Barclays registers 923 million pounds first quarter profit

Barclays registers 923 million pounds first quarter profit

Financial services major Barclays has reported 923 million pounds of pretax profit during the first quarter compared to 1.5 billion pounds pretax profit during the same period last year.

SFO to question former Barclays’ chief over Barclays-Qatar probe

A number of former executives of Barclays, including former chief executive officer Robert Diamond, will be questioned by the Serious Fraud Office (SFO) over a 2008 controversial bailout deal with Qatari investors.

Emerging reports suggest that the SFO has asked twelve former executives of Barclays to be questioned under caution.

Barclays all set to announce sweeping restructuring plan

British lender Barclays Plc is all set to announce a sweeping restructuring plan that would likely cut thousands of jobs and shrink its investment arm.

Scotland will be UK’s leading tourist hotspot by 2017: Barclays

Scotland will become the UK's tourist hotspot by the year of 2017 as the number of foreign visitors to Scotland will increase faster than the national average, according to a fresh research by Barclays' Retail, Hospitality and Leisure teams.

SFO starts criminal proceedings against Barclays’ three ex-employees

Britain's Serious Fraud Office (SFO) has confirmed that it has started criminal proceedings against three more former employees of Barclays for their suspected role in the manipulation of the London interbank offered rate

Barclays preparing to slash thousands of jobs

London-based Barclays is reportedly preparing to slash thousands of jobs at its investment banking division under a strategic review that aims to cut costs and boost profits.