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Stock Market & Financial Investment News

News Breaks
July 30, 2013
05:44 EDTBCSBarclays reports 1H pretax profit 3.59B pounds vs. 4.34B pounds last year
Reports Core Tier 1 ratio increased to 11.1%. The bank said adjusted profit excluded an additional 1.35B pound charge in respect of PPI redress and an additional 650M pounds for Interest Rate Hedging Products. This takes the total provision Barclays has made for both issues to 5.45B pounds, of which almost 3B pounds is unspent.
News For BCS From The Last 14 Days
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July 31, 2015
08:52 EDTBCSBarclays laying off 150 investment bank employees, Reuters reports
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July 29, 2015
05:51 EDTBCSBarclays reports Q2 adjusted profit before tax GBP 1.85B vs. GBP1.66B last year
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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

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