Barclays to invest more than $400 million in its Indian operations

Barclays to invest more than $400 million in its Indian operations

By Christy Gren - Aug 27, 2021

Barclays, with its 1st rank in DCM league table among all banks in India, looks forward to invest more than $400 million in its Indian operations.

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Barclays sees triple net profit in latest quarter

Barclays sees triple net profit in latest quarter

By Anna Domanska - May 03, 2021

Barclays PLC logged a stellar performance in its first quarter with net profit almost tripling on the back of a brighter economic outlook for both the UK and US. The stimulation pa

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Barclays Explores Merger with Standard Chartered to Thwart Activist Investor

Barclays Explores Merger with Standard Chartered to Thwart Activist Investor

By Anna Domanska - May 23, 2018

Barclays Plc is reportedly exploring a potential merger with rivals, including Standard Chartered. No formal or information bid was made, the Financial Times reported on Wednesday,

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Finally, Sphero Gets Disney’s BB-8 Droid Toy Making Proposal

Finally, Sphero Gets Disney’s BB-8 Droid Toy Making Proposal

By Carrie Ann - Aug 12, 2015

Disney’s new star wars – BB-8 droid toy will be rolled out soon into your living room by this holiday season. The robot that looks like a mechanical head on a spinning ball

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Goldman Sachs to settle Forex lawsuit for $130 million

Goldman Sachs to settle Forex lawsuit for $130 million

By Christy Gren - May 09, 2015

Goldman Sachs will settle Forex lawsuit by private investors for a sum of $130 million. The lawsuit accused traders at dozen banks for rigging price, and others for manipulating fo

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Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up

Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up

By Anna Domanska - Oct 21, 2014

William C. Dudley, president of the Federal Reserve Bank of New York, has warned banks to change the way employees are compensated and to undertake a few more measures to fix their

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Virginia Sues 13 Banks for $1.15Billion over alleged Mortgage Bond Fraud

Virginia Sues 13 Banks for $1.15Billion over alleged Mortgage Bond Fraud

By Christy Gren - Sep 17, 2014

Citigroup, Bank of America, Goldman Sachs Group, Barclays, HSBC and Royal Bank of Scotland are among 13 banks whose units were sued for $1.15bn by Virginia over sale of residential

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Salz report vows Barclays to introduce more changes

Salz report vows Barclays to introduce more changes

By Richard Meryn - Apr 03, 2013

The just-issued Salz report much criticized the culture and management practices of Barclays which led to damage of the bank’s reputation. The report vowed Barclays to introduce

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IoD Chief Sharply Criticizes UK’s Banks

IoD Chief Sharply Criticizes UK’s Banks

By Richard Meryn - Mar 14, 2013

Simon Walker, the director general of the Institute of Directors, sharply criticized UK’s banks such as Barclays and Royal Bank of Scotland for offering excessive employee compen

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