Watchdog gets huge cache of 'significant' documents about Barclay's 2008...
LONDON — The Financial Conduct Authority (FCA) is delaying a verdict on its probe of Barclays' 2008 Qatari funding deal after the bank handed over a cache of "significant" documents to the...
View ArticleBarclays just named a new team at the top of a $2 billion business
Barclays has named a new leadership team for its capital markets unit. The bank announced last week that Joe McGrath will be the new global head of banking, and that John Miller will become the head of...
View ArticleBarclays is stepping up its email security after CEO Jes Staley fell for a hoax
Barclays activated a new email security step for all staff, a source told Business Insider, after its CEO Jes Staley was tricked into an email exchange with someone pretending to be the bank's...
View ArticleTHE BOTTOM LINE: Don’t worry about a tech bubble — worry about 1 million...
This week:The tech sell-off of last Friday that continued into the beginning of this week left many people wondering if we are looking at the beginning of another tech bubble burst. Henry Blodget looks...
View ArticleBarclays strategist: We could lose another 1 million jobs in retail as the...
Barclays strategist Ryan Preclaw explains some of his recent research on how much right-sizing needs to be done in traditional retail. Preclaw estimates that brick and mortar retail capacity needs to...
View ArticleBarclays and former CEO John Varley face criminal charges over Qatar capital...
LONDON — The Serious Fraud Office charged Barclays and four former executives with "conspiracy to commit fraud" and with receiving "unlawful financial assistance" after a probe into a 2008 capital...
View ArticleBarclays' share price shrugs off Serious Fraud Office charges
LONDON — Shares in Barclays opened only slightly lower on Tuesday after the UK's Serious Fraud Office announced criminal charges against the bank and four former executives.Former Barclays CEO John...
View ArticleHere's what banks have said about whether their jobs will be leaving the UK...
In the year since the UK voted for Brexit, one of the hot topics for discussion in the City has been job moves.In February, Brussels think tank Bruegel estimated that 10,000 UK banking positions could...
View ArticleBarclays UK CEO on cyber security: 'Our vigilance is as high as it can be'
COPENHAGEN, Denmark — The CEO of Barclays UK says the bank is working "very, very closely with the government" to guard against cyber attacks, amid a recent ratcheting up of suspected state-sponsored...
View ArticleThe 18 most profitable banks in the UK
In the years since the financial crisis, Britain's banks have slimmed down massively, shedding staff and spending much less money as greater scrutiny from both the public and regulators puts their...
View ArticleWe just got the first sign of the long-promised Brexit jobs miracle:...
LONDON — Total job vacancies grew in June as the number of available workers shrank due to EU citizens leaving the UK, according to Barclays analyst Paul Checketts and his team. That pushed up salaries...
View ArticleThe iPhone 8's biggest change will not be a 'must have' feature, analysts say...
Apple is expected to launch a redesigned iPhone this fall with a screen that covers nearly the entire front of the phone.The iPhone 8, as some analysts call it, will use a new kind of screen technology...
View ArticleBarclays clients could be charged £350,000 a year for something they...
LONDON — Clients of Barclays could have to pay as much as £350,000 ($455,000) for the bank's highest level of equity analysis once new rules banning the free sharing of research come into force under...
View ArticleAlphabet had a massive quarter, and everyone thinks the stock is going well...
It was another huge quarter for Google's parent company Alphabet.With over $26 billion in revenue, that record-breaking $2.7 billion EU fine seemed like a drop in the bucket.But the stock still dipped...
View ArticleBarclays slides to £1.4 billion loss as PPI costs spike
LONDON – Barclays made an attributable loss of £1.4 billion in the second quarter, hit by increased PPI costs and losses resulting from the sale of its Africa unit.Revenue fell 15% to £5.06 billion,...
View ArticleSome of Europe's biggest banks reported their latest results on Friday —...
LONDON — It's Q2 earnings season for Europe's biggest banks.Over the course of the next week or so, lenders from all across the continent will give investors, clients, and the media an update of how...
View ArticleBarclays just hired a new global head of equities (BCS)
Barclays has hired Stephen Dainton, a former Credit Suisse executive, to be global head of equities.Dainton left Credit Suisse earlier this year, having previously run Credit Suisse's equities business...
View ArticleSiri now lets Barclays customers transfer money using only their voice
Apple's virtual assistant just got more useful thanks to Barclays, which has become the first high street bank in the UK to let customers use just their voice to transfer cash.iPhone users simply need...
View ArticleBarclays adds Siri P2P payments
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.Barclays now allows its UK mobile banking customers with iPhones to make...
View ArticleBriton accused of cyber attacks on Lloyds and Barclays is extradited from...
The alleged fraudster behind a series of cyber attacks against two of the UK's biggest high street banks has been extradited from Germany to face charges, according to the National Crime Agency...
View Article