Barclays Share Price Rises as Ceasefire Hopes Lift European Banks
Barclays shares rose 2.7% to 394.45 pence in London by 0922 GMT Wednesday, tracking a broader bank rally as Middle East truce hopes pushed oil lower. The bank has repurchased 83.3 million shares since February and reported 2025 pretax profit up 12% to £9.1 billion. The FCA will outline plans March 30 for a motor finance redress scheme that could impact Barclays. Barclays also faces exposure from the failed lender Market Financial Solutions.