Tag: Barclays PLC (ADR) (NYSE:BCS)

Marex Spectron launches Marex Financial Products structured note business
September 29, 2017 BY LeapRate Staff

Marex Spectron ups working capital facility to $115 million as Barclays increases commitment

Global commodities broker Marex Spectron has announced that it has increased the size of its working capital facility from $105 million to $115 million, with the Barclay’s Bank unit of Barclays PLC (ADR) (NYSE:BCS) increasing the size of its commitment from $15 million to $25 million. Alongside Barclays Bank, the other participants in the facility are…

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August 05, 2016 BY Valentina Kirilova

Clearing executive Ray Kahn leaves Barclays

Ray Kahn, who held many of the senior roles in banking giant Barclays PLC (ADR) (NYSE:BCS)'s clearing business over the past 8 years, is no longer with the bank. A spokesman for Barclays declined to comment on Kahn's departure, but said the bank is still committed to its swaps clearing business. Clearing, which involves a third party stepping…

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August 04, 2016 BY LeapRate Staff

FINRA fines Barclays $1.3 million for order reporting violations

U.S. Securities industry regulator The Financial Industry Regulatory Authority (FINRA) announced that it has fined the Barclays Capital Inc. unit of UK based banking giant Barclays PLC (ADR) (NYSE:BCS) $1.3 million for systemic Order Audit Trail System (OATS) reporting violations and related supervisory failures. FINRA rules require firms to transmit to OATS complete and accurate data relating…

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