Barclays has settled a lawsuit with London trading firm CF Partners after a judge found that the British bank had misused confidential information during its acquisition of a Swedish carbon trading company.
Barclays is a British multinational banking and financial services company headquartered in London, United Kingdom. It is a universal bank and is organised within two business 'clusters': Corporate & Investment Banking and Wealth Management, and Retail & Business Banking.
Barclays is resisting efforts by the U.K. Serious Fraud Office to make it disclose documents linked to the bank’s 2008 fundraising the bank says are legally privileged, said three people with knowledge of the matter.
A U.K. probe into Barclays Plc's dealings with Qatar’s sovereign-wealth fund during the financial crisis has shifted to look at whether transactions were properly disclosed, the Financial Times reported.
Regular readers of Bank Return, the Bank of England’s weekly summary of its assets and liabilities, can probably be counted only in the dozens these days. But it was not always so.
Barclays agreed to a settlement with U.S. regulators, who charged the firm with systemic compliance failures after it acquired Lehman's advisory unit.
The deputy governor of the Bank of England has called for better co-operation with US regulators over the scale of fines being levied on banks to ensure they do not weaken their financial position.
Legal language of contracts are being poured through.
Barclays CEO Antony Jenkins told CNBC the bank has a strong defense to allegations it used its private trading system to benefit high-speed traders.
Barclays is to be fined £38m for breaching City rules requiring clients’ funds to be kept separate from its own assets, in what is expected to be the largest fine for such an offence.
Barclays has announced that Akshaya Bhargava has been appointed as Chief Executive of Wealth and Investment Management. He will join Barclays on 13 October 2014.
Barclays had a 23% rise in the number of U.S. shares traded in its dark pool, edging the bank to the cusp of top 10 venues after volume collapsed when it was sued for allegedly lying to customers.
As part of the Future Leadership Development Programme, students in their penultimate year of university could be offered the opportunity to join Barclays Retail and Business Banking division for six weeks from 18 June to 27 July 2012.
Three technology stock traders have left the Boston office of Steven A. Cohen’s nearly $10bn family office over the last week in a new round of defections at a firm that is still dealing with the fallout from a significant insider trading investigation.
Barclays was in a 'state of denial' about its dealings with regulators, according to Sir Mervyn King, Governor of the Bank of England, as he came under fire from MPs on Tuesday during the latest bout of accusation and counter-accusation over the Libor scandal.
Europe’s banks face a further $50bn of legal costs as they catch up with their U.S. counterparts, according to analysts at Morgan Stanley.
An airport supremo and the former boss of the group behind the Financial Times are in the running to become the new chairman of Barclays, it has emerged.
Here's the latest on the 'Movers & Shakers' front.
More pain to come.
Barclays has agreed to pay nearly $20m to resolve a U.S. class action lawsuit accusing the bank of manipulating the Libor benchmark interest rate, according to court papers filed Wednesday.
Barclays, HSBC and bailed-out Royal Bank of Scotland are among 13 banks facing fraud allegations and a claim for $1.15bn (£700m) in damages in the US state of Virginia over the sale of mortgage bonds during the financial crisis.
More pain to come.
Barclays Bank is to introduce "finger-vein ID" readers that will allow customers to junk their pin numbers, passwords and authentication codes and instead access their account with just a scan of their digit.