Category: Barclays

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World’s Biggest Banks Helped Clients Steal $63 Billion in Taxes in Europe

World's Biggest Banks Help Clients Steal $63 Billion in Taxes in EuropeEurope’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($63 billion) from multiple governments by making tax reclaims to which they were not entitled, an investigation has revealed. The theft centred around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms. Also […]

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Report: Barclays Puts Its Crypto Trading Desk Plans On Hold

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U.K banking giant Barclays has put on hold its plans to put up a crypto trading desk, a report has revealed. The initiative has been shrouded in mystery ever since reports emerged that some of the top staff at the bank were working on the project. Barclays came out to deny any involvement in cryptos […]

The post Report: Barclays Puts Its Crypto Trading Desk Plans On Hold appeared first on NullTX.

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Report: Barclays Drops Plan for Cryptocurrency Trading Desk

Barclays Reportedly Stops Its Cryptocurrency Trading Desk InitiativeBarclays (LSE: BARC) has reportedly scrapped its plan to launch a cryptocurrency trading desk. However, it remain unclear whether the U.K. banking giant is acting under pressure from regulators or for other reasons, such as insufficient demand for crypto-related services from hedge funds. Also Read: Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a […]

The post Report: Barclays Drops Plan for Cryptocurrency Trading Desk appeared first on Bitcoin News.

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