Search Results for: Barclays Bank
Euro strength makes Europe a buying opportunity for investors, Barclays says
September 7th, 2017
A recent correction in European stocks due to the strength of the euro is a buying opportunity for investors, according to a new report from Barclays. Five percent decline in European stocks driven by the 10 percent appreciation in ...
Several big banks are teaming up for a new digital currency
August 31st, 2017
Six of the world’s biggest banks have joined a project to create a new digital currency, the Financial Times reported Thursday. The crytocurrency will be used for clearing and settling transactions over blockchain. Barclays, Credit Suisse, Canadian Imperial Bank ...
Barclays and former executives charged with fraud conspiracy
July 3rd, 2017
Ex-CEO John Varley, Roger Jenkins among four men charged Charges relate to Barclays’s 2008 capital raising with Qatar Barclays Plc and four former executives will appear in a London court for the first time Monday to face allegations they ...
Barclays spoke to regulators about bringing bitcoin ‘into play’
June 26th, 2017
Barclays U.K. CEO Ashok Vaswani told CNBC that the bank has spoken to regulators about cryptocurrencies like bitcoin. Vaswani did not reveal the content of the discussions with Britain’s Financial Conduct Authority (FCA), but said it involved talking about ...
SFO charges Barclays and four individuals with conspiracy to commit fraud
June 20th, 2017
The Serious Fraud Office (SFO) has today charged Barclays Plc and four individuals with conspiracy to commit fraud and the provision of unlawful financial assistance contrary to the Companies Act 1985. The charges relate to Barclays Plc’s capital raising ...
Deutsche Bank will pay $170 million to settle an investor lawsuit about Euribor
June 13th, 2017
Deutsche Bank AG (DBKGn.DE) will pay $170 million to settle an investor lawsuit claiming it conspired with other banks to manipulate the benchmark European Interbank Offered Rate and related derivatives. A preliminary settlement was filed on Monday with the ...
Standard Chartered Bank Announces Intent to Join Thomson Reuters KYC Managed Service for Africa
May 17th, 2017
Standard Chartered Bank today announced its intent to join Thomson Reuters Org ID regional managed service solution for Know Your Customer (KYC) due diligence in South Africa. Standard Chartered Bank has made the decision to join the African KYC ...
Barclays opens Europe’s largest fintech site in London
May 3rd, 2017
Barclays has opened its new open innovation site, Rise London, in Shoreditch – hailed as Europe’s “largest co-working space dedicated to fintech”. Rise will be a place for start-ups, corporate clients and others to co-create new products, services and ...
Deutsche Bank: 4,000 jobs at risk of being moved out of UK after Brexit
April 27th, 2017
Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new regulations Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new ...
Investigations have commenced into Barclays and Group CEO
April 10th, 2017
Barclays PLC and Barclays Bank PLC (Barclays) announce that the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have commenced investigations into: · Jes Staley, Group Chief Executive Officer of Barclays, as to his individual conduct and senior ...
