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Barclays

Barclays Q1 profit falls 12% as mortgage competition, deals drought hit

Barclays Q1 profit falls 12% as mortgage competition, deals drought hit

Thu, Apr 25, 2024

Barclays is bidding to restore investor faith in its universal banking business model, after years of share price underperformance, clashes with activists over the role of its investment bank, and management turnover.

Barclays challenges ruling it 'retaliated' against whistleblower in India

Barclays challenges ruling it 'retaliated' against whistleblower in India

Mon, Oct 02, 2023

A hearing for Barclays' appeal to the Bombay High Court is listed for October 20, court records show.

British banking giant Barclays may slash hundreds of jobs: Report

British banking giant Barclays may slash hundreds of jobs: Report

Sun, Sep 10, 2023

In December 2022, the global investment advisory firm cut about 2% of its global workforce, or about 1,600 employees.

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Power Breakfast: Wall Street Ends Lower After Midterm Election, CPI In Focus; S&P 500, Nasdaq Down Over 2%

Power Breakfast: Wall Street Ends Lower After Midterm Election, CPI In Focus; S&P 500, Nasdaq Down Over 2%

Thu, Nov 10, 2022

The US markets fell by 2-2.5% after surging for three consecutive days. Dow Jones slipped 650 points and closed at the day's low. The Nasdaq fell by 2.5% and the S&P 500 index fell by 2%. Apart from META, Barclays, Citigroup also laid off people. Disney's stock lost 13% due to weak results. Today, the data of October inflation will be monitored. The inflation rate for October is estimated to be at 7.9%.

Q3 GDP Preview: Economy to record double-digit growth (10% y/y) in FY2021-22, anticipates Barclays India

Q3 GDP Preview: Economy to record double-digit growth (10% y/y) in FY2021-22, anticipates Barclays India

Tue, Nov 23, 2021

Barclays India says, "We anticipate the economy will record double-digit growth (10% y/y) in FY2021-22."

Barclays launches more than 100 Brexit 'clinics' for small businesses

Barclays launches more than 100 Brexit 'clinics' for small businesses

Tue, Feb 19, 2019

While Britain`s banks have so far reported few signs of businesses being unable to repay loans or otherwise struggling as Brexit looms, in recent weeks some have said uncertainty over access to European markets is stifling decision making.

Finally, a bank app that stops you from spending, helps save a lot of money!

Finally, a bank app that stops you from spending, helps save a lot of money!

Wed, Dec 19, 2018

How about a banking app that lets you pick where to spend and where not in advance?

Shock for Walmart in India? Is Flipkart domination over in India? Jeff Bezos' Amazon sees good days

Shock for Walmart in India? Is Flipkart domination over in India? Jeff Bezos' Amazon sees good days

Wed, Nov 28, 2018

Jeff Bezos Amazon has taken over the lead in India's e-commerce industry in gross merchandise value (GMV), or gross sales, segment.

26 companies want to collaborate with India Post Payments Bank

26 companies want to collaborate with India Post Payments Bank

Mon, Mar 27, 2017

They can accept demand deposits only that is savings and current accounts and will initially be restricted to holding a maximum balance of Rs 100,000 per individual customer.

Looking at becoming anchor clients in some fintech start-ups: Ram Gopal, Barclays India

Looking at becoming anchor clients in some fintech start-ups: Ram Gopal, Barclays India

Wed, Feb 22, 2017

Ram Gopal, Chief Operating Officer, Barclays India spoke regarding the Rise Accelerator, the 11 start-ups that they picked initially, investment into them and other plans ahead.

SoftBank willing to cede control of Sprint to entice T-Mobile: sources

SoftBank willing to cede control of Sprint to entice T-Mobile: sources

Sat, Feb 18, 2017

SoftBank has not yet approached Deutsche Telekom to discuss any deal because the U.S. Federal Communications Commission has imposed strict anti-collusion rules that ban discussions between rivals during an ongoing auction of airwaves.

Apple iPhone 8 may not have big impact on the company's smartphone business: Report

Wed, Jan 25, 2017

Media reports have said that Apple's launch of iPhone 8 is less likely to have any big impact on its smartphone business.

HSBC executive pleads not guilty in US over forex scheme

HSBC executive pleads not guilty in US over forex scheme

Mon, Aug 29, 2016

A senior HSBC Holdings Plc executive pleaded not guilty on Monday to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transaction by one of the bank's clients.

SBI named in Hall Of Shame list of Banks funding Cluster Bomb Makers

SBI named in Hall Of Shame list of Banks funding Cluster Bomb Makers

Thu, Jun 23, 2016

The State Bank of India (SBI) has defended financing a U.S. cluster bomb manufacturer, saying its investments were legal, after being put in a "Hall of Shame" along with several other major banks by a Dutch campaign group.

SBI named in a 'Hall of Shame' of banks funding cluster bomb makers

SBI named in a 'Hall of Shame' of banks funding cluster bomb makers

Sun, Jun 19, 2016

The maximum number of 74 banks are from the US, followed by China (29) and South Korea (26).

Revenues of world's 12 largest investment banks down 25% in Q1: Survey

Revenues of world's 12 largest investment banks down 25% in Q1: Survey

Tue, May 24, 2016

Investment banks have been hit by a steep decline in oil prices, near-zero interest rates and worries about China's economy, which triggered a wave of volatility in financial markets at the start of the year, normally the most lucrative period when investors put their money to work.

To invest Rs 800 crore in postal payments bank: Ravi Shankar Prasad

To invest Rs 800 crore in postal payments bank: Ravi Shankar Prasad

Mon, May 23, 2016

"We are going to start the postal payments bank by March 2017. Very soon we will go to the Cabinet and postal payments bank will become operational from March 2017," Prasad told reporters.

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