Barclays Shares Up After GoHenry Deal as UK Bank Stocks Rally
Barclays shares rose 5.3% to £4.73 on Friday, outpacing the FTSE 100’s 1.6% gain. The bank agreed to buy GoHenry’s UK business from Acorns, acquiring a youth-banking app with about 500,000 UK child accounts. Barclays said the deal will trim its CET1 ratio by five basis points but left financial targets unchanged. H1 results are due July 28.