Barclays

Barclays CEO probed over Epstein ties

UK financial regulators are probing historical links between Barclays chief executive Jes Staley and US financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, the bank said today.

Central Bank to probe commercial property-focused funds

The Central Bank will conduct a "deep dive" into the role of property funds in the domestic commercial real estate sector and assess whether a macroprudential response is needed to any potential risks, Governor Gabriel Makhlouf said.

Barclays joins rivals with cuts to CEO pension perks

Barclays is planning to cut the £396,000 pension allowance it pays chief executive Jes Staley by around half.

Barclays cautions on its profit targets

Britain's Barclays said a worsening global economic outlook means it may be hard to meet its profit targets, despite reporting better than expected results at its under-pressure investment bank in the third quarter.

EU fines five major banks for currency collusion

The European Commission has today fined Barclays, Citigroup, JP Morgan, Japan's MUFG and Royal Bank of Scotland a combined €1.07 billion for rigging the multi-trillion dollar foreign exchange market.

7 banks face EU competition fines for forex rigging

Barclays, Citigroup, HSBC, JPMorgan and three other banks are set to be fined by EU competition regulators in the coming weeks for rigging the multi-trillion dollar foreign exchange market, two people familiar with the matter said.

Barclays' first quarter profit falls by 10%

Profit at Barclays Bank fell 10% in the first quarter as its under-pressure investment bank struggled with tough markets, prompting it to signal further cost cuts if these conditions persist.

Barclays sets aside £150m for Brexit uncertainty

UK banking giant Barclays has revealed a £150m hit to cover Brexit uncertainty as it said annual profits edged 1% lower to £3.49 billion.

UK now one of the least predictable places for business

Barclays to double Irish workforce to 300

Barclays Bank is to expand its operations here, doubling its Irish workforce to 300 by the end of next year.

Barclays reports Q3 profit of £1.6 billion

Barclays today beat third quarter profit forecasts and reported higher revenues at its under-pressure investment bank, although its costs rose.

Barclays shifting ownership of branches to Ireland

Barclays has begun shifting direct ownership of its French, German and Spanish branches from a British-based entity to its Irish bank, according to sources with direct knowledge of the plans, ahead of Britain's exit from the European Union.

UK finance sector will dodge Brexit bullet - Barclays

The UK banking industry will emerge largely unscathed from Brexit and retain its position as one of the world's top two financial centres for the foreseeable future, Barclays' Chairman John McFarlane said.

Barclays to sell on £4 billion Irish loan book

Barclays will package up and sell on the £4 billion worth of Irish home loans that it bought from UK rival Lloyds today.

Lloyds sells Irish mortgage book to Barclays for £4bn

Lloyds Banking Group has sold its Irish residential mortgage portfolio to Barclays for around £4 billion in cash, as part of a plan to focus on its core UK market.

Barclays CEO Staley fined over whistleblower case

UK regulators and Barclays have fined the bank's chief executive Jes Staley a combined £1.1m after he tried to identify a whistleblower who sent letters criticising an employee of the bank.

Barclays reports better than expected Q1 profits

Improved income at its investment bank helped Barclays report a better than expected first quarter pretax profit of £1.7 billion today.

Barclays boss facing fine over whistleblower debacle

Barclays boss Jes Staley is facing a fine after regulators found he had allegedly breached conduct rules by attempting to identify a whistleblower in 2016.

Barclays gives dividend despite 2017 disappointment

Barclays showed its confidence in future earnings by restoring its full dividend, despite lacklustre investment banking income, restructuring costs and US tax reforms hitting the bank's 2017 bottom line.

Barclays eyes $1.3 billion writedown from US tax reform

Barclays expects to take a writedown of about £1 billion on its annual post-tax profit as a result of the US tax overhaul, the bank said in a statement today.

UK banks could cope with "disorderly" Brexit - BoE

Britain's banks all avoided bills for more capital in annual stress tests for the first time since 2014, but the Bank of England has warned of pain ahead if there is no Brexit deal.

Barclays' third quarter profits below expectations

Barclays has reported a worse than expected profit before tax for the third quarter of £1.1 billion as a weak trading performance in its investment bank dragged down group results.

Barclays agrees 20-year lease for Dublin office

Barclays has agreed a 20-year lease with commercial property firm Green REIT to rent over half of its flagship office development at One Molesworth St in Dublin city centre.