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Barclays Bank News

Angry man in U.K. walks into Barclays bank and poos on the floor

It is not the kind of deposit a bank likes, nor welcomes, but a Barclays in the U.K. got it all the same: human feces. In Andover in county Hampshire this week a man walked into a Barclays and he pooed upon the floor, in at least 3 locations, then left.

Barclays rejects $453 million fine, takes FERC to court

Washington - Barclays Bank PLC has refused to pay $453 million in civil penalties levied by the Federal Energy Regulatory Commission (FERC) and says it will fight allegations of market manipulation in federal court.

JPMorgan fined $410 million for Enron-style market manipulation

Washington - J.P. Morgan Ventures Energy has agreed to pay $410 million in penalties and interest after a probe by the U.S. Federal Energy Regulatory Commission found evidence it had manipulated electricity prices in California and the Midwest from 2010 to 2012.

Review: ‘Bankers — Fixing The System’ Special

London - There used to be an old joke about traffic wardens belonging to the most hated profession; today, bankers top that list. This BBC TV documentary series explains why, just in case you didn't know.

Barclays acquires ING Direct

UK banking giant Barclays PLC has agreed to acquire the mortgages and deposits of ING Direct UK. Financial terms of the deal were undisclosed

Gambling banks, hedge and pension funds spike global food prices

The World Development Movement blames banks, hedge and pension funds for betting and gambling on food commodities and forcing the price of basic food items to soar causing global hunger and poverty to increase.

EU Finance Regulator on Avaaz — 'Put bankers behind bars'

Avaaz has started a brand new petition, asking the European Commission and the EU Parliament to introduce strong regulation against market abuse, including criminal sanctions for bankers.

Inquiry into banking scandal

In response to intense political pressure, British Chancellor of the Exchequer George Osborne is shortly expected to announce an independent inquiry into the banking industry.

Op-Ed: Financial news from the UK — Rip offs and whines

Yet again, a major bank has been caught with its hands in the till. Barclays Bank has been fined £290 million, and there are calls not only for resignations but prosecutions.

Op-Ed: Will cash become extinct?

A recent survey has found that cash is becoming increasingly unpopular with the British public; the big question is, will it become extinct?
 

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