Barclays is a British multinational banking and financial services company headquartered in London, United Kingdom. It is a universal bank and is organised within two business 'clusters': Corporate & Investment Banking and Wealth Management, and Retail & Business Banking.



Bear Stearns - It's All Over

In the end, the end came quickly. Caught in a liquidity squeeze brought on, in the main, by lack of confidence in the durability of its business model, Bear Stearns became the first major casualty of the US subprime lending crisis Sunday, when it agreed to be taken over by JPMorgan Chase for $240m - significantly less than Friday's market capitalization of $3.4bn.

The Fed seeks to permanently bar Barclays trader

The Federal Reserve Board on Friday announced that it is seeking to permanently bar Peter Little, the former head of the foreign exchange (FX) spot desk at Barclays Bank in New York, from employment in the banking industry and to impose a $487,500 fine on him.

Barclays Canary Wharf

Barclays ordered to hand over emails

A U.K. judge on Friday ordered Barclays to hand over emails detailing its 2008 emergency capital raising to PCP Capital Partners, a private-equity group suing the bank alleging it made "sham payments" to encourage Middle Eastern investors to pump billions of dollars into the lender at the height of the financial crisis.

Citi Building Sign

People News: Deutsche Bank, Barclays, Citi

Jason Haas and David Levin, Deutsche Bank's top U.S. healthcare investment bankers, have resigned to join Barclays and take leading roles in its healthcare practice, according to people familiar with the matter.