Search Results for: Barclays

ASIC accepts enforceable undertaking from Barclays entities

March 23rd, 2017 (0)
Yesterday, ASIC accepted an enforceable undertaking (EU) from three Barclays foreign financial service providers (FFSPs): Barclays Capital Inc. (BCI) domiciled in the United States of America Barclays Capital Asia Limited (BCAL) domiciled in Hong Kong, and Barclays Capital Securities Limited ...

Former director at Barclays gets prison in a U.S.

January 12th, 2017 (0)
A former director at Barclays Plc was sentenced on Wednesday to five months in a U.S. prison for repeatedly tipping off a friend who worked as a plumber to impending mergers underway at the bank so that the friend ...

Barclays Bank sued for mortgage securities fraud

December 24th, 2016 (0)
The United States Department of Justice today filed a civil complaint in the Eastern District of New York against Barclays Bank PLC and several of its United States affiliates (together, Barclays), alleging that Barclays engaged in a fraudulent scheme ...

Barclays announces completion of sale

November 28th, 2016 (0)
Barclays has completed the sale of its Wealth and Investment Management (WIM) business in Singapore and Hong Kong to Bank of Singapore Limited, the wholly-owned private banking subsidiary of Oversea-Chinese Banking Corporation Limited (OCBC). Barclays WIM in Singapore and ...

Barclays’s 25% London Office Space Cut Signals Glut Threat

November 2nd, 2016 (0)
Space being cut in London is equivalent of about 5,000 desks Tenants are getting upper hand in rental talks, Jefferies says Barclays Plc’s decision to cut 25 percent of its London office space highlights the growing risk that tenants will ...

Barclays Bank is the most complaint about firm according to FCA

October 11th, 2016 (0)
Financial services firms recorded a 2.6% reduction in new complaints between January and June 2016 compared to the previous six months, according to new complaints data published today by the Financial Conduct Authority. The total number of complaints was ...

Barclays to sell its Retail and Corporate Banking business in Egypt

October 5th, 2016 (0)
Barclays has agreed to sell its Retail and Corporate Banking business in Egypt to Attijariwafa Bank S.A. The transaction is estimated to result in a proforma Common Equity Tier 1 (CET1) ratio benefit of c.10bps on completion, in part ...

CFTC Orders United Kingdom-Based Barclays Bank PLC to Pay $500,000

September 23rd, 2016 (0)
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Barclays Bank PLC (Barclays) for failing to create, maintain, and promptly produce required confirmations for a significant number of Exchange for Related Position (EFRP) trades in ...

Barclays reaches $100M Libor settlement

August 9th, 2016 (0)
Barclays Bank PLC (BCS) has agreed to pay $100 million to settle allegations that its manipulation of a global financial benchmark defrauded government entities and non-profit groups across the U.S. Announced Monday, the settlement includes $93.35 million for restitution to victimized groups that agree to opt in and issue releases ...

Barclays fined $1.3 Million for failures and violations

August 4th, 2016 (0)
The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Barclays Capital Inc. $1.3 million for systemic Order Audit Trail System (OATS) reporting violations and related supervisory failures. FINRA rules require firms to transmit to OATS complete ...
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