Shares of American Airlines Group (AAL) soared 15% Thursday after the carrier announced it had signed a new, exclusive credit card partnership with Citi (C), which will be taking over Barclays' (BCS) share of the portfolio.
Shares of American Airlines Group (AAL) soared 11% Thursday after the carrier announced it had signed a new, exclusive credit card partnership with Citi (C), which will be taking over Barclays' (BCS) share of the portfolio.
American Airlines chooses Citi as sole credit card partner, drops Barclays
BCS agrees to settle the lawsuit concerning securities fraud for overselling its debt securities by paying $19.5 million in charges.
Barclays has agreed to pay $19.5 million to settle a securities fraud lawsuit filed by shareholders in Manhattan federal court, over its misstep in selling $17.7 billion more debt than US regulators had authorized. The settlement, which was filed in court on Tuesday, is subject to approval by US District Judge Katherine Polk Failla.
Barclays agreed to pay $19.5 million to settle a lawsuit in Manhattan by shareholders who accused the British bank of securities fraud after it sold $17.7 billion more debt than regulators allowed.
Are you not entertained? If Russel Crowe's legendary gladiatorial hero Maximus Decimus Meridius were to posit this question to UK consumers in November 2024, the answer would be a resounding yes.
Barclays CEO C.S. Venkatakrishnan said he was looking forward to being "useful" to the British bank "for some time to come", in a discussion about its CEO succession planning at a conference on Tuesday.
Mitul Kotecha, Head of Asia FX and EM Macro Strategy at Barclays, explains why he thinks the Chinese authorities will have to depreciate the currency to mitigate the impact of tariffs.
Mortgage rates fell over the course of this week as Barclays PLC (LSE:BARC) was among lenders to reduce interest in response to easing swap rates. According to Moneyfacts, interest on the average two-year fixed-rate mortgage sat at 5.5197% come Friday, against 5.5352% a week earlier.
German blue-chip stocks show more promise than their French counterparts, Barclays' strategists wrote in a note Friday, saying France has weak "long-term fiscal and growth fundamentals" and a looming risk of bond vigilantes sweeping in. France is staring down years of potential political uncertainty, given its fiercely divided parliament, and is facing investor concerns over whether it can reduce its hefty debt pile.
BCS plans to set up a new Private Banking booking center in Singapore to deliver a "one-bank" proposition, complementing its strategy to expand in the region.