Barclays’ revenue at the investment bank fell less than expected in turbulent markets and the firm avoids any new misconduct charges.
Barclays would consider an offer for its entire 62% stake in the African banking unit that it’s selling down to boost capital, says CEO Jes Staley.
Barclays CEO Jes Staley must convince investors he can improve the investment bank’s profits just as slumping trading revenue batters the industry.
Bill Winters takes more “painful” steps to turn around Standard Chartered as the bank posted its first annual loss since 1989.
Barclays’ board will debate the future of its Africa business at meetings starting on Wednesday in London, and could sell the lot.
Barclays must decide whether its capital is best deployed in Africa amid slowing growth in South Africa’s economy.
Third quarter profit drops 10 percent, missing analysts targets.
Barclays named former JPMorgan Chase & Co senior banker Jes Staley as chief executive officer.
Barclays names former JPMorgan Chase heavyweight Jes Slaley as its new chief executive officer.
Standard Chartered CEO Bill Winters is planning to cut about a quarter of senior staff, resulting in about 1 000 job cuts worldwide.
Standard Chartered’s losses on bad loans will climb faster than expected in the second half.
Chairman John McFarlane set to step up the pace of cuts at Barclays as the bank reports profit in line with estimates.
The UK government has sold 10 percent of Lloyds Banking Group in the past five months, reducing its stake to under 15 percent.
The Royal Bank of Scotland has processed the 600 000 transactions that were delayed this week in its latest payments failure.
Barclays set aside an extra £750 million (R13. 51 billion) to cover the cost of settling the probe into alleged currency rigging and posted a 32 percent drop in ...
HSBC Chief Executive Officer Stuart Gulliver is facing calls to break up Europe’s largest bank.
Shareholder pressure reportedly prompted Standard Chartered to seek a successor for Chief Executive Officer Peter Sands.
The Royal Bank of Scotland and Lloyds may leave Edinburgh, no matter how Scotland votes next week.
Companies in Europe have amassed about $1 trillion (R10 trillion) through earnings, bond sales and by refinancing credit lines, foreshadowing a potential surge in ...