Barclays - updates

Rappler's latest stories on Barclays

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Swiss regulators fine banks over forex rigging 'cartels'

Jun 06, 2019 - 9:10 PM

Barclays, Citigroup, JPMorgan, MUFG Bank, and Royal Bank of Scotland are hit with fines totaling around $90 million

A logo is picture above a branch of Barclays bank in central London on July 25, 2018. (Photo by Daniel LEAL-OLIVAS / AFP)

May seeks more time for Brexit talks

Feb 12, 2019 - 6:10 PM

(UPDATED) Deal or no deal, Britain is due to leave the European Union on March 29, and a disorderly exit could cause chaos

BREXIT. A Union Jack hangs down next to European Union flags fluttering in front of the European Commission building. File photo by Emmanuel Dunand/AFP

May, Juncker hold 'robust' Brexit meet, agree new talks

Feb 07, 2019 - 9:04 PM

(UPDATED) A joint statement says European Commission chief Jean-Claude Juncker has again warned that November's withdrawal agreement cannot be renegotiated

BREXIT. Pro-EU anti-Brexit demonstrators wave an EU flag outside the Houses of Parliament in central London on December 13, 2017. File photo by Daniel Leal-Olivas/AFP

UK steps up no-deal Brexit plans with 3,500 soldiers on standby

Dec 19, 2018 - 12:09 PM

Brexit Secretary Steve Barclay says ministers still hope to secure backing for Prime Minister Theresa May's agreement in a House of Commons vote delayed until next month

BREXIT. File photo shows an EU flag with one of the stars symbolically cut out in front of the UK Houses of Parliament. File photo by Oli Scarff/AFP

PH brand Tanduay Rum partners with Brooklyn Nets, Barclays Center

Mar 09, 2017 - 9:00 AM

The partnership makes Tanduay the official rum of the arena and the NBA team

PARTNERSHIP. Tanduay partners with Barclays Center and the Brooklyn Nets. The photo shows a general view of Barclays Center in 2014. Alex Goodlett/Getty Images/AFP

London's City finance hub braces for possible Brexit

May 25, 2016 - 1:30 PM

Big banks insurance giants trading exchanges and accounting firms prepare contingency measures in case Britain leaves the European Union

epa05265778 A general view of the financial district of the City of London, London, Britain, 18 April 2016. The debate continues in British media over the potential economic consequences the UK will face if the so-called 'Brexit' goes ahead. Britain on 23 June will vote in a referendum whether to stay or to leave the Euopean Union. EPA/HANNAH MCKAY

7 banks to pay $324M to settle suit alleging interest rate manipulation

May 05, 2016 - 12:35 AM

The banks are accused of conspiring to set the daily benchmark rate for interest rate exchange contracts

epa02913523 (FILE) A file photo dated 22 April 2008 showing a view of a Bank of America branch in New York, New York, USA. Bank of America Corporation reported 12 September 2011 it would slash some 30,000 jobs within the coming years. The move is part of a strategy to cut costs and comes after a reorganization of the bank's management last week. Bank of America hopes to be able to save some five billion USD per year. EPA/JUSTIN LANE

Arsenal vs Tottenham Hotspur: Peluang The Gunners jaga asa juara

Nov 08, 2015 - 3:15 PM

Arsenal tampaknya harus memilih prioritas perburuan gelar juara jika ingin musim ini menghasilkan sesuatu

Penyerang Arsenal Danny Welbeck saat menghadapi Tottenham Hotspur di White Hart Lane, London, dalam laga Liga Inggris pada 7 Februari 2015. Foto oleh Sean Dempsey/EPA

7 dosa besar Jose Mourinho di Premier League musim ini

Nov 08, 2015 - 11:29 AM

Kalah lagi Chelsea terpuruk di posisi 16 klasemen sementara Premier League musim ini Berikut 7 dosa Jose Mourinho

KECEWA. Manajer Chelsea Jose Mourinho kecewa atas kekalahan timnya dalam pertandingan melawan Liverpool. Foto oleh Justin Tallis/AFP

Lower remittances seen in Q3

Oct 21, 2015 - 1:29 PM

Barclays ING Bank say the weakness of regional currencies against the US dollar have been holding some overseas Filipinos from sending more money back home

Russia says state news agency bank account closed in UK

Jul 13, 2015 - 11:42 PM

The closure is due to European Union sanctions against Kiselyov over Russia s takeover of Crimea from Ukraine says the Russian foreign ministry

'TOGETHER FOREVER' Crimean people spread a huge Russian flag with white words in it saying 'Russia Crimea Together Forever' and inhabitants' inscriptions during a rally to mark anniversary of controversial referendum to join Russia, in Simferopol, Crimea, 16 March 2015. Artur Shvarts/EPA

Barclays sees PH central bank adjusting rates in Q4

Jul 08, 2015 - 6:00 PM

Barclays says it is unlikely BSP would join other central banks in easing monetary policy citing the risk of El Niño among others

WATCH: Guy pretends to be NBA Draft pick, enjoys NYC night life

Jun 27, 2015 - 3:07 PM

One blogger got a taste of what it s like to be a star athlete in the big city after posing as the newest draft pick of the Utah Jazz

HIGH LIFE. Connor Toole is the life of the party as the newest member of the Utah Jazz. Or so they think. Screen shot from YouTube

US, Britain fine 6 top banks nearly $6B for forex, Libor abuses

May 20, 2015 - 4:58 PM

UPDATED US UK regulators say forex traders from the banks had met in online chatroom groups to set rates that cheated customers while adding to their own profits

FOREX RATES. Pedestrians are reflected on a window of a bank as it displays the foreign exchange rates in New York on February 5, 2015. Jewel Samad/AFP

Miguel Cotto to face Daniel Geale on June 6

Apr 16, 2015 - 5:47 AM

RING magazine middleweight champion Miguel Cotto will face former titleholder Daniel Geale on June 6 at Barclays Center in Brooklyn N Y

FIRST DEFENSE. Miguel Cotto will face Australian Daniel Geale at Barclays Center in Brooklyn. Photo by Jason Szenes/EPA

New 'Game of Thrones' to premiere at New York arena

Mar 06, 2014 - 2:48 PM

Seven thousand seats will be available at the Barclays Center for a charity screening of GoT season 4 s first 2 episodes

INTENSE. 'Game of Thrones' season 4 is set to be the biggest season to date. Graphic by Mara Mercado

HSBC, 4 other banks sued for manipulating gold prices

Mar 06, 2014 - 10:41 AM

Five banks at the center of London s gold trade have been sued in New York for manipulating prices in the latest accusation of fraudulent collusion in the global finance hub

A class suit was filed against 5 big banks in New York over alleged manipulation of prices of gold and gold derivatives. AFP PHOTO

Surge in foreign investments may hurt PH - Barclays

Apr 23, 2013 - 8:30 AM

The British bank says high foreign inflows will cause the peso to appreciate

DOUBLE-EDGED. Foreign investments may strain the country's current account balance. Photo from AFP

Barclays picks new chairman to steer bank amid Libor crisis

Aug 10, 2012 - 8:57 AM

Barclays says industry veteran David Walker would become its new chairman from November succeeding Marcus Agius who resigned over the Libor rate rigging scandal that has rocked the British bank

Barclays sees net profits slump, apologizes for Libor affair

Jul 27, 2012 - 3:44 PM

The London listed bank was last month fined £290 million by British and US regulators after admitting that it attempted to manipulate the Libor and Euribor rates between 2005 and 2009

4 banking giants under spotlight in Libor scandal: FT

Jul 19, 2012 - 10:04 AM

Regulators are investigating Credit Agricole HSBC Deutsche Bank and Societe Generale over the Libor manipulation scandal that claimed the boss of British bank Barclays

RATE-RIGGING. Britain tightens the screws on troubled banks, vowing to overhaul a "broken" Libor interest rate system that damaged the financial sector's reputation and threatening to imprison those who abused it. File photo by AFP

Barclays crisis sparked by murky deals on Euribor and Libor

Jul 05, 2012 - 9:56 AM

The crisis blew up one week ago when Barclays was fined £290 million 452 million 360 million euros by British and US regulators for attempted manipulation of the twin markets between 2005 and 2009

RATE-RIGGING. Britain tightens the screws on troubled banks, vowing to overhaul a "broken" Libor interest rate system that damaged the financial sector's reputation and threatening to imprison those who abused it. File photo by AFP

Barclays bank chief executive Diamond resigns

Jul 03, 2012 - 3:54 PM

Barclays chief executive Bob Diamond has resigned with immediate effect over a rate rigging scandal at the British banking giant the company says in a shock announcement

Barclays chairman to quit: BBC

Jul 02, 2012 - 9:49 AM

Marcus Agius will announce that he is to leave his post in the face of public and political fury over the bank s efforts to distort the rate at which banks lend to each other