Barclays Trims Job, Scales Back Ambitions
9 May
2014
Written by Sam Allcock

Barclays Trims Job, Scales Back Ambitions »

Barclays has announced that it will downsize its workforce significantly over the next two years. The scandal-ridden bank plans to axe more Read more…

Banks ‘Most Complained About’ UK Businesses
10 Apr
2014
Written by Sam Allcock

Banks ‘Most Complained About’ UK Businesses »

Banking
195

More than 2.5 million complaints were made against Britain’s financial companies in the last six months of 2013 alone. Many of the country’s Read more…

City of London ‘In Danger’ as Investment Banks Hounded
23 Mar
2014
Written by Sam Allcock

City of London ‘In Danger’ as Investment Banks Hounded »

Banking
51

According to leading fund managers, the City of London could lose its position as Europe’s most important financial centre if it continues to Read more…

Barclays Bonuses Needed to Prevent ‘Death Spiral’
5 Mar
2014
Written by Sam Allcock

Barclays Bonuses Needed to Prevent ‘Death Spiral’ »

Banking
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Barclays has defended its lucrative executive bonuses as a necessary part of running a global investment bank. The bank’s chief executive, Antony Jenkins, Read more…

European Commission Fines Eight EU Banks for Rate Rigging
6 Dec
2013
Written by Sam Allcock

European Commission Fines Eight EU Banks for Rate Rigging »

Eight banks, including UK-based RBS, have been fined for taking part in illegal cartel action to fix interest rates. The banks fixed Read more…

PPI Claims Compensation Exceeds £18 Billion
2 Aug
2013
Written by Sam Allcock

PPI Claims Compensation Exceeds £18 Billion »

Lloyds has reported that it may need to spend hundreds of millions of pounds over its £7.3 billion budget in order to Read more…

Barclays Fights Back Against $453 Million American Fine »

Barclays has been sanctioned a record $453 million after manipulating the price of energy in key markets such as California and several Read more…

Barclays to Sell Data on Account Holder Spending Habits
25 Jun
2013
Written by Sam Allcock

Barclays to Sell Data on Account Holder Spending Habits »

Barclays recently announced that it would begin selling data about its 13 million clients to businesses. The bank recently issued a letter Read more…

PPI claims still plaguing Barclays »

Banking
64

Just one day before their annual meeting with shareholders, it has been projected that one-fourth of the Barclay’s shareholders will protest current pay Read more…

UK banks misselling another financial product »

Banking
48

In recent weeks The Telegraph has been investigating allegations that UK banks have been misselling financial products to SMEs in the UK and Read more…