Last Updated Stories in BARCLAYS

RBS to axe 2,300 UK jobs as former boss says he is 'sorry'

The Royal Bank of Scotland (RBS) are to axe 2,300 office jobs, but said there will be no branch job loses. Former RBS chief executive Sir Fred Goodwin said that he "could not be more sorry" for what had happened to...

Barclays Bank of Delaware Commits Fraud in Charlotte, NC Airport

On December 23, 2008 I arrived in the airport in Charlotte, North Carolina on my way to visit family in Florida for the Christmas holidays. As I entered the US Airways departure gate area, a young woman at a...

Ten signs of insolvency

The warning signs were all there, first identified by the partner in a firm that cleaned up after the corporate excesses of the '80s, and dusted off today in Australia's Sunday Mail. " 1. A company Mercedes-Benz...

ABN AMRO's final count down

Thursday the shareholders of the ABN AMRO bank will vote for one of the two bidders; UK's Barclays and an international consortium of UK's Royal Bank of Scotland, Belgian Fortis and Spains Banco...

Europe banks extend rally on state aid, US plan

European markets have opened higher after a strong performance by Asian exchanges. The major European markets have opened up 4 percent or mote, and are still rising. The rise is probably partly due to the dramatic...

European stock markets surge more than 5 per cent

European stock markets rebound in early deals on Monday, with London, Frankfurt and Paris each up more than five per cent. Stocks also soared more than five per cent in Zurich and Amsterdam after European leaders agreed to inject billions of dollars of...

Lehman CEO Punched at Gym

The heads of these big banks are becoming targets.  In this case it was a Lehman employee."While former Lehman CEO Richard Fuld was testifying before the House Oversight Committee Oct. 6, CNBC reported he had...

Barclays, RBS in Talks on U.K. Government Funding

RBS and Barclays banks in the UK are thought to be the next to be in trouble, with shares in both banks plummeting today. It is thought that the UK government is going to take partial ownership in both banks."The U.K. government may invest at least 45 billion pounds ($79...

Early London rally wiped out, European market volatile

Stock markets across Asia-Pacific bounced back after huge losses for last many days in early trading. Several governments took desperate economic measures to survive the crisis. Indian government had cut down...

London banker dies after trying to save couple from gang assault

A very sad case is being reported in the UK. A city banker and father of two has died after trying to depend a young couple, who were strangers to him, from a gang attack. "A senior banking executive died of head injuries after he intervened in a street brawl.Police said...

Update: National capitalism reborn, first controlled 9/15 demolition Lehman, ...

Update Sept-19: US creates government sponsored Bad Bank Update Sept-17John W. Snow, Cerberus hedge fund CEO (Chrysler) says:"We have a broken Market economy, we have to fix it" Update Sept-15National capitalism...

Vijay Singh wins fourth Barclays title

Vijay Singh of Fiji won his fourth Barclays Classic title on Sunday after beating Spain’s Sergio Garcia and American Kevin Sutherland in a playoff.Read full article

Barclays Bank policy of silence. A credit card fraud story.

Once upon a time in Portugal there was this big international bank, the Barclays Bank. And there was this Client, Pedro. Although a low budget Client, living in a place where Barclays Bank is frequently understood...

Barclays 'to get cash infusion from major Japanese bank'

The UK banking sector certainly appears to have been stuck with a lot of sub-prime debt problems."Barclays Plc may be close to securing a 100bn yen (€594m) capital injection from Japan’s Sumitomo Mitsui Banking Corp. as part of the bank’s efforts to weather the impact...

Islamic hedge funds find a way of going short « Peter J. Cooper’s Weblog

"Barclays Capital, and the Dubai Multi Commodities Centre Authority, an agency of the Dubai government, today announced the first Shariah compliant hedge funds on the Al Safi Trust platform. This breaks new ground for Islamic investors and opens up an entirely new asset class...

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