Barclays reported a lower than expected 9% fall in first half pretax profit, as a strong performance from its investment bank compensated for falling revenues elsewhere.
Former Nestlé S.A. chairman Peter Brabeck-Letmathe was once the subject of large-scale online slander for his supposed views of water as a fundamental human right.
HSBC Holdings PLC (LSE:HSBA) interims mark the swansong of Noel Quinn as chief executive so there shouldn't be any nasty surprises. Quinn departs on 2 September with Georges Elhedery, its current chief financial officer, promoted to the CEO role.
Barclays PLC (LSE:BARC), NatWest Group PLC (LSE:NWG), Lloyds Banking Group PLC (LSE:LLOY) and other UK banks have provided the National Court Agency with customer data as part of plans to tackle "dirty money" flowing through the company's economy. The project, which is the largest of its kind in the world, is set to take on criminal gangs and money laundering, which is estimated to cost the ec...
Barclays is winning business from its top Wall Street rivals in prime brokerage, a lucrative investment banking battleground where lenders are battling to serve hedge funds in an array of increasingly complex trades.
Former Barclays CEO John Varley has been ordered by a London tribunal to give evidence at the British bank's appeal against a 50-million pound ($65-million) fine over its 2008 fundraising with Qatar.
Barclays on Monday asked London's High Court to more than halve a shareholders' lawsuit worth up to 560 million pounds ($720 million) accusing the British bank of misleading the market about its private "dark pool" trading platforms.
Unilever PLC (LSE:ULVR) second quarter might see it beat expectations for a third period running, suggest analysts at Barclays. This ‘hat-trick' would be represented by organic sales growth (OSG) of 4.4% split between volumes of 2.9% and price hikes of 1.5%.
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