Barclays Denies Cautious Targets Signal Lack of Ambition
Barclays has firmly denied that its recent cautious financial targets indicate a lack of ambition for its investment banking division, amid market speculation.
Barclays has firmly denied that its recent cautious financial targets indicate a lack of ambition for its investment banking division, amid market speculation.
Activist investor Elliott Management has raised its stake in the London Stock Exchange Group, intensifying pressure on the exchange operator amid strategic challenges.
Commonwealth Bank reports a record $5.45bn half-year cash profit, driven by investor lending in Australia's housing market, while facing union criticism over workloads and automation.
European investment banks face a challenging 2025 with revenue declines in dealmaking, while U.S. rivals surge ahead. UBS CEO Sergio Ermotti remains optimistic about market share gains.
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Vashi Dominguez, founder of collapsed luxury jeweller Vashi, faces bankruptcy proceedings as liquidators serve statutory demand for £17,500 repayment.
American activist hedge fund Saba Capital renews its offensive against Edinburgh Worldwide Investment Trust, criticising board governance and past investment decisions.
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Football super-agent Jonathan Barnett, who negotiated Gareth Bale's record transfer, has denied serious allegations made by an Australian woman in a US court filing.
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BP has suspended its share buyback programme and increased cost-cutting targets as the energy giant navigates leadership changes and retreats from renewable ambitions.
Barclays CEO expresses dismay over Epstein revelations as the bank reports a 13% profit rise to £9.1bn and faces ongoing legal fallout from ex-boss Jes Staley's ties.
A British property specialist died in a Vietnam hotel room from a cocktail of prescription drugs, an inquest hears, as his mother pays tribute.
Standard Chartered shares fell nearly 5% after finance chief Diego De Giorgi left for Apollo, creating uncertainty about the bank's leadership succession plans.
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RecommendedBarclays chief executive CS Venkatakrishnan urges political stability as Labour government faces uncertainty, with market jitters following key resignations.
BP shares fell sharply after the energy giant suspended its share buyback programme and increased cost-cutting targets, signalling a strategic shift away from green energy investments.
BP reports a 16% drop in annual profits to $7.5bn due to lower oil prices, suspends share buybacks to fund fossil fuel expansion amid investor debate over direction.
BP has suspended share buy-backs after reporting weaker annual profits of $7.5bn for 2025, down from $9bn in 2024, amid falling oil prices and strategic shifts.
Barclays' investment banking division reported a 7% increase in revenue, driven by strong trading performance that compensated for a decline in dealmaking activity in the latest quarter.
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RecommendedBarclays has increased bonuses for its top investment bankers by 16% as the bank competes to retain talent in a challenging financial landscape.
Barclays announces £15bn shareholder returns through 2028 after posting £9.1bn pre-tax profit for 2025, beating expectations and launching a new £1bn buyback.
Standard Chartered announces CFO Andy Halford's departure after five years, with a search for his successor underway as the bank navigates strategic shifts.
NatWest Group makes its largest acquisition since the financial crisis with a £2.7bn purchase of Evelyn Partners, expanding its wealth management division despite shareholder concerns over valuation and integration challenges.
NatWest has agreed to purchase Evelyn Partners, a major UK wealth manager, for £2.7 billion, marking its largest acquisition since the 2008 taxpayer bailout.
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RecommendedNatwest has secured a £2.7bn deal to acquire wealth manager Evelyn Partners, beating rivals like Barclays, and announced a new £750m share buyback programme.
NatWest Group has completed a £2.7 billion acquisition of Evelyn Partners, a major UK wealth manager, expanding its private banking and investment services.
Nearly 80% of UK chief executives have altered investment plans due to trade policy changes and political pressures, with many delaying or accelerating projects.
Financial professionals in London's banking sector report feeling short-changed by recent bonus rounds, despite a significant increase in deal activity over the past year.
Joseph Harvey, CEO of Cohen & Steers, discusses his strategy to transition decision-making to younger generations in the investment management firm, focusing on innovation and leadership evolution.
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