Tagged: barclays

October 24, 2026 @ 11:06 am By Omar Faridi  |  

Barclays (LON: BARC) has disclosed plans to eliminate roughly 5,000 positions across its global operations by the close of 2026, equivalent to about 5 percent of its total workforce. The lender reported a headcount of approximately 93,000 employees at the end of 2025. Of the… Read More

October 21, 2026 @ 10:31 am By Omar Faridi  |  

Evidence continues to mount on both sides of the Atlantic that banks are limiting services available to cryptocurrency users. A newly released report from Stand With Crypto UK, titled Blocked: Britain’s Crypto Access Problem, details the scale of difficulties faced by customers in the United… Read More

October 7, 2026 @ 8:29 am By Omar Faridi  |  

The United Kingdom has moved its first digitally native government bond closer to market by naming the banks that will lead the pilot sale. On 6 October 2026, HM Treasury appointed Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital Markets as joint lead managers… Read More

October 3, 2026 @ 10:29 am By Omar Faridi  |  

Barclays (NYSE: BCS) is widening its partnership with Anthropic, bringing the Claude family of models deeper into day-to-day work across the British universal bank. The October 1, 2026 announcement frames the move as an effort to place secure, enterprise-grade systems throughout global operations, with particular… Read More

September 25, 2026 @ 9:05 am By Omar Faridi  |  

A group of the UK’s largest banking institutions has moved tokenised bank money out of laboratory tests and into actual customer activity, completing the first live retail transactions using digital representations of ordinary sterling deposits. The work sits inside the Great British Tokenized Deposit programme,… Read More

August 21, 2026 @ 12:39 am By Omar Faridi  |  

Global banks including Barclays (NYSE: BCS) and Deutsche Bank (NYSE: DB) are integrating Ant International’s FalconTST AI model to strengthen cash-flow predictions and foreign-exchange liquidity management. In a development underscoring the growing role of specialised artificial intelligence in financial services, several international banks have begun… Read More

July 28, 2026 @ 10:44 pm By Omar Faridi  |  

Customers of several major UK high street banks faced disruptions to digital banking services on Monday, with widespread reports of difficulties completing online transfers and payments. Account holders at institutions including Lloyds Banking Group brands and Barclays encountered problems that began emerging around midday, according… Read More

January 8, 2026 @ 12:34 am By Omar Faridi  |  

UK’s banking services provider Barclays has acquired a minority stake in Ubyx, a US-based firm specializing in stablecoin settlement infrastructure. This marks Barclays’ inaugural foray into investing in a company focused on stablecoins, underscoring the bank’s ongoing plans to delve into innovative digital financial instruments… Read More

December 15, 2025 @ 11:19 am By Omar Faridi  |  

United Fintech, the fintech infrastructure and ecosystem for financial institutions, asset managers & wealth managers reportedly secured an investment from Barclays, strengthening its shareholder base of “global banks, including BNP Paribas, Citi and Danske Bank and most recently Standard Chartered, which have all joined in… Read More

October 29, 2025 @ 7:48 am By Omar Faridi  |  

Barclays PLC announces its wholly-owned US consumer banking subsidiary, Barclays Bank Delaware, has agreed to acquire Best Egg, Inc. for $800 million. Completion of the transaction is currently said to be subject to required regulatory approvals as well as other customary conditions. Best Egg is a US D2C personal loan… Read More

October 17, 2025 @ 8:16 am By Omar Faridi  |  

SIX, the financial data and market infrastructure provider, signed a seven-year strategic partnership with Barclays, the global banking group, in order to support the banking institution’s international growth and enabler greater cost efficiencies. Strengthening the relationship, the collaboration will reportedly see Barclays’ business – which… Read More

August 19, 2025 @ 10:58 am By JD Alois  |  

Tomorrow, the UK will provide an update on inflation rates. In June, the consumer price index (CPI) hit 3.6% in the 12 months to June 2025, up from 3.4% in the 12 months to May.  The was the highest since January 2024. On a monthly… Read More

June 19, 2025 @ 9:53 am By JD Alois  |  

The Bank of England decided to hold rates steady today, mainly due to concerns about sticky inflation. The Monetary Policy Committee (MPC), by a six-to-three vote, decided to hold the bank rate at 4.25%. The three dissenters preferred to lower rates by 25 basis points. The… Read More

May 20, 2025 @ 11:15 am By JD Alois  |  

Tomorrow (May 21st), the UK government will release its monthly inflation numbers. As of March, the annual rate of inflation is trending at 2.6%. The Bank of England holds a mandate to move inflation down to 2% but last month the Bank decided to cut… Read More

January 26, 2025 @ 11:18 pm By Omar Faridi  |  

Barclays has announced the closure of its fintech accelerator program, Rise, by mid-2025, leaving the New York fintech ecosystem grappling with the loss of what many consider a cornerstone of the community. The decision has sparked significant concern among founders, venture capitalists, and industry leaders… Read More

October 31, 2024 @ 11:17 am By Omar Faridi  |  

Versana announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized, real-time digital data platform. Existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo also “participated in this round.” In… Read More

August 13, 2024 @ 10:04 am By JD Alois  |  

Tomorrow, the UK government will update the country on the status of inflation.  The last reading, released in June, showed an inflation rate of 2.8% – higher than the benchmark target of 2% inflation – the same goal held in the US. Last November, inflation… Read More

June 16, 2024 @ 3:57 pm By Omar Faridi  |  

Hometree, a residential energy services company, has raised £250m in debt financing from Barclays to help homeowners finance the installation of solar panels, battery storage systems, and heat pumps through a range of lease and loan products. The zero-deposit payment options are uniquely “designed for the… Read More

April 14, 2024 @ 1:17 pm By Omar Faridi  |  

Barclays has reportedly led Funding Xchange’s (FXE) Series B round, which is said to be open to a number of FXE clients. The fundraising is bringing together key investors and will aim to enhance FXE and its ability to drive ecosystem adoption. This reportedly includes… Read More

April 3, 2024 @ 8:17 pm By Omar Faridi  |  

AGL Credit Management LP, an investment manager specializing solely on corporate credit strategies, and Barclays Plc, a global Investment Bank, announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Private Credit. AGL PC combines AGL’s established credit competency… Read More