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Dec. 9 (Bloomberg) -- Absa Capital , the investment banking unit of Barclays Plc’s Absa Group Ltd. , is hiring bankers from Citigroup Inc., Credit Suisse AG and Merrill Lynch & Co. as it builds an equities trading business to expand its services.
Dec. 9 (Bloomberg) -- Barclays Plc , sued three times last month over an alleged “secret” $5 billion windfall profit from its purchase of Lehman Brothers Holdings Inc.
Dec. 8 (Bloomberg) -- Telemar Norte Leste SA and Vivo Participacoes SA fell the most in five weeks after Barclays Plc reiterated a “negative view” on Brazil’s telephone industry as competition increases and profitability remains “poor.”
Dec. 8 (Bloomberg) -- Telemar Norte Leste SA and Vivo Participacoes SA led a drop in Brazilian telephone stocks after Barclays Plc reiterated a “negative view” on the industry as competition increases and profitability remains “poor.”
Dec. 8 (Bloomberg) -- Vivo Participacoes SA and other Brazilian phone companies are trading at “hard to justify” valuations as competition is poised to increase and profitability remains “poor,” Barclays Plc said.
Dec. 8 (Bloomberg) -- Barclays Plc President Robert Diamond said plans to impose a windfall tax on bankers’ bonuses are unwarranted, and that the U.K. risks regulatory missteps that would put London at a competitive disadvantage.
Dec. 8 (Bloomberg) -- Creditors of bankrupt Lehman Brothers Holdings Inc. objected to Barclays Plc ’s request for sale- related documents, saying the bank isn’t entitled to confidential communications between creditors and their lawyers.
Dec. 9 (Bloomberg) -- The Securities & Exchange Board of India ordered Barclays Bank Plc not to issue or transact in new offshore derivative instruments until the company satisfies the regulator that it has adequate systems and controls in place.
Barclays Bank PLC is expanding its exchange traded notes platform into Canada, with seven iPath ETNs set to be cross-listed on the Toronto Stock Exchange, the company announced on Wednesday.
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NEW YORK----Barclays Bank PLC announces the launch of its iPath Exchange Traded Notes platform in Canada with the cross-listing of seven iPath® ETNs on Toronto Stock Exchange. The iPath ETNs are linked to equity volatility, currencies and the CBOE S&P 500 BuyWrite strategy.
Market watchdog Securities and Exchange Board of India (Sebi) today banned the leading English bank Barclays from issuing offshore derivative instruments following its failure to provide "true and accurate picture of transactions" as required by the regulations.
Motorists using a busy Leyland car park got a nasty shock when five cars were clamped in just 15 minutes.
Masked robbers held up a Crystal Palace bank at gunpoint on Friday.
As Africa's financial system was not highly integrated with America's or Europe's, it was not so heavily impacted by the global financial crisis.
The Hanover Insurance Group, Inc. announced today that its board of directors has authorized a $100 million increase to the company's existing share repurchase program.
