Barclays beats forecast on trading boom, but bad loan charges rise
Q3 pretax profit 2 bln stg vs forecast 1.8 bln
*Read moreQ3 pretax profit 2 bln stg vs forecast 1.8 bln
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Read more(Alliance News) - Stock prices in London were called to open slightly lower on Wednesday, after Alphabet and Microsoft shares were sold off in after-hours trading in New York on Tuesday, putting a cloud over European markets.
Read more(Sharecast News) - Barclays Bank reported a better-than-expected rise in third quarter profits despite a sharp rise in bad loan charges as consumers started to feel the impact of the cost-of-living crisis.
Read moreBanks ousts CFO Ewen Stevenson in surprise move
*Read more(Sharecast News) - The market spotlight on Wednesday will continue to be on the US housing sector.
Read moreLONDON, Oct 24 (Reuters) - The cost of insuring Britain's debt against default fell to its lowest since last month's "mini budget", according to data from S&P Global Market Intelligence on Monday, after Rishi Sunak won the race to become Britain's next prime minister.
Read moreNEW YORK, Oct 21 (Reuters) - The banks providing $13 billion in financing for Tesla CEO Elon Musk's acquisition of Twitter Inc have abandoned plans to sell the debt to investors because of uncertainty around the social media company's fortunes and losses, people familiar with the matter said.
Read moreNEW YORK, Oct 21 (Reuters) - The banks providing $13 billion in financing for Tesla CEO Elon Musk's acquisition of Twitter Inc have abandoned plans to sell the debt to investors because of uncertainty around the social media company's fortunes and losses, people familiar with the matter said.
Read more(Alliance News) - Banking firm Barclays PLC has been hit with a GBP50 million fine from the UK's financial watchdog over failures to disclose arrangements with Qatari investors when it raised funds during the 2008 financial crash.
Read moreLONDON, Oct 21 (Reuters) - Britain's Financial Conduct Authority (FCA) said it would fine Barclays 50 million pounds ($55 million) for its failure to disclose fees paid to Qatari entities during its financial crisis-era fundraising.
Read more(Sharecast News) - Barclays has been fined £50m by the City watchdog over its "reckless" conduct during a fund raising at the height of the 2008 financial crisis.
Read moreLONDON, Oct 20 (Reuters) - Banks, tech and telecom companies in Britain are calling on regulators and lawmakers to make it easier for them to share anonymised data on customers so they can spot and stop scams faster, a report published on Thursday said.
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