Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,591.40
    -1,590.39 (-3.17%)
     

  • CMC Crypto 200

    1,260.97
    -97.04 (-7.14%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

Barclays agrees sale of Portugal and Spain Barclaycard payments unit

Reuters - UK Focus

LONDON, April 28 (Reuters) - Barclays (LSE: BARC.L - news) said on Thursday it has agreed to sell its Barclaycard consumer payments business in Portugal and Spain to Bancopopular-e, a Spanish online bank part-owned by Banco Popular Espanol.

Barclays said the business has assets worth 1 billion pounds ($1.46 billion), and the deal would result in a reduction in its risk weighted assets of 0.9 billion pounds.

The deal comes as new Barclays Chief Executive Jes Staley continues to dispose of unwanted assets in a bid to shrink the bank and increase profitability. ($1 = 0.6857 pounds) (Reporting By Lawrence White; Editing by Susan Fenton)