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Showing 171 - 180 of 368 results for %22Barclays%22

Investment banking scale down: Barclays

BEN COLLINS  |  MONDAY, 3 SEP 2012
British bank Barclays may scale down its investment banking arm, after new chief executive Antony Jenkins said new regulations would "make some activities in investment banking difficult to make an adequate return on." He said profits would be hit by ...

Barclays announces new CEO amid new investigation

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
Barclays has named head of retail and business banking Anthony Jenkins new chief executive, just one day after the announcement the Serious Fraud Office (SFO) had launched an investigation into a 2008 deal with Qatar's sovereign wealth fund. Jenkins ...

Instreet launches structured product

LINDA HAUSKEN  |  MONDAY, 16 JUL 2012
... designed to perform in subdued markets. George Lucas managing director at Instreet said it provides a three-year exposure to Barclays ComBATS VOLT 5.0% Excess Return Index. "What makes this product different is the low breakeven of 2% over the three-year ...

Corporate bonds stagnant in Australia

LINDA HAUSKEN  |  THURSDAY, 12 JUL 2012
... said they still need to be aware of the sector's risks. Corporate and securitised bonds comprise $55bn or 10% of the Barclays Capital Australian Aggregate Bond Index. Tim Haywood, investment director business-unit head for fixed income at GAM said that ...

Market Wrap

AAP  |  WEDNESDAY, 4 JUL 2012
... cent) to 12,943.44. European stocks and the euro rose on prospects that central banks would act to boost economies, while Barclays shares jumped after its chief executive resigned amid an interest rate rigging scandal. London's benchmark FTSE 100 index ...

Barclays chief resigns

MELANIE TIMBRELL  |  WEDNESDAY, 4 JUL 2012
Barclays chief executive Bob Diamond has resigned after coming under fire from both politicians and regulators in the wake of the Libor interest rate fixing scandal. In stepping down, Diamond said the "external pressure placed on Barclays has reached ...

Market Wrap

AAP  |  WEDNESDAY, 4 JUL 2012
... 2,976.08. LONDON - European stocks and the euro rose on prospects that central banks would act to boost economies, while Barclays shares jumped after its chief executive resigned amid a rate rigging scandal. European markets were also helped higher by ...

UK launches bank probe amid Libor scandal

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
... parliamentary inquiry into the British banking sector in the wake of a rate fixing scandal that has already claimed the scalp of Barclays chairman Marcus Agius. A bipartisan committee will hear evidence under oath with full access to documents and people ...

Market Wrap - Morning

AAP  |  TUESDAY, 3 JUL 2012
... week's surprise EU deal was underpinned by anticipation of an ECB rate cut, analysts say. Focus was also on the banks, as Barclays chairman Marcus Agius paid the price of "devastating" damage to the lender, resigning over the rigging of key global interest ...

Barclays fined $A451 million

BEN COLLINS  |  THURSDAY, 28 JUN 2012
UK bank Barclays will pay a record $A451 million in fines after it was found to have mislead authorities about the interest rate it was paying to borrow money from other banks. Barclays chief executive Bob Diamond said that in view of this, he and other ...