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Stock Market & Financial Investment News

News Breaks
April 30, 2014
08:00 EDTBCSBarclays aims to appoint Bommensath to oversee 'bad bank,' Bloomberg says
Barclays aims to move its commodities unit into a so-called bad bank of unwanted assets and divisions to be overseen by Eric Bommensath, according to Bloomberg, citing a person familiar with the plan. Reference Link
News For BCS From The Last 14 Days
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October 9, 2015
10:22 EDTBCSBarclays may name Gerry Grimstone non-executive director, Sky News says
Barclays is in talks with Gerry Grimstone, a former privatization adviser to Margaret Thatcher, to name him a non-executive director, Sky News reports. Grimstone would be the bank's deputy chairman and senior independent director should the plan actually happen, the report says. Reference Link
09:28 EDTBCSBarclays appoints Ben Davey investment bank CSO, Bloomberg says
Barclays has named Ben Davey chief strategy officer of the investment bank in London, Bloomberg reports, citing an internal memo. Davey will join the Investment Bank Executive Committee and report to securities unit CEO Tom King, the report says. Most recently, Davey served as head of the financial institutions group for banking in Europe, the Middle East, and Africa, the report says. Reference Link
October 8, 2015
07:25 EDTBCSRosenblatt to hold a conference
8th Annual Global Exchange Leader Conference is being held in New York on October 8.
October 7, 2015
10:58 EDTBCSBarclays to launch Apple Pay support in UK in early 2016
Barclays (BCS) plans to launch Apple (AAPL) Pay support in the UK in early 2016, reports Mac Rumors. In an email to customer Mike Jobson, Barclays CEO of Personal and Corporate Banking Ashok Vaswani said, "We have signed up for ApplePay and will launch it very early in the New Year. We truly value your custom and hope that you continue to bank with us particularly since we are launching this shortly." Reference Link
October 5, 2015
07:19 EDTBCSOpen Mobile Media to hold a summit
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October 1, 2015
19:10 EDTBCSJPMorgan to pay $595M in credit-default swap suit, Bloomberg says
JPMorgan (JPM) is set to pay $595M to settle allegations that major banks as well as Markit (MRKT) colluded to control information in the credit-default swaps market, reports Bloomberg, citing people briefed on the matter. Morgan Stanley (MS), Barclays (BCS), and Goldman Sachs (GS) will pay a respective $230M, $175M, and $164M, sources told Bloomberg. Reference Link
07:28 EDTBCSSEC Commissioner calls for increased transparency for dark pools, Reuters says
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September 29, 2015
17:50 EDTBCSBarclays to exit Bmarkets business, Reuters says
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September 28, 2015
07:14 EDTBCSBarclays could sell parts of investment banking unit in Brazil, Sky News reports
Barclays is examining a sale of parts of its investment banking business in Brazil, Sky News reports. According to sources, discussions with prospective buyers of the Barclays assets are currently at a "preliminary" stage. Reference Link
06:20 EDTBCSCOMCO probing UBS, Julius Baer for metals market price fixing, AFP reports
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