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Stock Market & Financial Investment News

News Breaks
January 14, 2013
06:11 EDTBCSBarclays CEO may to be grilled over PPI loan scandal, Daily Mail reports
Barclays (BCS) CEO Antony Jenkins faces being summoned as a witness by the Parliamentary Commission on Banking Standards over the multi-billion pound PPI loan scandal, the Daily Mail reports. Reference Link
News For BCS From The Last 14 Days
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August 20, 2014
17:14 EDTBCSBarclays settles Thornburg Mortgage lawsuit, WSJ says
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August 14, 2014
06:18 EDTBCSNASDAQ, CME Group eyes Barclays index division, Bloomberg says
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August 13, 2014
13:35 EDTBCSBarclays index division eyed by Bloomberg, Markit, WSJ says
Barclay's fixed-income index division is being eyed by both Bloomberg and Markit as a potential acquisition, according to The Wall Street Journal, citing people familiar with the matter. The sources said that the offers being discussed are falling around $1B and other possible bidders are still keeping tabs on the talks. Reference Link
06:31 EDTBCSAnalyst says Barclays up against $2B in crime expenses, Bloomberg says
Sanford C. Bernstein analyst Chirantan Barua said that Barclays is up against expenses worth as much as $2B for supposedly fixing currency markets, being untruthful to customers about its U.S. dark pool trading and mis-selling interest-rate swaps, according to Bloomberg, citing comments from Barua. Barua said that the firm could finalize settlements by the end of the year. Reference Link

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