tag Barclays

A Sudden Burst of Activity on Mortgage Litigation

EghtesadOnline: In the span of just 12 hours, three U.S. enforcement matters left over from the financial crisis made significant progress: Deutsche Bank AG and Credit Suisse Group AG separately announced that they would pay a combined $12.5 billion to resolve U.S. investigations into their sales of toxic mortgage debt, whereas Barclays Plc chose to roll the dice and let the Justice Department file a fraud lawsuit over its debt sales.
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Publish Date:24/December/2016 | 13:46

Barclays CEO sees 'political pressure' on Fed following election

EghtesadOnline: The election of Donald Trump as the next U.S. president could signal a period of heightened pressure on the Federal Reserve to ease its accommodative stance, Barclays Chief Executive Jes Staley told a banking conference in London on Wednesday.
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Publish Date:16/November/2016 | 10:42

Barclays Predicts $85 Oil

EghtesadOnline: Barclays expects oil prices to reach $85 per barrel by 2019, a year sooner than it previously forecast, the British multinational and financial services company said in a report.
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Publish Date:22/July/2016 | 08:36