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Barclays

All articles tagged with #barclays

markets14 days ago

Barclays: Trump Put Fades Amid Policy Swings

Barclays says market resilience tied to Trump’s de-escalation signals may be fading as policy uncertainty rises; equities, oil, and rates have been volatile on shifting Iran deadlines and Middle East tensions, with the bank warning that a longer conflict and oil shock could lift inflation and weigh on growth. Its economists expect global growth near 2.9% in 2026 and inflation around 2.7% by year-end, with advanced economies slowing to about 1.7% in 2026, signaling a higher risk of stagflation.

via Investing.com|
#barclays#markets#oil
Barclays tied to $700m MFS loss amid questions over founder’s son‑in‑law on its payroll
business1 month ago

Barclays tied to $700m MFS loss amid questions over founder’s son‑in‑law on its payroll

Barclays is said to have lent about $700 million to Market Financial Solutions (MFS) and provided banking services as MFS later went into administration. The bank reportedly blocked some MFS transactions before freezing accounts. Adding intrigue, Barclays employed Rihan Dewan—son-in-law of MFS founder Paresh Raja and brother of Tiba Raja—as a high‑yield credit trader (not involved in the MFS loans), with insiders noting potential conflicts of interest. While no wrongdoing is proven, the story highlights scrutiny of ties between Barclays, MFS, and related family connections as Barclays’ stock slid and it signals a strategic shift away from investment banking.

via eFinancialCareers|
#barclays#business#conflict-of-interest
Barclays rewards MRTs with near-£1m bonuses amid mixed year for bankers
business2 months ago

Barclays rewards MRTs with near-£1m bonuses amid mixed year for bankers

Barclays’ investment bank material risk takers earned an average £901k in bonuses for 2025 (£732m total for 1,465 MRTs), with MRTs’ average salary at £652k for a £1.6m total package. Despite a weak year for M&A and capital markets fees, the bank plans to pivot toward advisory growth and aims to raise its share of global IB fees to about 3.5% by 2028. Bonus distribution remained top-heavy: 762 staff earned over €1, 89 earned over €3.9m, and one individual was in the €17–€18m range.

via eFinancialCareers|
#barclays#bonuses#business
business10 months ago

Wall Street Boosts S&P 500 Outlook Amid Optimism and Tariff Relief

Barclays has raised its 2025 S&P 500 target to 6,050 amid optimism on Wall Street following a decline in tariff-related uncertainty, despite ongoing trade tensions and increased tariffs on steel and aluminum. Major banks like Goldman Sachs and Deutsche Bank have also upgraded their forecasts, reflecting a positive outlook supported by expected corporate earnings growth, though risks from tariffs and economic headwinds remain.

via Investing.com|
#barclays#business#sandp-500
American Airlines Partners Exclusively with Citi, Ends Barclays Deal
business1 year ago

American Airlines Partners Exclusively with Citi, Ends Barclays Deal

American Airlines has chosen Citigroup as its exclusive credit card partner, ending its partnership with Barclays. The airline anticipates a 10% annual growth in payments from its co-branded credit card and other partners, having earned $5.6 billion in the past year. Following the announcement, American Airlines' shares rose over 6% in premarket trading.

via CNBC|
#american-airlines#barclays#business
Barclays Settles $17.7B Debt Sale Blunder for $19.5M
business1 year ago

Barclays Settles $17.7B Debt Sale Blunder for $19.5M

Barclays has agreed to a $19.5 million settlement in a Manhattan lawsuit where shareholders accused the bank of securities fraud for selling $17.7 billion more debt than allowed by regulators. The settlement, which requires court approval, follows Barclays' admission of overissuing structured and exchange-traded notes beyond the authorized limit. Despite denying wrongdoing, Barclays had to restate its 2021 financials and set aside funds for the overissuance. The lawsuit involved investors in Barclays' American depositary receipts from February 2021 to February 2023.

via Reuters UK|
#barclays#business#debt-sale
Barclays Faces $51M Fine for Misconduct in Qatar Fundraising
finance1 year ago

Barclays Faces $51M Fine for Misconduct in Qatar Fundraising

The UK's Financial Conduct Authority has fined Barclays £40 million ($50.9 million) for failing to disclose arrangements with Qatari entities during the 2008 financial crisis. The fine relates to undisclosed fees paid to Qatari funds to avoid a state bailout. Although Barclays initially appealed the fine, it has now withdrawn the appeal, citing the time elapsed and the interests of its stakeholders, while maintaining there is no material financial impact from the penalty.

via CNBC|
#2008-financial-crisis#barclays#finance
FINRA's New Rules Push Wall Street Back to Five-Day Office Weeks
business1 year ago

FINRA's New Rules Push Wall Street Back to Five-Day Office Weeks

Barclays and other Wall Street firms are considering requiring employees to return to the office five days a week due to new US brokerage regulations by Finra. These rules, which include listing home offices in regulatory records and periodic inspections, are prompting some firms to rethink remote work policies. While some, like Deutsche Bank, may find ways to comply with minimal changes, others like Truist Financial Corp. have already mandated full-time office attendance for certain staff.

via Fortune|
#barclays#business#finra