Skip to: Content
Skip to: Site Navigation
Skip to: Search
WEDNESDAY, NOVEMBER 25, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: Barclays

Barclays stories: 32 news summaries

21 - 32 of 32 Stories | << Prev 1 2

Switch to grid view »

Barclays Seeks Liquidity With $8.85B Offering

More than half will be bought by Qatari, Japanese investors

Jun 25, 08 8:45 AM CDT
(Newser) - Add Barclays to the ranks of banks that are floating new shares in an effort to restore liquidity in the lingering wake of the subprime debacle, reports the AP. Barclays will offer up $8.85 billion in shares—with large stakes being purchased by Japanese bank Sumitomo Mitsui and the... More »

MORE ABOUT:
Barclays • Royal Bank of Scotland • liquidity • subprime crisis • stock offering • Qatar Investment Authority • Sumitomo Mitsui

Barclays Seeks $7.8B From Sovereign Wealth Funds

UK bank's stock soars as investors support plan to recapitalize

Jun 16, 08 7:40 AM CDT
(Newser) - The UK’s fourth-largest bank, Barclays, is looking to raise capital by issuing $7.8 billion in new equity, underwritten by sovereign wealth funds, the London Times reports. The announcement sent shares soaring in trading today. Barclays has been rumored for weeks to be considering a cash infusion, joining a... More »

MORE ABOUT:
Barclays • equity • credit crisis • writedowns • sovereign wealth funds

SEC Opens ABN Amro Insider Trading Probe

European banks' transactions ahead of merger under scrutiny

Jan 23, 08 11:42 AM CST
(Newser) - The US Securities and Exchange Commission has opened an inquiry into possible insider trading surrounding last year's takeover of Dutch bank ABN Amro. Holland's Financieele Dagblad reports that Fortis, Barclays, Santander, and Royal Bank of Scotland—which eventually won the bidding—have been asked for information about trading in ABN... More »

MORE ABOUT:
insider trading • Barclays • Royal Bank of Scotland • mergers and acquisitions • SEC • Banco Santander • ABN Amro • Fortis

Court Rejects $40B Suit from Enron Investors

Plaintiffs claimed
banks abetted
fraudulent deals

Jan 23, 08 4:15 AM CST
(Newser) - The Supreme Court yesterday turned away an appeal from Enron investors seeking to sue banks that loaned the company money, Bloomberg reports. A lower court ruling had blocked the investors from organizing a $40 billion class-action suit against Merrill Lynch, Credit Suisse and other banks. The investors accused the banks... More »

MORE ABOUT:
Barclays • Credit Suisse • Merrill Lynch • lawsuit • Enron • US Supreme Court

Banks Go Dutch on ABN Buy

Royal Bank of Scotland consortium expected to succeed with hostile bid

Sep 14, 07 5:33 AM CDT
(Newser) - The race to buy Dutch bank ABN Amro is in the final stage—with a consortium led by the Royal Bank of Scotland apparently on the inside track ahead of  Barclays. The consortium has already won agreement from ABN and the Dutch government, but has yet to raise the $99... More »

MORE ABOUT:
Bank of America • Barclays • ABN AMRO • Royal Bank of Scotland • Merrill Lynch • John Varley • Fortis NV • Banco Santander • Rijkman Groenink

Stricker Strikes It Big at Barclays

'I never knew if I was going to win again,'
says golfer after six-year dry spell

Aug 27, 07 1:46 AM CDT
(Newser) - Steve Stricker shot a final-round 69 at The Barclays yesterday to best K.J. Choi and hoist his first trophy in over six years. Stricker's four birdies in the final five holes capped a masterful run at Choi, who'd taken a one-stroke lead with two enormous birdie putts. Stricker's 16-under... More »

MORE ABOUT:
golf • Tiger Woods • Barclays • PGA • K.J. Choi • Steve Stricker • FedEx Cup

Choi Takes Lead at Barclays

Aug 24, 07 10:23 PM CDT
(Newser) - K.J. Choi gave Tiger Woods a run for his money at the Barclays today, even though the new dad wasn't entered in the first round of the FedEx Cup. Choi, who's having his best year in golf, made a 5-under 66, giving him a two-shot lead over Rich Beem... More »

MORE ABOUT:
golf • Tiger Woods • Barclays • K.J. Choi • Vijay Singh • Rich Beem • Westchester

Barclays Bid Gets Backing From the East

China, Singapore put
up cash for ABN Amro takeover offer

Jul 23, 07 12:06 PM CDT
(Newser) - The Chinese and Singaporean governments have invested almost $5 billion in Barclays, helping the firm float more cash for its bid for ABN. The state-run companies would invest even more if the bid succeeds, which would leave the Chinese state with a holding of 7.7% of the world's new... More »

MORE ABOUT:
China • Barclays • ABN AMRO • bank • Singapore

Barclays Selling Stake to Fund  Bank Battle

10% stake, worth up to $9.6B, could sweeten offer for ABN Amro

Jul 23, 07 5:56 AM CDT
(Newser) - Barclays Bank is poised to sell a significant piece of itself to fund its bitterly contested takeover battle for Dutch bank ABN Amro, the Wall Street Journal reports. Barclays is close to a deal with Singapore's government-owned investment firm Temasek Holdings and another investor. A 10% stake is worth up... More »

MORE ABOUT:
Barclays • ABN AMRO • Royal Bank of Scotland

RBS Consortium Renews Bid
for ABN Amro

$96B offer dwarfs Barclays proposal,
but legal woes persist

May 29, 07 9:02 AM CDT
(Newser) - Refusing to take no for an answer, a coalition led by Royal Bank of Scotland today submitted a renewed $95.6 billion bid for ABN Amro. The offer overshadows a competing $86 billion offer from Barclays, but legal wrangling over the sale of LaSalle Bank continues to bog down the... More »

MORE ABOUT:
Barclays • ABN AMRO • Royal Bank of Scotland • LaSalle Bank • merger • bank • acquisition

Dutch Court Blocks Bank Merger

Court rules ABN Amro can't sell LaSalle, which jeopardizes Barclay merger

May 3, 07 1:47 PM CDT
(Newser) - A Dutch court has blocked the sale of ABN Amro's LaSalle Bank, throwing Amro's proposed merger with Barclays into jeopardy. The move—which the court says is intended to protect shareholder interests—could spark a new bidding war over the Dutch bank, whose $87.5 billion proposed merger with Barclays... More »

MORE ABOUT:
Barclays • ABN AMRO • LaSalle • Royal Bank of Scotland • business • bank

Euro Bank Giants to Merge

RBS, regulators may rain on
Barclays-AMB AMRO parade

Apr 23, 07 9:23 AM CDT
(Newser) - Britain's Barclays Bank and Dutch bank ABN Amro have agreed to merge, creating one of the world's largest banks. The $90 billion deal is far from a sure thing, however—it requires approval by shareholders and regulators, and a group led by Barclays' archrival, the Royal Bank of Scotland, has... More »

MORE ABOUT:
Barclays • ABN AMRO • merger • money • bank • John Varley

21 - 32 of 32 Stories | << Prev 1 2


from our news partners