Barclays positive on economic prospects in India

Barclays also highlighted bank recapitalisation.

UK bank Barclays names ex JP Morgan banker as new boss

Troubled British bank Barclays on Wednesday announced the appointment of former JP Morgan investment banker James Staley as its new chief executive.

Barclays sees uptick Q2 growth on govt spending

The GDP growth is likely to strengthen, largely driven by an uptick in public spending. Moreover, consumption trends are also expected to remain "generally supportive", Barclays said in a research note.

Barclays trims December Nifty target to 9,642

According to Barclays latest report, Indian earnings have now remained stuck in single-digit growth territory for the past three years.

Brian Harman fires pair of aces at Barclays
Brian Harman fires pair of aces at Barclays

Brian Harman fired not one but two holes-in-one on Sunday in the final round of the Barclays, just the third time in US PGA Tour history a player has aced two holes in one round.

Jason Day powers to victory in the Barclays
Jason Day powers to victory in the Barclays

Jason Day romped to a six-stroke victory in the Barclays on Sunday, firing an eight-under par 62 to seize the lead in the US PGA Tour`s FedEx Cup playoff chase.

Barclays must face US class action over Libor
Barclays must face US class action over Libor

Barclays Plc shareholders who accused the British bank in a lawsuit of inflating its stock price by manipulating the interest rate known as Libor may pursue their case as a class action, a U.S. judge ruled on Thursday.

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.

Barclays profits jump 45% awaiting new CEO

Barclays increased net profits by 43 percent in the first half as cost-cutting and higher revenue offset provisions for settling a series of scandals, the troubled British bank announced Wednesday.

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.

Barclays investment bank in firing line despite change at top

Any investment bankers hoping for an easier ride at British bank Barclays after Chief Executive Antony Jenkins was ousted last week may be in for a surprise.

Barclays axes CEO Jenkins to accelerate strategic change

British lender Barclays has ousted Chief Executive Antony Jenkins after three years in the post, saying on Wednesday it had decided new blood would help accelerate strategic change at the bank and boost shareholder returns.

RIL, HDFC Bank, DRL in Barclays' global stock picks

Reliance Industries Ltd (RIL), HDFC Bank and Dr Reddy's Laboratories are the only three Indian firms to figure in Barclays' top 111 stock picks from across the world for 2015.

Major banks admit guilt in forex probe, fined $6 bn

Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and six banks were fined a total of nearly $6 billion in a settlement that substantially ends a global probe into misconduct in the $5-trillion-a-day market.

Forex rigging settlements now seen next week

Five major banks are expected to settle with US and British authorities next week for their role in rigging the foreign exchange market, a source told AFP Tuesday.

Barclays launches 100 million pound fund for fast growth UK tech firms

Barclays launched a new 100 million pound ($154 million) fund on Friday to lend cash to fast growing British technology firms who may not want to sell an equity stake.

Barclays bank warns forex charge could top £2 billion

Scandal-hit bank Barclays warned Wednesday that fines over its alleged role in foreign exchange market rigging could top £2.0 billion ($3.1 billion, 2.8 billion euros), after posting plunging first-quarter net profits.

Barclays bank Q1 profits halve, takes new forex charge

Net profit or earnings after taxation sank 52 percent to £465 million in the three months to the end of March compared with a year earlier, Barclays said in a results statement.

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.

Oil dips on high supply, prices set to remain volatile

Oil prices dipped in early Asian trading on Wednesday as high production and stocks continued to undermine markets, and analysts said a rebound in prices this year remained fragile, with volatility set to persist.