Furthermore, the FCA pointed out that Certain Qatari entities were important investors in both of Barclays’s capital raisings at the time. The company entered into two advisory agreements with these entities, involving payments to one of the Qatari entities in the amount of £322 million over three and five years respectively. Barclays had disclosed that…
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Tim Main, Global Co-Head of FIG Investment Banking commented: Arif is a highly respected FIG banker and a strong leader who understands the power of delivering the whole firm to clients. The strength and breadth of his expertise will bring considerable value to our clients across the region as we look to build on the…
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Stephen Dainton commented: APAC is at the centre of our multi-year growth strategy for Global Markets and Hossein’s appointment attests to the significant investment we are making to expand our franchise in the region. Adeel Khan added: It is critical to our growth plan that we continue to build great teams and bring in strong…
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As result, Barclays the routed 19,500 orders for 2,500,000 contracts to the market unchecked. Of those 9,500 orders for 1,125,000 contracts were executed. Additionally, the firm did not prevent the entry of erroneous orders of a total of $11.8 million, rather than the intended $118,000. The company has accepted FINRA’s monetary penalty but has not…
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In their new roles at Barclays, Beattie and Connellan will be based in Sydney and report to Richard Satchwell, Country CEO and Head of Investment Banking, Australia. Richard Satchwell, Country CEO and Head of Investment Banking, Australia, said: Duncan Beattie and Duncan Connellan are outstanding additions to our Investment Banking team. Their deep industry relationships…
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Prior to that, Baumann spent three years at Bank of America Merrill Lynch. He served as a Managing Director there and was focused on advising private equity firms on European investments and specifically on investments in German-speaking Europe. Baumann also spent 10 years at Deutsche Bank. He joined the company as an Associate and reached…
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Liu will also lead Barclays’ growth initiatives in China across all product lines in Global Markets, Investment Banking and Corporate Banking. Her work will see her partner with the bank’s regional heads of the CIB, and with Grace Kuo, Barclays’ Shanghai Branch Manager. Jaideep Khanna, Head of Barclays, Asia Pacific, said: China presents a big…
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Ruchir Rodrigues, commented: I am delighted that Antony is joining Barclays to lead our point-of-sale finance business, and that we’re able to attract talent of his calibre. Antony’s global experience with an industry-leading firm like Amazon and his passion for customer centricity will be invaluable in driving this business forward. His vision and leadership will…
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Barclays' decision is expected to cause other banks to decide on how they will handle Binance. Both Natwest and Santander have made comments related to crypto exchanges recently, with Natwest taking the decision to decrease the daily limit that customers could make to crypto exchanges. This news from Barclays, as well as the decision by…
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Sandeep Pahwa, who has been the face of South-East Asia banking at Barclays for over ten years, will be passing the baton on to Tay. Pahwa is still, however, set to stay at the firm, serving as vice-chairman and head of Asia-Pacific client coverage for Barclays. Vanessa Koo, head of banking for Asia-Pacific and Greater…
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