Barclays

(IN BRIEF) The Vienna Stock Exchange faced a challenging year in 2023, marked by high interest rates, persistent inflation, and geopolitical tensions that impacted European stock markets. Despite these unfavorable conditions affecting trading activity, the exchange achieved a record year … Read the full press release →

(IN BRIEF) Groupe BPCE has made significant senior executive appointments to strengthen its leadership team. Corinne Cipière has been named the Chief Executive Officer of BPCE Assurances, responsible for life & personal protection insurance and non-life insurance. Philippe Setbon has … Read the full press release →

(IN BRIEF) Consumer spending in the UK saw a rebound in November, driven by early Christmas shopping and extended Black Friday sales, according to a Barclays report. Consumer card spending grew 2.9% year-on-year, although it was still lower than the … Read the full press release →

(IN BRIEF) Eni, the energy company, has signed a Sustainability-Linked revolving credit line for a duration of five years, amounting to €3 billion. This credit facility is tied to two sustainability targets outlined in Eni’s Sustainability-Linked Financing Framework, which was … Read the full press release →

(IN BRIEF) Barclays has announced the appointment of Jean-Baptiste (JB) Patois as the Head of Equity Derivatives ex-Strategic Derivatives, Asia Pacific, based in Hong Kong. In this role, Mr. Patois will lead the Exotics and Flow Derivatives teams. He will … Read the full press release →

(IN BRIEF) The Vienna Stock Exchange has announced the addition of a new international trading member, Barclays Bank Ireland PLC, effective from November 15, 2023. Barclays’ participation in the exchange is seen as a strategic move to provide comprehensive and … Read the full press release →

(IN BRIEF) According to data from the Barclays Business Barometer, UK retailers are embracing an early start to the Christmas season, with 49% of them opting to display festive goods earlier this year to help customers spread the cost of … Read the full press release →

(IN BRIEF) Barclays has sounded an alarm ahead of this year’s Black Friday and Cyber Monday sales, citing a 22% increase in money lost to purchase scams during the same period last year. Purchase scams, which involve buying products that … Read the full press release →

(IN BRIEF) Barclays has introduced the Demo Directory, a novel online platform that allows UK businesses to connect with potential investors, regardless of their banking affiliation. This free service aims to simplify and expedite access to capital, offering opportunities for … Read the full press release →

(IN BRIEF) Barclays has appointed Denise Wong as the Head of Sustainable and Impact Banking for the Asia Pacific region. Based in Hong Kong, Wong will advise corporate and institutional clients on sustainability initiatives as they transition to a low-carbon … Read the full press release →

(IN BRIEF) Barclays LifeSkills is introducing a new strategy to address unemployment and social inequality, with a focus on underrepresented and underserved groups in the UK. The program aims to provide skills and employment opportunities to individuals facing barriers to … Read the full press release →

(IN BRIEF) Barclays has appointed Emma Taylor as the Global Head of Internet Coverage and Carmen Chan as a Managing Director of Internet Coverage within the Technology Investment Banking division. Emma Taylor, with nearly 20 years of experience in Technology … Read the full press release →

(IN BRIEF) UK small and medium-sized businesses (SMEs) are expected to contribute to significant employment growth this quarter, with the potential to hire up to 3.5 million people. This positive projection is based on data from the Barclays Business Barometer, … Read the full press release →

(IN BRIEF) A new study from Barclays reveals that 76% of UK citizens feel unsafe on social media platforms due to scams, with 87% of scams originating on tech platforms. Scams have risen by 24% in the past quarter, led … Read the full press release →

(IN BRIEF) Consumer card spending in the UK grew by 4.0% YoY in July, driven by the hospitality and leisure sector as Brits spent more on getaways, dining out, and entertainment like concert tickets. Spending on supermarkets grew at a … Read the full press release →

(IN BRIEF) Barclays has appointed James Edmonds as the Global Head of Sustainable Project Finance within its Corporate and Investment Bank. Based in New York, Edmonds will collaborate across the organization to offer project financing solutions that aid clients in … Read the full press release →

(IN BRIEF) Aviva, the leading home insurer in the UK, has entered into an agreement with Barclays UK to acquire its home insurance portfolio, which consists of 350,000 customers. The acquisition will support Aviva’s growth in the retail insurance business … Read the full press release →

(IN BRIEF) Barclays has announced the expansion of its M&A franchise through the appointment of Dan Grabos as Co-Head of Americas M&A, alongside Larry Hamdan. In addition to his new role, Grabos will continue serving as Co-Head of Industrials M&A. … Read the full press release →

(IN BRIEF) Barclays has conducted research revealing that over 65s in the UK could potentially earn nearly £700 by selling unwanted items online. However, despite having an average of 18 items they would like to sell, only a quarter of … Read the full press release →

(IN BRIEF) Consumer card spending in the UK showed a year-on-year growth of 5.4% in June, driven by warm weather and increased socializing at pubs and bars. Spending on groceries surged by 9.5%, although shoppers remain concerned about “shrinkflation” and … Read the full press release →