Barclays

Banking & finance

Barclays to cut around 100 senior jobs at investment bank

Globally, banks announced almost 80,000 job cuts last year -- the most since 2015.

Asia's big private banks boost assets under management to record

SINGAPORE (April 11): Asia’s biggest private banks boosted their assets under management to a record last year, rebounding from a 2015 contraction, amid acquisitions that swelled some firms’ portfolio holdings.
Apple logo

Tech

Apple iPhone price under pressure as buyers seek cheaper devices

SAN FRANCISCO (Jan 27): Apple Inc. results next week will likely show iPhone sales growing again, bucking a year of declines. That’s the good news.
Gold

Commodities

Battered gold looks at risk of further thumping

SINGAPORE (Nov 30): The worst is yet to come. At least that’s the opinion of the top two gold forecasters who say bullion will suffer further losses in 2017 as interest rates climb and the dollar strengthens.

Bank of Singapore completes acquisition of Barclay’s Singapore and Hong Kong wealth and investment business

SINGAPORE (Nov 28): Bank of Singapore, Overseas-Chinese Banking Corporation’s private bank arm, has completed the acquisition of Barclay’s wealth and investment business in Singapore and Hong Kong.

OCBC announces US$10 bil global covered bond programme; rated ‘AAA(EXP)’ by Fitch

SINGAPORE (Nov 24): Oversea-Chinese Banking Corporation (OCBC) has established its inaugural programme to issue US$10 billion ($14.3 billion) of global mortgage covered bonds.
JP Morgan

Citi and JPMorgan top list of globally systemic banks

LONDON (Nov 22): Citi has joined JPMorgan at the top of global regulators' list of systemically important banks, replacing HSBC and meaning the US bank will have to hold extra capital from 2019 to help preserve financial stability.
Brexit

Brexit

British finance minister to meet bank bosses on Brexit gameplan

LONDON (Sept 7): Top British bankers will tell finance minister Philip Hammond on Wednesday to give them a clearer idea of what the country's divorce from the European Union will mean for them when they hold their first meeting since the Brexit vote.
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