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Wednesday, November 25, 
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Entries tagged "Barclays PLC"

Barclays considers toxic spinoff

U.K. bank Barclays reportedly is looking at another move to clean up its balance sheet.


Citi investment pays off for Singapore

Singapore's sovereign wealth fund notched a $1.6 billion profit on a partial sale of its Citigroup stake.


Barclays gets creative with toxic assets

The Arch Bishop of Canterbury called on U.K. bankers to repent for doing the kinds of deals that landed the global economy in its present state.


Lehman failed due to communication breakdown

A newspaper report claims to have the lowdown on transatlantic disaccord immediately prior to the historic bankruptcy.


Hiring: Barclays, Aladdin Capital and more

Looking for a job in finance? Here are the latest reports and rumors of where to look.


FSA, grudgingly, spells out stress tests

The regulator caves in to pressure from media outlets and politicians.


Working Memorial Day weekend

While you're playing on the beach or attending a barbecue this weekend, there are others who won't be as fortunate as they grind away at work.


Finance Layoffs: MassMutual, ING and more

The latest layoff reports and rumors in finance are at MassMutual Financial Group, ING Groep and law firm Hunton & Williams.


Finance Layoffs: Barclays, AIG and AmEx

The latest layoff reports include Barclays, AIG, American Express and more.


Barclays says 'No, thanks' to toxic insurance

The U.K. lender will do without state insurance against losses from risky assets, saving itself fees and an obligation to increase lending.


Amanda Staveley catches flak over Barclays deal

Amanda Staveley, the golden girl of U.K. corporate finance, is losing her sheen, but patriotic outrage, rather than any professional missteps by the one-time girlfriend of Prince Andrew, has prompted the change of heart. Staveley, the founder of PCP Capital Partners LLP, had won plaudits in September for securing a billionaire owner for soccer club Manchester City in the form of Abu Dhabi's Sheikh Mansour bin Zayed al Nahyan. And she was initially lauded a month later for garnering £5.8 billion ($8 billion) of funding for Barclays plc from the Abu Dhabi sheikh, and Qatar Investment Authority and its chairman, thereby allowing the...


Finance Layoffs: Barclays, Sun Capital, Wells Fargo and more

It may be a new year, but unfortunately there is a lot of the same old gloomy news concerning layoffs in the financial sector. Reports by ADP Employer Services said that U.S. private sector employers shed 693,000 jobs in December, up from 476,000 private sector jobs lost in November. Here is the latest list of Wall Street-related layoff announcements. ...



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REIT IPO deja vu

Real estate sponsors that might wish to undertake an IPO will need to consider a wide variety of issues and begin to take action long before the first filing with the SEC.


Industry Insight

Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.



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