British universal bank Barclays has appointed Daniel Hanna as Global Head of Sustainable Finance for the Corporate and Investment Bank with the responsibility for creating a market-leading center of excellence for sustainable finance. He will be based in London and joins the Corporate and Investment Bank’s Management Committee. “The center of excellence will bring together…
Barclays has announced the appointment of Angela Liu as Country CEO, China, to strengthen its existing cross-border Corporate and Investment Bank (CIB) platform in China. Ms. Liu will be reporting to Jaideep Khanna, Head of Barclays, Asia Pacific. Barclays is currently present in key Asia Pacific markets including China/Hong Kong SAR, India, Japan, Singapore and…
New York-based AlphaSense, the market intelligence and search platform, has announced its $180 million Series C financing round led by Viking Global Investors and the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), joined by Morgan Stanley, Citi, Bank of America, Barclays, Wells Fargo Strategic Capital, Cowen Inc., and AllianceBernstein, as well as…
Barclays Investment Bank has announced the appointment of Lucy Demery as a Managing Director, responsible for the coverage of Fintech clients across Europe, the Middle East and Africa. She will work with Barclays coverage, country and product teams, as well as Joel Fleck, in his role as Global Head of Fintech Banking, to broaden and…
DocSumo, a document AI startup that captures data from unstructured documents such as invoices & bank statements into structured formats, announced it has raised seed funding of $220,000 from Better Capital, TechStars, and Barclays. The startup will use this investment to strengthen its product, marketing, and sales engine, and also foray into newer markets like…
Online pharmacy 1mg Technologies has recently been awarded a $100,000 grant in recognition of the exceptional work being undertaken in addressing the immediate and long term challenges resulting from the effects of the global pandemic. Unreasonable Impact COVID-19 Response is a new initiative launched by Barclays and Unreasonable Group awarding $100,000 grants each to ten…
Cloud9 Technologies, a US-based voice collaboration and analytics firm that offers advanced trader communication, voice analytics and transcription solutions, announced that it has completed a $17.5 million Series B funding round led by a strategic investment from UBS. Existing investors that took part in the funding round include J.P. Morgan and Barclays. “Our decision to…
British multinational bank Barclays Investment recently announced the appointment of Alex Lynch to the role of Chairman of Banking. Lynch will be based in New York and report to Joe McGrath, Global Head of Banking. In his new role, Lynch will focus on developing relationships with Barclays’ clients, both within the financial institutions space and…
Barclays Plc has plans to cut about 100 senior jobs that are mostly related to trading roles across its corporate and investment bank, as the British lender seeks to rein in costs. Barclays has started trimming managing director and director positions, mainly in London and Asian financial hubs. The fact got confirmed by people familiar…
Airtel Africa, Bharti Airtel’s African business unit has appointed eight global banks to work on an intended initial public offering (IPO). The banks appointed are J.P. Morgan, Citigroup, BofA Merrill Lynch, Absa Group Limited, Barclays Bank PLC, BNP Paribas, Goldman Sachs International, and Standard Bank Group, it said in an exchange filing. Earlier this month, Airtel…
It has been reported in The Independent, that Barclay’s is planning to off-shore hundreds of back office & support job roles from its investment banking business to India. This is expected to be a crucial cost cutting measure for the bank. The move is expected to replace a part of its back office team in…