World news about “Barclays” published by euronews.
Barclays axes 3,700 jobs Barclays is cutting at least 3,700 jobs as part of its revival plan, with many of those in Europe. New Chief Executive Antony Jenkins, who is trying to… 12/02/2013
Barclays to announce huge cost cutsBritish bank Barclays is reportedly to cut 2,000 jobs from its investment banking business. New boss Antony Jenkins is set to unveil plans to slash annual… 11/02/2013
Is Qatar’s interest in Europe fading? Not yet, Qatar Holding, the Emirate’s sovereign wealth fund, has decided to cash in 379 million unit warrants (debt convertible to stocks) in Barclays. The… 26/11/2012
Barclays faces fresh US investigations Further legal problems for Barclays. After its reputation was damaged by the Libor interest rate rigging scandal, the British bank is now being… 31/10/2012
Barclays buys ING Direct As promised last summer by its new CEO, Barclays is beefing-up its retail banking business. Britain’s second bank agreed to buy ING Direct UK, the… 09/10/2012
Barclay’s African growth plans Barclays is planning to speed up its expansion in Africa by merging with its South-African subsidiary Absa. Together, the two banks have 14 million… 21/08/2012
Libor scandal prompts overhaul by UK regulator Britain’s financial regulator has launched plans to overhaul Libor, the process used to determine inter-bank interest rates. Libor’s credibility was… 10/08/2012
Rate-fixing bankers should face criminal charges, EU says Rate-fixing bankers should be treated as criminals, the European Commission said on Wednesday. That is the view of the EU’s executive amid public anger over… 25/07/2012
More banks to pay dear for Libor fixing The Financial Times is reporting that as well as Barclays, another 11 global banks will be implicated in the Libor scandal. And according to analysts at… 13/07/2012
Barclays’ Diamond waves millions in pay-off Barclays ex-Chief Executive Bob Diamond has waived his bonus this year as well as various share and other awards totalling up to 25 million euros. The… 10/07/2012
Libor scandal probes spread Britain’s anti-fraud investigators are to look into the Libor interest rate-rigging scandal. The Serious Fraud Office probe comes after Barclays chief… 06/07/2012
Bank trust shredded in Britain Public perception that banking practices are inherently dishonest may make the Barclays Libor scandal in Britain a tipping point away from the traditional… 04/07/2012
Business gone – Barclays to blame? One person with little reason to trust banks is British businessman Mike Lloyd, part owner of a group running 12 pubs in southern England. He says Barclays… 04/07/2012
UK bank scandal spreads, gets costlier Royal Bank of Scotland is reportedly set to be fined 186 million euros for the same Libor interbank interest rate rigging scandal that has hammered… 29/06/2012
Barclays Libor scandal first of many The Barclays interbank rate manipulation case has sent fresh shockwaves through the European banking industry and could cost lenders dear. For details on… 28/06/2012
Fraud squad to probe Libor manipulation The British government has called in the fraud squad to investigate possible crimes and will tighten laws over attempts to manipulate interbank lending… 28/06/2012
Barclays cuts bonuses but still faces protests Announcing sharply lower profits at its investment banking division, Britain’s Barclays said it was cutting the total of bonuses it is paying to its… 10/02/2012
S&P cuts US and Europeans bank ratings Standard and Poors has cut its crediting rating for 15 big banks, mainly in Europe and the United States. The downgrade is a result of an overhaul of its… 30/11/2011
Barclays’ profit up, bad loans down Good news from Barclays which saw its third quarter profit rise by five percent. There were gains in retail banking and from its credit card division while… 31/10/2011
Diamond before UK parliament over Barclays Libor scandalEx-chief executive of Barclays Bank Bob Diamond is appearing in front of a UK parliament committee to answer questions about the bank’s role in rigging… 04/07/2012
Diamond loses sheen and quits BarclaysBob Diamond, the Chief Executive of Barclays Bank, has resigned. The 60-year-old American had faced an orchestrated call for his head in the wake of the… 03/07/2012
Barclays chairman quits – other banks face probeBarclays chairman Marcus Agius was tight-lipped and in sombre mood as he left his London home and refused to answer questions following his resignation from… 02/07/2012
