Barclays
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The European Commission Fined 5 Large Banks For Exchange Rates Bargaining
The European Union's (EU) antitrust watchdoghas imposed a fine on five major banks for collusion on the huge foreign exchange market - including Barclays and Citigroup.
Cyprus to issue 5 and 30 year bonds
According to an announcement by the Ministry of Finance, Cyprus is expected to issue a 5 year and a 30 year bond as soon as Wednesday.
Barclays, Deutsche Bank, Goldman Sachs, J.P. Morgan, Morgan Stanley and Societe Generale will run the debt issuance which is earmarked for the early repayment of Cyprus' Russian loan.
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Experian is Moving more than 950 Employees to a New Office in Sofia
Experian will soon move to a new building. The company involved in the field of information and data with clients such as American Express, Barclays, Yahoo!, Hilton and many others now employs more than 950 employees in Bulgaria.
Bob Diamond to invest over 100 mln euros in Praxia Bank
Among the issues established Greek banks need to worry about these days may also be competition from new online lender Praxia Bank, in which ex-Barclays chief executive Bob Diamond has pledged to invest more than 100 million euros, according to Praxia CEO Anastasia Sakellariou.
Barclays to pay $2 bln US fine over mortgage fraud claims
Barclays has agreed to pay $2 billion for allegedly causing billions of dollars of losses to investors by engaging in a fraudulent scheme to sell residential mortgage-backed securities between 2005 and 2007, the U.S. Justice Department said on March 29.
Barclays faces fraud charges over Qatar loan
Britain’s Serious Fraud Office charged a unit of Barclays yesterday over alleged fraud linked to emergency fundraising from Qatar during the financial crisis a decade ago, the bank said.
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Greece opens book for its new 7-yr bond
Greece opened the book for its new seven-year bond on Thursday morning, expecting to collect at least 3 billion euros from the markets.
Observers anticipate the yield of the new benchmark-sized debt to amount to 3.75 percent, maturing on February 15, 2025.
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Athens to hold off on bond issue until dust settles
Greece is waiting for the dust to settle before it comes to market with a seven-year euro benchmark.
Following a day of volatility in equity markets, Greece on Wednesday continued to monitor conditions and collect investor feedback ahead of bringing the trade.
Greece takes rain check after savage equity sell-off
Greece has opted not to go ahead with a seven-year benchmark on Tuesday, taking a cautious stance after a brutal sell-off roiled equity markets.
Greek authorities moving forward with issue of 7-year bond
Greek authorities are moving forward with plans to issue a seven-year government bond, sources said on Monday.
The state has hired five banks -- Barclays, BNP Paribas, Citi, J.P. Morgan and Nomura -- for the transaction.