Activist Bramson hits back at Barclays directors over strategy
The activist investor who is pushing for a strategic shift at Barclays has hit back at the bank’s directors after they urged shareholders to oppose his appointment to the board.
Barclays
Barclays directors oppose activist investor’s attempts to join board
Barclays bosses have opposed the appointment of activist investor Edward Bramson to the bank’s board, ahead of a meeting next month.
Ex-Barclays man found guilty of rate-rigging
A former Barclays banker has been convicted of manipulating Euribor interest rates at the height of the financial crisis.
Barclays investment bank chief quits amid overhaul
Barclays has embarked on a radical executive and organisational shake-up, with Tim Throsby, the boss of the investment banking division, quitting the lender as it battles an activist investor.
Barclays unveils £14bn fund for smaller businesses to deal with Brexit
Barclays has announced a £14 billion lending fund to help small businesses cope with Brexit.
WSL sponsorship sets up ‘three huge years’ – Kelly Simmons
A ground-breaking sponsorship deal for women’s football could mark the start of “three huge years” in the development of the sport, according to the Football Association’s Kelly Simmons.
Barclays boss poised for meeting with activist Bramson
Barclays boss Jes Staley will meet face-to-face with Edward Bramson next week, when the activist investor is expected to further elaborate on his vision for the banking giant.
Banks suffering major IT shutdowns ‘every day’, Which? reveals
Banks and building societies are being hit by more than one IT or security failure that potentially stops customers making payments every day, a Which? Money investigation has found.
Sir Gerry Grimstone to step down as chairman of Barclays’ investment arm
Sir Gerry Grimstone, chairman of Barclays’ investment banking and international arm, is to step down from his position at the end of the month.
Barclays bids to keep activist investor off board as it reveals £150m Brexit hit
Banking giant Barclays has insisted activist investor Edward Bramson should not take a seat on its board as it revealed flat profits and a £150 million hit to cover Brexit disruption.
Barclays to help small businesses cope with Brexit uncertainty
Banking giant Barclays has ramped up measures to help small businesses navigate the risks posed by continued Brexit uncertainty.
Barclays and Lloyds limber up as bank results keep on coming
Barclays is set to reveal a steep fall in annual profits on Thursday, adding to the banking giant’s headaches as it comes under pressure from an activist investor.
Tributes to bank lawyers killed in Italy avalanche
Tributes have been paid to the families of two lawyers killed in an avalanche in Italy’s Alps.
Barclays to shift £160 billion to Ireland as Brexit looms
Barclays has been given the green light to transfer 190 billion euros (£160 billion) worth of assets to Ireland.
Barclays boss says activist investor has not laid out demands
The Barclays chief executive has said that activist investor Edward Bramson, one of the lender’s largest shareholders, has not laid out his strategy for the bank.
Patisserie Valerie collapse puts thousands of jobs in jeopardy
Cake chain Patisserie Valerie has collapsed into administration, putting more than 3,000 jobs at risk.
Charges over Barclays fundraising dismissed
Charges against Barclays relating to its emergency fundraising from Qatar at the height of the financial crisis have been dismissed.
RBS agrees £3.6bn penalty in its efforts to clean up the business
Royal Bank of Scotland (RBS) said yesterday a £3.6 billion deal struck with the US Department for Justice was a “milestone moment” in its efforts to clean up the business.
Business in the north: What’s coming up this week?
UK banking and economic growth are under the spotlight this week, with experts forecasting mixed results and a weakening respectively.
New tool can help businesses manage key data
Banking giant Barclays has launched a tool to help businesses manage their key data all in one place.
Why are so many of Scotland’s budding young entrepreneurs losing their passion for business?
A leading bank says more needs to be done to translate youthful enthusiasm into entrepreneurship across Scotland.
Fierce Beer growth to be fueled by £120k funding package
A fledgling brewery in the north-east has secured a £120,000 funding package to increase production capacity more than six fold.
Barclays to sell French retail banking business
Barclays is to sell its French retail banking business to AnaCap Financial Partners as it continues to sell off non-core assets.
Market slide triggers halt in trading for RBS and Barclays
The Brexit vote has dealt a hammer blow to heavyweight financial stocks, with some shares being temporarily suspended this morning as the losses stack up
Moray retailer aiming high after acquisitions in Macduff and Buckie
Moray businessman Srinivas Badam said yesterday he had nearly doubled turnover at his retailing venture, MS Corp, after investing nearly £500,000 in a Buckie-based post office network and a convenience store in Macduff.
Top banker brings some cheer to beleaguered Aberdeen
Oil prices are on their way up and there is no new financial crisis about to derail recovery in the global economy, a top banker said on a visit to Aberdeen yesterday.
Aberdein Considine stretches its reach
North-east law firm Aberdein Considine has further diversified its business outside the region having secured new corporate and public sector clients.
Scotland a “millionaire’s playground”, according to new research
The number of millionaires in Scotland has soared over the past five years, according to new research.
FSB says competition probe into banking can fix market once and for all
A competition watchdog probe into small and medium-sized enterprise (SME) banking is a chance to end a duopoly in the market in Scotland, a business chief said yesterday.
British brand worth more than Scottish to overseas consumers
British branded goods are worth more to overseas consumers than those branded Scottish, English or Welsh, according to research commissioned by Barclays Corporate Banking.
Vein-reading device to unlock business bank accounts
The banking industry is upping its game in its fight against fraud.
Big four banks face competition shake-up
Britain's "big four" lenders are facing a full-scale competition probe over personal accounts and small business banking under plans set out by the watchdog yesterday.