Tag: Barclays
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Barclays sells credit card debt to Blackstone
Barclays Sells Credit Card Debt to Blackstone Recently, Barclays announced that it has sold a significant portion of its credit card debt portfolio to Blackstone, a leading global investment firm. This move is part of Barclays’ strategic initiative to streamline its operations and focus on its core business areas. By offloading its credit card debt…
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Barclays to acquire the retail banking business of Tesco
Barclays to Acquire the Retail Banking Business of Tesco Major Acquisition in the Banking Sector In a move that will shake up the British banking industry, Barclays has announced its plans to acquire the retail banking business of Tesco, one of the leading supermarket chains in the UK. This acquisition marks a significant milestone for…
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Metro Bank in talks to offload a mortgage portfolio to Barclays
In a recent development, Metro Bank, one of the leading retail banks in the UK, has entered discussions with Barclays to offload a significant portion of its mortgage portfolio. This strategic move aims to streamline Metro Bank’s operations and strengthen its capital position while providing Barclays with an opportunity to expand its mortgage offering. Metro…
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Barclays launches Demo Directory
Introducing the New Barclays Demo Directory Barclays, one of the leading global financial institutions, is excited to announce the launch of its latest innovation – the Barclays Demo Directory. This groundbreaking platform aims to provide users with a unique opportunity to explore a wide range of services and solutions offered by Barclays in a simulated…