Barclays accelerates retreat from the high street


Barclays accelerates retreat from the high street

Barclays Bank is adding to a wave of branch closures across the UK, announcing plans to shut an additional 27 sites this year

Barclays UK ‘Street Talk’. Homes: they’re emotional

Episode 3 – Homes: they’re emotional
What does ‘home’ mean to you? Whether it’s a safe haven to retreat to or somewhere to show off, a home is so much more than mere bricks and mortar.
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Barclays beats retreats in Africa

Barclays was one the few western banks to blaze a trail into sub-Saharan Africa. Now it is preparing to stage a gradual retreat.

According to the Wall Street Journal, Barclays executives have concluded that being the majority owner of a sprawling African business no longer fits with the bank’s strategy.

The bank is said to be drawing up plans to sell some of its 62% stake in its Barclays Africa group, the publicly traded entity that houses most of its African business

The decision is part of…

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Multinational bank Barclays in legal trouble, sued for $17.6 bn debt sale blunder | Latest | WION

One of the top banks in the world, Barclays is now in legal trouble. It has been sued in the US District Court in Manhattan.

#US #Barclays #Manhattan

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Barclays Flags $591 Million Hit on ‘Bizarre’ Bond Flub

Barclays Plc says the bank will take a 450 million-pound ($591 million) hit and delay a share buyback after issuing almost double as many structured notes and exchange traded notes as it had registered for sale. Tom Metcalf reports on “Bloomberg Daybreak: Europe.”