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Barclays ( (GB:BARC) ) has issued an announcement.
Barclays PLC has announced its plan to initiate a formal tender process for selecting its statutory auditor starting from the 2027 financial year. Currently audited by KPMG LLP since 2017, Barclays will begin this process in the first quarter of 2025, overseen by its Board Audit Committee, with a decision expected by June 2025. This move signals Barclays’ commitment to maintaining transparency and accountability in its financial reporting, potentially impacting its audit practices and relationships with stakeholders.
More about Barclays
Barclays PLC is a global financial services company engaged in retail banking, credit cards, corporate and investment banking, and wealth management. The company operates primarily in Europe, the Americas, Africa, and Asia, serving a diverse client base including individuals, corporations, and institutions.
YTD Price Performance: 81.39%
Average Trading Volume: 44,179,140
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.39B
Find detailed analytics on BARC stock on TipRanks’ Stock Analysis page.
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