barclays Archives - Global Banking Monitor

Barclays Anticipates BoE to Implement Rate Cut in May 2024

Barclays said on Friday it expects the Bank of England (BoE) to start its interest-rate cut of 25 basis points in May, compared to...

Barclays Eyes 2,000 Job Cuts in $1.25 Billion Cost-Cutting Strategy: Report

Barclays is working on its cost-saving plans of 1 billion pounds ($1.25 billion) which could also involve around 2,000 job cuts, mainly in the...

Barclays Predicts Fed Will Maintain Rates in January

Barclays said on Wednesday it no longer expects the U.S. Federal Reserve to raise interest rates in January, compared with an earlier forecast of...

Barclays and Deutsche Bank Struggle to Deliver Results

NatWest Group Plc got all the bad publicity last week after a political storm over its dealings with a provocative client led its chief...

Barclays Warns of Profit Squeeze as Customers React to Market Changes

Barclays (BARC.L) warned of growing pressure on its UK business as stubborn inflation and high interest rates pushed customers to repay debt and switch...

NatWest and Barclays Receive Highest Complaints for Bank Account Closures

NatWest and Barclays Receive Highest Complaints for Bank Account Closures NatWest Group Plc and Barclays Plc got the most complaints over decisions to close bank...

Adani’s Trusted Bankers at Barclays Take a Cautious Approach After Hindenburg Issue

For more than a decade, Barclays Plc has been the go-to bank for Indian billionaire Gautam Adani, leveraging a relationship forged when only a...

Barclays Said to be Considering Selling Its German Consumer Finance Business

Barclays Plc is preparing the sale of its consumer-finance business in Germany and has held preliminary talks with potential buyers, according to people familiar...

Barclays and Yes Bank Raise India’s Inflation Projection in Response to Price Jump

A higher-than-expected India inflation reading in June has prompted some economists to raise their forecasts for consumer price gains for the year, cementing expectations...

Barclays Reportedly Initiates Search for Buyers for Approximately €5 Billion Worth of Italy Loans

Barclays Plc is seeking to sell about €5 billion ($5.3 billion) of Italian mortgage loans as part of plans to exit retail banking in...

JPMorgan and Barclays Invest $4.5 Billion in Wefox, the Insurance Tech Powerhouse

German digital insurer Wefox said Wednesday it raised $110 million of fresh funding from backers including JPMorgan and Barclays. The news marks a vote of...

Barclays and JPMorgan Halt Deals as Anxiety Grips Junk-Debt Market

Global banks are growing wary of risky credits as turmoil envelops the industry, crushing the market for new leveraged finance deals just as it...

JPMorgan Chase sues former Barclays CEO Staley over links to Jeffrey Epstein

JPMorgan Chase has sued former executive Jes Staley, the ex-Barclays boss, over his links to the disgraced financier Jeffrey Epstein. The Wall Street bank filed...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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