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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
Not yet, Qatar Holding, the Emirate’s sovereign wealth fund, has decided to cash in 379 million unit warrants (debt convertible to stocks) in
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
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
The Barclays interbank rate manipulation case has sent fresh shockwaves through the European banking industry and could cost lenders dear.