Welcome!
Barclays Plc
Zest
Credit Suisse was part of foreign-exchange 'conspiracy network,' lawyer says
Credit Suisse is the only one of the banks to go to trial, which kicked off Tuesday following jury selection.
October 12, 2022
Company in the news
OCBC said to weigh bid for StanChart-backed Indonesian bank
(Aug 15): Oversea-Chinese Banking Corp. is weighing a bid for Standard Chartered Plc’s Indonesian bank, people with knowledge of the matter said, a move that may create the country’s fifth-largest lender. OCBC shares fell.
August 15, 2019
M&A
Barclays mulls possible merger with StanChart and even 'hypothetical combo' with DBS, reports FT
SINGAPORE (May 23): Barclays Plc has been exploring a potential merger with rival banks including Standard Chartered Plc, as part of wide-ranging contingency plans being weighed by senior board members following pressure from an activist investor, the Fin
May 23, 2018
Global Economy
Deutsche Bank cuts 2016 bonus pool by almost 80%, FAS reports
BERLIN (Feb 27): Deutsche Bank AG cut its bonus pool for 2016 by almost 80%, Frankfurter Allgemeine Sonntagszeitung reported, a figure unmatched in the bank’s recent history as it tries to counteract the impact of low interest rates and legal expense
February 27, 2017
Freepoint pushes Into Asia energy and metals as rivals pull back
NEW YORK (Oct 11): Freepoint Commodities LLC is planning a push into Asia, seeking to hire metals and energy traders from Singapore to Shanghai as it moves into the gap left by rival trading houses and the retreat of big banks.
October 11, 2016
Barclays private bankers defect before OCBC acquisition
(Oct 6): Standard Chartered Plc has stepped up its hiring from Barclays Plc’s private-banking team in Hong Kong ahead of the transfer of the business to Oversea-Chinese Banking Corp., in a move that underscores the stiff competition for wealth managers
October 06, 2016
OCBC said to consider sale of stake in United Engineers again
SINGAPORE (Sept 26): Oversea-Chinese Banking Corp. and affiliates are again weighing the sale of their stake in United Engineers, a century-old Singapore property and construction company, according to people with knowledge of the matter.
September 26, 2016
Barclays said to be cutting about 100 Singapore technology jobs
SINGAPORE (Sept 6): Barclays Plc is cutting about 100 jobs from its information technology operation in Singapore as part of moves to reduce costs, according to people with knowledge of the matter.
September 06, 2016
Europe bankers see US$2.5 bil of bonuses vanish in stock rout
LONDON (Aug 31): Investment bankers at Europe’s biggest securities firms are watching their bonuses melt.
August 31, 2016