Barclays PLC (BARC.L)
Latest Key Developments (Source: Significant Developments)
July 4 (Reuters) - Barclays Spokesperson::CO HAS BEEN WORKING CLOSELY WITH CMA AND HAS CORRECTED A MISTAKE IT MADE WHICH AFFECTED "SMALL" NUMBER OF BUSINESS CUSTOMERS. Full Article
July 4 (Reuters) - UK's CMA::DIRECTS BARCLAYS TO FIX BANNED BANKING PRACTICES.DIRECTED BARCLAYS TO IMPROVE PRACTICES AFTER BANK BROKE RULES DESIGNED TO PROTECT SMALL BUSINESSES.BARCLAYS TOLD THE CMA THAT IT HAD NOT COMPLIED WITH ASPECTS OF LEGAL UNDERTAKINGS DESIGNED TO MAKE IT EASIER FOR BUSINESSES TO SHOP AROUND.BARCLAYS BREACHED UNDERTAKINGS BY PREVENTING SMES WHO HAD BUSINESS PREMIUM ACCOUNTS FROM TRANSFERRING MONEY TO OR FROM NON-BARCLAYS ACCOUNTS.BARCLAYS WILL PAY NEARLY £2000 IN TOTAL COMPENSATION ACROSS AFFECTED BUSINESS PREMIUM ACCOUNT HOLDERS.SAYS DIRECTS BARCLAYS TO APPOINT INDEPENDENT BODY TO AUDIT COMPLIANCE WITH THE UNDERTAKINGS AND PROVIDE THE INDEPENDENT BODY’S REPORT TO CMA. Full Article
April 22 (Reuters) - :BARCLAYS TO CUT BONUSES FOR INVESTMENT BANKERS - FT. Full Article
April 16 (Reuters) - BREX::BREX AND BARCLAYS INVESTMENT BANK SIGN $100M DEBT CAPITAL RAISE.BREX - CAPITAL COMES IN FORM OF A WAREHOUSE LINE OF CREDIT, WHICH IS BACKED BY BREX'S CORPORATE CHARGE CARD RECEIVABLES.BREX - TO DATE, BREX HAS RAISED $215 MILLION IN EQUITY FINANCING FROM INVESTORS INCLUDING PETER THIEL. Full Article
April 11 (Reuters) - Barclays PLC
April 1 (Reuters) - UK's SFO::UK'S SFO SAYS SENIOR BANKERS SENTENCED TO 9 YEARS FOR RIGGING EURIBOR RATE.CARLO PALOMBO, COLIN BERMINGHAM SENTENCED TO TOTAL OF 9 YEARS IMPRISONMENT AT SOUTHWARK CROWN COURT.SENTENCING OF PALOMBO, BERMINGHAM IS FOR MANIPULATING THE EURO INTERBANK OFFERED RATE (EURIBOR) AT THE HEIGHT OF THE FINANCIAL CRISIS. Full Article
March 6 (Reuters) - Barclays PLC
Feb 22 (Reuters) - Barclays PLC
Feb 17 (Reuters) - :TIGER GLOBAL HAS SOLD ITS ENTIRE HOLDING IN BARCLAYS - FT, CITING SOURCES. Full Article
Feb 8 (Reuters) - Barclays PLC
July 18 Bank of America Corp has appointed Janis Vitols to be its new head of global asset management investment banking, according to an internal memo seen by Reuters on Thursday.
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