UK fines Barclays £72m over 'elephant' deal

2015-11-26 19:36

The UK's financial regulator has fined Barclays bank £72m for failing to carry out proper checks on a vast so-called elephant deal for ultra-wealthy clients.

RainFin says lending model has Ferrari potential

2015-09-14 09:37

RainFin, a South African peer-to- peer lender part-owned by Barclays, has more than doubled loans in the past year by tapping the needs of small businesses.

Barclays may not pick new CEO until spring 2016

2015-07-10 13:17

Barclays may not pick its next chief executive until early next year, potentially leaving new Chairperson John McFarlane in charge for at least eight months.

8 reasons why Europe is shaking up banking

2015-07-09 20:30

Barclays CEO Antony Jenkins has joined the roster of seven other former CEOs as European banks look for new skills.

Henk Potts: Companies need to play catch up – invest in technology

2015-06-26 16:07

Biznews’ Alec Hogg talks to Henk Potts, a member of the Barclays team in London.

'Boring' banks a safe haven in a scary world

2015-06-21 17:00

Taking refuge in bank stocks is the way to go on the basis that the sector is cheap and may be able to pass on higher rate costs to clients, say investors.

Barclays launches review after FIFA probe

2015-06-01 05:00

Barclays has launched an internal review into whether its accounts were used for corrupt payments by FIFA officials, says a banking source.

Barclays launches £100m for tech firms

2015-05-01 10:59

Barclays has launched a new £100m fund to lend cash to fast growing British technology firms who may not want to sell an equity stake.

Barclays to cut bonus pool to below £2bn

2015-02-19 17:30

Barclays is set to reduce its bonus pot for 2014 to less than £2bn, down at least 16% from its controversial payout in the previous year.

SA asset sales may raise R86bn - Barclays

2015-01-14 19:00

South Africa could raise more than R86bn from the sale of assets as it seeks to support state companies including Eskom, Barclays says.


Barclays profit rises on new CEO appointment

2015-10-29 13:00

Barclays, fresh from appointing new chief executive has logged rising third-quarter net profit boosted by its investment banking division.

Mobile makeover for Britain's scandal-hit banks

2015-08-09 13:14

With reputations tarnished by the financial crisis and a string of scandals, Britain's top banks are trying to adapt and move ahead by embracing mobile technology.

China a bigger worry for SA than Greece - Barclays

2015-07-10 07:28

Stock market volatility in China may present bigger risks to the South African economy than Greece’s possible exit from the eurozone, says Barclays Africa Group.

Why the new Barclays chair ousted his CEO

2015-07-08 12:41

Barclays chair John McFarlane, three months into the job, has ousted CEO Antony Jenkins and pledged to tackle a “cumbersome, bureaucratic” bank through deeper cost cuts.

Barclays hires JPMorgan for broking role

2015-06-24 15:07

Barclays has appointed JPMorgan as its corporate broker replacing Credit Suisse, making the change as new chairperson John McFarlane begins a revamp of the lender.

Barclays sees headwinds for SA bonds, losses mount

2015-06-01 19:00

South African bonds, enduring the longest monthly losing streak in two years, have some way to fall before enticing buyers, according to Barclays.

Five big banks face $5bn bill over FX rigging

2015-05-20 09:00

Five of the world's biggest banks are expected to be hit with a combined bill of more than $5bn and criminal charges in a settlement with US and British authorities.

Growing concern over sustainable growth in Africa

2015-03-05 06:00

There is a growing unease about sustainable growth in Africa and whether inclusive growth is created, say experts at an Africa trade summit.

Barclays loses millions over Swiss franc move

2015-01-18 21:00

British bank Barclays has lost "tens of millions" of dollars after Switzerland's central bank scrapped its currency ceiling against the euro, says a source.

European banks face $52bn in lawsuits

2015-01-13 19:30

Royal Bank of Scotland and Barclays may have to pay up to $52bn in fines and other litigation costs facing Europe's banks over the next two years.

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