Barclays has announced that it will downsize its workforce significantly over the next two years. The scandal-ridden bank plans to axe more than 7,000 jobs in its investment division after a series of...
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 largest banks were required to deal with thousands of p...
According to leading fund managers, the City of London could lose its position as Europe’s most important financial centre if it continues to ‘hound’ top investment banks over staff bonuses. Pub...
Barclays has defended its lucrative executive bonuses as a necessary part of running a global investment bank. The bank’s chief executive, Antony Jenkins, is preparing to explain to critics the impo...