Barclays Ashok Vaswani, Barclays UK CEO. COPENHAGEN, Denmark — The CEO of Barclays UK says the bank is working “very, very closely with the government” to guard against cyber attacks, amid a recent ratcheting up of suspected state-sponsored attacks. Ashok Vaswani told Business Insider at the Money2020 Europe conference in Copenhagen this week: “For us, […]

Please enable Javascript to watch this video Barclays strategist Ryan Preclaw explains some of his recent research on how much right-sizing needs to be done in traditional retail. Preclaw expects to see a major department fail in the next 18 months and discusses what the future of retail will look like. Following is a transcript of the […]

LONDON — The Financial Conduct Authority (FCA) is delaying a verdict on its probe of Barclays’ 2008 Qatari funding deal after the bank handed over a cache of “significant” documents to the regulator. The Financial Times reports that Barclays has handed over thousands of documents that were recently discovered by its lawyers, Simmons & Simmons. […]

Reuters/Lucas Jackson LONDON — Jes Staley, CEO of Barclays, said that determining the future role of the City of London after Brexit will be long and difficult process, and warned of tough times ahead. Speaking on a panel alongside HSBC chairman Douglas Flint at the Prosperity UK conference in London on Wednesday, Staley told an […]

LONDON – Years of low interest rates have created a surge in demand for property and a corresponding hike in prices across much of Europe.  Property bubbles, or “vulnerable” real estate markets, have built up in eight countries, which received warnings from the European Central Bank’s systemic risk board last November. According to Barclays credit analysts, […]

Reuters A delegate from an ethnic minority group uses binoculars during the second plenary session of the National People’s Congress (NPC) in Beijing March 9, 2009. REUTERS/China Daily (CHINA POLITICS SOCIETY) CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA Money is flowing out of China again. Spurred on by a strengthening dollar and weakening […]

The US is seeking a deal to fine Barclays, Credit Suisse and Deutsche Bank billions of dollars before the November election, according to a report in the Financial Times. The banks face fines from the US Department of Justice, led by Attorney General Loretta Lynch, for the illegal sale of mortgage bonds in the US […]

The ability of policymakers to stimulate economic growth is dwindling rapidly, and both central banks and governments around the world are running out of options, according to new research from analysts at Barclays. In Barclays’ Global Economics Weekly note, subtitled “Diminishing policy power” — analyst Christian Keller argues that if the world faces an “adverse […]

Barclays on Monday downgraded forecasts for two UK-listed companies, blaming an “expect[ed] period of recession and uncertainty in the UK.” Analyst Andrew Ross and his team took the red pen to online estate agent Rightmove and price comparison website MoneySupermarket.com.  The investment bank says it likes both companies’ business models and believes they will win […]