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☆ Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs
▼ + stars: | 2024-11-11 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

President Donald Trump meets business leaders at the Great Hall of the People in Beijing, China, in November, 2017. Donald Trump's victory in U.S. elections has raised the specter of higher tariffs on China — but it may not be the only Asian country that faces this predicament, according to Goldman Sachs. Meanwhile, Vietnam's trade surplus with the U.S between January and September stands at $90 billion. U.S. data shows that the U.S. trade deficit with China narrowed to $279.11 billion in 2023, from $346.83 billion in 2016. Regardless of tariffs, Goldman still expects continued pressure for the relocation of certain supply chains from China to Southeast Asia, India or Mexico in particular.

Persons: Donald Trump, Donald Trump's, Goldman Sachs, Trump, Andrew Tilton, Tilton, Mr Trump, Trump's, Brian Tan, Mari Pangestu, Pangestu, Goldman Organizations: of, People, Pacific, Trump, U.S, United, Emerging Asia, Barclays Bank, FT Commodities Locations: Beijing, China, U.S, Asia, Korea, Taiwan, Vietnam, South, United States, India, Japan, Singapore, Thailand, Malaysia, Mexico, Indonesia, Trump, Southeast Asia

☆ Dutch government to reduce its stake in ABN Amro by a quarter
▼ + stars: | 2024-10-15 | by ( April Roach | ) www.cnbc.com time to read: +1 min

The Dutch government on Tuesday said it will reduce its stake in lender ABN Amro by a quarter to 30% through a trading plan. Shares of the Dutch bank traded 1.2% lower at the market open and was last down 0.6% as of 9:15 a.m. London time. The Dutch government, which currently holds a 40.5% interest in ABN Amro, announced via its investment vehicle firm NLFI that it will sell shares using a pre-arranged trading plan set to be executed by Barclays Bank Ireland. ABN Amro was bailed out by the state during the 2008 financial crisis and later privatized in 2015. The U.K. and German administrations have both made moves this year to reduce their respective shareholdings in NatWest and Commerzbank.

Persons: UniCredit, Commerzbank Organizations: ABN Amro, Barclays Bank Ireland, NatWest, Commerzbank Locations: London, Europe

While HYSA rates are dropping, they're still far higher than many traditional savings account rates. With the Fed cutting rates for the first time in four years, many are anticipating a decrease in the interest rates on high-yield savings accounts — finding a high-yield savings account with a 5% interest rate is already getting harder. High-yield savings accounts are low-riskOne major reason to keep your money in a high-yield savings account is that it is a low-risk option. Interest rates still beat other savings accountsOne of the best reasons to keep your money in a high-yield savings account is the higher interest rate compared to traditional bank savings accounts. High-yield savings accounts are still ideal for your emergency fundHigh-yield savings accounts are an excellent choice for short-term (up to a year) and medium-term (one to five years) financial goals.

Persons: they're, Jovan Johnson Jovan Johnson, Jovan Organizations: Barclays Bank, Bank of America, CPA, Instagram Locations: Atlanta , Georgia

The Barclays 6 Month Online CD is paying 5.10% APY, but it may not be for long. This is because CD rates are directly impacted when the Federal Reserve changes rates. Most notably, the well-known online bank Barclays Bank still has a 6-month CD paying 5.10% annual percentage yield (APY) on a 6-month CD, but it may not be for long. How to earn 5.10% APY on a Barclays CDSince Barclays is an online-only bank, you'll have to apply for the Barclays 6 Month Online CD online. She edits and updates articles about banks, checking and savings accounts, CD rates, budgeting, and general saving.

Persons: you'll, Sophia Acevedo, Sophia, Axel Springer, Education Sophia Organizations: Fed, Barclays, Federal Reserve, Barclays Bank, Business, Finance, Bank, Savings, Education, California State University Fullerton, National Association of Hispanic Journalists, Angeles Locations: California

☆ Ad protests target Wimbledon’s ‘strawberries and cream’ image over event’s ties with Barclays
▼ + stars: | 2024-07-01 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

Brandalism said it launched the campaign against Barclays Bank, which has a multi-year sponsorship deal with Wimbledon reportedly worth more than $25 million, over its ties to the fossil fuel industry and companies that supply arms to Israel. “Wimbledon must stop providing cover for Barclays’ grotesque lack of morals and immediately end the sponsorship deal,” Speedwell added. One of the “hacked” billboards shows the body of a tennis player on a grass court. Another of the pieces of art -- by Matt Bonner -- protesting Barclays' sponsorship of Wimbledon. BrandalismIn the statement, the bank argued that investing in oil and gas assets would continue to be important as the clean energy industry develops.

Persons: Brandalism, “, Kit Speedwell, ”, Darren Cullen, Barclays “, embargos, Matt Bonner, Tom Pilston Organizations: CNN, Wimbledon, Barclays Bank, Barclays, Brandalism, Lawn Tennis, Palestine Solidarity, Wimbledon Foundation, NATO, Transition Finance Locations: London, Israel, Europe, Gaza, Palestine, Brandalism

☆ SXSW decision to end US Army sponsorship spotlights political tightrope for festival organizers amid Israel-Hamas war
▼ + stars: | 2024-06-28 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +7 min

“After careful consideration, we are revising our sponsorship model,” read an official statement shared on the SXSW website. In 2023, The Ireland-Palestine Solidarity Campaign (IPSC) announced that their “Irish Artists Pledge to Boycott Israel” had passed 1,500 signatories, including Kneecap. SXSW isn’t the only music festival that has seen artists pull out over sponsorships since the Israel-Hamas war began. Obviously, we pulled out of SXSW because it was literally sponsored by the American army, but we’re not f–kin’ ridiculous either.”The SXSW festival began in 1987. Greg Abbott took to social media to comment on the SXSW protesters, prompting the festival to publicly disagree with the governor.

Persons: Jamie Dobson, “, Selena Gomez, Meghan, Duchess of Sussex, Mark Cuban, Israel, Kneecap, Rich Peppiatt, Liam Óg Ó, Ó Cairealláin, Jj Ó, Justin Bettman, Boycott Israel ”, Dan Lambert, Lambert, Robert MacPherson, Greg Abbott, Don’t, ” Abbott, don’t, ”, Governor Abbott Organizations: CNN, Southwest, Hamas, SXSW, US Army, U.S, Army Futures Command, US Army Futures Command, Army, Hollywood, Irish, Palestine Solidarity, Barclays Bank, Barclays, Live, Reuters, Texas Gov Locations: Israel, Austin, The Texas, Palestine, Ireland, The Ireland, Gaza, Texas

☆ A timeline of things going sour between Dave Grohl and Taylor Swift, as she appears to hit back at his suggestion she doesn't play live
▼ + stars: | 2024-06-24 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Foo Fighters frontman Dave Grohl joked that Taylor Swift doesn't perform live. Swift appeared to respond by saying her band plays live for three and a half hours at each show. The comments came after Swift fans harassed Grohl's teenage daughter earlier this year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTaylor Swift appeared to respond to Foo Fighters singer Dave Grohl's accusation that she doesn't play live over the weekend, as relations between the two appear to have soured.

Persons: Dave Grohl, Taylor Swift, Swift, Grohl's, —, Dave Grohl's Organizations: Foo, Service, Foo Fighters, Barclays Bank, Business

☆ Barclays bank branches vandalized by pro-Palestinian, climate activists
▼ + stars: | 2024-06-10 | by ( Catherine Nicholls | Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Around 20 branches of Barclays have been vandalized by pro-Palestinian and climate activists who said they were protesting against the UK bank’s business dealings in Israel and its funding of polluting industries. “Frustration with Barclays’ limited progress towards stopping their genocidal and climate-destructive financing has helped spawn this new radical flank of activism,” Palestine Action said. “Shut the System and Palestine Action have taken radical direct action in frustration with Barclays’ paltry progress on changing their climate destroying and genocidal financing,” one post read. A number of pro-Palestinian groups have called for protests against Barclays, alleging that the bank invests billions of dollars in companies linked to Israel’s military. “The defense sector is fundamental to our national security and the UK government has been clear that supporting defense companies is compatible with (Environmental, Social and Governance) considerations.

Persons: “, Barclays “, ”, Guy Smallman, embargos Organizations: London CNN —, Barclays, CNN, BCS, Palestine Solidarity Campaign, Trade, NATO, Social, City of London Police Locations: Israel, London, Palestine, Edinburgh, Gaza, Croydon, City

☆ Barclays says it doesn't invest in defence firms supplying Israel
▼ + stars: | 2024-05-01 | by ( ) www.cnbc.com time to read: +2 min

A Palestinian flag is held by a cash machine during Dorset Palestine Solidarity Campaign's protest outside the branch of Barclays Bank, April 20, 2024 in Dorchester, United Kingdom. Barclays does not invest in companies that supply weapons used by Israel in Gaza, the British bank said on Wednesday, after one of its branches in London's financial district was targeted by pro-Palestinian activists. The bank has also faced criticism for providing financial services to defence firms that produce equipment used by the Israeli Defence Force. "We have been asked why we invest in nine defence companies supplying Israel, but this mistakes what we do," the lender said on its website. We are not making investments for Barclays and Barclays is not a 'shareholder' or 'investor' in that sense in relation to these companies," it said.

Organizations: Dorset Palestine Solidarity, Barclays Bank, Barclays, Israeli Defence Force, NATO, New York City, Columbia University campus, University of California, UCLA Locations: Dorset, Dorchester , United Kingdom, Israel, Gaza, Moorgate, London, U.S, New York, Los Angeles

☆ 4 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-02-17 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

A hotter-than-expected consumer price index on Tuesday sent stocks reeling, with the Dow posting its biggest drop in a year. Stocks bounced back over the next two days, helped by a softer retail sales report , only to slump again on Friday's hot producer price index for January. As we said this week, we're not overly concerned with the hotter-than-expected inflationary readings. Earnings season picks back up for the Club next week, with four holdings set to report quarterly results. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Wall, Stocks, we're, Palo, Fortinet, BCH's Bausch, Management doesn't, Dana, Bausch, Dr Pepper, Diana Shipping, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Walid Berrazeg Organizations: Dow Jones Industrial, Nasdaq, Dow, Federal Reserve, Club, Palo Alto, Palo, billings, Nvidia, Amazon, Microsoft, Bausch Health, Coterra Energy, Management, NYSE, Walmart, Axsome Therapeutics, Barclays Bank, Armstrong World Industries, Ceragon Networks, Tri Pointe Homes, Dana Incorporated, DigitalBridge, Oil States International, Systems, Allegion, CenterPoint Energy, Equitrans Midstream Corporation, Expeditors International of Washington, Alto Networks, SolarEdge Technologies, Enovix Corporation, Caesars Entertainment, Diamondback Energy, Toll, Ternium S.A, Celanese Corp, Chesapeake Energy, CVR Energy, Reserve, Vertiv Holdings Co, Properties Trust, Devices, HSBC Holdings plc, HSBC, Lomb, Sinclair Corporation, Pagaya Technologies, Gibraltar Industries, Garmin, NVIDIA, Rivian Automotive, Sunnova Energy International, Bros, Apache, Oil, Suncor Energy, Co, FNF, Sciences, Coeur D'Alene Mines, Trip.com, Joby Aviation, Resources, Alamos, Jackson, Nutrien, NTR, Pan, Sm Energy Company, Health, Newmont, Nikola Corporation, Cheniere Energy, Fiverr, Natural Resources, Point Credit, Lantheus Holdings, Builders, Grab Holdings, NICE, Dominion Energy, Harmony Biosciences Holdings, Teck Resources Limited, Intellia Therapeutics, Energy, Booking Holdings, Intuit, Semiconductor, Nation Entertainment, Vale S.A, Rocket Companies, Warner Bros ., AerCap Holdings, Natural Holdings, Calumet Specialty Products Partners, Frontier Communications, Jim Cramer's Charitable, CNBC, Lightrocket, Getty Locations: billings, Palo Alto, China, Xifaxan, Tri Pointe, Avista, Gibraltar, Coeur D'Alene, Pan American, Teck, Vale

A view shows signage on a branch of Barclays Bank in London, Britain, March 17, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsDec 4 (Reuters) - Qatar Holding is looking to sell around 510 million pounds ($643.72 million) of shares in Barclays (BARC.L), one of the banks acting on the deal said on Monday, cutting back on its crisis-era investment in the British bank. The deal is set to price at 141 pence per share, or a discount of about 1.4% to Barclays' closing share price on Monday. The share sale comes as Barclays is striving to revive its share price, which has halved since Qatar first invested in 2008. Qatar has previously cashed in on warrants acquired through the capital injection.

Persons: Peter Nicholls, Pablo Mayo, Juby Babu, Anil D'Silva, Jane Merriman, Josie Kao Organizations: Barclays Bank, REUTERS, Barclays, Qatar, Venkatakrishnan, Reuters, Pablo Mayo Cerqueiro, Thomson Locations: London, Britain, Qatar, British, Germany, Bengaluru

☆ Barclays eyes up to 900 job cuts in Britain - union
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

Barclays Bank logo is seen in this illustration taken March 12, 2023. A Unite spokesperson said that Barclays (BARC.L) staff were informed of the potential cuts at 1300 GMT. A Barclays spokesperson declined to comment on the number of job cuts, but referred to the bank's announcement alongside its third quarter results last month that it would look to reduce costs. "We are taking a number of actions to simplify and reshape the business, improve service, and deliver higher returns. Venkatakrishnan is racing to boost Barclays' returns ahead of an investor update in February, when he will unveil more details of the cost-cutting plan and how the bank plans to grow income.

Persons: Dado Ruvic, Iain Withers, Lawrence White, Sinead Cruise, Kirsten Donovan Organizations: Barclays Bank, REUTERS, Barclays, Group, Reuters, C.S, Thomson

☆ Barclays in talks to buy Metro Bank's mortgage book worth $3.74 bln - Sky News
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

A view shows signage on a branch of Barclays Bank in London, Britain, March 17, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsNov 27 (Reuters) - Britain's Barclays (BARC.L) is in exclusive talks to buy embattled lender Metro Bank's (MTRO.L) 3 billion pound ($3.74 billion) residential mortgages portfolio, Sky News reported on Monday. Both Barclays and Metro Bank declined to comment. The report comes after Britain's best-known challenger bank announced a 325 million pound capital raise and 600 million pound debt refinancing in early October, in a bid to bolster its finances. Last month, Santander's (SAN.MC) chief executive officer Hector Grisi had said the Spanish bank may consider looking into acquiring a mortgage portfolio from Metro.

Persons: Peter Nicholls, Britain's, Jaime Gilinski, Hector Grisi, Eva Mathews, Anil D'Silva, Shilpi Majumdar Organizations: Barclays Bank, REUTERS, Britain's Barclays, Metro, Sky News, Barclays, Metro Bank, Separately, Reuters, Thomson Locations: London, Britain, Colombian, Metro, Spanish, Bengaluru

Barclays Bank logo is seen in this illustration taken March 12, 2023. As part of these 1,500 to 2,000 jobs could be cut if implemented in full, the person said. Barclays' 1 billion pound cost saving target would represent about 7% of the bank's underlying annual operating expenses of 15 billion pounds in 2022. Meanwhile, annual staff costs at BX have risen to 2 billion pounds, from 1.8 billion pounds. Barclays is "evaluating material structural cost actions", Venkat said when it reported disappointing third quarter results in October.

Persons: Dado Ruvic, C.S, Venkatakrishnan, Venkat, Sinead Cruise, Lawrence White, Alexander Smith Organizations: Barclays Bank, REUTERS, Barclays, Services, Chief, Barclays Execution Services, BX, Deutsche Bank, BNP, UBS, Reuters, Boston Consulting Group, Thomson Locations: British

Barclays Bank logo is seen in this illustration taken March 12, 2023. Tesco Plc and Tesco Bank declined to comment. It could not be established how much the proposed deal would value the Tesco Bank assets. Tesco Bank was launched in 1997 as a joint venture between the British supermarket group and Royal Bank of Scotland, with Tesco later taking full control of the company. Despite seeing it as a growth area in the past, Tesco has been scaling back its banking services, including no longer offering current accounts and offloading its mortgage portfolio to Lloyds Banking Group (LLOY.L).

Persons: Dado Ruvic, Amy, Jo Crowley, Pablo Mayo Cerqueiro, Lawrence White, Iain Withers, Anousha Sakoui, Jane Merriman Organizations: Barclays Bank, REUTERS, Barclays, Reuters, Tesco Bank, Tesco, Tesco Plc, British, Royal Bank of Scotland, Lloyds Banking Group, Thomson Locations: British, Kensington

[1/2] The logo of Barclays bank is seen on glass lamps outside of a branch of the bank in the City of London financial district in London September 4, 2017. The SEC central clearing rule, first proposed in September last year, would apply to the cash Treasury and repurchase agreements (repo) markets, where banks and other players such as hedge funds borrow short-term loans backed by Treasuries. "This creates a potential single-point of failure risk as recent events illustrate," he said, referring to the ICBC hack. Abate also flagged cybersecurity risks for direct members of the FICC, as well as clients they sponsor to access the clearing platform, saying mandatory central clearing could make FICC "a fortress with many doors." The SEC is expected to finalize the rule early next year, said Barclays, but it is unclear how much time the industry would have to implement it and whether central clearing will occur simultaneously for Treasuries and repo transactions.

Persons: Toby Melville, Joseph Abate, ICBC, BNY Mellon, Abate, DTCC, Treasuries, Davide Barbuscia, Marguerita Choy Organizations: Barclays, REUTERS, U.S . Securities, Exchange Commission, Commercial Bank of China's, SEC, Treasuries, Corporation, Depository Trust, Clearing Corporation, U.S . Treasury, Reuters, Thomson Locations: City, London, Commercial Bank of China's U.S, U.S

☆ Barclays is sued over ex-CEO's ties to Jeffrey Epstein
▼ + stars: | 2023-11-03 | by ( Jonathan Stempel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

REUTERS/Toby Melville/File Photo Acquire Licensing RightsNov 3 (Reuters) - Barclays (BARC.L) was sued this week by investors in its U.S.-listed securities who said the British bank misled them about former Chief Executive Jes Staley's ties to the disgraced financier Jeffrey Epstein. Staley was Barclays' chief executive from 2015 and 2021. The investors said Barclays concealed or made misleading statements about Staley's and Epstein's relationship in public statements, regulatory disclosures about risks it faced, and communications with Britain's Financial Conduct Authority. A Nov. 9 hearing is scheduled in Manhattan federal court to consider final approval of the victims' settlement. The case is Merritt v Barclays Plc et al, U.S. District Court, Central District of California, No.

Persons: Toby Melville, Jes, Jeffrey Epstein, Staley, Epstein, C.S, Jonathan Stempel, Daniel Wallis Organizations: Barclays, REUTERS, JPMorgan Chase, Britain's Financial, Authority, Investors, New York Times, JPMorgan, U.S ., Merritt, Barclays Plc et, Court, District of, Thomson Locations: City, London, Los Angeles, Manhattan, U.S . Virgin Islands, U.S, District, District of California, New York

☆ An ex-Goldman Sachs banker who passed secrets to his squash buddy just got jailed for 3 years
▼ + stars: | 2023-11-02 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Brijesh Goel, a former investment banker at Goldman Sachs, was jailed for three years. US District Judge P. Kevin Castel told Goel he "lied again and again and again" on the stand. AdvertisementAdvertisementA former Goldman Sachs investment banker who was found guilty of insider trading and obstruction of justice was jailed for three years by a New York judge. AdvertisementAdvertisement"You took the stand right in this chair and you lied again and again and again," the judge told Goel. "I apologize to Goldman Sachs, to my colleagues, everyone who felt betrayed by my actions."

Persons: Brijesh Goel, Goldman Sachs, P, Kevin Castel, Goel, —, Akshay Niranjan, Niranjan, Goel texted Akshay, he'd, Akshay, Damian William Organizations: US, Service, Goldman, Barclays, Securities Exchange Commission, Southern, of, Bloomberg Locations: New York, of New York

Barclays Bank logo is seen in this illustration taken March 12, 2023. The redundancies account for about 3% of employees in the bank's U.S. consumer division, said the source, who declined to be identified discussing personnel matters. "These decisions are never easy and employees whose roles have been impacted will receive a full range of transition services." Venkatakrishnan said the lender will update investors on the areas impacted when Barclays reports full year results in February. The bank is already drawing up plans to cut hundreds of jobs in its domestic retail bank and cut staff in its investment bank, Reuters reported last month.

Persons: Dado Ruvic, C.S, Venkatakrishnan, murkier, Lananh Nguyen, Lawrence White, Chizu Nomiyama, Nick Zieminski Organizations: Barclays Bank, REUTERS, Barclays Plc, Barclays, Reuters, Thomson Locations: U.S, New York, London

A branch of Barclays Bank is seen, in London, Britain, February 23, 2022. Barclays shares fell nearly 7% in early trading, while shares in rivals Lloyds (LLOY.L) and NatWest (NWG.L) each dipped around 3%. SLUGGISH INVESTMENT BANKThe lender reported pre-tax profit for the July-September period of 1.9 billion pounds ($2.33 billion) on Tuesday, down from 2 billion pounds a year ago but above a consensus analyst forecast of 1.77 billion pounds. Barclays reported a 6% drop in income at its investment bank for the quarter, following a similarly downbeat performance at the half-year results update in July. ($1 = 0.8151 pounds)Reporting By Lawrence White and Iain Withers; Editing by Kirsten Donovan and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

Persons: Peter Nicholls, Venkatakrishnan, Goldman Sachs, Morgan Stanley's, Venkat, Matt Britzman, Hargreaves Lansdown, Jes Staley, Jeffrey Epstein, Staley, Lawrence White, Iain Withers, Kirsten Donovan, Emelia Organizations: Barclays Bank, REUTERS, Barclays, Lloyds, NatWest, JPMorgan, Reuters, Banking, Jefferies, Revenue, Bank of America, Financial, Authority, Thomson Locations: London, Britain

Last February, the State Department said that Hamas raises funds in other Gulf countries and gets donations from Palestinians, other expatriates and its own charities. Blockchain researchers TRM Labs said this week in a research note that crypto fundraising has previously increased following rounds of violence involving Hamas. However, since last weekend's violence, prominent Hamas-linked support groups had moved just a few thousands dollars through crypto, TRM noted. Between Dec. 2021 and April this year, Israel seized almost 190 crypto accounts it said were linked to Hamas. SHIPS AND SHELLSWhether through crypto or other means, Hamas' allies have found ways to get money to Gaza.

Persons: Matthew Levitt, Levitt, Tom Robinson, TRM, Israel, they've, Stephen Reimer, Saeed Azhar, Sinead Cruise, Tom Wilson, Tommy Wilkes, Andrew Mills, John O'Donnell, Frank Jack Daniel Our Organizations: LONDON, Hamas, Barclays, Islamic Resistance Movement, State Department, Reuters, TRM Labs, The U.S . State Department, U.S . Treasury, UN, Qatari, Royal United Services Institute, Parisa, Thomson Locations: DUBAI, Gaza, Israel, U.S, Iran, Qatar, United States, Britain, The, Turkey, Saudi Arabia, Tehran, Islamic Republic, New York, London, Doha, Dubai

☆ Analysis-Hamas' Cash-To-Crypto Global Finance Maze in Israel's Sights
▼ + stars: | 2023-10-13 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +6 min

In the past, Hamas has said financial restrictions placed on its donors were an attempt to neutralise legitimate resistance against Israel. However, since last weekend's violence, prominent Hamas-linked support groups had moved just a few thousands dollars through crypto, TRM noted. Between Dec. 2021 and April this year, Israel seized almost 190 crypto accounts it said were linked to Hamas. SHIPS AND SHELLSWhether through crypto or other means, Hamas' allies have found ways to get money to Gaza. "Qatari aid to the Gaza Strip is fully coordinated with Israel, the UN and the U.S.," the Qatari government official said.

Persons: Al Sayegh, John O'Donnell, Elizabeth Howcroft, Matthew Levitt, Levitt, Tom Robinson, TRM, Israel, they've, Stephen Reimer, Saeed Azhar, Sinead Cruise, Tom Wilson, Tommy Wilkes, Andrew Mills, Frank Jack Daniel Organizations: Elizabeth Howcroft LONDON, Reuters, Hamas, Barclays, Islamic Resistance Movement, State Department, TRM Labs, The U.S . State Department, U.S . Treasury, UN, Qatari, Royal United Services Institute, Parisa Locations: DUBAI, Gaza, Israel, U.S, Iran, Qatar, United States, Britain, The, Turkey, Saudi Arabia, Tehran, Islamic Republic, New York, London, Doha, Dubai

☆ Barclays appoints Geoffrey Belsher as new Canada CEO
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +1 min

Barclays Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 13 (Reuters) - Barclays (BARC.L) on Friday named investment banking veteran Geoffrey Belsher as chairman and country chief executive officer for Canada, effective Oct. 16. Belsher has previously held senior role in Canadian Imperial Bank of Commerce (CM.TO). He was also the president of Canadian operations of Barclays Capital and its predecessor Lehman Brothers Canada, according to the company's statement. Belsher would be based in Toronto and report to CEO of Americas Richard Haworth and the global co-heads of investment banking Cathal Deasy and Taylor Wright.

Persons: Dado Ruvic, Geoffrey Belsher, Belsher, Richard Haworth, Cathal Deasy, Taylor Wright, Bruce Rothney, Pritam Biswas, Shilpi Majumdar Organizations: Barclays Bank, REUTERS, Barclays, Canadian Imperial Bank of Commerce, Barclays Capital, Lehman Brothers Canada, Citigroup, Jefferies Financial, Reuters, Thomson Locations: Canada, Toronto, U.S, Bengaluru

But in email messages, Staley described Epstein as one of his “deepest” and “most cherished” friends, according to the regulator. The FCA’s decision is provisional and Staley, who has previously said he “deeply regrets” his relationship with Epstein, can appeal at an ensuing tribunal. Barclays said that following the FCA’s decision, Staley was ineligible for, or would forfeit, bonuses and share awards totaling 17.8 million pounds (21.9 million). Staley has said that he had no contact with Epstein once he joined Barclays in December 2015. JP Morgan also reached a confidential settlement with Staley, who it had sued for allegedly concealing his personal activities with Epstein from the bank.

Persons: Jes Staley, Jeffrey Epstein, Staley, “, Epstein, JP Morgan, ”, Therese Chambers, “ Staley, Chambers, Staley’s, JP Morgan Chase Organizations: —, Barclays Bank, Authority, Barclays, FCA, JP, U.S . Virgin Locations: U.S, Caribbean

☆ UK's embattled Metro Bank expected to struggle to raise capital with 'no easy solutions'
▼ + stars: | 2023-10-06 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

The U.K.'s embattled Metro Bank has launched talks to sell a third of its mortgage book in an urgent attempt to shore up its balance sheet. LONDON — The U.K.'s Metro Bank will likely struggle to raise fresh capital to shore up its balance sheet, according to analysts, who outlined bleak prospects for the beleaguered bank. The turmoil came amid reports that the embattled bank was seeking to raise up to £250 million ($305 million) in equity funding and £350 million of debt. Metro Bank confirmed in a statement early Thursday that it was considering "how best to enhance its capital resources." Metro Bank did not immediately respond to CNBC's request for comment on the reports; nor did any of the rival banks cited.

Persons: Fitch Organizations: Metro Bank, HSBC, Lloyds Banking Group, NatWest Group, Sky News, Investment, Bank of, Barclays Bank Locations: Wednesday's

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