The first counter was opened on 27 June 1967 by Barclays in Enfield Town, a town north of Greater London. In the USA it debuted only two years later: today there are over 3 million ATMs in the world for…
Barclays, Royal Bank of Scotland, Citigroup, JPMorgan and Mufg Bank have been fined by the European Antitrust for building a cartel in the spot foreign exchange market. Ubs collaborates and avoids the fine
The Government passes a decree which provides (in the event of a hard Brexit) a transitional period of 18 months during which British companies will be able to continue operating in Italy - Eventually, however, the insurance companies will have to close - More…
The Ligurian bank signs the contracts for the establishment of the consortium that will guarantee the recapitalization with Deutsche Bank, Credit Suisse and Barclays
Milan leaps to the top of the European stock exchanges after the promotion of Barclays analysts on the Italian house - The whole Agnelli stable is growing - The other lists are weak in anticipation of the ECB meeting on Thursday - Saipem and Mediaset are highlighted…
The case concerns the 12 billion pounds raised by the bank in 2008 through the capital increase supported by Qatar, money that allowed Barclays not to be overwhelmed by the financial crisis and not to have to ask for a public bailout.
The portfolio acquired is made up of around 75.500 positions and mostly includes non-performing consumer loans (personal loans, credit cards) and the remainder performing loan contracts with regular repayment.
The Swiss Bank closes the first quarter of the year with an adjusted pre-tax profit of 1.934 million Swiss francs, up 42% on an annual basis - The British group, on the other hand, sees its net profit more than halved due to…
They were the most stringent tests ever carried out by the Bank of England - Among other banks, problems also for Barclays and Standard Chartered - HSBC, Lloyds, Nationwide and Santander UK passed with flying colors
It is the first operation of the bank's new business line relating to the purchase of packages of loans without recourse, relating to salary-backed loans, from third-party operators. CEO Mario Giordano: "By 2017 we aim to purchase…
Thanks to the transaction, the number of Chebanca customers thus increases by 38%, to 800 thousand, assets under management grow by 74% to 6,8 billion, direct deposits by 27% to 13,6 billion, mortgage loans by 50 % to 7,5 billion…
The British bank continues its progressive abandonment of the business in Africa: within two-three years it wants to concentrate on Europe and the USA.
The British bank, which with the new CEO has launched a plan to drastically reduce costs, has also communicated that it will abandon its business in Africa through the sale of the subsidiary Bagl - Profit is declining and…
The two institutes ended up in the crosshairs of the US authorities for the so-called dark pools (trading in the dark): the British bank will pay 70 million dollars, the Swiss one 84,3 - HSBC in crisis: it announces cuts of 5 billion.
After the 100 thousand jobs cut in 2015 by US and European banks, in 2016 other large banking institutions will lay off their employees. - According to the Financial Times, 20 people are at risk for Barclays, a thousand for BNP Paribas.
The British banking giant has downgraded its stock recommendation from overweight to equalweight.
The FCA rally continues in the wake of the growth in car sales but also of the new Marchionne announcements at the Geneva Motor Show, including a holding company over Ferrari - Piazza Affari bets on Gtech - Super-dividend disappoints…
The bank posts a £174m loss after large provisions for an ongoing investigation and foreign exchange litigation.
The case concerns the process of fixing the prices of gold, silver, platinum and palladium in London - Involved Deutsche Bank, JP Morgan, Goldman Sachs, Barclays, Credit Suisse, Société Générale, Standard Bank Group, UBS, HSBC and Bank of …
No problem for HSBC and Barclays - Royal Bank of Scotland and Lloyds pass the measurement test - The only institution rejected is Cooperative Bank.
The amount drops from $10,7 billion to $6,6 billion - Credit Suisse, Citigroup and Barclays see their stakes reduced pro-rata.
UK bank ordered to pay £38m (€48m) fine by UK's Financial Conduct Authority
The case of Deutsche Bank and Barclays reproposes the unsolved problem of super-fast trading on the Stock Exchange: an extra opportunity or a blatant manipulation of the market? - Here's what two experts think, Giovanni Bottazzi and Alfonso Scarano in…
The long queue of banks surrendering to plea deals with the American authorities continues. The last on the list is the British Lloyd bank guilty, like Barclays, Rbs and Ubs, of having manipulated interest rates, Libor above all, to be more solid…
The ECB has updated the list of banks it intends to supervise directly starting next November 4, which includes 120 banks against the 128 institutions listed previously - 12 institutions are expected to leave and 4 new ones to enter…
The American accusation against Barclays of "having lied to its customers" and the duel between the judges in New York and Argentina over the Tango bonds keep the markets anxious - In Italy Bot at record levels, Mediaset sparks on the rights…
The British bank is in fact strongly downsizing its retail business in the boot, which will end up among the 400 billion pounds of assets of the bad bank, which will include all sectors considered "non-core".
The British bank will involve the investment bank above all in the new plan: the assets will be housed in a bad bank for a value of 90 billion euros and of the 19 staff cuts, 7 will concern that division.
However, the Bank of England reported a 5% decline in gross profit, which came in at £1,69 billion, down from £1,79 billion in the first quarter of 2013.
A report by Sanford C. Bernstein indicates this: the number is equivalent to 30% of the total workforce of the British bank.
A success on this front would be welcomed by the market and, according to an estimate by the British bank Barclays, would project Italian government bonds upwards to reduce the gap with Germany to 150 points, levels…
The British banking giant will cut between 10 and 12 thousand jobs within the year - The announcement coincides with that of an increase in the amount of bonuses for managers by almost 10% - Meanwhile, on the accounts front, the…
The English and Scottish banks, which are cooperating with the competent authorities, have suspended six and two people respectively. This week, Switzerland's UBS also said it had made decisions regarding its personal her.
The British institute is preparing to launch a capital increase of 5,8 billion - The funds will be used to meet the leverage ratio criteria required by the Bank of England - Barclays stock falls on the Stock Exchange.
The oil stock shines in Piazza Affari with an increase of 2,65%, benefiting from a report by Barclays which raised the opinion on the stock to 'overweight' from the previous 'equal weight'.
It is the sum that remains to be found in order to respect a ratio of 7% of solid own funds - Lloyds Banking Group must raise capital for another seven billion, more than double compared to the nationalized Rbs (3,2 billion) - Less heavy…
“Never Worked for money… Libor? I didn't even know how to calculate it” – But from the English Bank he received 98 million pounds in six years and 2,7 million in bonuses in 2012 alone.
The British Bank closes the first quarter of 2013 with pre-tax profits below analysts' expectations, at 1 .79 billion pounds - Pays restructuring costs after the Libor scandal - Net profits, however, go down…
FINANCIAL ANALYSIS BY BARCLAYS ON ITALY AFTER THE VOTE - In the short term "it is premature to imagine a deterioration of the situation that would lead to the request for OMT interventions" - "Focus on short-term BOTs instead of BTPs and relaunch issues…
Bad moment for the Special One: his Real Madrid is in a black crisis and now his image is also creaking - The British bank Barclays has rejected the choice of Henderson Global Investors to bet on Mourinho (for a…
Decision comes as part of strategic restructuring plan - Embroiled in the Libor rate manipulation scandal, Barclays posted £1,04bn in net losses last year.
The British bank, according to reports from the FT, aims to reduce its structural costs by 10%, ie by two billion pounds (2,36 billion euros), and to cut two thousand jobs.
HSBC, Barclays, Lloyds and Royal bank of Scotland risk having to compensate all the small and medium-sized enterprises to which they have sold derivatives to hedge interest rate risks - According to the FSA (the British Consob), 90% of…
According to the Wall Street Journal, the British bank would be ready by 2013 to cut 2 jobs in its investment division: Asia and continental Europe the most affected markets.
Morgan Stanley, Intesa Sanpaolo, Mediobanca and Barclays Bank are the four advisors chosen by Telecom Italia to assess the value and methods of the fixed network in view of its possible spin-off - Patuano instead cools the hypothesis of an increase…
The manipulation of the Libor has been talked about in London since 2008 - The Bank of England did not want to act and is now paying the consequences - The scandal, which has now become public, led to the resignation of Barclays, before…
Antony Jenkins has been officially appointed today to replace Bob Diamond, the former CEO forced to resign after the Libor scandal - The announcement comes just hours after the start of a new investigation ordered by the UK's office against financial fraud…
ADVISE ONLY - Everything you never dared to ask about the Barclays scandal, which cost the British bank a £290 fine - Why the Libor was manipulated and what the consequences are for savers…
His first task will be to elect the new CEO who will take over from Bob Diamond - From November XNUMX, Walker will replace Marcus Agius, who resigned following the Libor scandal.
The top five British lenders have set aside assets of at least 11,34 billion euros (£9 billion) to repay customers to whom they had sold insurance policies to cover mortgages and loans.
Trani's prosecutor Ruggiero calls two experts for advice to resolve the scandal. Ubs, despite wanting to demonstrate its non-involvement in the scandal, is nonetheless on the list of suspects for the manipulation of Libor. Deutsche Bank wrote…
On Friday, the Trani prosecutor's office opened an investigation at the request of Federconsumatori and Adusbef, into the manipulation of Euribor rates to the detriment of Italian citizens who have to pay their mortgages - Meanwhile in Europe, banks are collaborating with the European authorities:…
The British bank Barclays apologizes, through its chairman Marcus Agius, for everything that happened, while publishing its 2012 profits - But all banks now fear a Diamond-bis - Meanwhile, Japan fears a…
The British bank also announced that it has reduced its exposure to government bonds of peripheral European countries by 22%, to 5,6 billion pounds.
Yesterday in Congress, former Federal Reserve Chairman and current US Treasury Secretary Geithner attempted to defend his position in the Libor case. But another British bank has come under investigation: Lloyds Banking Group.
The defense confirmed: we have been contacted about the arrest of suspects in the Libor scandal. A Euribor scandal could also arise. The process is also being analyzed in Europe.
Real giants of global finance suspected of complicity with Barlays - These are Credit Agricole, HSBC, Deutsche Bank and Société Générale.
The manager forced to resign has "voluntarily" renounced a maxi-bonus of 20 million pounds, but consoles himself with a nice settlement: one year's salary plus a pension contribution.
Michel Barnier, European Commissioner for Financial Affairs, announced from Aix-en-Provence that he intends to propose a tightening of the rules of the banking market - Controversy in Great Britain over the severance pay of the outgoing Diamond, former CEO of Barclays, who could go so far as to ask…
Our country always seems to be poised between hope and discouragement - Example: on the European agreements at the end of June, after the initial satisfaction, the uncritical belief has spread that "enough has not been done" and that "small steps are not needed" …
Draghi should cut rates by a quarter of a point, bringing them from 1% to 0,75%, the historic minimum - Piazza Affari is starting well - Meanwhile Merkel and Monti find full harmony at the Rome summit - After Diamond, overwhelmed by…
In a hearing before the British Parliament, the former CEO of the bank admitted "mistakes" and "reprehensible behavior" within the group - Lowered Libor values discovered by him "only this month" - At the center of the mysterious 2008 phone call with the deputy governor …
Barclays CEO Bob Diamond resigns. Marcus Agius will leave office after choosing the new CEO. In the meantime, the scandal could also extend beyond the border, since many contracts in euro also use the Libor, as a substitute, for indexing…
The Bank announced last Wednesday that it wanted to pay 360 million euros to put an end to the investigations by the two authorities of Great Britain and the United States into attempts to manipulate the Euribor and Libor interbank rates.
The Brontos investigation refers to when the current President of Banca Mps was at the helm of Unicredit - The manager is accused together with 19 other people of having masked the institution's profits to make them appear as dividends from financial transactions…
The stake held by the bank is equal to 19,6% of the capital - BlackRock is aiming for a buyback for one billion dollars, while the remaining securities will be sold to other investors - In September Barclays had had to write…
Title in deep red in Piazza Affari after the English Bank's resounding no to the debt restructuring plan - Today the latest last-minute negotiations.
The fourth largest British bank by capitalization recorded a 16% decrease in profit - Roe in 2011 was 5,8%, far from the 13% target set by CEO Diamond - Barclays prefers Italy to Spain and increases there…
Over 25 Internet users have awarded the Brazilian mining company Vale the Oscar of Shame - Among the worst companies in the world are also the Japanese Tepco, responsible for the Fukushima plant, the Korean Samsung and the British bank Barclays.
