The dollar pushed higher on Friday and Asian stocks clawed their way off session lows, moving past downbeat results on Wall Street as some investors wagered that upcoming U.S. data will paint an optimistic picture of the world’s largest economy. The dollar index, which tracks the greenback against a basket […]
Tag: Barclays
Banks face new probe over mortgage bond trades post 2008: WSJ
Federal regulators are probing whether several big banks deliberately mispriced mortgage bonds in the years following the financial crisis, the Wall Street Journal reported, citing people close to the inquiry. The new investigation is a potential blow to the banks as they have already paid billions of dollars in penalties […]
Barclays to launch €6.8bn rights issue
Barclays is set to launch its £5.8bn (€6.83bn) rights issue in two weeks, possibly on the fifth anniversary of its takeover of the US operations of Lehman Brothers. The one-in-four offer, priced at 185p a share, is expected in the third week of September, according to sources. Barclays did the […]
