Wednesday, 15 August 2018

Tag Archives: Barclays

Barclays Bank charged over Qatar financial loan

Britain’s Serious Fraud Office charged a unit of Barclays yesterday over alleged fraud linked to emergency fundraising from Qatar during the financial crisis a decade ago, the bank said. The announcement follows a decision by the SFO in June last year to charge Barclays PLC, or the unit’s parent group, ...

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Barclays Shares Slump

LONDON:  Barclays PLC Thursday announced an increase in third-quarter net profit, helped by a fall in conduct and operating costs. The British bank said revenue in the quarter was down 5% to GBP5.17 billion ($6.9 billion) compared to a year ago, as bond trading revenues slumped. Net-profit rose to GBP583 ...

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Barclays: Dublin might become European HQ

LONDON: Barclays has admitted it “may add some people in Dublin” if its London base loses single market access post-Brexit. The confirmation comes one month on from a Bloomberg that the bank had started scouting the Irish capital for office space in early 2017 and had been in discussion with regulators ...

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Barclays: London will still be the ‘financial lungs’ of Europe

LONDON: The City of London will still be the ‘financial lungs’ of Europe after Brexit, Barclays chief executive Jes Staley has said. In separate remarks, the bank’s chairman John McFarlane also said the UK government supported a three year transition deal on the Brexit deal. The Barclays chiefs were both ...

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RBS, Barclays and other banks fined in Swiss franc Libor case

LONDON: Royal Bank of Scotland and Barclays are among banks hit with SFr99m (£78m) of fines by the Swiss competition regulator for operating four separate cartels, as the international fallout from the Libor rate-rigging scandal spreads. The two British lenders were hit with a combined £37m in fines, while HSBC, ...

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Barclays launches CONTACTLESS ATMs

LONDON: The ATMs have initially been piloted in the north of England before being rolled out to 600 machines across Britain by the end of January next year. Customers will be able to take out up to £100 at the in-branch cash machines, which is faster and more secure than ...

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