Tag: Barclays

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Ex Barclays banker says faced racial hostility after whistleblowing

A former Barclays (BARC.L) banker alleges he was undermined, harassed and denied appropriate compensation and promotion because of his Cameroonian background after raising concerns about how...

Barclays shares tumble 9% as profit disappoints

Barclays (BARC.L) reported a 14% fall in full-year pretax profit on Wednesday as earnings were poleaxed by surging costs, a collapse in deal fees and multi-million...

UK regulator probes Barclays over anti-money laundering systems-FT

Britain's financial regulator is investigating Barclays PLC (BARC.L) for suspected failings in its compliance and anti-money laundering systems, the Financial Times reported on Friday. The Financial Conduct Authority (FCA)...

Barclays turns bullish on European banks, downgrades utilities sector

Barclays analysts on Monday upgraded Europe's banking sector, as it sees benefits of higher interest rates and healthy financials, but the British investment bank...

Rising interest rates have a sting in the tail for Europe’s banks

Rising borrowing costs are giving a long-awaited lift to Europe's beleaguered banks, but they come with a sting in the tail. Last year central banks...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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