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Category: Barclays

  • Barclays CEO set for potential 45% pay hike to more than £14m

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    Investor Empires

    CS Venkatakrishnan, chief executive of Barclays, could see maximum salaries rise by 45 per cent to £14.3 million under an overhaul being considered by the lender’s board. The proposal would reduce his fixed salary by almost half, from £2.95m to £1.59m, but allow him to earn annual and long-term bonuses…

  • Barclays faces blow over car finance mis-selling as court upholds ombudsman ruling

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    Investor Empires

    Barclays has lost a pivotal legal challenge that strengthens the hand of car finance customers seeking damages for mis-sold loans. In a ruling with far-reaching implications for UK lenders, the High Court has rejected a bank judicial review of a Financial Ombudsman Service (FOS) decision, potentially opening the door to…

  • Barclays launches £22bn fund and new business prosperity index to support UK business growth

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    Investor Empires

    Barclays has launched the Business Prosperity Index, a new quarterly report that provides a detailed look at UK business performance and growth opportunities. Created in collaboration with the Center for Economics and Business Research (Cebr), the index combines data from more than one million Barclays business clients – including lending,…

  • Barclays launches £22bn fund and new business prosperity index to support UK business growth

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    Investor Empires

    Barclays has launched the Business Prosperity Index, a new quarterly report that provides a detailed look at UK business performance and growth opportunities. Created in collaboration with the Center for Economics and Business Research (Cebr), the index combines data from more than one million Barclays business clients – including lending,…

  • Kuberno raises £9.5m in series a funding co-led by Barclays and Nasdaq Ventures

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    Investor Empires

    Kuberno, a global provider of legal entity management software, has closed its Series A funding round totaling £9.5 million, including a recent investment of £6 million from Barclays and Nasdaq Ventures. This capital infusion follows Nasdaq Ventures’ initial investment in March 2023, and Kuberno has since achieved impressive growth, tripling…

  • Kuberno raises £9.5m in series a funding co-led by Barclays and Nasdaq Ventures

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    Investor Empires

    Kuberno, a global provider of legal entity management software, has closed its Series A funding round totaling £9.5 million, including a recent investment of £6 million from Barclays and Nasdaq Ventures. This capital infusion follows Nasdaq Ventures’ initial investment in March 2023, and Kuberno has since achieved impressive growth, tripling…

  • Barclays calls for downsizers tax break to free up 3.8m homes

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    Investor Empires

    Barclays Bank, one of Britain’s largest mortgage lenders, has called on the government to offer tax breaks and financial incentives for downsizers to encourage them to move to smaller homes, potentially freeing up 3.8 million properties for families. The bank is proposing to allow downsizers to offset moving costs against…

  • China’s stimulus measures were “bigger guns, but no bazooka,” Barclays says By Investing.com

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    Investor Empires

    Investing.com – China’s move to roll out new stimulus measures helped lift investor sentiment, but analysts at Barclays said more support is needed to sustain the rally. Earlier this week, Beijing unveiled a raft of new policies aimed at supporting China’s struggling economy and ailing housing sector, including lowering interest…

  • Fed’s drag on the dollar may soon peak: Barclays By Investing.com

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    Investor Empires

    Investing.com – With the U.S. Federal Reserve approaching a major turning point in its monetary policy tightening cycle, pressure on the currency could soon peak. Analysts at Barclays point out that while further weakness in the dollar is possible, the worst of its decline may be over. The evolving outlook…

  • Barclays remains bullish on US dollar amid political shifts By Investing.com

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    Investor Empires

    Barclays Bank has addressed concerns about the future of the US dollar, saying reports of its collapse are exaggerated despite the current political climate. The company’s confidence in the currency comes amid a turbulent political landscape, with the Republican Party nominating Trump and Vance, and the Democratic Party seeing major…

  • NVIDIA consensus suggests a lot of imminent AI energy is needed: Barclays By Investing.com

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    Investor Empires

    In a recent thematic investment report, Barclays analysts discussed the energy demand that is set to accompany the rise of AI technologies, with a particular focus on NVIDIA (NASDAQ:)’s role in this landscape. According to analysts, the expected power needs associated with advances in artificial intelligence highlight a crucial aspect…

  • Barclays sees 54% upside in Delek

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    Investor Empires

    Barclays raises target price on Israeli energy company Delek Group Limited (level:Delicate). Barclays sees a potential 54% upside in Delek’s share price and a 24% upside in Delek’s Mediterranean energy exploration and production unit. Newmed Energy (Level: NWMD). Related Articles […] The post Barclays sees 54% upside in Delek first…

  • QT to end this December with hardly a whimper: Barclays By Investing.com

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    Investor Empires

    The US Federal Reserve’s quantitative easing programme will end in December without causing major market disruption, analysts at Barclays said in a recent note. As they point out, this is in stark contrast to the abrupt end of quantitative easing in 2019, which caused a financing shock. The analysis released…

  • Barclays Suspends Festival Sponsorship Amid Protests

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    Investor Empires

    Barclays has suspended its sponsorship of all 2024 music festivals organized by Live Nation, including popular events such as Download, Latitude and the Isle of Wight Festival. This decision comes after the protests and withdrawals of many artists due to Barclays’ investment relationships with arms companies that trade with Israel.…

  • Barclays, HSBC, Virgin Money and others spent $63.3 million to help resolve banking complaints for business customers—the project failed

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    Investorempires.com

    A £50 million ($63.3 million) service to fix problems between banks and their small business clients is set to close after three years. When the business banking solution, backed and funded by a group of lenders, was launched in February 2021, the industry belief 60,000 customers will be eligible to…

  • Barclays, HSBC, Virgin Money and others spent $63.3 million to help resolve banking complaints for business customers—the project failed

    •

    Investorempires.com

    A £50 million ($63.3 million) service to fix problems between banks and their small business clients is set to close after three years. When the business banking solution, backed and funded by a group of lenders, was launched in February 2021, the industry belief 60,000 customers will be eligible to…