Barclays Plc

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Barclays Plc - Total results - 17
Standard Chartered suffers senior private banker exits in Asia amid growing earnings pressure
Business

Standard Chartered suffers senior private banker exits in Asia amid growing earnings pressure

Standard Chartered is bulking up for a bigger share of the Middle East market at a time when others are also expanding to tap the growing client base.

Barclays not exploring potential merger with rival banks including Standard Chartered, say sources
Business

Barclays not exploring potential merger with rival banks including Standard Chartered, say sources

Barclays Plc is not exploring a merger with other banks, sources said, dismissing a report that said Barclays was considering a deal with Standard Chartered

Uber and Barclays are teaming up to offer a 'reward-enriched credit card' in the United States
News & Analysis

Uber and Barclays are teaming up to offer a 'reward-enriched credit card' in the United States

Uber and bank officials said on Wednesday the card will be free and offer a $100 starting bonus, plus an annual $50 credit on digital subscription services.

To boost enterprise unit, Symantec to buy Blue Coat for $4.7 billion
News & Analysis

To boost enterprise unit, Symantec to buy Blue Coat for $4.7 billion

Technology security firm Symantec Corp said it would buy privately held cyber security company Blue Coat for $4.65 billion in a cash deal that will ramp up Symantec's enterprise security business.

RBI allows foreign banks to buy private banks: What you need to know
Business

RBI allows foreign banks to buy private banks: What you need to know

Is Governor Raghuram Rajan bringing about a transition in the conservative RBI? His swift moves may seem so.

Verizon, Vodafone boards set to vote on $130 billion wireless deal
News & Analysis

Verizon, Vodafone boards set to vote on $130 billion wireless deal

The boards of Verizon Communications and Vodafone Group Plc are expected to vote this weekend on a $130 billion deal, funded by about $65 billion of debt...

Verizon Comm, Vodafone to vote on $130 billion deal on Verizon Wireless ownership
Tech

Verizon Comm, Vodafone to vote on $130 billion deal on Verizon Wireless ownership

The boards of Verizon Communications and Vodafone Group Plc are expected to vote this weekend on a $130 billion deal, funded by about $65 billion of debt, to give the U.S. telecom giant complete ownership of Verizon Wireless, people familiar with the matter said on Saturday.

Verizon Comm, Vodafone to vote on $130 billion deal on Verizon Wireless ownership
News & Analysis

Verizon Comm, Vodafone to vote on $130 billion deal on Verizon Wireless ownership

The boards of Verizon Communications and Vodafone Group Plc are expected to vote this weekend on a $130 billion deal, funded by about $65 billion of debt, to give the U.S. telecom giant complete ownership of Verizon Wireless, people familiar with the matter said on Saturday.

Kodak strikes post-bankruptcy loan deal with banks
News & Analysis

Kodak strikes post-bankruptcy loan deal with banks

Eastman Kodak Co said on Thursday that it had reached a $895 million financing deal with three Wall Street banks that will help fund its rebirth...

Barclays appoints retail head Antony Jenkins as new CEO
Business

Barclays appoints retail head Antony Jenkins as new CEO

The bank announced Thursday that Antony Jenkins would fill the post vacated by the resignation of Bob Diamond in the wake of a scandal over attempting to manipulate a key interest rate index.

Libor probe: Fired Barclays swaps trader draws scrutiny
Business

Libor probe: Fired Barclays swaps trader draws scrutiny

Reich, now a portfolio manager with New York-based hedge fund WCG Management, was dismissed from Barclays for allegedly sending inappropriate emails seeking internal bank information

Moody's downgrades Barclays after top deck exits
Business

Moody's downgrades Barclays after top deck exits

After two high profile exits at banking major Barclays, Moody's has downgraded debt rating outlook to negative from stable, citing the resignations of senior executives.

Barclays chairman takes onus for Libor scandal, calls it quits
Business

Barclays chairman takes onus for Libor scandal, calls it quits

Barclays chairman Marcus Agius quit on Monday after the interest rate rigging scandal. Agius, said that it was a devastating blow to the reputation of the bank.

Linking of bonuses to co performance challenge for banks
Business

Linking of bonuses to co performance challenge for banks

Post the 2007-2009 economic crisis believed to have led by banks, the G20 approved a principle which dissuades banks from giving bonuses to excessive risk-takers. A new study finds that banks are failing to comply with this.

Why Infosys needs to reward its shareholders
Investing

Why Infosys needs to reward its shareholders

There are approximately 14 companies that are sitting on cash excess of more than Rs 2,000 crore, of which five companies are government owned.

S&P downgrades top US banks, financial stocks hit
Economy

S&P downgrades top US banks, financial stocks hit

However, two China banks- Bank of China and China Construction Bank were upgraded by Standard & Poor's after the ratings firm revised its criteria.

Analysts upbeat on Infosys after Q2 results
Investing

Analysts upbeat on Infosys after Q2 results

Infosys reported a 11 percent jump in its profit, which cheered investors and lifted the company's shares by 6 percent.