Barclays

Barclays bank sets £500m aside for forex probes

"A £500-million provision has been recognised relating to ongoing investigations into foreign exchange with certain regulatory authorities," the London-listed lender revealed in a statement.

Oct 30, 2014, 16:35 PM IST

Barclays sued by Saudi developer for $10 billion

A Saudi real estate company has sued Barclays for $10 billion, claiming the bank ceased pursuing lease payments due from the Saudi government on military complexes in the kingdom in order to obtain a lucrative banking license there.

Oct 30, 2014, 03:32 AM IST

Gas price to dent RIL, but EPS, ROCE may still double: Barclays

liance Industries will get 33 percent higher gas price of USD 5.61 per mmBtu for output from MA field in the KG-D6 block, but its main D1&D3 fields will continue to get old rate of USD 4.2.

Oct 21, 2014, 18:26 PM IST

Barclays in $20 mn class-action Libor settlement

British bank Barclays agreed to pay $20 million to settle a class-action suit from investors who lost money in the Libor interest rate-rigging conspiracy, according to a US court filing.

Oct 10, 2014, 00:11 AM IST

Indian pharma cos should tap Latin American markets: Barclays

Indian pharmaceutical companies need to focus on the Latin American markets namely Brazil and Mexico, British brokerage firm Barclays has said.

Oct 09, 2014, 21:31 PM IST

Barclays, Citigroup, HSBC and others may face record fines over currency rigging: Report

Barclays, Citigroup, HSBC, JPMorgan Chase, the Royal Bank of Scotland and UBS have begun meetings with the Financial Conduct Authority (FCA) to agree a settlement, and fines may amount to over one billion pounds ($1.6 billion, 1.3 billion euros), the FT reported, citing sources close to the situation.

Sep 27, 2014, 03:58 AM IST

CaixaBank to buy Barclays Spain operations

Barclays said it had also completed the sale of its United Arab Emirates retail banking bisiness to Abu Dhabi Islamic Bank for £119 million ($197 million, 150 million euros.

Sep 01, 2014, 07:50 AM IST

Indian equities outshine global indices, 27% returns on BSE-100

Indian equities have outperformed most global indices this calendar year so far with the BSE-100 Index giving 27 percent return as compared to MSCI emerging markets at 6 percent and MSCI World at 2 percent, says British brokerage firm Barclays.

Aug 28, 2014, 18:40 PM IST

Indian equities outshine global indices, 27% returns on BSE-100

Aug 28, 2014, 18:01 PM IST

Coal scam: SC decision likely to create overhang, says Barclays

The Supreme Court's decision that all coal blocks allocated during 1993 to 2010 by the government have been allocated illegally and arbitrarily, is likely to create overhang in the sector, according to a report.

Aug 26, 2014, 23:07 PM IST

WPI inflation to average 5.4% in FY15: Barclays

The WPI inflation is likely to average around 5.4 percent and CPI to average between 7.0-7.5 percent during FY 14-15, says a Barclays research report.

Aug 17, 2014, 20:51 PM IST

Barclays launches mobile-based remittances service

To tap into growing remittances between England and India, British lender Barclays has launched a special mobile payment service between the two nations, which allows even non-Barclays customers to transfer money with ease.

Aug 10, 2014, 19:57 PM IST

Bajaj Auto gains after Barclays upgrade

Demand for two-wheelers in India will accelerate to 12 and 12.3 percent for FY15 and FY16 as macro factors improve along with new launches, it says.

Aug 05, 2014, 10:52 AM IST

Barclays, Deutsche Bank in US tax scheme: Senate report

Two of Europe`s largest banks, Barclays and Deutsche Bank, have sold complex financial products that allowed hedge funds to avoid US taxes, a Senate report said Tuesday.

Jul 22, 2014, 22:01 PM IST

Want euros in London? Don’t ask your bank

The exchange rates on the board are not even the best ones Sakthi and his colleagues give bigger or regular clients.

Jul 07, 2014, 16:17 PM IST

Barclays India FY'14 Net at Rs 382 cr net profit

The Business sentiment has improved of late and the bank is already experiencing a meaningful pick up in transaction activity.

Jul 03, 2014, 18:29 PM IST

Mining, resources are Modi government's priorities: Barclays

Clarity on mining regulations and auction of mineral resources, besides tackling fuel security are top priorities of the Modi government, global banking and financial services company Barclays said in a report Wednesday.

Jul 02, 2014, 23:39 PM IST

Budget may focus on tax reforms, lower subsidies: Barclays

The Narendra Modi government is expected to propose a pro-growth budget focused on tax reforms, lower subsidies and asset sales, global financial services company Barclays said here.

Jun 30, 2014, 21:43 PM IST