Topic filter : Barclays

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.... Other financial institutions are also planning to relocate business within Europe. Several investment banks, including Bank of America, Barclays, and Morgan Stanley are considering relocating staff to Dublin. ... [Read full article on BBC ]
Wednesday 29th of March 2017 05:24:23 PM
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....Other financial institutions have also said they are thinking of moving some business within Europe. Several investment banks, including Bank of America, Barclays, and Morgan Stanley are considering relocating staff to Dublin. ... [Read full article on BBC ]
Thursday 30th of March 2017 06:28:20 AM
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....It will be conducted every other year, in addition to the regular annual stress test, which puts banks through another hypothetical scenario that tests their ability to weather a severe economic shock over a five-year period. Last year Royal Bank of Scotland, which is 73% owned by UK taxpayers, was the biggest failure in the stress tests, while Barclays and Standard Chartered also struggled. ... [Read full article on Guardian ]
Monday 27th of March 2017 09:26:41 AM
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....The banks will have to show they have sufficient resources in place to cope with any shocks. The seven major lenders taking part are Barclays, HSBC, Lloyds, RBS, Santander UK, Standard Chartered and Nationwide. ... [Read full article on BBC ]
Monday 27th of March 2017 11:43:00 AM
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....Under the deferred prosecution agreement (DPA), Tesco would pay a penalty that could be well over £100m and agree to other conditions in return for avoiding formal prosecution for overstating its profits. The SFO is also close to making a decision on whether to formally charge Barclays and former senior executives at the bank over a £7. ... [Read full article on Guardian ]
Monday 27th of March 2017 05:46:01 PM
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.... Meanwhile, the Co-operative Bank says its basic Cashminder account makes up around 20% of all its current accounts. Other providers include Barclays (Basic Current Account), HSBC (Basic Bank Account), Nationwide (FlexBasic), NatWest (Foundation Account), Royal Bank of Scotland (Basic Account), Santander (Basic Current Account), TSB (Cash Account) and Yorkshire Bank/Clydesdale Bank (Readycash). ... [Read full article on Guardian ]
Saturday 25th of March 2017 07:00:02 AM
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Latest Finance News related to Barclays

Insurer Lloyd's of London confirms new Brussels subsidiary image
Source : BBC [Read Article] Thursday 30th of March 2017 06:28:20 AM
....Other financial institutions have also said they are thinking of moving some business within Europe. Several investment banks, including Bank of America, Barclays, and Morgan Stanley are considering relocating staff to Dublin. ...
Insurer Lloyd's of London 'to open Brussels office', say reports image
Source : BBC [Read Article] Wednesday 29th of March 2017 05:24:23 PM
.... Other financial institutions are also planning to relocate business within Europe. Several investment banks, including Bank of America, Barclays, and Morgan Stanley are considering relocating staff to Dublin. ...
Tesco and Serious Fraud Office near to deal over accounting scandal image
Source : Guardian [Read Article] Monday 27th of March 2017 05:46:01 PM
....Under the deferred prosecution agreement (DPA), Tesco would pay a penalty that could be well over £100m and agree to other conditions in return for avoiding formal prosecution for overstating its profits. The SFO is also close to making a decision on whether to formally charge Barclays and former senior executives at the bank over a £7. ...
UK banks given new stress test scenarios image
Source : BBC [Read Article] Monday 27th of March 2017 11:43:00 AM
....The banks will have to show they have sufficient resources in place to cope with any shocks. The seven major lenders taking part are Barclays, HSBC, Lloyds, RBS, Santander UK, Standard Chartered and Nationwide. ...
UK banks asked to draw up plans to show they are prepared for Brexit image
Source : Guardian [Read Article] Monday 27th of March 2017 09:26:41 AM
....It will be conducted every other year, in addition to the regular annual stress test, which puts banks through another hypothetical scenario that tests their ability to weather a severe economic shock over a five-year period. Last year Royal Bank of Scotland, which is 73% owned by UK taxpayers, was the biggest failure in the stress tests, while Barclays and Standard Chartered also struggled. ...
Lords call for the banks to get back to basics image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:02 AM
.... Meanwhile, the Co-operative Bank says its basic Cashminder account makes up around 20% of all its current accounts. Other providers include Barclays (Basic Current Account), HSBC (Basic Bank Account), Nationwide (FlexBasic), NatWest (Foundation Account), Royal Bank of Scotland (Basic Account), Santander (Basic Current Account), TSB (Cash Account) and Yorkshire Bank/Clydesdale Bank (Readycash). ...
Libor expert witness texted for help image
Source : BBC [Read Article] Wednesday 22nd of March 2017 09:37:35 PM
....". He was testifying on Wednesday as an expert on trading in the trial of two former Barclays traders, Stelios Contogoulas and Ryan Reich. ...
New Nationwide deal for parents to raise cash from their home to help their children image
....She said first-time buyers looking to boost their deposit could also consider a Help to Buy Isa, which comes with a government bonus. Other providers offering deals allowing families to help relatives on to or up the property ladder include Barclays with its Family Springboard mortgage. ...
Cheque next-day clearance system to start from THIS year image
Source : Daily Express [Read Article] Wednesday 22nd of March 2017 02:36:00 PM
....Despite consumers' increasing appetite for internet and mobile banking, 477 million cheques were still used for payments and to acquire cash across the UK in 2016. Barclays has already introduced cheque imaging for its customers. ...
Bank cheques to be cleared within a day image
Source : BBC [Read Article] Wednesday 22nd of March 2017 10:34:53 AM
...." . Barclays already allows some of its customers to pay in cheques via pictures on their banking apps. ...
Viagogo should be forced to face a grilling over ticket resale abuse | Nils Pratley image
.... Fair enough – and worth saying to avoid unintended consequences. There’s just one quibble with Carney’s description of the Bank’s own response to Hogg’s failure to disclose her brother’s job at Barclays as required under a code she oversaw. ...
City minister in right and proper pickle over financial crime image
Source : Guardian [Read Article] Tuesday 21st of March 2017 04:53:03 PM
.... So much, that he couldn’t quite remember any of it. The shadow chancellor, John McDonnell, began by accusing Kirby of complacency – this was harsh; Kirby might be stupid, but that doesn’t necessarily make him complacent – before going on to point out that, of the banks implicated in the scandal, HSBC had form, RBS was three-quarters owned by the government and Barclays had been involved in Libor rigging. ...
Carney: Bank of England deputy should not have quit for 'honest mistake' image
. The governor of the Bank of England has defended his handling of the controversy surrounding his deputy Charlotte Hogg and said she shouldn’t have had to resign for an honest mistake in failing to disclose that her brother worked at Barclays. ...
Carney defends Bank of England over Hogg resignation image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:22:41 AM
....Ms Hogg quit earlier in March over a conflict of interest. She had failed to mention, before her appointment, that her brother was a senior executive at Barclays - a lender regulated by the Bank of England. ...
British banks handled vast sums of laundered Russian money image
Source : Guardian [Read Article] Monday 20th of March 2017 06:00:24 PM
....Britain’s high street banks processed nearly $740m from a vast money-laundering operation run by Russian criminals with links to the Russian government and the KGB, the Guardian can reveal. HSBC, the Royal Bank of Scotland, Lloyds, Barclays and Coutts are among 17 banks based in the UK, or with branches here, that are facing questions over what they knew about the international scheme and why they did not turn away suspicious money transfers. ...
Five-minute guide to…The resurgence of first-time buyers image
Source : Daily Express [Read Article] Sunday 19th of March 2017 12:01:00 AM
....Four out of 10 can only buy with support from the Bank of Mum and Dad, or other family members, such as grandparents. A number of lenders offer specialist mortgages for families who want to help out, including the Family Springboard Mortgage from Barclays, Aldermore’s Family Guarantee Mortgage, Bath Building Society’s Parent Assistance Mortgage Scheme, and the Family Mortgage from the Family Building Society. ...
Are these cashback deals  a carrot… or a costly stick? image
Source : Guardian [Read Article] Saturday 18th of March 2017 07:00:32 AM
.... And some are dishing out quite large sums. The highest amount currently on offer is £2,500, courtesy of a Barclays deal. ...
Former Barclays chief Bob Diamond to buy Panmure Gordon image
Source : Guardian [Read Article] Friday 17th of March 2017 08:15:51 AM
. Bob Diamond, the former chief executive of Barclays, is staging a City comeback after agreeing to buy one of London’s oldest stockbroking firms. ...
Bob Diamond in deal to buy stockbroker Panmure Gordon image
Source : BBC [Read Article] Friday 17th of March 2017 07:45:59 AM
....Bob Diamond has joined forces with the Qatari royal family to buy Panmure Gordon, the loss-making stockbroker and investment bank. The former Barclays chief executive has made the offer through his Atlas Merchant Capital vehicle and QInvest, the Qataris' investment arm. ...
Bank of England keeps UK interest rates on hold as it warns on inflation image
Source : Guardian [Read Article] Thursday 16th of March 2017 12:10:58 PM
....”. Economists at Barclays also see rates staying on hold for the foreseeable future and said the committee appeared broadly united. ...
Charlotte Hogg’s exit raises tough questions for Bank of England | Nils Pratley image
....Charlotte Hogg’s original error was perhaps forgivable. It was astonishing that she could omit her brother’s job at Barclays in a form asking about personal relationships that could be perceived as creating conflicts of interest. ...
Charlotte Hogg image
Source : BBC [Read Article] Tuesday 14th of March 2017 01:51:01 PM
....Her maternal grandfather, John Boyd-Carpenter, was transport minister then minister of pensions and national insurance under both Anthony Eden and Harold Macmillan. Her brother, Quintin, works in the strategy unit of Barclays' investment bank. ...
Charlotte Hogg was right to resign, but the departure is cause for concern image
.... She jumped before she was pushed. The report from the Treasury select committee that sent Hogg on her way could hardly have been more damning about her failure to disclose the fact her brother worked for Barclays – a bank regulated and supervised by Threadneedle Street. ...
Charlotte Hogg resigns as Bank of England deputy governor image
Source : BBC [Read Article] Tuesday 14th of March 2017 09:40:11 AM
. Charlotte Hogg, who was set to become a Bank of England deputy governor, has resigned after failing to disclose her brother worked at Barclays. ...
Charlotte Hogg resigns as Bank of England deputy governor image
Source : Guardian [Read Article] Tuesday 14th of March 2017 09:33:31 AM
....Charlotte Hogg has resigned as deputy governor of the Bank of England after MPs concluded she was not up to the role she was promoted into barely two weeks ago. Her departure was announced 25 minutes after the Treasury select committee published a highly critical report prompted by her failure to disclose that her brother works for Barclays, which is regulated by the Bank of England. ...
Bank of England deputy Charlotte Hogg to face MPs' verdict image
Source : Guardian [Read Article] Monday 13th of March 2017 07:57:32 PM
....Mann described her position as untenable when her breach of the Bank’s code of conduct was revealed last week. In a hearing last month, Hogg had told the Treasury select committee that she had disclosed to the Bank that her brother Quintin Hogg worked at Barclays. ...
Trump is set to win the battle on interest rates, but US economy will pay the price image
.... Maintaining that reputation should bring the issues at its warehouse into sharp focus. Eight foot high and 20ft wide, the five acrylic blocks that have been a fixture in the characterless, cavernous foyer at Barclays for the past four years have gone. ...
Charlotte Hogg: a family tree deeply rooted in the British establishment image
.... Hogg is also an accomplished horse rider and long-distance runner. It is her promotion to deputy governor 10 days ago that led to her appearance before MPs and stoked the controversy over why she had not disclosed that her brother, also called Quintin, is a director at Barclays. ...
Bank of England deputy governor's future hangs in balance image
Source : Guardian [Read Article] Friday 10th of March 2017 07:18:25 PM
....The future of the deputy governor of the Bank of England is in the balance this weekend as MPs weigh up whether to issue a stinging rebuke to Charlotte Hogg, the second most powerful official at the Bank. Pressure has been mounting on Hogg, who only took over as deputy on 1 March, since her admission last week that she failed to disclose a potential conflict of interest over her brother’s position as a key Barclays bank executive. ...
Banker Charlotte Hogg’s error is a cautionary tale for the privileged | Deborah Orr image
.... It would be wise to recommend that she can’t keep the role. Hogg’s troubles began when it emerged that she had not declared a potential conflict of interest, which is that her brother, Quintin Hogg, is a director of group strategy at Barclays, which the Bank of England regulates. ...
Lloyds Banking Group sets aside an extra £350m for PPI image
Source : BBC [Read Article] Friday 10th of March 2017 02:05:39 PM
....Royal Bank of Scotland, which set aside £601m for PPI claims in its most recent financial year, declined to comment on future provisions. Barclays also declined to comment. ...
Libor requests need not break rules, court hears image
Source : BBC [Read Article] Thursday 9th of March 2017 11:08:42 PM
....A prosecution witness in the trial of two bankers for manipulating Libor interest rates has accepted banks could put rates higher or lower without necessarily breaking the rules. Former Barclays traders Ryan Reich and Stelios Contogoulas are accused of conspiracy to defraud by rigging Libor. ...
Sir Martin Sorrell's £42m payout takes earnings to £210m in five years image
.... Its chief executive, Warren East, who is leading the clean-up operation of the engine-maker after its £671m charge to settle bribery and corruption charges with the Serious Fraud Office and authorities in the US and Brazil, received a £916,000 bonus taking his total pay to £2m. After Royal Bank of Scotland revealed on Wednesday it had handed £16m in bonuses to its top executives, Barclays disclosed its top management had been granted £9m in future bonuses and shared £13. ...
What are the UK's highest paid apprenticeships of 2017? image
Source : Guardian [Read Article] Thursday 9th of March 2017 09:42:43 AM
....There are a variety of apprenticeships available in financial services, which span a range of specialisms, including: investment, operations, technology and finance. Investment banking companies such as JP Morgan offer a scheme that covers these areas, while Barclays, Lloyds and Santander offer trainee roles in finance, digital technology, audit and management. ...
Bank deputy Charlotte Hogg admits breaching guidelines image
Source : BBC [Read Article] Tuesday 7th of March 2017 04:00:30 PM
....Last week she told MPs that she had accurately declared all conflicts of interest, and that she had also helped to write the Bank's code of conduct. However, she failed to declare that her brother worked at Barclays, one of the banks she will be overseeing. ...
Bank of England deputy's slip-up was astonishing – but its reaction was predictable | Nils Pratley image
....Now comes the excruciating apology. Actually, no, she was not in compliance because she didn’t declare to the Bank when she joined in 2013 that her brother, Quintin, has a senior job in strategy at Barclays, a bank regulated by Threadneedle Street. ...
Bank of England deputy governor gets warning over conflict of interest image
. The governor of the Bank of England has censured his new deputy governor after she admitted breaking Bank rules by failing to declare that her brother worked for Barclays. ...
Budget 2017: Is G4S trying to bury its results on Wednesday? image
Source : Guardian [Read Article] Sunday 5th of March 2017 12:01:28 AM
.... It is the first thing City-watchers tend to look for when studying the corporate calendar during budget week, particularly after 2013. Back then, bonus awards at Barclays - including £17. ...
FTSE closes down as WPP shares hit by cautious outlook image
Source : BBC [Read Article] Friday 3rd of March 2017 08:56:40 AM
....On the FTSE 250, shares in WH Smith closed up 3. 36% after Barclays upgraded its rating for the retailer to "overweight" from "equal weight". ...
Agent Provocateur founder brands Mike Ashley's purchase 'a stitch-up' image
Source : Guardian [Read Article] Thursday 2nd of March 2017 12:46:56 PM
.... AlixPartners, the administrator, 3i and Four Holdings declined to reveal the size of Agent Provocateur’s debts. Barclays was the biggest creditor. ...
PPI claims deadline is announced image
Source : BBC [Read Article] Thursday 2nd of March 2017 07:21:58 AM
....". The biggest five banks - Lloyds, Barclays, RBS, HSBC and Santander - have collectively set aside more than £35bn to cover the cost overall, but the bill for the industry could have been much higher. ...
Bank deputy Charlotte Hogg 'must avoid conflicts of interest' image
Source : BBC [Read Article] Thursday 2nd of March 2017 12:00:04 AM
....One of them, the Prudential Regulation Committee (PRC), oversees UK banks. On Tuesday MPs on the Treasury select committee questioned her about her brother, who works for Barclays as a director in group strategy. ...
Payday loans complaints rise 22% despite FCA clampdown image
Source : Guardian [Read Article] Tuesday 28th of February 2017 06:01:20 AM
....Bank of Scotland, which includes brands such as the Halifax and Birmingham Midshires, was the most complained-about business during the period with 19,555 complaints. Lloyds and Barclays were in second and third place with 18,411 and 13,379 complaints respectively. ...
PPI still dominates financial ombudsman's in-tray image
Source : BBC [Read Article] Tuesday 28th of February 2017 12:14:54 AM
....Top of the list in the last half of 2016 was the Bank of Scotland, which is part of the Lloyds banking group, with nearly 20,000 new complaints against it. It was followed by Lloyds bank itself, Barclays, HSBC, NatWest, the credit card firms Capital One and MBNA, Santander and the Nationwide building society. ...
‘Buy for Uni’ mortgage turns students into landlords image
Source : Guardian [Read Article] Monday 27th of February 2017 09:28:35 AM
....Interest rates David Hollingworth from London & Country Mortgages says that as the loans are niche products, the interest rates are higher than would normally be expected. “The rates are higher than would typically be available to a first-time buyer, even where parental security is being used, such as the Barclays Family Springboard deal that offers a three-year fixed-rate of 2. ...
Barclays apologises for cash machine and debit card faults image
Source : BBC [Read Article] Saturday 25th of February 2017 04:31:38 PM
. Barclays has apologised after customers reported problems using cash machines, debit cards and phone banking. ...
Germany overtakes UK as fastest-growing G7 economy image
Source : Guardian [Read Article] Thursday 23rd of February 2017 03:21:32 PM
.... It was the highest budget surplus since reunification in 1990 and the third successive year the government has had a budget surplus. Olga Tschekassin, an economist at Barclays, said government and state spending would continue to be the main drivers of growth in the coming quarters. ...
FTSE dragged down by ex-dividend firms image
Source : BBC [Read Article] Thursday 23rd of February 2017 12:36:49 PM
....The insurer reported operating profits of £655m, 25% higher than the previous year. Shares in Barclays, which had risen strongly in early trading after the bank reported a near trebling of full-year profits to £3. ...
Barclays full-year profits almost treble to £3.2bn image
Source : BBC [Read Article] Thursday 23rd of February 2017 12:02:21 PM
Brexit: Barclays 'committed to London' image
Source : BBC [Read Article] Thursday 23rd of February 2017 09:22:42 AM
. Barclays will keep the bulk of its operations in London after Brexit, even if the UK loses access to the single market, chief executive Jes Staley says. ...
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Savers told to vote with their feet for best deals, says finance expert image
Source : Daily Express [Read Article] Wednesday 22nd of February 2017 12:01:00 AM
....“The light at the end of the tunnel is still obscured by US litigation and restructuring costs. “But Lloyds looks in decent shape while Barclays seems to be heading in the right direction. ...
Results will reveal the good, the bad and the ugly of UK banks image
Source : Guardian [Read Article] Sunday 19th of February 2017 03:37:29 PM
....In contrast, Lloyds Banking Group – bailed out at same time and is almost free from taxpayer support. Barclays and Standard Chartered also report the first full year results since the cut in interest rates after Brexit, which puts pressure on banks’ profitability. ...
British Gas price freeze is unlikely to impress customers image
Source : Guardian [Read Article] Sunday 19th of February 2017 07:00:02 AM
....However, the move – which is being funded by cost cutting – could prove to be a temporary respite for consumers, given wholesale prices are still rising. Barclays analysts said: “We expect [British Gas owner] Centrica will have to raise tariffs in August, or face a retail . ...
Co-op Bank faces struggle to find owner with ethics – and deep pockets image
Source : Guardian [Read Article] Saturday 18th of February 2017 04:00:05 PM
....The Co-op brand might go with the current accounts, but could equally be sold to another buyer who pledges to retain the ethical stance. Whatever the outcome, though, it is very different to 2012 when, together with the TSB branches, the Co-op was expected to create a 1,000-strong high street force to take on the big four of Lloyds Banking Group, HSBC, Barclays and RBS. ...
It’s all talk at Santander as voice recognition banking begins image
Source : Guardian [Read Article] Saturday 18th of February 2017 07:00:33 AM
.... The bank’s smartphone app also allows customers to see their recent transactions and report a lost card, just by talking to their phone. Unlike HSBC and Barclays, which use voice biometrics to establish the identity of customers calling customer services, Santander users will still have to log in to the app using their passwords, but once they have done so they can start barking out transactions over their phone. ...
New mortgage helps buyers meet Stamp Duty costs  image
Source : Daily Express [Read Article] Tuesday 14th of February 2017 12:01:00 AM
. Barclays said its homebuyer cashback mortgage is designed to help first-time buyers or home movers recover the cost of stamp duty on their new property purchases. ...
Bank of England appoints Charlotte Hogg as deputy governor image
Source : Guardian [Read Article] Thursday 9th of February 2017 05:57:26 PM
.... Several banks have criticised regulators for tightening rules and issuing large fines for bad behaviour. The chairman of Barclays, John McFarlane, hit out last year against the £20bn in fines and taxes imposed on the Bank, forcing it to cut its dividend. ...
RBS boss to unveil more cuts after receiving pay worth £3m in 2016 image
Source : Guardian [Read Article] Sunday 5th of February 2017 03:06:15 PM
.... He also needs to spin out 315 branches to meet the terms imposed by the EU at the time of RBS’s bailout. Analysts at Barclays said that cutting costs would remain a key focus across most of its retail and commercial businesses. ...
Sir Andrew Witty nears his last Glaxo goodbye image
Source : Guardian [Read Article] Sunday 5th of February 2017 07:00:07 AM
....Their report, The World in 2050, could be one of three things: (a) an incredible triumph of hope over experience (confidence ranking high); (b) a fantastic piece of self-satire (less probable); or (c) a forlorn attempt to guess economic conditions that evening at 10 minutes to nine. It’s a controversial thought, but sometimes you do have to love Barclays – the lender that routinely tells gags that make itself the butt of the joke. ...
Is it time to grab a bigger share of the stock market? image
Source : Daily Express [Read Article] Sunday 5th of February 2017 12:01:00 AM
....Founder of personal finance website MoneyToTheMasses. com Damien Fahy says there is no question that stocks and shares beat cash over the long term: “The Barclays Equity Gilt study, which goes back more than a century, shows that the average annual return for shares is 5. ...
UK chancellor rules out cutting stake in RBS after £3.1bn US hit image
Source : Guardian [Read Article] Thursday 26th of January 2017 07:14:10 AM
....8bn) from Deutsche Bank and Credit Suisse over the same scandal. McEwan would not comment on suggestions that the US penalty represented a transfer of wealth from the UK across the Atlantic or entertain any discussion about following the route taken by Barclays to refuse to settle with the justice department. ...
RBS braced for multi-billion-pound settlement for loan-misselling scandal image
Source : Guardian [Read Article] Wednesday 25th of January 2017 09:20:18 PM
Broker-charge comparison website can save the average investor thousands of pounds image
....The site allows you to compare the cost of investing in a tax-free individual savings account (Isa), self-invested personal pension (Sipp) or standard trading account. It covers a range of brokers, including AJ Bell, Alliance Trust, Barclays, Bestinvest, Halifax, Hargreaves Lansdown, HSBC, Interactive Investor, Selftrade, TD Direct, The Share Centre and Willis Owen. ...
‘Barclays took my £440,000 and put me through hell’ image
Source : Guardian [Read Article] Sunday 22nd of January 2017 07:00:23 AM
....Last September Mohammad Rahman won a four-year battle for compensation for disabilities caused by clinical negligence. A court awarded him £500,000, which was paid into the current and savings accounts he held with Barclays. ...
Seeing red when Green Motion took £2,500 for a refuelling ‘mix-up’ image
Source : Guardian [Read Article] Sunday 22nd of January 2017 07:00:23 AM
.... It was signed in and accepted by Green Motion. More than two months later, however, £2,495 was taken from my Barclays current account because Green Motion claimed I had misfuelled the car. ...
UK retail sales slump in December as inflation bites image
Source : Guardian [Read Article] Friday 20th of January 2017 11:05:00 AM
....Industry experts said December’s drop in sales should be seen in the context of a boost in November from Black Friday discount events. “Although the December figures were down on November, it would be a mistake to focus too heavily on a monthly drop in sales,” said Ian Gilmartin, head of retail and wholesale at Barclays. ...
Is the City of London going to hell in a Brexit handcart? image
Source : Guardian [Read Article] Thursday 19th of January 2017 07:41:32 PM
.... Meanwhile, Goldman Sachs is stalling on its plan to expand in London. On the other hand, here’s Jes Staley, chief executive of Barclays, breathing easily: “I don’t believe that the financial centre of Europe will leave the City of London. ...
Can a $26m-a-year fund manager really rethink executive pay? image
Source : Guardian [Read Article] Tuesday 17th of January 2017 07:00:32 AM
.... BlackRock floated in New York four years later and, apart from taking a dive during the 2008 financial crisis, its share price has been on an upward trajectory ever since. A series of deals followed, notably including with Merrill Lynch over its fund management arm in 2006, and later the acquisition of Barclays’ fund management arm in the depths of the financial crisis. ...
Robotics, Trump and Brexit turn up the heat amid the snow of Davos image
Source : Guardian [Read Article] Saturday 14th of January 2017 03:59:30 PM
....On Friday, chancellor Phillip Hammond will outline his vision for the UK-EU relationship, and its implications for investment and migration. Barclays chief executive Jes Staley will give his views, amid fears that the City could lose tens of thousands of jobs. ...
‘I thought I’d bought my first home, but I lost £67,000 in a conveyancing scam’ image
.... His offer on the flat was accepted in April 2016 and, on the recommendation of his mortgage adviser, he appointed the Sethi Partnership as his conveyancing solicitors. On 29 September he transferred £45,000 from his Barclays account to his solicitor’s legitimate bank account at HSBC. ...
US charges three foreign exchange traders image
Source : BBC [Read Article] Tuesday 10th of January 2017 11:28:46 PM
....The three are Richard Usher, Rohan Ramchandani and Chris Ashton,. They worked at, respectively, the banks JP Morgan, Citigroup and Barclays. ...

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