Barclays Plc

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.

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.

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.

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

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

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

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

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.

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.

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...