U.S. Combat Veterans Sue Big Banks for Facilitating Iranian Terrorism
More than 80 wounded U.S. combat veterans and their families have filed suit against several of the world’s largest banks, which they accuse of facilitating financial transfers on behalf of Iran that directly led to the killing and wounding of U.S. troops in Iraq. More than 200 plaintiffs have signed onto the suit, which targets some of […]
Barclays Plc will sell its retail banking business in the United Arab Emirates to Abu Dhabi Islamic Bank PJSC $177 million. Barclays joins Royal Bank of Scotland Group Plc, Britain’s biggest government-owned lender, and Lloyds Banking Group Plc in exiting consumer and commercial-banking business in the U.A.E. http://www.businessweek.com/news/2014-04-06/barclays-to-sell-u-dot-a-dot-e-dot-retail-banking-to-abu-dhabi-islamic-bank
LONDON/ZURICH: Shareholders of British bank Barclays backed a $10 billion fundraising on Monday and Standard Chartered sought new funds too as investors absorbed the weekend rescue of US based Citigroup. Barclays chairman Marcus Agius said investors had voted in favour of the British bank’s controversial 7 billion pound ($10.44 billion) fundraising. A final tally […]
Barclays’ shares fall on imminent fundraising deal By EMILY FLYNN VENCAT – 5 hours ago LONDON (AP) — Barclays PLC’s shares fell 7.5 percent on Wednesday on the growing likelihood that a 7 billion pound ($10.6 billion) fundraising deal, expected to erode shareholder value, will be approved. Barclays, Britain’s second largest bank, said earlier Wednesday […]
WWW.IMG.DAILYMAIL.COM Guess who is bailing out Barclays? by SANE Staff, Sun, November 02, 2008, 11:30:AM What is fascinating about this “bailout” is that it is rationalized as a way for Barclays to capture a capital investment to shore up its liquidity without going to “government”. Now, this is just rich. Barclays correctly would […]
Guess who is bailing out Barclays? by SANE Staff, Sun, November 02, 2008, 11:30:AM What is fascinating about this “bailout”, is that it is rationalized as a way for Barclays to capture a capital investment to shore up its liquidity without going to “government”. Now, this is just rich. Barclays correctly would like […]
Barclays is a leader in sharia compliant finance – just search their involvement here – exchange traded funds – hedge funds : Barclays poised for £6bn Middle East boost Barclays was on the verge of securing a £6 billion capital injection from Middle Eastern investors today in a move that will enable […]
By Andy Bloxham Last Updated: 7:20AM BST 06/06/2008 Barclays is closing the bank accounts of British customers, who are working in this country for businesses linked to Iran, to conform with US anti-terror laws. The bank, which has considerable business interests in the US, is using guidelines drawn up under the Patriot Act to […]
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