Search Results for: Barclays PLC
China Manufacturing Gauge Falls as Slowdown Deepens
March 24th, 2014
China’s manufacturing industry weakened for a fifth straight month, according to a preliminary measure for March released today, deepening concern the nation will miss its 7.5 percent growth target this year. The Purchasing Managers’ Index from HSBC Holdings Plc ...
Londongrad Dealmakers Threatened by Sanctions
March 18th, 2014
Russian companies have made $180 billion in deals globally in the past two years, providing steady profits to London bankers, lawyers, and image crafters as the city has become a hub for such transactions. Sanctions being imposed by the ...
Carney Faces Leadership Test as Currency Scandal Snares BOE
March 10th, 2014
Bank of England Governor Mark Carney will face his toughest public testimony to date as he seeks to defend the integrity of an institution that’s become embroiled in the currency-manipulation scandal. Lawmakers will grill Carney tomorrow after the BOE ...
LSEG to acquire leading providers of fixed income indices
June 1st, 2017
LSEG to acquire The Yield Book and Citi Fixed Income Indices from Citi, including the World Government Bond Index (WGBI), for total cash consideration of $685 million (£535 million) subject to customary adjustments The Yield Book and Citi Fixed ...
Citibank N.A. settles for being part of forex trading cartel
February 21st, 2017
Today, the Competition Commission has filed with the Competition Tribunal a settlement agreement reached with Citibank N.A. for being part of the forex trading cartel. The Commission found that from at least 2007, Citibank N.A. and its competitors had ...
Three traders were charged with conspiring in forex rigging probe
January 11th, 2017
The U.S. Justice Department on Tuesday brought charges against three former traders at JPMorgan Chase & Co, Citigroup Inc and Barclays Plc arising from a global probe into the manipulation of foreign exchange rates at major banks. Richard Usher, ...
Moody’s downgrades outlook on 12 UK banks following UK vote to leave the EU
June 29th, 2016
Moody’s Investors Service has today changed the outlooks on the ratings of 12 UK banks and building societies. Simultaneously, the rating agency has changed the outlook on the UK banking system to negative from stable. The actions follow a ...
Overall complaints fell by 1.4%, driven by a reduction in complaints related to current accounts and savings accounts. PPI complaints rise
March 31st, 2016
Financial services firms received 2.11 million new complaints between July and December 2015, according to new complaints data published today by the Financial Conduct Authority. Overall, there was a decrease of 1.4% in the number of complaints compared to ...
Deutsche Bank Shares Drop Again as European Banks Get Pummeled
February 9th, 2016
Investors are concerned about ability to navigate volatile markets Deutsche Bank AG’s shares dropped almost 10% on Monday as the battered European banking sector was hit by a fresh selloff amid investor concerns about lenders’ capital buffers and ability to ...
Tim Cartledge to join EBS BrokerTec as Chief Strategy Officer
November 17th, 2015
Joins as member of EBS BrokerTec Executive Management Team and ICAP Global Executive Management Group EBS BrokerTec, ICAP‘s market-leading electronic foreign exchange (FX) and fixed income business, announces today that Tim Cartledge has been appointed Chief Strategy Officer, effective ...
