Barclays returns to Saudi Arabia with Riyadh office, names investment banking chief
The office opening follows Barclays receiving an operational licence from Saudi Arabia's CMA to conduct investment banking and global markets activities...
Tag : Barclays
Day after launching personal loans in UK, Revolut faces Bank of England review
By offering unsecured personal loans, Revolut enters a lucrative consumer lending market dominated by the United Kingdom’s largest banks...
British banks make first interbank transactions using tokenised deposits
Lloyds, NatWest and Barclays test blockchain-based bank money as lenders move towards programmable payments and digital asset settlement...
AirBaltic files for Chapter 11 bankruptcy as Iran war drives up fuel costs
AirBaltic, known as Latvia's flagship carrier, now seeks to restructure its debt pile and survive the deepening sector-wide crisis...
European financial firms set for record 228 billion euro in payouts
Banks and insurers are on course to hand shareholders their biggest-ever haul of dividends and buybacks, capping a historic run for the sector...
Europe’s banking sector extends two-year bull run on record profits
The sector's remarkable resurgence in the past 2-1/2 years came after more than a decade of rock-bottom interest rates and concerns about eurozone debt...
Revolut hits USD 115 billion valuation, surpassing Barclays and Societe Generale
While Barclays has a valuation of almost USD 95 billion, Revolut sits far behind industry giant HSBC, valued at nearly USD 350 billion...
BoE tweaks lifetime loss estimate for QE programme at 85 billion pounds
According to the estimates, the BoE will continue to unwind its portfolio of government bonds at the current rate of 100 billion pounds annually....
Britain is on a mission to build back greener
The country is developing a world-class green finance research centre in Leeds and London...
European proptech platform Offr secures £2.7 mn in seed funding
The funding round was led by Barclays...