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Barclays News

Women face uphill wage battle in British finance sector

London - There had never been much doubt that in London's testosterone-fuelled financial sector female workers' salaries lagged far behind those of their mostly male colleagues.

Barclays using sensors in workplace as cost-cutting measure

London - Barclays PLC has installed sensors in their offices in London to track how often bankers are at their desks. The devices called OccupEye, are installed under desks and use heat and motion to track office efficiency.

Ex-Barclays CEO appears in court over fraud charges

London - Former Barclays chief executive John Varley appeared in a London court on Monday over fraud accusations, the first time a boss of a global bank has faced charges arising from the 2008 financial crisis.

Review: Maren Morris performs at the Barclays Center in New York Special

Brooklyn - On November 19, country songstress Maren Morris opened for Brett Eldredge and Keith Urban at the Barclays Center in Brooklyn.

Review: Blake Shelton triumphs at first Barclays Center show in Brooklyn Special

Brooklyn - Country superstar Blake Shelton performed two back-to-back shows at the Barclays Center in Brooklyn, New York, and he was exceptional from start to finish.

Op-Ed: Consumers are bargain bloodhounds — Financial Review

The downturn turned us into bargain bloodhounds. Maybe this is the beginning of the end of department stores and malls as we know them.

Banking mogul Diamond to help Zimbabwe tap bond market

Harare - Former Barclays chief Bob Diamond will help Zimbabwe tap much-needed international investment through a 150 million eurobond, the country's finance minister said Wednesday.

Barclays reviews investment bank, more cuts expected

Barclays <BARC.L> has launched the third review of its investment bank in as many years, and is likely to cut more jobs and business areas as it battles to improve profitability, people familiar with the m...

Barclays to review the shape and size of its investment bank: Sources

Barclays <BARC.L> is reviewing the size and shape of its investment bank, in a review that is expected to result in it shrinking and focusing on its most profitable areas, two people familiar with the matt...

Barclays to cut thousands of jobs in its investment banking division: FT

Barclays <BARC.L> is planning to axe thousands of jobs in a radical shakeup of its investment banking division and may replace the European and U.S. heads of the unit, the Financial Times reported, citing sources.

Barclays on 'collision course' with shareholders over bonus bonanza

Barclays faces a backlash from shareholders over its decision to raise bonuses despite a fall in profits, with investors increasingly demanding CEO Antony Jenkins give more money to th...

Barclays pays nearly 500 bankers more than 1 million pounds

Barclays <BARC.L> paid almost 500 staff more than 1 million pounds ($1.67 million) last year, prompting criticism that pay is still too high and that banks have not changed their w...

UK fraud agency charges three ex-Barclays bankers over Libor

Britain's fraud agency started criminal proceedings against three former bankers at Britain's Barclays Plc on Monday for the alleged manipulation of Libor interest rates.

Barclays bank reports return to profit, and bigger bonuses

London - Scandal-hit Barclays bank returned to net profit in 2013 and said on Tuesday that staff will receive increased bonuses, a source of public anger against banks at the height of the financial crisis.Annual group profit after tax stood at £540 million ($...

Barclays to cut 12,000 jobs, pays bigger bonuses

Barclays said it would axe up to 12,000 jobs this year even as it raised bonuses for investment bankers, prompting fury among politicians and unions who said it had not learned the lesso...

Barclays launches investigation after customer data leak

Barclays said it had launched an investigation after a newspaper reported that the personal details of 27,000 customers had been stolen and sold, raising the prospect of new fines for the bank.

Barclays chief executive declines annual bonus

London - Barclays bank chief executive Antony Jenkins will not take a bonus for his work in 2013 as the group looks to deal with significant litigation costs, he said on Thursday.

Barclays 'to close hundreds of branches and slash jobs': reports

London - Barclays is set to close a quarter of its 1,700 branches in Britain and cut hundreds of jobs in its investment banking division, media reported on Wednesday.

Op-Ed: Diamond makes case for judicial inquiry

Later today members of the British parliament will vote on whether the investigation into banking practices should take the form of a parliamentary or judicial inquiry. The pros and cons were clearly laid bare only yesterday by Bob Diamond himself.

Op-Ed: The Bob Diamond 'Today' Business Lecture — An analysis

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.

Op-Ed: 'Panorama' exposes bank rip off

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.

Bank robbers go to jail if caught, bad banks just settle in court

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.

HSBC and Barclays Announce Billions of Dollars in Profit

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.

Barclays man earns record £22m

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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Banks are beginning to take notice of crowdfunding as more people use sites like Zopa and LendInvest...
Banks are beginning to take notice of crowdfunding as more people use sites like Zopa and LendInvest instead of traditional borrowing methods
Expect Best / Pexels
A Barclays bank in Birmingham  UK
A Barclays bank in Birmingham, UK
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