Barclays' (BCS) Strategic Efforts Aid Amid Capital Markets Woes
Barclays(BCS) ZACKS·2024-06-06 23:21
Barclays PLC (BCS) remains well-positioned for growth on the back of restructuring efforts to boost operational efficiency. A strong balance sheet is likely to keep capital distributions sustainable. However, uncertain capital markets performance and rising credit impairment charges are headwinds.Barclays’ overall expenses are likely to stay at manageable levels as the business restructuring initiatives provide support. The company plans to pursue further cost-saving actions to boost efficiency. The structu ...