Barclays has strengthened its mergers and acquisitions (M&A) team in the US, building on its recent success in that space. In what may be a good sign for Barclays, it has managed to poach Richard Casavechia from rival Bank of America Merrill Lynch to lead its M&A structuring arm, according to an int
Read moreSept 9 (Reuters) - Barclays PLC appointed Richard Casavechia as the head of its M&A structuring, and he will start working at Barclays by the end of the year, the Financial Times reported. Casavechia joins from Bank of America Corp and will report to Gary Posternack, the bank's global head
Read more-- Source link: (http://on.ft.com/1rVorzx) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more(Writes through, adds background, further Wheatley comments) By Huw Jones and Li-mei Hoang LONDON, Sept 9 (Reuters) - Banks are struggling to stamp out activity at the root of alleged manipulation in foreign exchange markets, the chairman of Britain's Financial Conduct Authority (FCA)
Read moreUK stocks fell for the third straight day on Tuesday as uncertainty caused by the upcoming Scottish referendum and geopolitcal tensions in eastern Europe dampened risk appetite. The FTSE 100 was 0.1% lower at 6,829 by midday, though it traded within a narrow range for most of the morning. Equity ma
Read moreUK stocks were trading slightly lower on Tuesday morning as investors prepared for a raft of economic data on the British economy. The FTSE 100 was 0.1% lower at 6,830 in early deals, trading in the red for the third straight day. Stocks came under pressure on Monday on the back of growing support
Read moreLONDON, Sept 8 (Reuters) - Barclays has cut 2,700 jobs in its investment bank this year as part of a plan unveiled in May to axe 7,000 positions over three years, the head of the business said on Monday. Tom King, chief executive of Barclays investment bank, also said at the Barclays Financ
Read more* Barclays follows Lloyds, Standard Chartered, Abbey into market * Scottish-based lenders worst performers of UK bank debt * Yes vote will not block UK bank market access - investors By Aimee Donnellan LONDON, Sept 8 (IFR) - UK banks are taking the global bond markets by s
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