Two UK Court Rulings Limit Corporate Responsibility for Employee Conduct April 2, 2020 By Ellen Milligan UK companies may let out a “sigh of relief” after Barclays Plc and Wm Morrison Supermarkets Plc won a pair...
UK Financial Services Sector to Remain Largely Unscathed from Brexit: Barclays’ Chief July 25, 2018 By Sinead Cruise and Andrew MacAskill Britain’s banking industry will emerge largely unscathed from Brexit and retain its position as one of the world’s top two...
P/C Insurance Executives Express Cautious Optimism for 2017 January 23, 2017 By Elizabeth Blosfield A panel of financial experts discussed the opportunities and challenges they see ahead in 2017 at the Insurance Information Institute’s...
Barclays Says It Conducts ‘World’s First’ Blockchain-Based Trade Finance Deal September 8, 2016 By Jemima Kelly Barclays and an Israel-based start-up company have carried out what they say is the world’s first trade transaction using blockchain...
Willis to Join S&P’s 500 Index on Jan. 4 December 29, 2015 By Sonali Basak Willis Group Holdings Plc, the insurance broker that’s planning a merger with consulting firm Towers Watson & Co., will join...
P/C Insurers Face Challenge to Match 2013 Results in 2014 January 15, 2014 By Young Ha The U.S. property/casualty insurance industry reported strong performance in 2013, but in 2014, the industry may find it difficult to...
Britain’s Barclays, RBS Hit Over High Compensation Scheme March 11, 2013 By Matt Scuffham and Steve Slater Britain’s Barclays and RBS paid more than 500 staff over 1 million pounds ($1.5 million) in 2012, a year when...
Barclays Faces Libor Claim in Landmark UK Court Case October 25, 2012 By Matt Scuffham Barclays will face on Monday the first claim for damages stemming from manipulation of the Libor interest rate in a...
Barclays Bank Shows Retail Intent with Takeover of ING Direct October 10, 2012 By Anjuli Davies and Steve Slater Barclays’ new chief executive set the course firmly towards retail banking on Tuesday with his first deal since replacing Bob...
Travelers’ CEO Fishman: Rate Increases Continuing September 11, 2012 Insurance rates continued to rise in the third quarter for both businesses and individual customers, extending the pricing power that...