Barclays

Barclays plc is a British multinational investment bank and financial services company, headquartered in London. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and investment management.

(source: home.barclays)

Report: Twitter Debt Could Come Back to Bite Banks
Report: Twitter Debt Could Come Back to Bite Banks
October 25, 2023  |  Debt

It’s been nearly a year since seven banking giants helped Elon Musk buy Twitter. Now, those lenders are dealing with the impact of that decision on...

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Goldman Sachs Appoints David Kamo as Global Head of Financial Sponsor M&A
Goldman Sachs Appoints David Kamo as Global Head of Financial Sponsor M&A
October 24, 2023  |  Personnel

Goldman Sachs is appointing David Kamo as its global head of financial sponsor mergers and acquisitions (M&A). Kamo’s new role will involve leading the bank’s efforts in working...

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PNC Financial Group Begins Reducing Workforce by 4%
PNC Financial Group Begins Reducing Workforce by 4%
October 13, 2023  |  Personnel

PNC Financial Group began staff reductions that will decrease its workforce by 4%. The move is expected to reduce the company’s 2024 expenses by $325...

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JPMorgan Announces First Client Trade on Tokenized Network
JPMorgan Announces First Client Trade on Tokenized Network
October 11, 2023  |  Blockchain

J.P. Morgan Chase says it has marked a milestone with its tokenized collateral network (TCN). The banking giant announced Wednesday (Oct. 10) that the network had...

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Barclays Analysts See Meta as Well-Positioned for Growth in AI
Barclays Analysts See Meta as Well-Positioned for Growth in AI
October 05, 2023  |  artificial intelligence

Barclays analysts reportedly believe that Meta Platforms, with its integration of artificial intelligence (AI) technology into its apps, is well-positioned for growth in the AI industry. The...

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Barclays CEO Says Job Cuts Are in Line With Industry
Barclays CEO Says Job Cuts Are in Line With Industry
September 11, 2023  |  Banking

Barclays Plc plans to cut hundreds of jobs, following many other financial institutions that have done the same. CEO C.S. Venkatakrishnan told CNBC Monday (Sept. 11) that...

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Xbox Teams With Mastercard to Unveil First Credit Card 
Xbox Teams With Mastercard to Unveil First Credit Card 
September 11, 2023  |  Credit Cards

Microsoft-owned gaming platform Xbox is debuting its first co-branded credit card in the U.S. The Barclays-issued Mastercard, announced Monday (Sept. 11), will be available on Sept. 21 exclusively...

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Report: Barclays Considers Selling Part of Its UK Payments Business
Report: Barclays Considers Selling Part of Its UK Payments Business
September 04, 2023  |  Acquisitions

British bank Barclays is reportedly considering selling part of its payments business. The bank could sell a stake in its unit that processes merchant payments, Reuters reported Monday...

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M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
August 21, 2023  |  Fintech Investments

The FinTech industry has experienced significant growth in recent years, but it is has not been immune to economic headwinds. In fact, rising interest rates,...

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