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British bank Barclays blamed a weak performance in its investment banking arm for a five per cent fall in quarterly adjusted pre-tax profit to 1.7bn pounds, although it said its retail and credit card operations did well. Barclays said bond trading, currency and commodity (FICC) income in the inves
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LONDON (Alliance News) - Barclays PLC Tuesday reported a decline in first-quarter adjusted pretax profit as it was hurt by a slump in the performance of its investment bank, just two days before Chief Executive Antony Jenkins is due to present a strategic update revamping the underperforming divi
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May 6 (Reuters) - WATCH LIVE: http://link.reuters.com/pys98v Watch a round-up of today's top stories including UBS's corporate restructuring, a 5 percent profit fall at Barclays and France's decision to reject GE's bid for Alstom. (Reuters Insider)
Read moreLONDON (Alliance News) - UK stocks are expected to open marginally higher Tuesday as UK market participants return from the Bank Holiday weekend ahead of a raft of services purchasing managers' index data from the UK and across the euro area. However, focus also will be on Ukraine, where te
Read moreLONDON, May 6 (Reuters) - Barclays said its underlying profits fell 5 percent in the first quarter from a year ago after its investment bank struggled due to a slump in fixed income revenues. Barclays said on Tuesday its adjusted profit before tax was 1.69 billion pounds ($2.85 billion) in
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| Read more 6 May 2014 01:17 Barclays' senior U.S. tech banker to leave for Evercore- FTMay 6 (Reuters) - British bank Barclays Plc's senior technology banker in the United States will become the fifth top investment banker to leave the bank ahead of a strategic overhaul due this week, the Financial Times reported, citing people familiar with the matter. Stuart Francis, head Read more4 May 2014 12:49 Sunday newspaper round-up: AstraZeneca, Barclays, MothercarePfizer is preparing to put AstraZeneca in a "bear hug" by stating it will not increase its 63 billion pounds offer without getting a closer look at the UK company's drug prospects, the Sunday Times reported. The US giant will lobby Astra's shareholders to force it to enter talks and will also talk a Read more2 May 2014 20:14 MOVES- Barclays, RBC Wealth Management(Adds Nationawide, updates RBC) May 2 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email to moves@thomsonreuters.com. BARCLAYS PLC The British bank has named Andrew Jones and Eiji Nakai co-chief e Read more2 May 2014 20:13 Barclays head of M&A expected to quit - FTMay 2 (Reuters) - Barclays Plc's head of mergers and acquisitions is expected to quit, which would take to four the number of top executives the British bank has lost in the week before it unveils a strategic revamp, the Financial Times reported, citing people familiar with the bank. Paul P Read more2 May 2014 16:24 MARKET COMMENT: Royal Bank Of Scotland Leads FTSE 100 To Firm CloseLONDON (Alliance News) - The FTSE 100 ended modestly higher Friday ahead of a holiday weekend, having closed in positive territory every day this week. Throughout the week, the blue-chip index has been boosted by strong performances in turn by some of its key individual constituents, and Fr Read more2 May 2014 15:17 UK Earnings, Trading Statements Calendar - Week Ahead
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