July 13, 2023 – Page 20 – The Cheap Investor

Big companies toughen banking partner screening after crisis – survey

The Cheap Investor2 years ago2 years ago02 mins

By Laura Matthews NEW YORK (Reuters) – Large companies are spreading out their counterparty risk and increasing screening of their banking partners in response to the recent banking crisis that has been a “wake-up call”, according to an industry survey to be released on Thursday. Worried that possible future bank failures could leave them unable…

Barclays eyes smaller units for growth in strategic review, risks investor ire

The Cheap Investor2 years ago2 years ago05 mins

By Sinead Cruise, Lawrence White and Stefania Spezzati LONDON (Reuters) – Barclays is betting it can revive its wilting share price by upping investment in a crop of its smaller businesses including U.S. credit cards, sources familiar with the matter said. But some of its top shareholders would prefer the quicker fix of a buyback….