updated - June 5, 2020 Friday EDT
Barclays PLC has announced in a press release that it will be selling Barclays Risk Analytics and Index Solutions Ltd. (BRAIS) to Bloomberg L.P. for approximately £520 million, or approximately $779 million.
Barclays PLC has announced in a press release that it will be selling its Italian Retail Banking network of 89 branches to CheBanca!, the retail arm of the Mediobanca Group. The transaction is part of Barclays’ strategy to reduce businesses that are unprofitable or lack scale.
Barclays PLC and Barclays Bank PLC have announced in a press release that it has appointed James E. Staley as the Group CEO of the company, effective December 1, 2015. Staley will be receiving a pay of up to £8.24 million, or $12.6 million a year.