BGN Entrepreneur

The head of the Small Business Barclays’ unit has criticized the idea of industry-wide government targets for lending to small businesses. Steve Cooper told the Financial Times that it could approve loans result in the banks to achieve goals, rather than on the merits of the applications.
The Government is currently considering the option of extending [...]

The banking group—Barclays is to shun the taxpayer-backed toxic debt insurance scheme in order to avoid government interference. Yesterday, it just turned down an opportunity to join the Asset Protection Scheme as it could not agree fees and as it wants to prevent the State taking an equity stake.
According to the city watchdogs, after stress-testing [...]

It has been reported that, in a bid to strengthen its finances, Barclay, the giant in the banking sector, is now planning to sell off its private equity arm to management.
In order to raise funds, the bank could also sell off about 50% of its private equity investments. This change could see Barclay spin off [...]