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Stock Market & Financial Investment News

News Breaks
February 11, 2014
06:21 EDTBCSBarclays to cut up to 12,000 jobs this year, BBC News reports
Barclays will cut up to 12,000 jobs this year in a move to cut costs, BBC News reports. Between 10,000 and 12,000 jobs will be cut this year, including 7,000 in the U.K. Barclays also announced that it has increased the total bonus pool for 2013 by 10% to GBP2.38B, up from GBP2.17B in 2012. Reference Link
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August 27, 2015
07:57 EDTBCSPlatts to hold a conference
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06:13 EDTBCSJudge throws out HFT suit against Barclays, exchanges, FT reports
A U.S. judge has dismissed investor lawsuits against Barclays and certain U.S. exchanges alleging that the bank rigged its "dark pool" trading venue in favor of high-frequency traders, the Financial Times reports. The judge ruled that the plaintiffs did not claim any actions meeting the definition of "manipulative acts," the report says. Reference Link
August 18, 2015
06:45 EDTBCSNine banks agree to $2B settlement for currency market rigging, FT says
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