Barclays, Absa Miss First Deadlines On African Asset Transaction
Absa Group Ltd. (ASA), the South African bank buying the bulk of Barclays Plc (BARC)’s African assets, said the…
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Barclays
Barclays Plans To Expand In Egypt As French Banks Retreat
Barclays Plc (BARC) plans to add branches in Egypt this year as Britain’s second-biggest bank by assets seeks to…
EU Offers Banks Chance To Cut Fines In Rate-Fixing Probe: Sources
The European Commission wants to conclude its investigation into the fixing of lending benchmarks Euribor and Libor…
Barclays To Axe 3,700 Jobs In Strategic Overhaul
Barclays is to axe at least 3,700 jobs and prune its investment bank under a restructuring plan launched by its new…
UK Authorities Probe Barclays Over Qatar Loan: FT
British authorities are looking into an allegation that Barclays loaned Qatar money to invest in the bank as part…
Barclays Senior Staff ‘Linked’ To Libor Affair
A lawyer in a case involving the Libor rigging scandal has said evidence links senior Barclays staff to the affair.…
Analysis: Egypt’s Currency Crisis Hinges on Household Dollars
The key to preventing a messy devaluation of Egypt's pound may lie with the country's households, whose dollar…
Barclays Says $470 Million FERC Penalty Won’t Stand In Court
Barclays Plc (BARC) said the U.S. Federal Energy Regulatory Commission’s record $470 million in proposed penalties…
Barclays Bet Lives Up To Rich Billing For Qatar
A massive bet on Barclays is living up to its rich billing for Qatar. The complex 3.4 billion pound investment in…
Barclays To Boost Absa Stake In $2.1 Bln Transaction
Barclays Plc. (BARC), the second-largest U.K. bank, said it will increase its stake in Absa Group Ltd. (ASA) to…