|
|
News Breaks | | | | February 27, 2013 | | 10:59 EDT |  | BCS | Barclays to cut, claw back $890M in bonuses over scandals, Reuters says
Barclays (BCS) will cut or claw back about $680M in bonuses over the Libor scandal and around another $212M will be taken back over issues like mis-selling payment protection insurance and misinforming buyers of interest rate swaps, according to Reuters, citing a person close to the matter. Reference Link | |
|
News For BCS From The Last 14 Days Check below for free stories on BCS the last two weeks. |
|
|
| 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 | |
|
|
|
|
|
|
