Barclays

Barclays plc is a British multinational investment bank and financial services company, headquartered in London. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and investment management.

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Barclays Analysts See Meta as Well-Positioned for Growth in AI
Barclays Analysts See Meta as Well-Positioned for Growth in AI
October 05, 2023  |  artificial intelligence

Barclays analysts reportedly believe that Meta Platforms, with its integration of artificial intelligence (AI) technology into its apps, is well-positioned for growth in the AI industry. The...

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Barclays CEO Says Job Cuts Are in Line With Industry
Barclays CEO Says Job Cuts Are in Line With Industry
September 11, 2023  |  Banking

Barclays Plc plans to cut hundreds of jobs, following many other financial institutions that have done the same. CEO C.S. Venkatakrishnan told CNBC Monday (Sept. 11) that...

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Xbox Teams With Mastercard to Unveil First Credit Card 
Xbox Teams With Mastercard to Unveil First Credit Card 
September 11, 2023  |  Credit Cards

Microsoft-owned gaming platform Xbox is debuting its first co-branded credit card in the U.S. The Barclays-issued Mastercard, announced Monday (Sept. 11), will be available on Sept. 21 exclusively...

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Report: Barclays Considers Selling Part of Its UK Payments Business
Report: Barclays Considers Selling Part of Its UK Payments Business
September 04, 2023  |  Acquisitions

British bank Barclays is reportedly considering selling part of its payments business. The bank could sell a stake in its unit that processes merchant payments, Reuters reported Monday...

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M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
August 21, 2023  |  Fintech Investments

The FinTech industry has experienced significant growth in recent years, but it is has not been immune to economic headwinds. In fact, rising interest rates,...

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UK Launches FinTech Fund Backed by Mastercard and Barclays
UK Launches FinTech Fund Backed by Mastercard and Barclays
August 16, 2023  |  Startups

The United Kingdom has taken a significant step to bolster its position as a global FinTech investment hub by launching a £1 billion investment fund,...

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UK Supreme Court Rules Customers Liable for Fraud Through Bank Accounts
UK Supreme Court Rules Customers Liable for Fraud Through Bank Accounts
July 12, 2023  |  Banking

The United Kingdom’s Supreme Court has reportedly ruled that customers are liable for fraud through their accounts when the bank carried out instructions expressly authorized...

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Report: Barclays Explores Payments Business Revamp
Report: Barclays Explores Payments Business Revamp
June 07, 2023  |  Banking

U.K. banking giant Barclays is reportedly considering major changes to its payments operations. The bank has spoken with consultants to determine whether it should expand some of...

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Berlin-Based InsurTech wefox Raises $110 Million to Build International Business
Berlin-Based InsurTech wefox Raises $110 Million to Build International Business
May 17, 2023  |  Insurance

Berlin-based InsurTech wefox has raised $110 million to further strengthen its insurance and distribution business. That total includes $55 million in a revolving credit facility from J.P....

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