William Shaw

(Bloomberg) -- Every few months the most senior traders and salespeople at Barclays Plc head to a one-hour meeting with their boss Adeel Khan.

The global markets unit contributed over a third of the bank's revenue in the first quarter, underlining how the business underpins Barclays' global ambitions. Barclays traders are expected to reel in £2.51 billion ($3.34 billion) for the quarter when it reports results on Tuesday, according to analyst estimates compiled by Bloomberg.

Barclays Plc’s equities traders delivered their best second-quarter haul in four years, helping the bank to surpass earnings estimates and nudge its income outlook higher.

NatWest Group Plc raised its guidance for the year and said it will consider buybacks sooner than planned after beating earnings estimates in the second quarter.

Barclays Plc has grown the notional value of trades with Qube Research & Technologies to more than $100 billion, according to people with knowledge of the matter, a marker of how the hedge fund has become a driver of the bank’s prime brokerage business.

Ferrari NV’s first all-electric vehicle defied criticism to sell for $40 million, making it the most expensive new car ever sold at auction.

Thirty years after Tupac Shakur’s death, a man has been found guilty of killing the hip-hop legend. William Shaw on the star’s life, legacy and untimely death

President Donald Trump has a well-documented loathing for immigrants with black or brown skin, especially those from what he considers less desirable countries, though he uses an unprintable adjective for those nations.

The glitches have stopped traders in FX options and other asset classes from seeing if positions are losing money.

Barclays Plc’s chief executive officer called on the UK government to resist increasing taxes on banks in next month’s budget, saying lending and investing would be a better use of the sector’s capital.