Barclays boss Staley “may be running out of lives” amid Epstein probe
City regulators are examining CEO Jes Staley's explanations about his relationship with billionaire sex trafficker Jeffery Epstein
Company
Barclays PLC
LON:BARC
Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the USA, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs 147,000 people.
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Barclays says FCA investigating CEO Staley over Epstein links
The news came as the UK bank announced its final 2019 results, showing a profit before tax of £4.4bn
Barclays to be first big British bank to report since Brexit
Thursday brings results from Barclays and British Gas owner Centrica.
UK high street lenders pass BoE stress tests only if they slash dividends
Nationwide was the strongest performer in the latest round of tests, while Barclays came in last place as a result of risks connected to its credit card business
Barclays sets aside another £1.4bn for PPI; outlook for 2020 "more challenging"
Litigation and conduct charges have put a £1.68bn dent in year-to-date profits but that's an improvement on last year's £2.15bn
PPI still lingers over Britain’s banks ahead of Q3 results period
Analysts at Deutsche Bank said they will be keeping a close eye on the fallout from the misselling scandal, which has already cost some banks billions in compensation claims
Who's next on the FTSE chopping block?
Proactive speaks to market analysts about the bosses going down the recent FTSE slide
Barclays joins Lloyds, RBS and CYBG in announcing big hit from last-minute surge in PPI claims
Barclays still expects to meet its capital ratio target, implying that it has enough cash for the rest of the year to cover the cost of foreseeable dividends, according to Shore Capital.
Lloyds and RBS shares rise as PPI deadline nears
The banks will be glad to see the back of a scandal that is estimated to have cost them £40bn
Activist investor Edward Bramson still calling for overhaul of Barclays investment bank
“The investment manager’s present intention is to continue its dialogue with Barclays for as long as it appears to be appropriate to do so,” Sherborne Investors said
Archive
HSBC to cap off earnings season for UK's big-four banks
The week ahead includes interim results from HSBC, Standard Life Aberdeen and William Hill along with UK economic growth data
Archive
Last 'super Thursday' before Brexit as BoE, Shell and LSE updates eyed
On 1 August, other half-year updates include British American Tobacco, Barclays, Standard Chartered and Capita
Investments and investor services
FTSE 100 closes lower but BP top gainer after Q2 results beat expectations
The FTSE 100 index closed 39.84 points lower on the day at 7,646, while the midcap FTSE 250 index plunged almost 112 points to close at 19,774
Archive
Week ahead preview: Lloyds, Barclays, RBS, BT Group, BoE and US Fed
It will be a busy week for markets with a barrage of corporate earnings and interest rates decisions from the Bank of England and the US Federal Reserve.
Lloyds Banking hit by JPMorgan downgrade due to 'rising chances' of no-deal Brexit
JPMorgan analysts downgraded their rating on Lloyds to ‘neutral’ and cut the share price target
Where it all went wrong for Deutsche Bank
The bank is massively scaling down its investment banking division as part of a restructuring, however with its chequered past some could have seen this coming
Barclays becomes Europe's only major investment bank as Deutsche retreats
The German bank's plans to close down its equities trading arm will leave Barclays as the only European bank in the so-called 'bulge bracket' of heavyweight multi-national financiers
Lloyds offers cheapest mortgage rates in UK banking, Jefferies survey reveals
Jefferies said RBS is its top pick among UK-focused banks
FTSE 100 dividend payments set for new record in 2019 despite recent cuts from M&S and Vodafone
AJ Bell’s Dividend Dashboard shows that payments from London’s 100 biggest companies is expected to total £91.2bn this year
Lloyds freezes 8,000 offshore customer accounts amid regulatory clampdown on money laundering
Global banks have come under increasing pressure to meet tighter rules on financial crime