Barclays

€STR, Barclays, ECB, Leverage Ratio

The ECB Banking Supervision’s decision limits the impact of banks’ balance sheet expansion due to the big reserves increase on their lending activity and market intermediation. Barclay analysts do not…

Barclays launches FX trading and pricing engine in Singapore

September 17, 2020

Barclays, BARX, FX, MAS, Singapore

Barclays announced that it will deploy its latest FX trading and pricing engine BARX in Singapore, under the Monetary Authority of Singapore’s (MAS) FX Trading Hub strategy. This will include…

Barclays: using ISDA CDM for authoritative data stores

July 15, 2020

Barclays, CDM, data management

In this paper, Aishwarya Nair and Lee Braine from Barclays’ Chief Technology Office explore opportunities for the post-trade industry to standardize and simplify in order to significantly increase efficiency and…

Barclays and IBM publish research on quantum optimization application for settlement

October 17, 2019

Barclays, IBM Q, Quantum Computing, settlement

Quantum computers process information using the laws of quantum mechanics. They are well suited for a number of tasks such as simulating quantum mechanical systems and factoring. Additionally, quantum computers…

Citi, J.P. Morgan and SocGen join UCITS ETF platform

October 3, 2019

Barclays, Citi, ETFs, hanETF, J.P. Morgan, Societe Generale, UCITS

HANetf, Europe’s first independent ‘white label’ UCITS ETF platform has confirmed a further tranche of Authorised Participants (APs) for its range of on-platform funds: Citigroup Global Markets, JP Morgan Securities…

Bloomberg: Deutsche Bank Sells Equity Derivatives to Goldman, Barclays

September 19, 2019

Barclays, Deutsche Bank, equity derivatives, Goldman Sachs, Morgan Stanley

Deutsche Bank AG completed the first in a series of auctions of equities-trading assets as the German lender exits the business after years of underperformance. The portfolios of equity derivatives,…

Capital markets blockchain weekly roundup

August 15, 2019

Barclays, blockchain, CBDC, Coinbase, digitization, exchanges, fintech, PBOC

Our weekly list of announcements about how capital markets and regulators are engaging with digital assets. CoinDesk: Barclays ends banking relationship with crypto exchange Coinbase Barclays is no longer working…

The Trade: Barclays to provide US client swaps clearing through Eurex

June 16, 2019

Barclays, Eurex, IRS, OTC derivatives

Barclays has confirmed that it has become the latest investment bank to provide its clients based in the US with access to Eurex for clearing of interest rate swaps. The…

Barclays launches “next generation” trading platform

May 9, 2019

advanced analytics, Barclays, electronic trading

Barclays announced BARX as its newly integrated, cross-asset electronic trading platform across equities, fixed income, futures, and FX. It will: harness Barclays’ data science capabilities to deliver better trade analytics;…

MIT SMR: what finance execs think about data as asset

February 8, 2019

Barclays, data analytics, MIT Sloan Management Review, SAS, Sun Life Financial

Deriving more value from analytics and emerging technologies like artificial intelligence starts with trust, simply because data collected for analytics must be trusted. On behalf of SAS, MIT SMR (Sloan…

Barclays and Santander invest in UK fintech’s £56m fundraise

January 21, 2019

Barclays, fundraising, MarketInvoice, Northzone, Santander InnoVentures, Viola Credit

Fintech business lender MarketInvoice announced it’s raised a total of £56 million ($72mn) in equity and debt funding. New equity raised stood at £26 million ($33.5mn) in a Series-B funding…

Barclays accelerator grad Seldon raises £2.7m in seed round

January 16, 2019

Barclays, fundraising, machine learning, Seldon

Machine learning deployment startup Seldon announced a £2.7 million ($3.5mn) funding round led by Amadeus Capital Partners alongside Global Brain Corporation, Techstars and other existing investors. Commercial success is being…

What IBM said about AI and quantum at CES 2019

January 11, 2019

Artificial Intelligence, Technology

artificial intelligence, Barclays, Big Data, CES 2019, IBM, IBM Q, J.P. Morgan, Mizuho, Quantum Computing, QxBranch

CES, held in Las Vegas, is one of the year’s most closely watched consumer technology extravaganzas, and while financial services is not exactly spotlighted, IBM’s keynote had some announcements worth…

Barclays moving some securities financing business from UK to Ireland

October 31, 2018

As part of its planning to ensure continuity of service provision to clients in the European Economic Area outside the United Kingdom (EEA), and in response to the proposed withdrawal…

Financial News: Barclays halts work on cryptocurrency trading project

October 15, 2018

Barclays, cryptocurrencies

Barclays has halted work on a cryptocurrency trading project including what IT infrastructure is needed, according to sources familiar with the situation speaking to Financial News, in the latest twist…

FN: Barclays creates senior team for crypto trading

August 7, 2018

Barclays, digital assets

Three senior executives at Barclays are said to be investigating how UK bank can integrate a digital assets trading desk into its markets business. The senior staff will explore how it can…

Barclays, JPM, NEX in $14mn round for voice trading on Cloud9

August 1, 2018

Barclays, Cloud9, J.P. Morgan, NEX Group

Cloud9 has completed a $14 million Series B raising, led by Barclays and including J.P. Morgan and NEX Group. Point72 is also listed as a partner on the firm’s website.…

FT: Barclays plans to split euro trading hub over Brexit

April 9, 2018

Barclays, Brexit, euro-clearing

Barclays is preparing to split its euro rates trading team because of Brexit and plans to move part of the unit that trades eurozone government bonds and interest rate swaps…

LiquidityEdge launches off-the-run US Treasuries trading with Barclays and Credit Suisse

November 7, 2017

News and Notes, News and Notes – Fintech

Barclays, Credit Suisse, electronification, Liquidity Management, LiquidityEdge, US Treasuries

Electronic US Treasuries (UST) trading venue LiquidityEdge has launched the market’s first ever fully electronic aggregated streaming service for off-the-run USTs. Three primary dealers including Barclays and Credit Suisse have…

Barclays’ ServCo introduces a new type of player into the service provider market

September 25, 2017

Richard Stinchfield

Operations, Prime Brokerage, Regulatory, Risk Management, Securities Lending, Technology, UK

Barclays, enterprise operations, ring-fencing, UK

Barclays is setting its sights on returning to securities finance prominence. According to reports, Barclays’ current ability to try to recapture its one-time leading industry role in equity and fixed…

Major global banks look to digital currency to speed cross-currency settlement

September 13, 2017

Richard Stinchfield

Blockchain, ECB, Federal Reserve, Fintech, Market infrastructure, Operations, Settlements, Technology

Barclays, blockchain, CIBC, Credit Suisse, FX, HSBC, MUFG, State Street, UBS, utility settlement coin

Late in 2015, UBS announced it was working on a blockchain-based digital currency for capital markets, called the utility settlement coin (USC). The USC would be used to facilitate settlement…

Barclays operations restructuring addresses a little-recognized ring-fencing risk (Premium)

February 20, 2017

Richard Stinchfield

Europe, Market infrastructure, Operations, Regulatory, Technology, UK

Barclays, operations, ring-fencing, technology, topstory, UK

This month, global banking giant Barclays PLC announced that it will form a new, standalone operations entity divorced structurally and financially from its underlying banking units. This is a new…

Banks are shedding clients – where will they go? (Premium)

December 20, 2016

Basel III, Investments, Regulatory

banks, Barclays, Bloomberg, Deutsche, topstory, WSJ

The news is out that Deutsche Bank and Barclays will soon part with thousands of client relationships, while other banks have already engaged in culling exercises. Banks are making this…

An overview and commentary on Barclays' Strategic Review – will it work? (Finadium subscribers only)

February 13, 2013

Basel III, Regulatory

Barclays, Equities, Fixed Income

On Tuesday February 12, Barclays CEO Antony Jenkins announced a strategic review of the entire banking organization, promising to TRANSFORM (their acronym) the Barclays business and culture and make it…

The convergence between LIBOR and CD rates

October 25, 2012

Europe, LIBOR, Regulatory, Uncategorized

bankrate.com, Barclays, CD rates, CFTC, JP Morgan, LIBOR, negotiable CDs, Sober Look, Wheatley Review

The blog Sober Look published a post yesterday called “LIBOR converging with CD rates; CD transparency proves useful” which posited that the LIBOR curve will be based on CD rates.…

The Wheatley Review looks to the CFTC for LIBOR methodology

October 18, 2012

Europe, LIBOR

Barclays, CFTC, FSA, LIBOR, Wheatley

The Wheatley LIBOR review made reference to the order that Barclays entered into with the CFTC. They liked the CFTC methodology used to determine LIBOR so much that the review…

Speculation on LIBOR fines and lawsuit costs: lots of opinions, not a lot of facts

July 18, 2012

LIBOR

Barclays, CFTC, FSA, KBW, LIBOR scandal, US Department of Justice

We are already into the next phase of the LIBOR scandal: how much will it cost the banks? Boy that was fast. Numbers are divided up into two broad categories:…

Aftershocks of the LIBOR scandal, including market movements on alternatives

July 2, 2012

Derivatives, Europe, Repo

Barclays, ICAP, LIBOR, RONIA

The news that LIBOR has been rigged and that Barclays has settled with regulators, while not a total shocker, has certainly sent shockwaves throughout financial markets. For years, LIBOR has…

The demise of LIBOR: the pricing scandal is only part of the problem

June 28, 2012

Derivatives, Europe, Liquidity Management, Repo

Barclays, CFTC, EURIBOR, FSA, LIBOR, OIS, US Department of Justice