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.

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Barclays Reportedly Struggling to Sell Merchant Payments Stake

Barclays Reportedly Struggling to Sell Merchant Payments Stake
Barclays Reportedly Struggling to Sell Merchant Payments Stake
September 15, 2024  |  Banking

Barclays is reportedly having trouble unloading a stake in its U.K. merchant payments unit. That’s according to a report Friday (Sept. 13) by Reuters, which...

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Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
September 11, 2024  |  Banking

Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected....

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Goldman Takes $400M Hit From Consumer Loans
Goldman Takes $400M Hit From Consumer Loans
September 10, 2024  |  Banking

Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. The deal, if it goes through,...

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Barclays US Consumer Bank Launches Savings Product With Tiered Rates
Barclays US Consumer Bank Launches Savings Product With Tiered Rates
July 17, 2024  |  Banking

Barclays US Consumer Bank has launched a savings product that provides higher rates on higher balances. The new Barclays Tiered Savings product aims to offer...

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Citi Names Barclays Vet James Morris as UK Commercial Banking Head
Citi Names Barclays Vet James Morris as UK Commercial Banking Head
July 15, 2024  |  Personnel

Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British banking giant Barclays, is expected...

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Case Against Big Banks Overcharging on Corporate Bonds Revived
Case Against Big Banks Overcharging on Corporate Bonds Revived
July 02, 2024  |  Legal & Regulation

A lawsuit accusing 10 banking giants of overcharging investors on corporate bonds has been resurrected. The reason, as Reuters reported Tuesday (July 2), is because...

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Report: Goldman Could Hand off GM Card to Barclays
Report: Goldman Could Hand off GM Card to Barclays
April 30, 2024  |  Banking

Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance...

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Ex-Barclays CEO Bob Diamond Chairs TikTok Challenger Triller
Ex-Barclays CEO Bob Diamond Chairs TikTok Challenger Triller
April 28, 2024  |  Social Commerce

The former CEO of Barclays is now chairing TikTok challenger Triller. As the Financial Times (FT) reported Saturday (April 27), Bob Diamond has been chairing Triller owner AGBA since September...

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Barclays Veteran Marc Page to Join Metro Bank as CFO
Barclays Veteran Marc Page to Join Metro Bank as CFO
February 29, 2024  |  Personnel

Metro Bank has appointed Barclays veteran Marc Page as chief financial officer. Page will join the U.K. bank and its board Sept. 2, subject to regulatory approval, Metro Bank said...

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