Featured EU launches dual-tranche bond sale to raise €10b Aya El Sayed Oct 8, 2024 0 The European Union (EU) is launching a dual-tranche bond sale to raise up to €10 billion ($11 billion) as it seeks…
Money Swiss c. bank likely to cut rates Aya Anwar Mar 20, 2024 0 A small group of banks anticipate that Switzerland's policymakers will defy predictions and decrease interest…
Banks Visa to buy Visa Europe in deal worth as much as $23 billion Noha Gad Nov 3, 2015 0 Visa Inc (V.N) said on Monday it would buy former subsidiary Visa Europe Ltd for up to $23.3 billion in a deal that…
Banks Barclays in talks to sell parts of investment banking business in Brazil Yomna Yasser Sep 28, 2015 0 Barclays PLC (BARC.L) is in preliminary discussions with potential buyers to exit from parts of its investment…
Banks Stifel in Negotiations to buy Barclays’ U.S. Wealth Unit- Reuters Noha Gad May 30, 2015 0 Investment bank Stifel Financial Corp (SF.N) is in advanced negotiations to acquire Barclays Plc's (BARC.L) U.S…
World Banks Lift FTSE 100 to Second Day of Gains Yomna Yasser Jun 26, 2013 0 U.K.’s FTSE 100 index rose for a second straight day on Wednesday, with investors taking a cue from an upbeat…
Banks U.S. Probes Barclays Over Ties To Saudi Prince Administrator May 13, 2013 0 Barclays and a Saudi prince are at the center of a U.S. Department of Justice probe into whether the U.K. bank made…
Banks Barclays Pledges Better Regulator Relations In Review Response Administrator Apr 25, 2013 0 Barclays Plc (BARC), hosting its annual meeting today, pledged to improve the U.K. bank’s relationship with…
Banks Barclays, Absa Miss First Deadlines On African Asset Transaction Administrator Apr 5, 2013 0 Absa Group Ltd. (ASA), the South African bank buying the bulk of Barclays Plc (BARC)’s African assets, said the…
Tech news Michael Dell Said To Consider Blackstone LBO Only With CEO Guarantee Salma Ayman Apr 2, 2013 0 Dell Inc. (DELL) founder Michael Dell will only consider backing a buyout by Blackstone Group LP (BX) if the…
Banks Barclays Plans To Expand In Egypt As French Banks Retreat Administrator Apr 2, 2013 0 Barclays Plc (BARC) plans to add branches in Egypt this year as Britain’s second-biggest bank by assets seeks to…
Banks Barclays To Boost Absa Stake In $2.1 Bln Transaction Administrator Dec 6, 2012 0 Barclays Plc. (BARC), the second-largest U.K. bank, said it will increase its stake in Absa Group Ltd. (ASA) to…
Banks Barclays Appoints Ex-BOE Official David Walker as Chairman Yomna Yasser Aug 10, 2012 0 Barclays Plc (BARC), the British bank fined a record for interest-rate manipulation named former Bank of England…
International News China Export Growth Slides as World Recovery Slows Yomna Yasser Aug 10, 2012 0 China’s export growth collapsed and imports and new yuan loans trailed estimates in July, adding to signs the…
Banks HSBC Apologizes for Compliance Failures Amwal Al Ghad English Jul 30, 2012 0 HSBC Holdings Plc (HSBA), the British bank accused of laundering money for Mexican drug lords, apologized to…
Banks Bank Regulators To Face Tough Questions Over HSBC Money Laundering Amwal Al Ghad English Jul 16, 2012 0 Current and former bank regulators are likely to face tough questions by a U.S. Senate panel Tuesday about their…
Banks HSBC To Apologize At Hearing On Money Laundering, Memo Shows Amwal Al Ghad English Jul 11, 2012 0 HSBC Holdings Plc (HSBA) will apologize at a July 17 U.S. Senate hearing for anti-money laundering controls that…
Banks Investor Sues Barclays On Euribor Manipulation Administrator Jul 7, 2012 0 Barclays Plc (BARC) was sued by an investor who claimed her futures-trading business was harmed by the bank’s…
Banks Barclays’ Diamond Blames Regulators Administrator Jul 5, 2012 0 Robert Diamond, who quit this week as chief executive officer of Barclays Plc (BARC), sought to blame other banks…
Banks Barclays’ CEO Steps Down, Chairman Returns Administrator Jul 3, 2012 0 Barclays PLC Chief Executive Bob Diamond resigned Tuesday in a surprise move that saw Marcus Agius return as…
Banks Barclays’ Absa Profit Drops Most In Four Years On Bad Debts Administrator Jun 26, 2012 0 Absa Group Ltd. (ASA), the South African bank controlled by Barclays Plc (BARC), dropped the most in almost four…
World Europe Shares Early Gains On Greek Election Fade Yomna Yasser Jun 18, 2012 0 European stock markets slashed gains in morning trade on Monday, as a relief rally following the Greek election…
Banks Barclays’ Absa To Buy Clothing Retailer Edcon Administrator Jun 6, 2012 0 Absa (ASAJ.J), the South African unit of Britain's Barclays Plc (BARC.L), will pay 10 billion rand to buy the…
World Banks Lifts Europe Shares Ahead of ECB Decision Yomna Yasser Jun 6, 2012 0 Banks lifted European stock markets on Wednesday, as investors awaited an interest rate decision from the European…
Banks Barclays To Sell $6.1 Billion Stake In BlackRock On Basel III Administrator May 21, 2012 0 Barclays Plc (BARC), the U.K.’s second- largest bank by assets, will sell its entire $6.1 billion stake in…
Banks Barclays Targets 25% Revenue Rise in MEA Region Administrator May 13, 2012 0 Barclays Plc, Britain’s second- biggest bank, is seeking to boost revenue from the Middle East and North Africa by…
World Europe Stocks Mostly Higher Amid Choppy Session Yomna Yasser May 9, 2012 0 European stock markets struggled for direction in a choppy session on Wednesday, with major banks pushing to move…
World Europe Shares Mostly Rebound as Banks Rise Yomna Yasser Apr 24, 2012 0 Most European stock markets climbed back into positive territory on Tuesday after steep losses the prior day, with…
Banks Barclays Tops FSA’s Most-Complained List Administrator Mar 28, 2012 0 Bank complaints in the U.K. rose 21 percent during the second half of last year, driven by an increase in insurance…