Tue Mar 1, 2016/Reuters Barclays Plc reported a 2 percent fall in full-year adjusted pre-tax profit on Tuesday and unveiled plans to simplify its UK & international operations to boost returns and cut costs, primarily by exiting its historic African business. The British lender said it would sell down its […]
Tag: Barclays Plc
Portugal Holds Second 2014 Bond Sale as Bailout Exit Approaches
Portugal is selling debt maturing in 2024 via banks, according to a person familiar with the plan, its second bond sale this year as the nation approaches the end of its three-year international bailout program. The additional 10-year securities may yield 320 to 325 basis points more than the mid-swap […]
Exclusive: Banks in Libor probe consider group settlement-sources
A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash by going it alone, people familiar with the banks’ thinking said. Such discussions are preliminary, and it is unclear if regulators will enter these […]
