Barclays plans to cut more than 30,000 jobs within two years after firing chief executive Antony Jenkins this month, The Times reported on Sunday.
This redundancy program, which could reduce the bank's global workforce below 1
Barclays may not pick its next chief executive until early next year, potentially leaving new chairman John McFarlane in charge for at least eight months.
McFarlane fired Antony Jenkins as chief executive on Wednesday (July 8) and
Mergers and acquisitions (M&A) worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share.
UBS will pay $545 million to US authorities to end an investigation into alleged manipulation of currency rates, a settlement that will help the Swiss bank to move on after a series of trading scandals.
The amount was lower than e
UK-based Invapay, a payment technology company has teamed up with Barclays, an international financial services provider, have launched a new payment service in the UAE.
The new solution ePayment – Purchase and Pay opens up
The US Supreme Court on Monday allowed Barclays Plc to claim about $4 billion of disputed assets as part of its hurried purchase of much of Lehman Brothers Holdings Inc's brokerage unit at the height of the 2008 financial crisis.
GIB Emerging Markets Opportunities Fund, the flagship hedge fund of GIB (UK), has appointed Barclays Bank to provide additional prime brokerage services to the fund.
GIB UK is a subsidiary of Bahrain-based Gulf International Bank
Britain's anti-fraud agency has asked former Barclays executives to give evidence as part of an investigation into undisclosed payments the bank made to Qatari investors in 2008, the Financial Times reported, citing sources.
Barclays is launching a finger scanner for corporate clients and will roll out voice recognition for millions of retail clients next year as it steps up use of biometric recognition technology to combat banking fraud.
Abu Dhabi Islamic Bank (ADIB) said it has formally completed the purchase of Barclays’ UAE retail banking business from the British lender.
As per the new deal, ADIB and Barclays will now work closely to ensure the seamless