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

Berlin-Based InsurTech wefox Raises $110 Million to Build International Business
Berlin-Based InsurTech wefox Raises $110 Million to Build International Business
May 17, 2023  |  Insurance

Berlin-based InsurTech wefox has raised $110 million to further strengthen its insurance and distribution business. That total includes $55 million in a revolving credit facility from J.P....

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TD Bank Reportedly Will Need Years to Address Regulators’ Concerns
TD Bank Reportedly Will Need Years to Address Regulators’ Concerns
May 15, 2023  |  Bank Regulation

Although TD Bank has capital on hand to make acquisitions, it reportedly won’t be able to make them in the United States. A Barclays analyst said the regulatory...

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Barclays and TransferMate Streamline International Receivables for UK Businesses
Barclays and TransferMate Streamline International Receivables for UK Businesses
May 08, 2023  |  Cross-border Payments

Barclays and TransferMate are collaborating on a new international receivables solution for U.K. businesses. By leveraging TransferMate’s global payments infrastructure, the new solution will allow...

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Wall Street Banks Look to Begin Trading in Private Debt
Wall Street Banks Look to Begin Trading in Private Debt
March 29, 2023  |  Markets

Wall Street banks are reportedly interested in trading private credit loans. JPMorgan Chase, Barclays and Goldman Sachs are among the companies that are in discussions...

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Contactless Cards Dominate in UK as Mobile Wallets Poised to Increase
Contactless Cards Dominate in UK as Mobile Wallets Poised to Increase
March 02, 2023  |  Payment Methods

Contactless card usage is firmly entrenched in the U.K. and goes as far back as 2007, when the popular OnePulse was launched. In fact, recent...

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Fines, Interest Rate Hike Set 2023 Tone as UK Big Four Cap Year
Fines, Interest Rate Hike Set 2023 Tone as UK Big Four Cap Year
February 22, 2023  |  Banking

In this report, PYMNTS takes a look at the 2022 full-year performance of the U.K.’s “Big Four” banks — Barclays, HSBC, Lloyds and NatWest. Barclays...

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Barclays ‘Bitterly Disappoints’ With 15% Drop in Profit
Barclays ‘Bitterly Disappoints’ With 15% Drop in Profit
February 15, 2023  |  Earnings

British bank Barclays is apparently still suffering the cost of an $361 million administrative error. The bank on Wednesday released a full-year earnings report showing...

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UK Mortgage Lenders Agree on Measures to Help Struggling Borrowers
UK Mortgage Lenders Agree on Measures to Help Struggling Borrowers
December 28, 2022  |  Loans

The U.K.’s largest mortgage lenders have agreed on measures to help struggling borrowers. The new measures follow a meeting between the chancellor, Jeremy Hunt, and...

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Major Banks Incorporate New UK Company to Promote Shared Hubs
Major Banks Incorporate New UK Company to Promote Shared Hubs
December 19, 2022  |  Banking

The U.K.’s major banks have joined forces to protect consumers’ access to cash. A new nonprofit company called Cash Access UK has been set up...

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