Greek prime minister Alexis Tsipras had warned creditors that it would not be able to repay the IMF, just days before Athens tapped emergency reserves at the Fund, according to The Telegraph. "It has emerged that the prime minister was seemingly unaware of the cash reserves just days before the paym
Read more(Adds that Park was managing director) By Liana B. Baker and Mike Stone May 15 (Reuters) - Christina Park, a banker in leveraged finance at Barclays is leaving for Nomura Holdings Inc in the United States, according to people familiar with the matter. Park, a managing director,
Read moreBy Liana B. Baker and Mike Stone May 15 (Reuters) - Christina Park, a banker in leveraged finance at Barclays is leaving for Nomura Holdings Inc in the United States, according to people familiar with the matter. Park worked on the Americas leveraged finance team at Barclays for the
Read more-- Source link: (http://on.wsj.com/1Kbc75S) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more(Adds background; recent bond downgrades) By Mary Wisniewski CHICAGO, May 15 (Reuters) - Chicago Mayor Rahm Emanuel on Friday named Carole Brown, a managing director at Barclays , as chief financial officer for the financially troubled city. Brown, who heads Barclays' Midwest mu
Read moreBarclays may be facing a second fine in connection to its June 2012 settlement with US authorities over the alleged rigging of the main interbank lending rate, known as the London Interbank Offered Rate or LIBOR. The size of the fine is not clear but as of a few weeks ago was calculated to stand at
Read more(For other news from Reuters Financial Regulation Summit, click on http://www.reuters.com/summit/FinancialRegulation15) By Huw Jones, Steve Slater and Matt Scuffham LONDON, May 15 (Reuters) - British banks must rewrite contracts for senior staff to comply with new European Union rules
Read more* For other news from Reuters Financial Regulation Summit, click on http://www.reuters.com/summit/FinancialRegulation15 By Steve Slater, Matt Scuffham and Huw Jones LONDON, May 15 (Reuters) - British banks are still making big changes to how they will separate their retail businesses
Read more(Adds Wall Street Journal report, paragraphs 3-4) By Karen Freifeld, Sarah N. Lynch and Soyoung Kim NEW YORK/WASHINGTON, May 14 (Reuters) - Banks want assurances from U.S. regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charg
Read moreBy Karen Freifeld, Sarah N. Lynch and Soyoung Kim NEW YORK, May 14 (Reuters) - Banks want assurances from U.S. regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charges over the manipulation of foreign exchange rates, causing a delay
Read more(Repeats story with no change to text) By Yeganeh Torbati, Anna Yukhananov and Karen Freifeld WASHINGTON/NEW YORK, May 14 (Reuters) - Major banks wary of heavy U.S. penalties will be reluctant to restore ties with Iran even if sanctions are lifted in a possible nuclear deal, bank exec
Read moreBy Yeganeh Torbati, Anna Yukhananov and Karen Freifeld WASHINGTON/NEW YORK, May 14 (Reuters) - Major banks wary of heavy U.S. penalties will be reluctant to restore ties with Iran even if sanctions are lifted in a possible nuclear deal, bank executives and advisers say, likely denting Iran'
Read moreLONDON, May 13 (Reuters) - Almost one in 10 investors in African bank Atlas Mara voted against the election to the board of its co-founder Bob Diamond, the former boss of British bank Barclays. Atlas Mara, co-founded by Diamond and entrepreneur Ashish Thakkar in 2013 with the aim of buildin
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