Barclays PLC


  • Where the Layoffs Are—Is Your Firm on the List? Friday, 7 Nov 2008 | 5:24 PM ET
    Street crowd

    Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.

  • Wall Street Firms Expected To Slash Annual Bonuses Wednesday, 5 Nov 2008 | 3:54 PM ET

    Major Wall Street firms, which have already begun major layoffs, are expected to slash annual bonuses as well, CNBC has learned.

  • Lehman's Fuld Out By Year's End; No Severance Wednesday, 5 Nov 2008 | 2:56 PM ET
    Dick Fuld

    Lehman Brothers Holdings Chief Executive Richard Fuld will step down from that post by year's end, and will not claim any severance or bonus when he departs, a spokesman for the bankrupt financial firm said Wednesday.

  • Wall Street Banks Bracing For a Big Round of Layoffs Tuesday, 4 Nov 2008 | 2:02 PM ET

    The big broker-banks are preparing to lay off as much as 15 percent of their workforce as the economic slowdown continues to pound Wall Street, CNBC has learned.

  • Quick Market Stats: Weekly & Monthly Data Friday, 31 Oct 2008 | 5:46 PM ET

    For the first time in history,the Dow, S&P 500, and NASDAQ finished the week up over 10%.  Despite the gains this week, all major indices ended the month sharply lower.

  • Dow, S&P: October Going To Be Worst Month Since '87? Friday, 31 Oct 2008 | 10:25 AM ET

    The markets have just turned positive, despite weakness overseas and disappointing Chicago PMI data. Keep in mind, the Dow hasn’t posted 2 consecutive days of gains in over a month.

  • Busch: Law Of Unintended Consequences: Bad L.U.C.! Friday, 31 Oct 2008 | 9:53 AM ET
    Andrew Busch

    Barclay's has turned against current progressive thinking and shunned government bailout money. They have decided to raise their own capital by selling GBP 5.8 billion of convertible notes to Middle East investors.

  • Wall Street Layoffs Could Surge Past 200,000 Thursday, 23 Oct 2008 | 5:39 PM ET

    Traders and investment bankers might have more to worry about than dwindling bonus pools this year as mass firings on Wall Street are set to hit a record.

  • Struggling to Keep Up as the Crisis Raced On Thursday, 23 Oct 2008 | 10:33 AM ET

    In nearly a century, no Treasury secretary has faced a more difficult financial crisis than the one Henry Paulson is contending with. For months, he and his team have been working around the clock, often seven days a week, trying — in vain — to keep it from deepening, according to the New York Times.

  • Barclays Plans $1.7 billion Bond as Funding Thaws Tuesday, 21 Oct 2008 | 11:04 AM ET

    British bank Barclays is close to issuing a 3-year note to raise at least 1 billion pounds ($1.7 billion), adding to signs that government rescue plans are thawing funding markets.

  • Pops & Drops: Yahoo!, Safeway... Thursday, 16 Oct 2008 | 6:44 PM ET

    Following are the day’s biggest winners and losers. Find out why shares of Yahoo! and Safeway popped while Barclays and eBay dropped.

  • Stock Market Crisis: Nation's Mayors Sound Off Friday, 10 Oct 2008 | 5:28 PM ET

    From New York City to Indiana, the Wall Street crisis is hitting cities across the country.

  • Market Bounces Off Lows as Banks Boom Friday, 10 Oct 2008 | 10:09 AM ET

    Wall Street tried to fight its way back from a precipitous opening drop, with volatility promising to cause violent swings as the market battled to break a seven-day losing streak.

  • Mayor of "Wall Street West" Braces for Credit Crunch Wednesday, 8 Oct 2008 | 2:19 PM ET

    The credit crunch and the Wall Street crisis are hitting smaller cities across the country, but none is as close to the action as Jersey City, N.J.

  • Dow Drops Below 9,700 as Bernanke Speaks Tuesday, 7 Oct 2008 | 3:03 PM ET

    Stocks declined after a brief uptick as Fed Chairman Ben Bernanke seemed unable to soothe this cranky market for more than five minutes.

  • Pop From Fed Move Fizzles, Banks Skid Tuesday, 7 Oct 2008 | 12:51 PM ET

    Stocks rose Tuesday after the U.S. Federal Reserve announced a major step to help support strained commercial-paper markets.

  • UK Banks' Shares Plunge on Government Funds Talk Tuesday, 7 Oct 2008 | 12:06 PM ET
    Wall Street Trader

    Shares in three major UK banks -- thought to be well capitalized -- were hammered after a report that they might ask the government for funding reignited fears about how sound the banking system was.

  • Stocks Rise After Fed Move to Grease Credit Tuesday, 7 Oct 2008 | 9:56 AM ET

    Stocks rose Tuesday after the U.S. Federal Reserve announced a major step to help support strained commercial-paper markets.

  • Futures Drop After Fed Auction Statement Tuesday, 7 Oct 2008 | 9:26 AM ET

    Futures declined Tuesday after the U.S. Federal Reserve announced its fourth-quarter term auction schedule, unnerving investors who anxiously await signs of some coordinated response by global central banks to unfreeze the credit markets.

  • Pops & Drops: Barclays, Apple... Friday, 3 Oct 2008 | 7:02 PM ET

    Following are the day’s biggest winners and losers. Find out why shares of Barclays and The Hartfold popped while Apple and Penn National Gaming dropped.