* Goldman, JPMorgan make large donations to in campaign * Morgan Stanley also likely to make a donation - source * Cameron tells businesses: speak up about EU benefits * Cameron hopes for deal in February, says not there yet (Adds likely Morgan Stanley donation, Cameron remark
Read more* Bank to close Asia cash equities business -memo * Around 1,000 jobs to go worldwide -sources * Exits investment banking in at least 8 countries -memo * Exploring sale of precious metals business -memo (Adds detail from internal memo on restructuring in Europe, Middle East an
Read more(ShareCast News) - Barclays told staff at its investment bank on Thursday that it would cut up to 1,200 positions, as part of its plans to strengthen its focus on those regions and market segments in which it could best compete. However, it aspired to remain a so-called "bulge-bracket investment ban
Read more(Adds details) LONDON, Jan 21 (IFR) - Barclays is to exit cash equities in Asia and cut about 1,000 investment bank staff as its new chief executive Jes Staley tries to improve profitability in the business by slashing costs, a person familiar with the matter said. The cuts were annou
Read moreBy Steve Slater LONDON, Jan 21 (IFR) - Barclays is to cut about 1,000 staff in its investment bank as the UK bank's new chief executive Jes Staley moves to improve profitability in the business by slashing costs, a person familiar with the matter said. The cuts were announced to staff
Read more(Repeats to widen distribution) * Bank to close Asia cash equities business -memo * Around 450 jobs to go in Asia alone-source * Barc exits investment banking in at least 8 countries -memo By Anshuman Daga and Lawrence White HONG KONG, Jan 21 (Reuters) - Barclays has
Read more(ShareCast News) - Barclays said it would cut investment banking jobs in London, New York and across Asia, in places such as Hong Kong and in Australia, Bloomberg reported. The lay-offs were part of a restructuring plan, the lender said, with a smaller 'bonus' pool, of possibly about 10%, having als
Read more** Shorting UK property, financial and materials stocks recommended as the best way to hedge any risk of a Brexit ** Continued warnings from the Bank of England and businesses see brokers looking to hedge the unlikely event of a British exit from the European Union ** Governor Mark Ca
Read moreLONDON, Jan 20 (Reuters) - Entrepreneurs who want to open a bank in Britain can call a new helpline to chat about how much capital they need, and get invitations to rub shoulders with supervisors. The Financial Conduct Authority and the Bank of England's Prudential Regulation Authority (PRA
Read moreBy Jemima Kelly LONDON, Jan 20 (Reuters) - Eleven major banks, including Barclays, UBS and HSBC, said on Wednesday they had tested a system that could make trading much faster and cheaper, using the technology that underpins crypto-currency bitcoin. The banks are part of a consortium
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