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* ADIB says deal will give it 110,000 customers * Will allow it to expand into serving expat customers * But some high-end customers likely to be reluctant to shift * ADIB shares ease slightly but up 54 pct year-to-date * Barclays to focus on corporate, investment banking,
6 Apr 14 06:44(Adds details, context) DUBAI, April 6 (Reuters) - Barclays has agreed to sell its retail banking operations in the United Arab Emirates to Abu Dhabi Islamic Bank (ADIB) for an expected price of 650 million dirhams ($177 million), ADIB said on Sunday. The emirate's largest Islamic ban
6 Apr 14 05:20DUBAI, April 6 (Reuters) - Barclays has agreed to sell its retail banking operations in the United Arab Emirates to Abu Dhabi Islamic Bank (ADIB), ADIB said on Sunday. ADIB, the emirate's largest sharia-compliant lender, said the acquisition was expected to cost 650 million dirhams ($177 mi
6 Apr 14 04:49LONDON (Alliance News) - Barclays PLC Friday said Skip McGee, a divisional executive was allotted 26,336 shares at a price of GBP2.3400 per share and 3,63 American Depositary Shares at USD16.37 each.<br /><br />The company also said a group of executives including Valerie Soranno Keating, a di
4 Apr 14 16:36* Popular in talks with Citi over Spanish retail unit * Deal could include 45 branches, 300 staff - sources * Barclays also weighing future of Spanish unit - report * Foreign banks face tough competition with local lenders (Adds more details on Citi sale, BBVA's Portuguese rev
4 Apr 14 14:15(Adds background, details on Popular operation, Barclays reports) MADRID, April 4 (Reuters) - Banco Popular said on Friday it was in talks to buy Citigroup's retail banking and credit card business in Spain, where foreign players have struggled to compete with dominant local banks after a d
4 Apr 14 09:08* Review to start end of 2015 * Industry says has already made changes in practices * European Parliament back cap on cross border card fees (Adds industry reaction) By Huw Jones and Steve Slater LONDON, April 3 (Reuters) - Britain's financial watchdog will investigate t
3 Apr 14 14:49LONDON (Alliance News) - Global stock indices lost a few points, while the euro has risen to a high of the day against the dollar, following the decision by the European Central Bank to leave it's interest rates unchanged. The ECB left its benchmark rate unchanged at 0.25%, leaving markets
3 Apr 14 12:13(Adds detail, background) LONDON, April 3 (Reuters) - Britain's financial watchdog will investigate the 150 billion pound ($250 billion) credit card market to assess if people in financial trouble are being treated fairly, it said on Thursday. The decision by the Financial Conduct Aut
3 Apr 14 10:24LONDON, April 3 (Reuters) - Britain's financial watchdog said it would launch a competition review into the 150 billion pound ($250 billion) credit card market to assess if people in financial trouble are being treated fairly. The Financial Conduct Authority said on Thursday 30 million Brit
3 Apr 14 09:31April 2 (Reuters) - RBC Wealth Management said it had hired an international financial adviser from Barclays Bank. Ileana Platt, who joined RBC Wealth's International Advisor Group-USA in March, is based at the company's Miami office. She will work with high net worth clients who have
2 Apr 14 17:14LONDON, April 2 (Reuters) - Britain's top banking supervisor said on Wednesday he wants most of a banker's bonus deferred for longer than the current average of three years. "I would like to see deferral increased," Andrew Bailey, Bank of England Deputy Governor and chief executive of its P
2 Apr 14 11:37Barclays, HSBC and RBS are among a group of 12 banks being accused in a US class-action suit for rigging foreign-exchange (Forex) prices. The class-action lawsuit was filed late Tuesday in New York by a group of investors from across the US and the Caribbean and included city and state pension pla
2 Apr 14 09:00NEW YORK, April 1 (Reuters) - Twelve large banks have been sued in a consolidated antitrust lawsuit by investors who claim they conspired to rig prices in the roughly $5.3 trillion-a-day foreign exchange market. Investors, including the city of Philadelphia and a variety of pension funds an
1 Apr 14 20:11By Jamie McGeever LONDON, April 1 (Reuters) - The global investigation into allegations of currency market manipulation intensified and spread its net on Tuesday, as regulators in Hong Kong and New Zealand said that they are investigating banks' conduct in the foreign exchange market. <p
1 Apr 14 12:53
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