Trading firms and employees raised concerns about high-speed traders at Barclays’ dark pool months before the New York attorney general alleged in June that the firm lied to clients about the extent of predatory trading activity on the electronic trading venue, according to people familiar with the firms
Barclays is a British multinational banking and financial services company headquartered in London, United Kingdom. It is a universal bank and is organised within two business 'clusters': Corporate & Investment Banking and Wealth Management, and Retail & Business Banking.
Barclays and Deutsche Bank face scrutiny over their sale of products to a hedge-fund manager that allowed it to skirt borrowing limits and avoid taxes, according to people with knowledge of the matter.
Barclays saw a 37% decline in the number of U.S. shares that traded in its dark pool during the week that it was sued by New York for allegedly lying to customers of that venue.
Barclays has named Jonathan Glionna as its head of U.S. equity strategy research.
The unit is said to resemble something of a revolving door,
Barclays boss Antony Jenkins faces one of the biggest tests of his leadership this month when he decides whether the bank should fight accusations it deceived and defrauded customers in the United States.
Barclays named Patrick Kwan and Reid Marsh co-heads of investment banking for the Asia-Pacific region to lead the division following departures and job cuts.
Barclays' planned sale of its index business could yield close to $1bn, more than double what the bank had expected.
Goldman Sachs has hired London-based oil marketer Roy Golender as vice president of energy sales from Barclays, a company spokesman said on Wednesday.
Barclays has named Gary Posternack global head of mergers and acquisitions, said a person briefed on the matter.
Mumbai - Barclays Capital has announced the appointments of Bhuvnesh Singh as Head of Equity Research, India and Neel Shahani as Head of Equity Sales Trading, India.
It's the way he tells 'em!
Many of these are incredible.
Here's the 'story' of Amazing Grace, the former Lehman Brothers fixed income salesperson who went on to become an exotic dancer (and more).
eFinancialCareers reports that one of the more interesting things to emerge of the series of financial scandals is that, even now, trading floor banter remains a cross between a frat house and a rugby team.
Europe’s banks face a further $50bn of legal costs as they catch up with their U.S. counterparts, according to analysts at Morgan Stanley.
A drop in trading at the Barclays dark pool being probed by U.S. prosecutors is fueling speculation CEO Antony Jenkins will shut it.
So who is new Barclays CEO Anthony Jenkins ?
Here's the Thomson Reuters M&A league table for any Japanese involvement (announced deals) for the period Jan - June 2013.
A holiday resort owner from Cornwall said on Friday he would receive £1.5m in compensation from Barclays for a mis-sold interest rate swap.