value since a year-earlier peak, after the southern city of Shenzhen, a key tech hub near Hong Kong, was placed into lockdown to contain rising Covid-19 infections. The broader Hang Seng Index lost 5%. The US-traded Golden Dragon China index tumbled another 12%, taking its drawdown to -75% from its recent all time high, surpassing the drawdown recorded during the global financial crisis! “If the U.S. decides to impose sanctions on China in total or on individual Chinese companies doing business with Russia, that would be a concern,” said EM investing legend Mark Mobius, “The whole story is still up in the air in this case.” Meanwhile, as discussed last night in " All Hell is Breaking Loose in China ", it wasn''t just Chinese stocks that got taken to the woodshed: Chinese property developer junk bonds were true to their name, and issues by such formerly "solid" issuers as CIFI and Country Garden cratered to lowest levels in history, both trading about 50 cents on the dollar.

British bank Barclays said on Monday it had suspended the sales and issuance of two exchange-traded notes (ETNs) with combined assets of about $1 billion - one linked to crude oil and another to a gau