Barclays Activist Bramson Renews Call for Trading Rejig

Aug.06 — Edward Bramson’s Sherborne Investors Management LP, which recently boosted its stake in Barclays Plc to 5.9%, said the lender should improve profitability at its investment bank by mimicking cutbacks at Deutsche Bank AG, according to a letter sent to investors this week, and seen by Bloomberg News. Stefania Spezzati reports on “Bloomberg Surveillance.”

Deutsche Bank and Barclays count virus cost

Two of Europe’s leading banks, Deutsche Bank and Barclays, counted the cost of the coronavirus as they increased provisions for credit losses, though the German lender lifted its outlook. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get … Read more Deutsche Bank and Barclays count virus cost

Barclays CEO Staley on Trading Revenue, Market Share, Volatility

Jul.29 — Jes Staley, chief executive officer of Barclays Plc, discusses recent volatility in financial markets, investment banking market share, and efforts to improve diversity. He speaks on “Bloomberg Markets: European Open” after the London-based bank’s securities division reported a 60% gain in foreign-exchange, rates and credit trading revenue as the aftermath of the coronavirus … Read more Barclays CEO Staley on Trading Revenue, Market Share, Volatility

South Korea Falls Into Recession as Pandemic Hits Exports

Jul.22 — Angela Hsieh, regional economist at Barclays, discusses the prospects for South Korea’s economy, which slid into a recession in the second quarter as the coronavirus pandemic sent exports plummeting and forced businesses to cut investment. She speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.”

Cuomo Unveils Homemade Mountain to Show New York State’s Virus Trajectory

New York Governor Andrew Cuomo is calling on US President Donald Trump to issue an executive order making wearing masks mandatory nationwide. Cuomo made the remarks during his daily briefing in New York on Monday, as the number of coronavirus cases in states across the country continue to rise. Florida, for instance, had a huge … Read more Cuomo Unveils Homemade Mountain to Show New York State’s Virus Trajectory

Cuomo Calls on Trump to Issue Executive Order Mandating Masks

New York Governor Andrew Cuomo is calling on US President Donald Trump to issue an executive order making wearing masks mandatory nationwide. Cuomo made the remarks during his daily briefing in New York on Monday, as the number of coronavirus cases in states across the country continue to rise. Florida, for instance, had a huge … Read more Cuomo Calls on Trump to Issue Executive Order Mandating Masks

U.K. Economy Plunged by Record 20% Under Virus Lockdown

Jun.12 — The U.K. economy shrank a record 20.4% in April as businesses and workers reeled under the lockdown designed to control the coronavirus pandemic. Christian Keller, head of economic research at Barclays, reacts to the data and considers the possible impact of a second wave of infections. He speaks on “Bloomberg Surveillance.”

Barclays APAC Head: Hong Kong to Remain Important Financial Center

Jun.03 — Jaideep Khanna, head of Asia Pacific at Barclays Plc, discusses how the bank is dealing with the coronavirus outbreak, the protests in Hong Kong, and the company’s strategy for the region. He speaks with Yvonne Man and Tom Mackenzie on “Bloomberg Markets: Asia.”