Barclays News
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The inaugural 'Today' Business Lecture was delivered by the Chief Executive of Barclays Bank, Bob Diamond. To the uninformed, this reads well; to those in the know, it is self-serving twaddle.
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An exposé of the ongoing rip off of the British public by the high street banks with particular reference to a BBC Television "Panorama" programme.
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British banking giant Barclays has paid $298 million to settle a case about dealing with US sanctions-listed countries such as Burma, Cuba, Iran, Libya and Sudan.
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Two of the world's largest companies and providers of financial services have this morning announced that they each made large profits during the first 6 months of the year.
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Mr Bob Diamond who is an Barclays Bank executive £22m in salary, shares and bonuses last year, becoming the highest earner among firms in the FTSE 100 index.
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Barclays Headlines
It is thought almost a third of investors could vote against Barclays Bank's pay plans.
Barclays reports a 3% fall in annual profits to £5.9bn, and cuts the bonus pool at its investment banking division by 32%.
Barclays Bank is ordered by the Treasury to pay half-a-billion pounds in tax it tried to avoid, as retrospective legislation is introduced.
The Financial Services Authority is investigating claims that Barclays mis-sold complex financial contracts called swaps to clients.
Barclays chief executive Bob Diamond should not get any bonus at all, according to a shareholders advisory group.
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A Barclays bank in Birmingham, UK
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Barclays Blogs
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Main: Sky - The Bank of England has kept the base rate of interest at 5%. Times - Government proposals: Date-rape...
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Main: Observer - PM Gordon Brown has outlined plans for a UK pull-out of troops from Iraq and hand over Basra to...
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Main: ITN - PM Gordon Brown jetted into Baghdad today for political and military talks, later flying onto Basra to...
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