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Barclays Outage Explained: Thousands Affected After UK Bank Faces Glitch
Customers of Barclays, the UK's second-largest bank, experienced problems in making payments and transfers over a technical glitch that has continued for three days now.
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Taylor Swift Worldwide Eras Tour Hands UK Economy $1.3 Billion Boost: Study
Taylor Swift's worldwide Eras Tour will boost the UK economy by almost £1 billion ($1.3 billion) as fans splash the cash to see the US music star, Barclays bank estimated Wednesday.
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Barclay Family Regains Control Of UK's Telegraph Group After Debt Repaid
The Barclay family, owner of Telegraph Media Group, has repaid a £1.2-billion bank debt, lender Lloyds said Monday, paving the way for a possible sale to an Abu Dhabi-backed fund.
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Board Of Kotak Mahindra Bank Appoints Ashok Vaswani As MD And CEO Of Bank
Vaswani, who has worked with Barclays in the recent past, will succeed Uday Kotak, who quit as the MD of the bank effective September 1.
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Adani's Unit Secures $394 Million Financing Facility For Solar Module Plant
Adani Enterprises said on Thursday its new renewable energy-focused unit raised a working capital loan of $394 million from Barclays and Deutsche Bank AG for its integrated solar module manufacturing facility.
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Elon Musk-Twitter Takeover: Banks Said to Be Forced to Hold on to Twitter Deal Debt
Days ahead of the deadline for Elon Musk to close the deal to purchase Twitter, the banks that are providing $13 billion (roughly Rs. 1,07,300 crore)Â in financing for the deal are said to have dropped their plans to syndicate the debt to investors. Instead, the banks such as Morgan Stanley, Barclays, and Bank of America could keep it on their bala...
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Goldman Sachs Invests in Billionaire Alan Howard’s Crypto Trading Platform, Barclays Joins In
British bank Barclays has joined Goldman Sachs in investing in British billionaire Alan Howard’s crypto trading platform, Elwood Technologies. Down Capital as well as venture units of Commerzbank AG and billionaire Michael Novogratz Galaxy Digital Holdings Ltd, a crypto merchant bank, emerged as other investors who participated in the funding rou...
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British Banks Fund Supplies To Help Coronavirus-Stricken India
Barclays has funded 1 million pounds ($1.4 million) worth of medical supplies for India in the last week, as British banks with big operations in the country increase support to their own staff and wider communities.
-
Coronavirus Lockdown: Meru Cabs Partners With Banks To Provide Transport Facility To Employees
Meru cabs have partnered with major banks like the State Bank Of India (SBI), Kotak Mahindra, RBL, Barclays and Union Bank to provide travel services to bank employees.
-
Indian-Origin Banker Jailed In Singapore For Cheating Clients Of Millions
An Indian-origin private banker was sentenced to 13 years jail on Thursday in Singapore, after he pleaded guilty to 20 forgery and cheating charges, and another 30 charges under the Computer Misuse Act for USD 10 million.
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Barclays To Pay $2 Billion Fine For 2008 Financial Crisis Era Fraud: US
British banking giant Barclays has agreed to pay a $2 billion fine to resolve a fraud case involving mortgage derivatives sold in the run-up to the 2008 global financial crisis, the US Justice Department said Thursday.
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Indian-Origin Bank Employee Jailed For Money Laundering In UK
An Indian-origin Barclays Bank employee from London has been jailed for over six years for his role in a conspiracy to launder over 2.5 million pounds.
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World's First ATM Machine Turns To Gold On 50th Birthday
To commemorate the anniversary, Barclays transformed the ATM at its Enfield branch into gold, added a commemorative plaque and placed a red carpet in front for its users.
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Ex-Barclays CEO Charged With Fraud Over Qatar Funding
Britain's Serious Fraud Office said Tuesday it had charged Barclays and four former employees, including a chief executive, with "conspiracy to commit fraud" linked to emergency fundraising from Qatar during the financial crisis.
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UK Banks 'Handled' $740 Million In Laundered Russian Money: Reports
Several British banks allegedly processed nearly $740 million in a multi-billion dollar Russian money-laundering scam, The Guardian newspaper reported on Monday.
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Barclays Outage Explained: Thousands Affected After UK Bank Faces Glitch
Customers of Barclays, the UK's second-largest bank, experienced problems in making payments and transfers over a technical glitch that has continued for three days now.
-
Taylor Swift Worldwide Eras Tour Hands UK Economy $1.3 Billion Boost: Study
Taylor Swift's worldwide Eras Tour will boost the UK economy by almost £1 billion ($1.3 billion) as fans splash the cash to see the US music star, Barclays bank estimated Wednesday.
-
Barclay Family Regains Control Of UK's Telegraph Group After Debt Repaid
The Barclay family, owner of Telegraph Media Group, has repaid a £1.2-billion bank debt, lender Lloyds said Monday, paving the way for a possible sale to an Abu Dhabi-backed fund.
-
Board Of Kotak Mahindra Bank Appoints Ashok Vaswani As MD And CEO Of Bank
Vaswani, who has worked with Barclays in the recent past, will succeed Uday Kotak, who quit as the MD of the bank effective September 1.
-
Adani's Unit Secures $394 Million Financing Facility For Solar Module Plant
Adani Enterprises said on Thursday its new renewable energy-focused unit raised a working capital loan of $394 million from Barclays and Deutsche Bank AG for its integrated solar module manufacturing facility.
-
Elon Musk-Twitter Takeover: Banks Said to Be Forced to Hold on to Twitter Deal Debt
Days ahead of the deadline for Elon Musk to close the deal to purchase Twitter, the banks that are providing $13 billion (roughly Rs. 1,07,300 crore)Â in financing for the deal are said to have dropped their plans to syndicate the debt to investors. Instead, the banks such as Morgan Stanley, Barclays, and Bank of America could keep it on their bala...
-
Goldman Sachs Invests in Billionaire Alan Howard’s Crypto Trading Platform, Barclays Joins In
British bank Barclays has joined Goldman Sachs in investing in British billionaire Alan Howard’s crypto trading platform, Elwood Technologies. Down Capital as well as venture units of Commerzbank AG and billionaire Michael Novogratz Galaxy Digital Holdings Ltd, a crypto merchant bank, emerged as other investors who participated in the funding rou...
-
British Banks Fund Supplies To Help Coronavirus-Stricken India
Barclays has funded 1 million pounds ($1.4 million) worth of medical supplies for India in the last week, as British banks with big operations in the country increase support to their own staff and wider communities.
-
Coronavirus Lockdown: Meru Cabs Partners With Banks To Provide Transport Facility To Employees
Meru cabs have partnered with major banks like the State Bank Of India (SBI), Kotak Mahindra, RBL, Barclays and Union Bank to provide travel services to bank employees.
-
Indian-Origin Banker Jailed In Singapore For Cheating Clients Of Millions
An Indian-origin private banker was sentenced to 13 years jail on Thursday in Singapore, after he pleaded guilty to 20 forgery and cheating charges, and another 30 charges under the Computer Misuse Act for USD 10 million.
-
Barclays To Pay $2 Billion Fine For 2008 Financial Crisis Era Fraud: US
British banking giant Barclays has agreed to pay a $2 billion fine to resolve a fraud case involving mortgage derivatives sold in the run-up to the 2008 global financial crisis, the US Justice Department said Thursday.
-
Indian-Origin Bank Employee Jailed For Money Laundering In UK
An Indian-origin Barclays Bank employee from London has been jailed for over six years for his role in a conspiracy to launder over 2.5 million pounds.
-
World's First ATM Machine Turns To Gold On 50th Birthday
To commemorate the anniversary, Barclays transformed the ATM at its Enfield branch into gold, added a commemorative plaque and placed a red carpet in front for its users.
-
Ex-Barclays CEO Charged With Fraud Over Qatar Funding
Britain's Serious Fraud Office said Tuesday it had charged Barclays and four former employees, including a chief executive, with "conspiracy to commit fraud" linked to emergency fundraising from Qatar during the financial crisis.
-
UK Banks 'Handled' $740 Million In Laundered Russian Money: Reports
Several British banks allegedly processed nearly $740 million in a multi-billion dollar Russian money-laundering scam, The Guardian newspaper reported on Monday.
