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Stock Market & Financial Investment News

News Breaks
February 18, 2014
05:45 EDTBCS, IAPLYU.K. files charges against former Barclays bankers in Libor probe, WSJ reports
The U.K.'s Serious Fraud Office filed criminal charges against three former Barclays (BCS) bank traders for alleged fraud, reports the Wall Street Journal. The traders were charged with with conspiracy to defraud for their alleged roles rigging the London interbank offered rate, or Libor. The agency is likely to next file charges against three former ICAP (IAPLY) brokers for allegedly helping bank traders manipulate rates, sources say.Reference Link
News For BCS;IAPLY From The Last 14 Days
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July 23, 2015
10:00 EDTBCSBarclays in talks to sell Portuguese banking unit, Bloomberg reports
Barclays is in advanced discussions with a Spanish bidder to sell its Portuguese banking unit, Bloomberg reports, citing people with knowledge of the plan. The sale would exclude Barclays' Portuguese credit-card business, the report says. Interested parties may include Bankinter, the report says. Reference Link
08:37 EDTBCSBarclays announces strategic partnership with Elkhorn Capital
Barclays announced a strategic partnership with Illinois-based investment firm Elkhorn Capital Group. The partnership is designed to extend Barclays’ product availability by bringing together its extensive experience in creating distinctive investment concepts with Elkhorn’s independent product expertise. The partnership will allow Barclays and Elkhorn to collaborate in offering clients access to additional products based on Barclays’ strategies.
July 22, 2015
06:15 EDTBCSBarclays close to SFO settlement over Qatar bribes, Daily Mail reports
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July 21, 2015
06:08 EDTBCSU.K. watchdog visited Barclays 186 times in 2014, Bloomberg reports
The FCA's supervisory team made 186 visits to Barclays (BCS) in 2014, more than any other British bank that year, Bloomberg reports. HSBC (HSBC) was next highest with 85 visits, with RBS (RBS) and Lloyds (LYG) following with 65 and 58 encounters, respectively, the report says. Reference Link
July 20, 2015
06:24 EDTBCSBarclays has no new target for layoffs, Reuters reports
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July 19, 2015
17:32 EDTBCSBarclays to cut 30,000 jobs in two years, The Times says
Barclays plan to cut 30,000 jobs within two years as it considers accelerating its cost-cutting program, reports The Times, citing senior sources. Reference Link
July 16, 2015
18:37 EDTBCSFINRA fines Barclays $800,000 over data reporting errors, Reuters says
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July 15, 2015
07:44 EDTBCSBarclays' Rake to step down from board to join WorldPay, Bloomberg reports
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