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News Breaks | | | | January 25, 2013 | | 06:10 EDT |  | BCS | Barclays forced to reveal staff identities in Libor case, Guardian reports
A high court judge has forced Barclays (BCS) to reveal the identities of over 100 employees who had been attempting to stay anonymous ahead of a cause involving the alleged rigging of the Libor rate, the Guardian reports. Reference Link | |
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News For BCS From The Last 14 Days Check below for free stories on BCS the last two weeks. |
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| May 20, 2013 | | 07:50 EDT | | BCS | Gulf wealth funds raise private equity investments, Reuters reports
Sovereign wealth funds in the Gulf Arab region are increasing their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco said in a new study, reports Reuters. Large sovereign funds have been looking for alternative investments to give better returns than low-yielding staples such as U.S. Treasuries.Reference Link | | | May 16, 2013 | | 12:32 EDT |  | BCS | EU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link | | | May 14, 2013 | | 05:44 EDT | | BCS | Banks work deals from both sides of the field, WSJ reports
 Subscribe for More Information | | | May 13, 2013 | | 18:06 EDT | | BCS | Barclays gets shareholder lawsuit over Libor thrown out, Reuters says
Subscribe for More Information | | | 06:49 EDT | | BCS | ECB member says negative deposit rates would help economy, Reuters says
Subscribe for More Information | | | May 7, 2013 | | 12:38 EDT | | BCS | Citigroup sues Barclays over Lehman losses, Reuters says
Subscribe for More Information | | | 06:01 EDT | | BCS | Antero Resources, controlled by Warburg Pincus, plans IPO, Reuters reports
Denver-based Oil and gas company Antero Resources, controlled by Warburg Pincus LLC, is preparing for an IPO that could value it at as much as $10B, sources say, reports Reuters. Antero hired Barclays (BCS), JP Morgan Chase (JPM) and Citigroup (C) to lead the deal, sources added. Reference Link | |
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