Barclays Annual Travel Insurance

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Barclays boss Jes Staley said the bank is "just months away" from completing an overhaul as he unveiled a surge in annual profits. It also saw lower costs for payment protection insurance (PPI) compensation, at £1 bn in 2016.

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This month, for example, Barclays is placing iShares ads in upscale publications such as Wine Spectator, Travel and Leisure, The Economist and Golf Digest, said Andrew Arenberg, managing director of channel marketing at the firm.

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Nov 30 (Reuters) – Barclays has appointed five non-executive directors to the board of a new company formed to help it comply with post-crisis rules forcing British banks to ring-fence their retail operations from their riskier business. They.

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Barclays, which has been plagued by scandals in recent years, set aside another £200 million for compensation costs arising from the mis-selling of payment protection insurance. The bank added on Tuesday that adjusted pre-tax profit -.

Barclays though still wishes to keep its remaining stake of about 15 percent in the African division. In the first-half, Barclays was hit also by setting aside a further £700 million to compensate customers mis-sold a controversial.

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Client service is at the heart of Corporate Banking Barclays. Please get in touch via one of the phone, email or call-back options.

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(Bloomberg) — McGraw-Hill Financial. of the matter. Barclays, the largest U.K. bank by assets, began considering a sale of its index arm last year but has delayed the auction in part to wait for Northwestern Mutual Life Insurance Co. to.

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Barclays has appointed Aaron Hawley as a business banking relationship manager and promoted James Clegg to captive insurance relationship manager in the Isle of Man. The banks says Mr Hawley will support local business clients with.

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Barclays plans to wind up its operations in Australia as chief executive Jes Staley starts a fresh round of cuts at the investment bank, people with knowledge of the matter said. The savings push includes plans to eliminate more than.

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Barclays has reported a strong rise in third quarter profit and announced proposals to ring-fence its retail banking operations.

It comes as Barclays revealed annual losses after tax of £394 million ($549 million. was largely the result of money set aside to compensate customers mis-sold a controversial British insurance product known as PPI. After announcing in.

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The bank unveiled a loss for 2015, a new structure and higher provisions for payment protection insurance redress than analysts expected. Investors haven’t reacted well. The stock fell more than 10% in London. It was also CEO Jes.

Craig Bond, chief executive: Retail and Business Banking and Nomkhita Nqweni, chief executive: Wealth, investment Management and Insurance are the two. other separation projects”. In its annual results, Barclays Africa states.

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Barclays has reported a strong rise in third quarter profit and announced proposals to ring-fence its retail banking operations.

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It also saw lower costs for payment protection insurance (PPI. and moving to sell off its 62% stake in Barclays Africa. Chairman John McFarlane said it was a “pivotal year” for the bank. In its annual report published alongside the results,

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Shareholders in British companies have a binding vote on directors’ pay. Barclays holds its annual general meeting on April 24. Barclays declined to comment on the criticism. Its shares dropped 2.4 percent to 236.1 pence on Tuesday.

It reduced its exposure to crop insurance, sold Absa Mortgage Fund Managers, and invested R3-billion in transforming its corporate banking services and branches. Ramos, at Barclays Africa’s annual results in February, said the bank had.

Barclays has reported a fall in annual profits as it announced a group-wide shake-up and took a further hit for payment protection insurance (PPI) mis-selling. The banking giant posted underlying pre-tax profits down 2% to £5.4 billion.

LONDON, Feb 23 (Reuters) – Britain’s blue-chip index edged up on Thursday as strong showings from Barclays, Intu and RSA outweighed. significantly’ from RSA’s not having been sold to Zurich Insurance, which withdrew a takeover.

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These are external links and will open in a new window Barclays shares closed down 7% after reporting a drop in full-year profits, a dividend cut and a restructuring including reducing its stake in Africa. Underlying annual profits for 2015 fell.

Premier Current Accounts – 0800 924 7365. Contact Barclays if you are an exclusive Premier Account holder by calling their freephone phone number 0800 924 7365.