Global forex probe ensnares banks like Barclays, HSBC, JP Morgan and others

Last Updated: Sunday, November 10, 2013, 14:40

At least a dozen large banks from the US and Europe have come under scanner in a global regulatory probe into suspected manipulations in forex markets, with some of them being investigated for possible manoeuvring in over USD 50-billion a day rupee trade market.

Goldman Sachs discloses foreign exchange probe

Last Updated: Thursday, November 7, 2013, 22:13

Goldman Sachs Thursday said its currency trading was being probed by regulators, joining a list of large financial institutions that have disclosed foreign exchange investigations in recent days.

EU to fine banks including RBS, Barclays billions of euros over rate rigging

Last Updated: Thursday, November 7, 2013, 00:10

A number of finance firms, including Royal Bank of Scotland and Rabobank face billions of euros in fines next month from European Union regulators for colluding on global benchmark interest rates, reinforcing Brussels` hard line on the sector after the financial crisis.

Barclays drawn into foreign exchange probe: Statement

Last Updated: Wednesday, October 30, 2013, 13:53

Barclays is one of a number of companies being investigated over possible manipulation of foreign exchange trading, the British bank said on Wednesday when it announced a return to profit.

Buy inflation-linked bonds at auction on Wed: Barclays

Last Updated: Tuesday, October 29, 2013, 11:56

Barclays advises investors to buy inflation-linked bonds at the 10-billion rupee sale on Wednesday, estimating the bonds offer an annualised 19.3 percent return.

Barclays says sells almost 95% of new shares

Last Updated: Friday, October 4, 2013, 15:10

The lender has received valid acceptances in respect of 3.04 billion new ordinary shares.

Barclays lowers India's FY14 GDP growth forecast to 4.7%

Last Updated: Friday, September 27, 2013, 12:41

Barclays has lowered India's FY14 GDP forecast for the current fiscal to 4.7 percent, saying the growth and fiscal health of the country are likely to remain under pressure, with 2014 election dynamics adding to uncertainties.

Barclays to shut wealth management services in 130 countries

Last Updated: Thursday, September 26, 2013, 08:37

Barclays Plc will stop offering wealth management services in about 130 countries by 2016 and cut jobs in the unit as part of an effort to rein in costs and boost profit.

Eight held over $2 mn bank heist in London

Last Updated: Saturday, September 21, 2013, 10:47

At least eight people have been arrested in connection with a 1.3 million pounds (over $2 million) e-theft by a gang who took control of a Barclays Bank computer, BBC reported Friday.

Rate cuts may be delayed with RBI focus on rupee: Barclays

Last Updated: Wednesday, September 18, 2013, 00:03

With the Reserve Bank's policy focus geared towards supporting the rupee, the central bank may delay easing rates to between December and April 2014, a Barclays report says.

Rollback of RBI's liquidity curbs likely by October: Barclays

Last Updated: Friday, September 6, 2013, 16:10

The Reserve Bank of India's liquidity-tightening measures are likely to be rolled back by October as market sentiment and the rupee trajectory are expected to improve, Barclays said.