Former director at Barclays gets prison in a U.S.

A former director at Barclays Plc was sentenced on Wednesday to five months in a U.S. prison for repeatedly tipping off a friend who worked as a plumber to ... Read More
Arrangement of various world currencies including Chinese Yuan, US Dollar, Euro, British Pound

Three traders were charged with conspiring in forex rigging probe

The U.S. Justice Department on Tuesday brought charges against three former traders at JPMorgan Chase & Co, Citigroup Inc and Barclays Plc arising from a global probe into the ... Read More

Barclays Bank sued for mortgage securities fraud

The United States Department of Justice today filed a civil complaint in the Eastern District of New York against Barclays Bank PLC and several of its United States affiliates ... Read More

Deutsche Bank Reaches $7.2 Billion Settlement Over Toxic Securities

The Obama administration scrambled to resolve its remaining crisis-era megabank mortgage cases, striking a $7.2 billion settlement Thursday with Deutsche Bank AG over toxic securities while separately filing a ... Read More

Barclays announces completion of sale

Barclays has completed the sale of its Wealth and Investment Management (WIM) business in Singapore and Hong Kong to Bank of Singapore Limited, the wholly-owned private banking subsidiary of ... Read More

Brexit Triggers Office Oversupply Fears in London

Barclays Plc is planning to reduce 25% of its London office space, a trend that could intensify as companies fret the Brexit blowback. According to sources familiar with the ... Read More

Barclays’s 25% London Office Space Cut Signals Glut Threat

Space being cut in London is equivalent of about 5,000 desks Tenants are getting upper hand in rental talks, Jefferies says Barclays Plc’s decision to cut 25 percent of ... Read More

Barclays to sell its Retail and Corporate Banking business in Egypt

Barclays has agreed to sell its Retail and Corporate Banking business in Egypt to Attijariwafa Bank S.A. The transaction is estimated to result in a proforma Common Equity Tier ... Read More

Tech partnership brings people and payments closer together

Innovative link-up of CBA’s CommBank app and Barclays’ Pingit will allow customers to move money over 10,000 miles – quickly, securely and seamlessly – with no more than a ... Read More

Barclays reaches $100M Libor settlement

Barclays Bank PLC (BCS) has agreed to pay $100 million to settle allegations that its manipulation of a global financial benchmark defrauded government entities and non-profit groups across the U.S. Announced Monday, the settlement includes $93.35 million ... Read More
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