Barclays

(IN BRIEF) Fugro has secured a new €400 million financing package, consisting of a €100 million term loan and a €300 million revolving credit facility with improved terms and a five-year maturity, extendable by up to two years. This replaces … Read the full press release →

(IN BRIEF) Barclays’ Property Insights Report reveals an 8.2% year-on-year rise in rent and mortgage costs in November, driven by homeowners transitioning to higher interest rates. Energy efficiency improvements, such as insulation and solar panels, are a priority for a … Read the full press release →

(IN BRIEF) Barclays is establishing a Private Bank booking centre in Singapore, reinforcing its commitment to Asia as a key wealth hub. The centre, set to launch by 2026, will allow ultra-high-net-worth (UHNW) clients and global family offices (GFOs) to … Read the full press release →

(IN BRIEF) Barclays has completed the acquisition of Tesco Bank’s retail banking business, including credit cards, loans, and deposits, now managed under Barclays UK. This acquisition, supported by a new 10-year partnership with Tesco, will enable Barclays to offer Tesco-branded … Read the full press release →

(IN BRIEF) Barclays has reduced interest rates on four of its Green Loans for Business to support UK agriculture and SMEs in their efforts to reduce emissions and enhance biodiversity. This move is part of Barclays’ commitment to financing the … Read the full press release →

(IN BRIEF) Barclays has appointed Martin Douglass as the new Head of Financial Sponsors M&A. With nearly 15 years of investment banking experience, Douglass joins Barclays from Morgan Stanley, where he was a Managing Director. In his new role, Douglass … Read the full press release →

(IN BRIEF) Amazon and Barclays have launched the Amazon Barclaycard, a new co-branded credit card in the UK that rewards customers for everyday spending. The card offers up to 2% back in Amazon Barclaycard Rewards, with 1% on Amazon purchases … Read the full press release →

(IN BRIEF) Barclays, a leading global financial institution, has announced the appointment of Christian Wagner as the Head of Investment Banking for Germany, Austria, and Switzerland (DACH). In this role, Mr. Wagner will oversee the entire Investment Banking business for … Read the full press release →

(IN BRIEF) Barclays issues a cautionary alert to sports and entertainment enthusiasts as reports of purchase scams, especially in ticketing, surged in July 2023, with men losing an average of £325 and women £156 to ticket scams. The bank’s data … Read the full press release →

(IN BRIEF) Unreasonable Impact, in collaboration with Barclays, has unveiled the latest cohort of ventures joining its Asia Pacific program, aimed at fostering sustainable solutions to pressing societal and environmental challenges. The 12 ventures selected span diverse sectors, from healthcare … Read the full press release →

(IN BRIEF) The highly anticipated Eras Tour by Taylor Swift is poised to inject a staggering £997 million into the UK economy, according to new data from Barclays. Swifties attending the tour are expected to spend an average of £848 … Read the full press release →

(IN BRIEF) Barclays has publicly disputed claims by The Bureau of Investigative Journalism (BIJ) regarding its financing activities, specifically accusing BIJ of inaccurately attributing a disproportionate share of sustainability-linked financing to the bank. BIJ reported that Barclays facilitated $41 billion … Read the full press release →

(IN BRIEF) Barclays is actively financing the transition of the energy sector by implementing strict policies and reducing financed emissions by 44% in the Energy sector and 26% in the Power sector from 2020 to 2023. Despite facing criticism for … Read the full press release →

(IN BRIEF) Barclays has extended its partnership with British Gas to offer residential mortgage customers a discounted British Gas Home Health Check for £50, including an Energy Performance Certificate (EPC) at no extra cost. Aimed at addressing homeowners’ confusion about … Read the full press release →

(IN BRIEF) Barclays has announced the appointment of Stephen Pick as Head of M&A for EMEA, Pier Luigi Colizzi as Chairman of M&A for EMEA, and Asim Mullick as Head of M&A for Financial Sponsors for EMEA. These appointments underscore … Read the full press release →

(IN BRIEF) Barclays and the Lawn Tennis Association (LTA) have launched a new five-year partnership aimed at getting 150,000 people playing tennis more regularly in parks across Britain. Through the initiative “Barclays Free Park Tennis,” free volunteer-led tennis sessions will … Read the full press release →

(IN BRIEF) Barclays reinforces its commitment to supporting clients in transitioning to a low-carbon economy by appointing Rafael Abati as Co-Head of the Energy Transition Group (ETG) in EMEA, alongside Marie Freier. With almost two decades of experience from UBS … Read the full press release →

(IN BRIEF) AGL Credit Management LP (“AGL”) and Barclays Plc (“Barclays”) have announced an exclusive Cooperation Agreement and the introduction of a new private credit investment platform, AGL Private Credit (“AGL PC”). AGL PC merges AGL’s established credit expertise with … Read the full press release →

(IN BRIEF) Unreasonable Impact, a collaboration between Unreasonable Group and Barclays, has unveiled 13 new ventures joining its UK & Europe programme, each dedicated to tackling pressing global challenges. The ventures, ranging from food waste reduction to sustainable reforestation and … Read the full press release →

(IN BRIEF) Omar Faruqui, Barclays’ Co-Head of M&A for Europe, Middle East, and Africa, has been appointed as the Director General of the UK Takeover Panel, commencing a two-year secondment from Barclays starting May 1, 2024. The UK Takeover Panel, … Read the full press release →