Tag: Barclays

Barclays reorganises capital structure
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Barclays reorganises capital structure

Barclays has announced that as as part of its 2017 annual results its intention to carry out capital reorganisations to convert the share premium accounts of each of Barclays PLC, Barclays Bank PLC and Barclays Bank UK PLC. The top UK lender said the shares will be into distributable reserves […]

Mary Anne Citrino joins Barclays
Global

Mary Anne Citrino joins Barclays

Barclays PLC said Mary Anne Citrino has been appointed as a non-executive Director of Barclays. She will take up her appointment on 25 July 2018. Ms Citrino has extensive board-level experience. She is currently a Non-Executive Director of the boards of Ahold Delhaize N.V., Alcoa Corporation, Hewlett Packard, Inc and […]

Barclays Africa made £2.5 billion loss on stake sale
Global

Barclays Africa made £2.5 billion loss on stake sale

UK’s largest lender and financial services group, Barclays has finally come clean on its Barclays Africa sell-off. Barclays, apparently UK’s largest lender with about $1.50 trillion in asset said it booked losses totaling about £2.5 billion in the sale of its Barclays Africa. The company said in its annual report […]