Barclays Stories
Barclays' Techstars Is Quietly Building A Fintech Empire
Barclays, one of London’s oldest banks, is diversifying through a global startup accelerator and building the world's biggest fintech network.
Mobile Banking Apps Now Let You 'Turn Off' Debit Cards To Fight Fraud
More and more mobile banking apps are allowing users to remotely disable their debit and credit cards to combat fraud, from Barclays to Bank of America.
iPhone 8 Rumors: Apple Will Reportedly Include True Tone Displays For 2017's iPhone Lineup
iPhone 8 and two other LCD models will reportedly come with True Tone display, report says.
iPhone 8 Release Date Rumors: Apple Will Launch 10th Anniversary Phone In September In Limited Quantities
Apple will release the iPhone 8 in September and will launch in limited quantities, analysts say.
Tanduay Rum Celebrates Official Partnership With Brooklyn Nets And Barclays Center With Exclusive Party At 40/40 Club & Restaurant: Diddy, Offset, Cardi B And More
“Biggie Night” kicked off the Brooklyn Nets and Barclays Center partnership with Tanduay Rum.
Brexit: Moody’s Lowers Outlook For 12 UK Banks Including HSBC, Barclays
Eight banks, including Barclays and HSBC, were downgraded to negative from stable after the U.K. voted to leave the EU last week.
BlackRock Agrees To Sell Singapore Office Tower To Qatar Fund For $2.5B
Asia Square Tower 1, located in the city-state’s financial district, has over 1.25 million square feet of net rentable area and has Citigroup Inc. as its anchor tenant.
China’s ICBC Standard Bank Buys Giant Precious Metals Vault In London From Barclays
The purchase, to be finalized in July, would bring the Chinese lender closer to London's lucrative bullion market that handles roughly $5 trillion in transactions every year.
Barclays (BARC) Raises Nearly $900M Through African Business Stake Sale
The British lender said Thursday it has raised $873 million by selling a 12.2 percent stake in the Barclays Africa Group.
Barclays (BARC) Q1 Profit Misses Forecast; Drops 25% On Weakness In Investment Banking Division
The drop in pretax profit and smaller-than-expected 13 percent fall in revenue was largely due to weakness in Barclays' investment banking division.
Measly Bonus: Barlcays Ex-Trader Would Have Made Just $172 In Alleged Libor Rate-Rigging Lawyer Defending Him Says
A man accused of fixing a global financial lending benchmark had little financial incentive to do so, his lawyer claims.
Barclays (BARC) To Reduce Stake In Africa Business After Reporting Drop In Full-Year Profit
The British banking giant reported a 2 percent drop in full-year profit and announced that it would gradually reduce its 62.3 percent stake in Barclays Africa Group Ltd.
Apple iPhone 7 Rumors: Stereo Speakers, Noise Cancelation Headphones Expected
Rumors suggest that the iPhone 7 will come with secondary speaker and noise cancellation headphones.
Video: How Sick Are Europe’s Banks?
Deutsche Bank shares have recovered some ground after hitting 30-year lows. But concern about the health of Europe’s banks is growing.
Barclays (BCS), Credit Suisse (CS) Reach Record Deals With New York And SEC Over Dark Pools
The two financial institutions are expected to fork over a total of $154.3 million to U.S. federal and state regulators to resolve matters associated with dark pools.
Barclays Closes Some Asia Operations, Cuts 1,000 Jobs: Reports
Major U.S. and European banks are looking for ways to improve margins amid falling revenues and tough market conditions.
UK Banks: British Financial Regulator May Allow Commission Payments Again
The head of Britain’s Financial Conduct Authority denies the agency is going soft on banks.
Barclays Fined Over $108M For Failing To Minimize Financial Crime Risk
The Financial Conduct Authority said the bank failed to minimize the risk of financial crimes while arranging and executing a $2.8 billion deal.
Emerging Markets Stocks Expected To Surge, Say Barclays Analysts
The growth will be led largely by China, analysts say.
Barclays Names Ex-JPMorgan Banker James ‘Jes’ Staley As New CEO
The British bank names James Staley, a former JPMorgan Chase executive, as its new leader amid a lackluster performance and vagueness about its future structure.
Tidal X 1020 Concert Review: Beyonce, Nicki Minaj Highlight A Weirdly Successful Event For Jay Z’s Streaming Service
For many Tidal subscribers who attended Tuesday’s concert in Brooklyn, the star-packed event did exactly what it needed to do.
Tidal X Free Live Stream: How To Watch The Concert Featuring Jay-Z, Beyonce, Nicki Minaj, Lil Wayne And More
Fans can watch the concert for free even if they are not Tidal subscribers.
Barclays Reaches $325M Settlement With National Credit Union Agency Over US Mortgage Claims
The National Credit Union Agency has sued several companies over securities sold to credit unions that failed during the financial crisis.
Jeb Bush Criticized 'Ridiculous' Wall Street Payouts; Now Is Backed By Big Banks
As Florida governor, Bush looked for ways to rein in executives’ “excessive pay.”
SEC Probe of Jeb Bush's Old Firm May Have Intensified: Report
An SEC probe of Rayonier, a firm which had Jeb Bush on its board, may be far more serious than the company has acknowledged.
Jeb Bush Energy Plan Most Benefits His Top Donors
A number of the biggest donors to Jeb Bush’s campaign and to his super political action committee, Right to Rise, would benefit significantly from his proposed energy plan.
Swiss Watchdog Opens Bank Probe Into Precious Metal Collusion
Switzerland's WEKO watchdog said its investigation, the result of a preliminary probe, was looking at whether UBS, Julius Baer, Deutsche Bank, HSBC, Barclays, Morgan Stanley and Mitsui conspired to set bid/ask spreads.
Regulators Expand Probe Into $12.7 Trillion US Treasury Market: FT
New York's top financial watchdog joined an inquiry into potential wrongdoing into U.S. Treasurys, the world's most actively traded market.
FIFA Soccer Corruption Scandal: US Inspecting Major Banks In Relation To Money Laundering Issues
U.S. officials are investigating banks for alleged money laundering related to a FIFA bribery scandal.
Barclays To Cut Over 30,000 Jobs In Bid To Restructure: Reports
The move is likely to target mid-level and back-end staff to achieve maximum savings, according to reports.