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Barclays lowers U.S. first quarter GDP growth view to 2.5 percent

NEW YORK (Reuters) – Barclays economists said on Wednesday they reduced their outlook on U.S. economic growth in the first quarter to an annualized rate of 2.5 percent from an earlier projection of 3.0 percent as a result of the historically long partial feder... More »

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Barclays announces new board of its corporate and investment bank

A Barclays bank building is seen at Canary Wharf in London, Britain May 17, 2017. Barclays (BARC.L) announced on Wednesday board appointments for its non-ring fenced business Barclays International (BI), to comply with new post-crisis rules forcing British ban... More »

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Barclays vice chairman of banking Matthew Ponsonby to retire: memo

Matthew Ponsonby speaks during the Reuters Global Mergers and Acquisitions Summit in London April 4, 2011. REUTERS/Benjamin Beavan Barclays vice chairman of banking, Matthew Ponsonby will retire from the British bank at the end of January, according to a memo ... More »

Barclays sells benchmark indices unit to Bloomberg

LONDON Barclays Plc has sold its benchmark indices and risk analytics business, which includes the widely used Barclays U.S. Aggregate Bond Index, to financial information provider Bloomberg for about 520 million pounds ($781 million). Barclays said on Wednesd... More »

Class action suit against Barclays alleges forex rigging losses

A New York-based investment adviser filed a class action lawsuit against Barclays Plc on Friday alleging that rigged foreign exchange trading practices at the bank caused “significant damages” to its trading partners. The suit by Axiom Investment Advisors LLC,... More »

Day wins FedExCup opener The Barclays by six shots

EDISON, New Jersey Red-hot PGA Championship winner Jason Day of Australia romped to victory at The Barclays on Sunday, winning the opening event of the lucrative FedExCup Series by a whopping six strokes. World number three Day reeled off eight birdies in a bo... More »