Barclays Bank

Fraud charges: Ex-Barclays CEO appears in court

Accused over fraud charges, former Barclays chief executive John Varley appeared in a London court on Monday. It is the first time a boss of a global bank has faced charges arising from the 2008 financial crisis.

Jul 03, 2017, 23:00 PM IST
World's first ATM machine turns to gold on 50th birthday

World's first ATM machine turns to gold on 50th birthday

The first ATM was opened on June 27, 1967 at a branch of Barclays bank in Enfield, north London, the first of six cash dispensers commissioned by the bank.

Jun 27, 2017, 16:18 PM IST
Barclays not interested to operate as WOS: CEO Khanna

Barclays not interested to operate as WOS: CEO Khanna

British lender Barclays Plc Wednesday said it does not have any plans to operate as an wholly-owned subsidiary (WOS) in India, saying there are costs associated with it and the benefits which can accrue to an entity of its size do not make it a feasible model.

Jun 15, 2016, 20:39 PM IST
Barclays sells Italian branches to Mediobanca at a loss of $298.52 mn

Barclays sells Italian branches to Mediobanca at a loss of $298.52 mn

Barclays is to sell its Italian bank branches to CheBanca!, the retail arm of Mediobanca, and take a 200 million pound ($298.52 million) loss on the deal.

Dec 03, 2015, 17:33 PM IST

Britain fines Barclays 72 million pounds over 'elephant' deal

The Financial Conduct Authority said Barclays rushed through a huge 1.88-billion pounds transaction in order to secure fees from a number of very rich customers.

Nov 26, 2015, 23:44 PM IST

Barclays to speed up cost-cuts after new mis-selling hit

Barclays` new executive chairman sought to stamp his mark on the bank on Wednesday by accelerating the sale of assets and cost cutting, after the group reported an 12 percent rise in profit and another big charge to compensate customers.

Jul 29, 2015, 17:43 PM IST

Barclays plans to cut more than 30,000 jobs: Report

These job cuts are likely to affect staff at middle and back office operations, where largest savings are achieved, the Times said.

Jul 20, 2015, 08:29 AM IST
EPL to ditch sponsor from 2016-17 season

EPL to ditch sponsor from 2016-17 season

The English Premier League will not have a title sponsor from the 2016-17 season, the organisation revealed on Thursday.

Jun 05, 2015, 03:00 AM IST

US, Britain fine six top banks nearly $6 bn for forex, Libor abuses

The far-flung settlement included guilty pleas from Barclays Bank, JPMorgan Chase, Citicorp and the Royal Bank of Scotland for conspiring to manipulate the massive currency market, as well as a guilty plea from Switzerland`s UBS, for violating a prior settlement of Libor charges.

May 20, 2015, 21:13 PM IST

Barclays takes extra $1.2 billion hit for potential forex settlements

Barclays said it had now set aside 2.05 billion pounds ($3.2 billion) to cover any settlement, after the extra provision to reflect "developments with certain authorities" since it last reported in March.

Apr 29, 2015, 13:27 PM IST

Barclays bank slides into annual net loss

Barclays reported a loss after tax of £174 million ($268 million, 239 million euros) for 2014 compared with a net profit of £540 million the previous year.

Mar 03, 2015, 13:29 PM IST

Kin of dead US soldiers sue 5 banks over Iran dealings

Families of US soldiers killed in Iraq and soldiers wounded there in attacks linked to Iran sued five European banks Monday, alleging their business with Iran helped finance the attacks.

Nov 11, 2014, 03:51 AM IST

Barclays bank fined almost 38 million pounds: Regulator

Britain`s financial watchdog on Tuesday said it had fined Barclays bank almost 38 million pound for putting client assets at risk, dealing a further blow to the troubled lender.

Sep 23, 2014, 16:05 PM IST

Barclays' Asia investment bank head steps down amid global shake-up

Barclays had hired Ginsburg from Morgan Stanley in 2009.

May 15, 2014, 13:50 PM IST

Barclays to wield axe after more woe at investment arm

Britain`s scandal-hit Barclays bank revealed on Tuesday that first-quarter profit almost halved at its embattled investment banking arm, where the group is set to axe jobs in a major shake-up.

May 06, 2014, 19:18 PM IST

Barclays says expects small fall in quarterly profit

Barclays, struggling to restore its damaged image, said on Thursday it expected to announce a small drop in quarterly pre-tax profits when it formally updates the market next month.

Apr 24, 2014, 19:27 PM IST

Barclays bank reports return to profit, and bigger bonuses

Scandal-hit Barclays bank returned to net profit in 2013 and said on Tuesday that staff will receive increased bonuses, a source of public anger against banks at the height of the financial crisis.

Feb 11, 2014, 13:52 PM IST

Eight held over $2 mn bank heist in London

At least eight people have been arrested in connection with a 1.3 million pounds (over $2 million) e-theft by a gang who took control of a Barclays Bank computer, BBC reported Friday.

Sep 21, 2013, 10:47 AM IST

CCI gives its consent to Kotak-Barclay deal

Barclays and Kotak had reached an agreement on the proposed deal in December, last year. Following this the entities had approached CCI for approval on January 2, 2013.

Jan 24, 2013, 20:20 PM IST

Essar Energy in pact with Barclays Bank

Essar Energy plc Wednesday said its subsidiary Essar Oil UK has entered into new arrangements with Barclays Bank plc covering the supply of crude oil to its Stanlow refinery in the UK.

Jul 25, 2012, 16:07 PM IST