Barclays News

US charges Barclays forex trader with fraud

Barclays spokesman said on Wednesday that the bank had been co-operating with the DoJ investigation and that the incident involved a single transaction that pre-dated improvements to its procedures.

Apple's battery replacement offer to reduce 2018 iPhone sales: Barclays

In a note, analysts from Barclays said that the 2018 sales of iPhones could severely be affected by the recent disclosure about Apple reducing battery performance.


Uber now offers no-fee VISA-certified credit card with Barclays Bank

The ride-hailing giant on Wednesday unveiled a new no-fee, co-branded credit card with British bank Barclays that it hopes becomes a major part of consumers' everyday spending habit.

Barclays slapped with $44 mn fine for gold price fix

The FCA said it had banned former Barclays trader Daniel James Plunkett and fined him £95,600 for exploiting weaknesses in the bank's systems.

Sluggish state auction exposes bond reform hurdles

Reserve Bank of India this month proposed to scrap a 14-year-old system under which state debt is valued at a fixed spread of a quarter-percentage point over government bonds.

Barclays chief declines bonus

Bonuses for bankers meanwhile remain a politically sensitive issue in Britain.


Govt notifies new gas pricing formula

The formula will apply to all natural gas produced in India, whether conventional, shale or even CBM.

Ex-Barclays boss to make banking entry via Africa

The vehicle will be managed by Atlas Merchant Capital,the merchant bank Diamond has set up in New York.

Property firm Unitech told to repay $150 mn loan to Deutsche Bank

Indian firm had counter-sued,saying Libor interest-rate rigging scandal can invalidate some deals.

Barclays downgrades Bank of Baroda,Bank of India,PNB shares to 'underweight'

Research house downgrades select PSU banks and finance companies citing slowing economy.