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Barclays boss Jes Staley has quit over the initial findings of an invesitgation by the City watchdog into the extent of his links with the convicted sex offender Jeffrey Epstein.
A High court judge has approved a scheme by Barclays to move 190 billion euros in assets to Ireland amid the Brexit no-deal uncertainty. The bank had argued that it could “not wait any longer”.
Top bankers at Barclays made secret payments to Qatar in exchange for £4 billion to stave off a government bailout during the 2008 financial crisis, a court has been told.
In the latest revelation in the debate over gender pay it has emerged that women working at Barclays are paid an average 48% less than their male counterparts. It is one of the most glaring pay gaps revealed so far as companies continue to submit the average pay of their male and female employees to…
It will be the first case of its kind in Britain: four senior bankers facing criminal charges over their money-raising operations during the 2008 financial crash. After a five-year investigation, the Serious Fraud Office has accused the men – and the bank itself – of fraud over arrangements with Qatari investors to help Barclays Bank…
Former Treasury Chief Secretary, Labour MP Liam Byrne, and Financial Times US editor Gillian Tett discuss the Barclays fraud allegations.
Siobhan Kennedy
It’s difficult to overstate the significance of the Serious Fraud Office’s charges against Barclays PLC and the four senior Barclays bankers- including John Varley, its former boss and one of the most high profile names in the City.
The boss of Barclays, Jes Staley, could lose his annual bonus after two regulators opened an investigation into his conduct in a whistleblowing case.
Barclays profits have surged to 182 per cent higher than the year before – reaching 3.2 billion pounds in 2016. The bank says its traders cashed in on market volatility following the Brexit vote and Donald Trump’s election. But it has warned that the threat of US action over past possible misconduct there still looms…
They used to call him Saint Antony. But after three years, Barclays chief executive Antony Jenkins lost his holy mantle, Helia Ebrahimi writes.
Barclays announces it is cutting 7,000 jobs from its investment bank – on top of the 12,000 announced earlier this year – as part of a new strategic review.
Shareholders approve Barclays’ bonus pool package despite heated accusations that the bank is “paying for Manchester United but getting Colchester United”.
An investigation is under way after confidential files relating to customers of Barclays Bank were allegedly stolen and sold on to rogue City traders.
Barclays is cooperating with regulators reviewing alleged manipulation of currency rates as it reports profits from its investment banking arm fell by half in the third quarter.
The raid on Barclays is shocking on two levels: the physical breach of security, and the technology flaws that led to the theft of £1.3m. Barclays now faces serious questions on both fronts.