Tag: Banking

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Barclays faces $590 million hit

British bank Barclays faces an estimated 450 million pound loss and regulatory scrutiny for exceeding a U.S. limit on sales of structured products, some...

UK sanctions Alfa, Gazprombank and Lavrov’s step daughter

Britain sanctioned another wave of Russia's banks, critical industries and a host of members of its elite. This includes Gazprombank, Alfa Bank, and a...

Britain aligns with EU on delaying Basel bank capital rules

The Bank of England said that it planned to delay implementing a final set of post-financial crisis capital requirements for banks until January 2025....

Goldman Sachs raised COO pay by 78%

Goldman Sachs Group Inc President and Chief Operating Officer John Waldron's total compensation for 2021 was $33 million. This is up nearly 78% from a...

Barclays suspends sales of two products linked to oil, volatility

British bank Barclays said that it had suspended the sales and issuance of two exchange-traded notes (ETNs) with combined assets of about $1 billion. In...

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