Barclays has no plans for tie-up with rival banks: sources

A branch of British bank Barclays in central London on February 23, 2017. AFP PHOTO | BEN STANSALL

Barclays Plc is not exploring a potential merger with other banks, two sources close to the bank told Reuters, dismissing a media report that said Barclays was considering a possible deal with rivals including Standard Chartered.

The Financial Times reported on Wednesday that Barclays' senior board members were exploring a deal with another bank and chairman John McFarlane was keen on the idea of a possible combination with StanChart.

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