Saturday 4 July 2015
 
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Barclays

Second quarter M&A close to record amid mega deals

Mergers and acquisitions (M&A) worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share.

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UBS to pay $545m over forex scandal

UBS will pay $545 million to US authorities to end an investigation into alleged manipulation of currency rates, a settlement that will help the Swiss bank to move on after a series of trading scandals. The amount was lower than e

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Barclays, Invapay launch new payment service in UAE

UK-based Invapay, a payment technology company has teamed up with Barclays, an international financial services provider, have launched a new payment service in the UAE. The new solution ePayment – Purchase and Pay opens up

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Barclays wins right to claim $4bn in Lehman assets

The US Supreme Court on Monday allowed Barclays Plc to claim about $4 billion of disputed assets as part of its hurried purchase of much of Lehman Brothers Holdings Inc's brokerage unit at the height of the 2008 financial crisis.

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GIB unit fund appoints Barclays for brokerage services

GIB Emerging Markets Opportunities Fund, the flagship hedge fund of GIB (UK), has appointed Barclays Bank to provide additional prime brokerage services to the fund. GIB UK is a subsidiary of Bahrain-based Gulf International Bank

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Agency asks ex-Barclays staff for evidence in Qatar case

Britain's anti-fraud agency has asked former Barclays executives to give evidence as part of an investigation into undisclosed payments the bank made to Qatari investors in 2008, the Financial Times reported, citing sources. T

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Barclays taps vein biometrics in bank fraud fight

Barclays is launching a finger scanner for corporate clients and will roll out voice recognition for millions of retail clients next year as it steps up use of biometric recognition technology to combat banking fraud. The British

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ADIB completes Barclays unit purchase

Abu Dhabi Islamic Bank (ADIB) said it has formally completed the purchase of Barclays’ UAE retail banking business from the British lender. As per the new deal, ADIB and Barclays will now work closely to ensure the seamless

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Barclays appoints key official for Mideast

Barclays has appointed Jeroen Reyes Stolker as head of Trade & Working Capital for the Middle East region. Reporting to Baihas Baghdadi, managing director, head of Trade & Working Capital International at Barclays, Stolker

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Barclays names chairman for Mena

British lender Barclays has named Makram Azar as its chairman for the Middle East and North Africa, a spokesman for the bank confirmed on Sunday. Azar, who is also global vice chairman of investment banking, has been with Barclays

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