Search Results for: Barclays Bank
R.B.S. Hires Former Barclays Lawyer as General Counsel
March 29th, 2016
The Royal Bank of Scotland said on Thursday that it had hired a top lawyer who used to work at its British banking rival Barclays to serve as its new general counsel. The lawyer, Michael Shaw, served as deputy ...
Barclays Warns Commodities May Slump on a `Rush for the Exits’
March 29th, 2016
Oil may drop to low $30s a barrel in selloff, Norrish writes Raw materials `vulnerable to a wave of investor liquidation’ Commodities including oil and copper are at risk of steep declines as recent advances aren’t fully grounded in ...
Barclays Identity Service launches, providing a secure and simple way for UK residents to access Government services online
March 23rd, 2016
UK residents using GOV.UK Verify to access government services online will now be able to choose the Barclays Identity Service to quickly and securely verify their identity, giving them easy access to services such as viewing their driving licence, ...
Barclays accused of ditching clients born in countries considered high-risk for money laundering
March 18th, 2016
Barclays has been accused of ditching clients who were born in countries that are classified as high-risk after it was pulled up by the Financial Conduct Authority in November for failing to do due diligence and proper financial crime ...
Barclays sued by former boss of Tullett Prebon Terry Smith
March 17th, 2016
Terry Smith, the former boss at Tullett Prebon who is now the chief executive of Fundsmith, a fund management company, is the latest to sue Barclays. Smith claims that the British bank failed to transfer his money amounting to ...
Bitcoin Technology Tested In Trial By 40 Big Banks
March 3rd, 2016
The technology behind Bitcoin is starting to make progress on Wall Street. By December, financial technology company R3 CEV had brought together a consortium of 42 banks to create standards and protocols for using blockchain technology in financial services. ...
Barclays restructures amid profits fall
March 1st, 2016
Barclays has reported a drop in full-year profits and a restructuring, including a reduction of its stake in its Africa business. Underlying annual profits for 2015 fell 2% to £5.4bn.The bank said it would cut its dividend by more than ...
High Court dismisses KPMG and Barclays swaps scheme
February 25th, 2016
Britain’s biggest banks narrowly avoided a major legal challenge today, when a High Court judge dismissed a case relating to the mis-selling of rate swap products. The case could have had far-reaching implications for a multi-billion pound scheme to compensate victims of ...
Deutsche Bank: Germany’s financial colossus stumbles
February 11th, 2016
Deutsche Bank fuelled Germany’s rise to the status of economic powerhouse, financing its industry in the 19th century and helping the country’s economy to rise again from the rubble of the second world war. It took on the giants of ...
The five fears stalking the global banking industry
February 10th, 2016
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global ...
