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Barclays CEO says he seeks to phase out the bank's legacy technology platforms.

2026-10-22

Barclays CEO says he seeks to phase out the bank's legacy technology platforms.

Other News
2026-10-21

Egyptian President Abdel Fattah al-Sisi: Military operations will not extend beyond Egypt's borders, nor beyond "the borders of any other brotherly country to which Egypt is committed to maintaining its security and stability."

Egyptian President Abdel Fattah al-Sisi: Military operations will not extend beyond Egypt's borders, nor beyond "the borders of any other brotherly country to which Egypt is committed to maintaining its security and stability."
2026-10-22

Norway's $2.3 tln sovereign wealth fund posted a 0.5% loss in Q3, driven by a 3.5% decline in fixed-income holdings that outweighed a 0.5% equity gain, Norges Bank Investment Management said on Thursday. Deputy CEO Grande said returns were near flat

Norway's $2.3 tln sovereign wealth fund posted a 0.5% loss in Q3, driven by a 3.5% decline in fixed-income holdings that outweighed a 0.5% equity gain, Norges Bank Investment Management said on Thursday. Deputy CEO Grande said returns were near flat and ended slightly negative as rising interest rates hit bond performance. It is the fund's second quarterly loss in three quarters. Under current rules, 70% of the fund's bond allocations must be in sovereign debt; NBIM has recommended cutting government-bond holdings, including U.S. Treasures, to 50% and increasing exposure to higher-yielding debt to lift returns. The proposal is expected to be submitted to parliament in H1 next year as part of the annual white paper.
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