Bonus pool rises 23% as performance improves; ex-CEO Staley's bonuses frozen pending Epstein dispute
Foreign brokerage Barclays said the Indian economy is likely to have expanded by 6.6 per cent in the December quarter.
The lender turned to a London court after a Dubai judge ordered Bavaguthu Raghuram Shetty to pay the money after his foreign exchange business failed to meet a transaction agreement
Barclays to expand private banking in Singapore from its base in India
Barclays Plc plans to make key hires in investment banking and wealth management across Asia next yea
M&A activity by Indian companies rose to $61 billion in 2021 as compared to $56.7 billion reported in calendar 2020
The latest investigation focused on foreign exchange (forex) spot trading of G10 currencies
C S Venkatakrishnan, widely known as Venkat, was previously the head of Global Markets
C S Venkatakrishnan, head of global markets for the bank, will take over as chief executive; shares take a hit
Staley will be replaced as CEO by the bank's head of global markets C.S. Venkatakrishnan
Barclays argues the market environment isn't similar to what happened during the collapse of Lehman Brothers
With this infusion, the bank's total invested capital in the country will increase to over Rs 8,300 crore
The nation is facing an 8% rainfall deficit, which will impact future sowing and harvesting seasons, pressuring consumer prices and squeezing the agriculture sector, Barclays chief India economist
India Ratings and Research (Ind-Ra) has assigned long-term issuer default rating for Indian branch of Barclays Bank Plc (BBPLC) at AAA with a stable outlook.
Banks have added billions of dollars to bonus pools as they try to reassure restless staff they will be rewarded in 2021 after a lean 2020.
Barclays shares were up 3% at 1130 GMT.
Investors managing $4.2 trillion on Wednesday called on some of the world's biggest banks to toughen their climate and biodiversity policies or risk rebellions at their next annual meetings
Our pessimistic tail-risk scenario assumes another wave of infections and a two-month period of restrictions that disrupt economic activity, Barclays said
A British brokerage on Tuesday cut India's FY22 GDP growth estimate by a sharp 0.80 per cent to 9.2 per cent, saying the economic impact of the second wave of infections has been deeper than expected
Barclays has maintained FY22 real GDP growth forecast at 11 per cent y-o-y - at least for now, cautioning against the downside risk if the covid-19 lockdowns and night curfews are tightened further