Barclays

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Ex Barclays staff guilty of libor rigging

Three former Barclays traders have been found guilty by a London jury of conspiring to fraudulently manipulate global benchmark interest rates in a stark warning to junior bankers and a major victory for Britain’s...

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Barclays weathers tough start to year

Barclays has cheered investors with signs of resilience in its revamped business model and Spain’s Banco Santander , the euro zone’s biggest bank, beat analysts forecasts. But as Hayley Platt reports, both results still...

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Barclays’ exit puts focus on Africa

Barclays says its decision to sell off its African operations doesn’t relate to economic sentiment, but as Sara Hemrajani reports, many analysts and economists are raising concerns about the continent’s prospects. Barclays’ exit puts...

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Barclays Africa unit moves to allay fears

Barclays Africa Group Limited (BAGL) says it is committed to the continent after an earlier announcement by its British parent to gradually reduce its majority stake in the unit. Barclays announced early Tuesday its...

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Why is Barclays exiting Africa?

Barclays Plc is to sell its Africa business and become a ‘transatlantic’ bank focused on the United States and the UK. As Sonia Legg reports, it’s a bid to simplify the group and boost...

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Barclays set for another fine?

Barclays will reportedly pay at least another $100 million in a settlement with the New York financial regulator to resolve allegations that it rigged foreign exchange markets. As Sara Hemrajani reports, it could mean...

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Barclays close to naming Staley CEO

British bank Barclays is close to naming former JPMorgan Chase banker Jes Staley as chief executive. As Tim Graham reports it signals a renewed focus on an investment banking division that has been pared...

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Barclays to speed up cost cuts

Barclays has set aside another 850 million pounds ($1.3 billion) to compensate UK customers, as its new chairman seeks to stamp his mark on the bank with plans to accelerate the sale of assets...

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Greece, Barclays, OCI in stocks focus

European shares edge towards new six-week highs, Greece fears receding as the country’s banks re-open. OCI merger talk dominates, but reports of massive new job cut targets at Barclays are played down. Grace Pascoe...