LONDON, April 27 (Reuters) - Barclays reported a worse than expected 33 percent slump in pretax profits for the first three months of the year, as the lender followed its U.S. peers in reporting falling investment banking revenues in a weak global market environment. Barclays said first qua
Read more* BoE's Cunliffe says investors should expect lower returns * Profit expectations have not dropped to match reduced risk * Banks need to cut costs or boost profit from investment banking (Adds detail from speech, context) By David Milliken LONDON, April 26 (Reuters) - In
Read more(Adds detail on emails shown in court) By Anjuli Davies and Kirstin Ridley LONDON, April 26 (Reuters) - Former Barclays executive Eric Bommensath told a London court on Tuesday that he was not aware of alleged attempts by traders at the British bank to manipulate the Libor global fina
Read moreBy Anjuli Davies LONDON, April 26 (Reuters) - Former Barclays executive Eric Bommensath told a London court on Tuesday that he was not aware of alleged attempts by traders at the British bank to manipulate the Libor global financial benchmark rate. Former Barclays traders Stylianos Co
Read more* Atlas has funding in place for bid - Chairman * Carlyle among consortium of bidders * Tough outlook for Africa banking (Adds fresh company comments, context, share price) By Lawrence White LONDON, April 26 (Reuters) - Atlas Mara, the African investment vehicle of forme
Read more(ShareCast News) - Banks and real estate and property stocks rode to the top of the leaderboard on the heels of well-received quarterly earnings from StanChart and a perception that Brexit risks were fading, although analysts and market commentary were cautious on both counts. For the first quarter
Read more(Adds more detail) By Huw Jones LONDON, April 26 (Reuters) - Britain's Financial Conduct Authority has widened its review of banking links to businesses and individuals whose names appeared in the leaked Panama Papers, saying it was too early to draw any conclusions, the watchdog said
Read moreLONDON, April 26 (Reuters) - It is too early to draw conclusions on any links between UK banks and the "Panama Papers", Britain's Financial Conduct Authority (FCA) said on Tuesday. The watchdog has written to some 20 banks and other financial institutions asking if they have had dealings wi
Read more(Repeats to add coding) LONDON, April 26 (Reuters) - Atlas Mara, the African investment vehicle of former Barclays boss Bob Diamond, said on Tuesday it had held discussions with investors with a view to making a bid for Barclays African business. Atlas said its board supported explora
Read moreLONDON, April 25 (Reuters) - Former Barclays Chief Executive Bob Diamond is teaming up with private equity group Carlyle to prepare a bid to buy the bank's African operations, a source familiar with the matter told Reuters on Monday. Diamond is looking to structure a deal to acquire Barclay
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