Tag Archives: Barclays

Unreasonable Impact UK & Europe Programme Welcomes 13 Ventures Addressing Climate and Social Challenges

(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

Barclays’ Omar Faruqui Appointed Director General of UK Takeover Panel

(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

Barclays Expands Reach with Acquisition of Tesco Retail Banking Business and Exclusive Partnership Deal

(IN BRIEF) Barclays Bank UK PLC has announced its agreement to acquire Tesco’s retail banking business, marking a significant strategic move to expand its offerings and distribution channels in the UK. This acquisition, along with an exclusive long-term partnership to … Read the full press release

Barclays Intensifies Climate Commitment with New Climate Change Statement and Transition Finance Framework

(IN BRIEF) Barclays reinforces its dedication to addressing climate change by releasing a revised Climate Change Statement and unveiling a Transition Finance Framework. The updated statement outlines stringent measures, including restrictions on financing for certain energy projects and requirements for … Read the full press release

Barclays Strengthens Credit Trading Leadership in Asia Pacific with Abhay Kumar Sinha Appointment

(IN BRIEF) Barclays has announced the appointment of Abhay Kumar Sinha as the Co-Head of Credit Trading for Asia Pacific. Based in Singapore, Mr. Sinha, with over 25 years of experience in the credit industry, joins Barclays from Deutsche Bank, … Read the full press release

Barclays Appoints Ryan Voegeli as Head of Investment Banking for Canada

(IN BRIEF) Barclays has announced the appointment of Ryan Voegeli as the new Head of Investment Banking for Canada. With two decades of investment banking experience, Voegeli joins Barclays from CIBC Capital Markets, where he served as the Head of … Read the full press release

Barclays Strengthens Research Team with Chief Japan Economist Hire, Mr. Naohiko Baba

(IN BRIEF) Barclays has welcomed Mr. Naohiko Baba as Managing Director, Chief Japan Economist, and Head of Japan Research, effective from January 1, 2024. With over 30 years of industry experience, Mr. Baba will lead Barclays’ macroeconomic research efforts for … Read the full press release

Barclays Appoints JB Patois as Head of Equity Derivatives for Asia Pacific

(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

UK Retailers Roll Out Early Christmas Displays to Boost Festive Sales

(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

Barclays Issues Warning as Purchase Scams Surge During Black Friday and Cyber Monday

(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

Barclays Launches Demo Directory: A Game-Changer for UK Businesses Seeking Investment

(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

Barclays Strengthens Sustainability Focus with New Asia Pacific Head

(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

Barclays LifeSkills Unveils Bold Initiative to Tackle Unemployment and Bridge Social Divides

(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

Barclays Bolsters Internet Banking Team with Key Appointments: Emma Taylor as Global Head and Carmen Chan as Managing Director

(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

UK SMEs Poised to Drive Employment Growth: Expected to Hire 3.5 Million People This Quarter

(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

Barclays Urges Tech Giants to Combat Growing Scams on Platforms

(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

Live Entertainment and Summer Spending Boost UK Hospitality & Leisure Sector

(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

Barclays Strengthens Sustainable Project Finance Leadership with New Global Head

(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

Barclays Strengthens M&A Franchise with Key Appointments

(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

Barclays Encourages Over 65s to Tap into Online Marketplaces and Clear Clutter, Unlocking Potential £700 Boost

(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

UK Card Spending Shows Growth in June, but Concerns Remain Over Inflation and Shrinkflation

(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

Research Reveals Misconceptions Hindering Homeowners from Energy Efficiency Retrofits

(IN BRIEF) A study by Barclays and Ipsos has identified misconceptions as a key factor preventing homeowners from making energy efficiency retrofitting upgrades to their homes. The research highlights that homeowners overestimate the cost of common energy efficiency modifications and … Read the full press release

Barclays Supports Moray West Offshore Wind Farm, Paving the Way for Scotland’s Renewable Energy Goals

(IN BRIEF) Barclays has provided a £95.5 million loan to Moray West, an offshore wind farm development in the Moray Firth, Scotland. The project aims to supply 50 percent of Scotland’s electricity, powering approximately 1.33 million homes and reducing CO2 … Read the full press release

Barclays Strengthens G10 FX Trading with Key Appointments of Torsten Schöneborn and Jerry Minier

(IN BRIEF) Barclays has appointed Torsten Schöneborn and Jerry Minier as Co-Heads of G10 FX Trading. Torsten brings over 15 years of experience, previously serving in key roles at BNP Paribas and Deutsche Bank. Jerry, with more than 18 years … Read the full press release

Barclays Strengthens Industrials Team with Appointment of Yuri Shakhmin as Managing Director

(IN BRIEF) Barclays has announced the appointment of Yuri Shakhmin as a Managing Director in the Global Industrials Group within its Investment Banking division. Shakhmin’s extensive experience and track record in advising industrial clients make him a valuable addition to … Read the full press release

Barclays Partners with Trade Ledger to Revolutionize Working Capital Finance for Corporate Clients

(IN BRIEF) Barclays has announced its investment in Trade Ledger’s working capital orchestration platform, aiming to enhance its working capital finance solutions for corporate clients globally. The partnership will bring industry-leading credit management automation and end-to-end solutions to Barclays Corporate … Read the full press release

Barclays Announces Scott McDavid and Ronnie Wexler as Global Heads of Equities

(IN BRIEF) Barclays has announced the appointment of Scott McDavid as Global Head of Equities and Ronnie Wexler as Global Head of Equities Distribution. Scott, formerly from Morgan Stanley, will lead the Barclays Global Equities team, while Ronnie, previously at … Read the full press release

Barclays to join LSEG and Microsoft Design Partner Programme for enhanced customer solutions

(IN BRIEF) LSEG and Barclays have entered into a new multi-year strategic partnership to enhance delivery for customers and clients and prepare for the next generation in financial services. The agreement includes a wide range of capabilities to support Barclays … Read the full press release

Barclays partners with British Gas to offer energy-efficient home solutions

(IN BRIEF) Barclays has announced a strategic partnership with British Gas aimed at promoting energy efficiency for homes. The partnership will offer a 50% discount on a Hive Thermostat Mini for Barclays UK residential mortgage customers. The partnership is a … Read the full press release

Barclays Report Reveals Brits’ Pandemic Habits That Have Stood the Test of Time

(IN BRIEF) Barclays has released new insight into consumer trends that have endured since the start of the UK’s first lockdown three years ago. The bank’s data shows that almost one in three Brits has started a new small business … Read the full press release

Barclays célèbre une décennie de soutien aux anciens combattants et met à jour le Pacte des forces armées

(ACTUALITÉ EN BREF) Barclays annonce des engagements mis à jour pour soutenir la communauté des forces armées par le biais du Pacte des forces armées, une décennie après son engagement initial. Les nouvelles promesses comprennent un soutien sur mesure pour … Read the full press release

Barclays celebrates decade of supporting military veterans, updates Armed Forces Covenant

(IN BRIEF) Barclays announces updated pledges to support the Armed Forces Community through the Armed Forces Covenant, a decade after its initial commitment. The new pledges include tailored support for veteran entrepreneurs, bespoke employment support for service leavers, and support … Read the full press release

Barclays s’engage à offrir un service alternatif en personne dans les fermetures de succursales communautaires

(ACTUALITÉ EN BREF) Barclays étend son format bancaire flexible “Barclays Local” en réponse à l’évolution des besoins des clients. La banque étend son service d’assistance bancaire en personne Barclays Local de plus de 70 sites en 2023, en plus des … Read the full press release

Barclays Commits to Alternative In-Person Service in Community Branch Closures

(IN BRIEF) Barclays is expanding its “Barclays Local” flexible banking format in response to changing customer needs. The bank is expanding its Barclays Local in-person banking support service by over 70 sites in 2023, in addition to 200 opened in … Read the full press release

Porsche AG, a prominent sports car manufacturer, goes public on the Prime Standard on the Frankfurt Stock Exchange

(PRESS RELEASE) FRANKFURT, 29-Sep-2022 — /EuropaWire/ — Deutsche Börse Group (ETR: DB1), an international exchange organisation and innovative market infrastructure provider, has announced that Porsche AG (Dr. Ing. h.c. F. Porsche Aktiengesellschaft), a prominent sports car manufacturer, has gone public … Read the full press release

Porsche AG, un important constructeur de voitures de sport, entre en bourse sur le Prime Standard de la Bourse de Francfort

(COMMUNIQUÉ DE PRESSE) FRANKFURT, 29-Sep-2022 — /EuropaWire/ — Deutsche Börse Group (ETR : DB1), une organisation d’échange internationale et un marché innovant fournisseur d’infrastructures, a annoncé que Porsche AG (Dr. Ing. h.c. F. Porsche Aktiengesellschaft), un important constructeur de voitures de … Read the full press release

Barclays and StepChange research: rising cost of living leads to an increased popularity of Buy Now Pay Later (BNPL) purchases

Over a third of shoppers say ‘Buy Now Pay Later’ (BNPL) lending has become more appealing due to the current cost-of-living crisis BNPL users are now paying off 4.8 BNPL purchases on average – up from 2.6 in February this … Read the full press release

Étude Barclays et StepChange : la hausse du coût de la vie entraîne une popularité accrue des achats Buy Now Pay Later (BNPL)

Plus d’un tiers des acheteurs déclarent que les prêts “Buy Now Pay Later” (BNPL) sont devenus plus attrayants en raison de la crise actuelle du coût de la vie Les utilisateurs de BNPL remboursent désormais 4,8 achats BNPL en moyenne, … Read the full press release

Arif Vohra to co-lead Investment Banking Financial Institutions Group for Barclays in EMEA

(PRESS RELEASE) LONDON, 23-Jun-2022 — /EuropaWire/ — Barclays (LON: BARC), a British multinational universal bank, has announced that Arif Vohra, as a new appointment, will co-lead Investment Banking Financial Institutions Group (FIG) for Barclays Corporate and Investment Bank in EMEA … Read the full press release

Arif Vohra co-dirigera le groupe des institutions financières de banque d’investissement pour Barclays dans la région EMEA

(COMMUNIQUÉ DE PRESSE) LONDON, 23-Jun-2022 — /EuropaWire/ — Barclays (LON : BARC), une banque universelle multinationale britannique, a annoncé qu’Arif Vohra, en tant que nouvelle nomination, codirigerait Investment Banking Financial Institutions Group (FIG) pour Barclays Corporate and Investment Bank en EMEA … Read the full press release