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The Latest Breaking News from Venkat

Barclays to restart investment banking in Saudi Arabia 11 years after exit

The bank said the expansion was ‘central to our Middle East growth strategy’, as it follows in the footsteps of rival lenders re-entering the market.

The Independent UK

Barclays joins rival in cautioning against hiking bank taxes

The lender’s boss said raising taxes for banks and other important sectors was not consistent with the Government’s pro-growth aims.

The Independent UK

Barclays bank to block trans women from using female toilets

Barclays also ditched the diversity targets at its US business earlier this month

The Independent UK

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Barclays confirms trans women to be barred from using ladies’ toilets

Group chief executive CS Venkatakrishnan said the move follows the recent Supreme Court ruling that the term woman is defined by biological sex.

Evening Standard

Barclays sees profits surge as tariffs turmoil boosts trading activity

The banking group reported a better-than-expected 19% rise in pre-tax profits to £2.72 billion, despite setting aside more cash for bad debts.

Evening Standard

Barclays to hand share award worth £500 to staff after yearly profits surge by a quarter

The banking group will be handing out share awards worth £500 to the vast majority of its staff following the financial performance.

The Independent UK

Barclays to hand share award to staff after yearly profit surges by a quarter

The banking group will be handing out share awards worth £500 to the vast majority of its staff following the financial performance.

Evening Standard

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Revolut boss says ‘not rational’ to float in UK over US stock market

Nik Storonsky’s remarks came as the chief executive of Barclays said London’s stock market had ‘shrunk’ while ‘the US has grown’.

Evening Standard

Barclays profit jumps nearly a fifth as investment bank cashes in on dealmaking

The bank reported a pre-tax profit of £2.2 billion between July and September.

Evening Standard

Inflatable tubs, ice-making machine: Inside a Delhi hospital unit to tackle heat stroke cases

On a blistering Saturday afternoon, a homeless man in his sixties was found unconscious near the Ram Manohar Lohia hospital in Delhi. He was brought in with a body temperature of 107 degrees Fahrenheit, and immersed in a tub filled with water and ice cubes. About an hour and another…

Newslaundry

Nice targets, but scepticism is hard to shake at Barclays

Pledge to return £10bn to shareholders is overshadowed by investment division concerns

The Guardian - UK

U-turn and profits dip add up to tricky sell for Barclays

With rivals HSBC and Lloyds set to announce healthy earnings, it will be a tough week for the bank’s boss

The Guardian - UK

Barclays Bank is reportedly axing up to 2,000 jobs as part of a $1.25 billion cost-cutting plan

The British bank's CEO C.S. Venkatakrishnan is under pressure to lift Barclays's shares up after a stormy few years.

Fortune

Barclays raises fears for jobs after investment banking slowdown

The high-street lender suffered a slowdown at its investment bank and a rise in bad debts — profits fell 4% in the third quarter to £1.9 billion

Evening Standard

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The Independent UK

Barclays profit falls as banking giant considers cutting costs

Shares in the company tumbled by more than 8% on Tuesday morning after it gave an update on its financial performance for the third quarter.

The Hindu

Review of Sakina’s Kiss | Vivek Shanbhag delivers another winner with his new novel centred on a broken promise

Kannada writer Vivek Shanbhag's 2015 novel Ghachar Ghochar transformed Indian literary scene, shifting power away from English-language writers to fiction in translation. His latest, Sakina's Kiss, is another powerful work. The novel is narrated by Venkat, a mid-level executive whose life is defined by mediocrity. When a group of menacing…

The Hindu

How a passion for quizzing and sport kicked off this writer’s career

Cricket trivia changed Joy Bhattacharjya’s life. In 1996, he got a job researching a cricket quiz, leading to 25 years in sports. He set quizzes for several cricketers and cricketing teams, and has now co-authored a book on cricket trivia, The Great Indian Cricket Circus

The Hindu

Parents association wants State govt. not to delay school fee report

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Bristol Post

“Barclays funds climate chaos – people are dying right now"

Things turned heated at Barclays’ annual meeting

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