Barclays investment bank profits split nearly 50pc
Weeks after shareholders protested against Barclays pay policies, the groups quarterly results reveal slumping figures.
Barclays
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Standard Life F C take on Barclays over bonus pot
Asset managers lead protests over performance
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HSBC Private Bank hires new UK investment head
Oliver Gregson joins as head of private bank UK investment group
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State Street expands ETF range with new product
Short maturity corporate bond funds are looking popular as State Street launches its product.
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Barclays WIM grows client assets 10percent
According to the group’s final results to 31 December 2013, the division now has client assets of £204.8bn, up from £186bn for the previous year. Both its total and net operating income figures were largely flat, with a 4% decline in net operating income, to just more than £1.7bn. Total operating expenses were 21% higher…
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expect less vigorous but more balanced
Investors are still placing too much faith in central banks, and investors could be in for a bumpier ride if monetary normalisation proceeds more briskly than expected, says Barclays Wealth and Investment Managements European CIO Kevin Gardiner.
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barclays reveals new pricing structure
Barclays Stockbrokers has announced its new pricing structure after Fidelity and Hargreaves Lansdown revealed their hands.
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stock market setback overdue
Barclays Wealth and Investment Management believes a stock market setback is long overdue and has been adding further to its cash positions.
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Sants bows out of Barclays role
Hector Sants has decided to leave Barclays after taking some time out due to stress.
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Bulk of Barclays clients accept AIG offer
Barclays' wealth arm set aside a £22m provision during the summer to compensate clients invested in the suspended AIG Enhanced Variable Rate fundm and after sweetening its offer it is understood most affected clients have accepted.
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Cost of image overhaul drags down Barclays profits
Profits in the wealth arm of Barclays have been dragged down 68% by the bank’s costly image overhaul, while a fresh scandal over currency price manipulation is brewing.
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barclays Lloyds FCA cpmplaints regulation
Barclays Bank has topped the Financial Conduct Authority’s list of most complained about firms, with Lloyds, Bank of Scotland and Santander UK following closely behind.