Search Results

Results 1 - 10

Barclays looks at offer from BlackRock

Business | Banking
2009-8-7

BRITISH bank Barclays Plc said yesterday United States investment manager BlackRock Inc's offer for its asset management arm, Barclays Global Investors, was a "compelling proposal" that could generate as much as 14.2...

Barclays in turnaround driven by investment

Business | Banking
2009-8-4

BARCLAYS PLC said yesterday that first-half net profit increased 10 percent on stronger earnings from its investment banking division, although losses from bad loans rose steeply and consumers in the United States...

Barclays targeting China as key market

Business | Banking
2009-7-2

BARCLAYS Plc plans to increase its Asian business contribution to 20 percent from last year's 12 percent of profits in a short time with China, a key market, the financial services group's chief executive said in...

BlackRock said to lead in BGI deal

Business | Banking
2009-6-9

BARCLAYS Plc is in talks to sell Barclays Global Investors, the British bank said yesterday, with United States fund manager BlackRock Inc the frontrunner to land the asset manager, according to people familiar with...

Barclays sees rise in Q1 profit to 12%

Business | Banking
2009-5-8

FIRST-QUARTER net income at Barclays PLC rose 12 percent from a year ago as investment banking profit surged from the acquisition of United States assets of bankrupt Lehman Brothers, though the bank posted a steep...

Barclays may offload iShares

Business | Banking
2009-3-17

BARCLAYS Plc, Britain's third-biggest lender, said that it had a "strong start" to 2009 and continues to perform well as it tries to bolster its capital without giving a stake to the government. Barclays also...

Barclays is the shining light of the UK banks

Business | Banking
2009-2-10

BARCLAYS Plc, the third-biggest United Kingdom bank by assets, said second-half profit rose more than analysts estimated, helped by one-off gains from the purchase of Lehman Brothers Inc assets and the sale of an...

Barclays seeks to shed 2,000 more jobs

Business | Banking
2009-1-15

BARCLAYS Plc, the United Kingdom's fourth-biggest bank, plans to eliminate as many as 2,000 jobs in its retail, commercial-banking and credit-card units, adding to cuts announced on Tuesday. "We will take all...

Barclays wins backing for rescue plan

Business | Banking
2008-11-25

BARCLAYS Plc won shareholder support to raise 7 billion pounds (US$10.5 billion) without surrendering control of its dividends and lending, Chairman Marcus Agius said. The bank, the second largest in the UK,...

Barclays share view changed

Business | Banking
2008-11-19

BARCLAYS PLC bowed to shareholder protests yesterday, saying it will let existing stockholders in on a share issue originally earmarked for private Middle Eastern investors. Barclays said the three Middle Eastern...