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Barclays

World news about “Barclays” published by euronews.

20/05 18:05 CET

Five global banks to pay €5 billion for rate rigging

Five global banks to pay €5 billion for rate rigging

Five of the world's biggest banks have been fined over 5 billion euros. Four of the banks: Citigroup, JP Morgan Chase, Royal Bank of Scotland and Barclays pleaded guilty to manipulating the foreign exchange market. The US Justice Department said traders at the banks described…

  • Five global banks fined €5-bln over rate rigging
    20/05 14:57 CET

    Five global banks fined €5-bln over rate rigging

    Five of the world's biggest banks will pay nearly five billion euros to US and British authorities for manipulating foreign exchange rates…

  • Sharp fall in Barclays Bank profits
    03/03 13:36 CET

    Sharp fall in Barclays Bank profits

    The CEO of Barclays Bank, Antony Jenkins, accepted his first bonus since taking office three years ago despite a "sharp drop in…

  • Barclays to announce huge cost cuts
    11/02 14:23 CET

    Barclays to announce huge cost cuts

    British bank Barclays is reportedly to cut 2,000 jobs from its investment banking business. New boss Antony Jenkins is set to unveil plans to…

  • Is Qatar’s interest in Europe fading?
    26/11 19:44 CET

    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 buys ING Direct
    09/10 18:48 CET

    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…

  • Barclay’s African growth plans
    21/08 18:47 CET

    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…

  • More banks to pay dear for Libor fixing
    13/07 14:17 CET

    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…

  • UK bank scandal spreads, gets costlier
    29/06 15:28 CET

    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…

  • Barclays Libor scandal first of many
    28/06 19:58 CET

    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…

  • Fraud squad to probe Libor manipulation
    28/06 19:58 CET

    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…

  • Barclays’ profit up, bad loans down
    31/10 14:41 CET

    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…