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Stock Market & Financial Investment News

News Breaks
December 7, 2012
07:25 EDTBCSFormer FSA CEO Hector Sants considers Barclays role, the Telegraph says
A report from last night explained that Hector Sants, the former CEO of the Financial Services Authority, could be looking at taking a senior leadership position at Barclays (BCS), reports the Telegraph. Reference Link
News For BCS From The Last 14 Days
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April 22, 2014
10:35 EDTBCSBarclays to exit 'majority' of commodities business, Bloomberg reports
Barclays confirmed plans to exit most of its commodities businesses, though it will continue to trade in precious metals, financial oil, U.S. financial gas and index products, reported Bloomberg, citing an e-mailed statement from the company."This decision is in line with Barclays's stated objective to actively evaluate and manage our businesses, ensuring they meet strict economic and strategic criteria within the new regulatory environment," the bank stated, adding that it sees no material impact to its financial results from the reduction.
08:00 EDTBCSBoE to simulate cyber attacks on banks, FT reports
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07:24 EDTBCSSourceMedia to hold a forum
26th Annual Card Forum & Expo is being held in Orlando on April 22-25.
06:28 EDTBCSBarclays to exit parts of commodities business, NY Times says
British bank Barclays plans to announce later today that it will "get out of large parts of its commodities business," according to The New York Times, which cited an unnamed source. The bank intends to eliminate some jobs, the newspaper added. Reference Link
April 15, 2014
07:11 EDTBCSBarclays still deciding what to do with investment bank, WSJ reports
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06:58 EDTBCSBarclays appoints Gillies as non-executive director
Barclays announced that Crawford Gillies has been appointed as a non-executive director of Barclays and will become a member of the board remuneration committee with effect from May 1. The company said, "It is intended that Crawford Gillies will succeed Sir John Sunderland as chairman of the board remuneration committee at a date to be agreed, consistent with ensuring a smooth transition."
April 9, 2014
07:23 EDTBCSBarclays relocates more suburban Singapore staff to city, Bloomberg says
Barclays is relocating more employees to an office in Singapore’s central business district from the suburbs to reduce expenses, according to Bloomberg, citing people familiar with the matter. Reference Link

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