Search Results for: Barclays Bank
Federal Reserve imposes $1.2 million fine and permanent ban on employment against former Barclays Bank PLC employee
May 22nd, 2017
The Federal Reserve Board on Friday announced that it has imposed a $1.2 million fine and a permanent ban on employment in the banking industry against Christopher Ashton, the former Global Head of Foreign Exchange (FX) Spot Trading at ...
Barclays Bank sued for mortgage securities fraud
December 24th, 2016
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 (together, Barclays), alleging that Barclays engaged in a fraudulent scheme ...
Barclays Bank is the most complaint about firm according to FCA
October 11th, 2016
Financial services firms recorded a 2.6% reduction in new complaints between January and June 2016 compared to the previous six months, according to new complaints data published today by the Financial Conduct Authority. The total number of complaints was ...
CFTC Orders United Kingdom-Based Barclays Bank PLC to Pay $500,000
September 23rd, 2016
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Barclays Bank PLC (Barclays) for failing to create, maintain, and promptly produce required confirmations for a significant number of Exchange for Related Position (EFRP) trades in ...
CFTC Orders Barclays Bank PLC to Pay a $560,000 Penalty
July 7th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Barclays Bank PLC (Barclays) for failing to submit accurate large trader reports (LTRs) for physical commodity swap positions, in violation of Section 4s(f) of ...
Libor trial: former Barclays bankers were ‘driven by money’
April 6th, 2016
Four of the accused, based in New York, were said to have told two co-conspirators in London whether they wanted the rate to go up or down Five former Barclays bankers accused of conspiring to rig Libor interest rates ...
Scammers Impersonate the DFSA’s Chief Executive and Barclays Bank PLC UAE, in an Advance Fee Scam
December 29th, 2015
The DFSA alerts the financial services community and the public to an Advance Fee Scam in which: the DFSA’s Chief Executive; and the name of Barclays Bank PLC UAE (Barclays), and one of its employees, are fraudulently impersonated. The way ...
Barclays is the first UK high street bank that lets you make a payment by simply asking Siri
August 21st, 2017
Customers will now be able to make payments by saying ‘Hey Siri, Pay £15 with Barclays’ No need to open the app – rely on Siri and use TouchID to authenticate The technology will enable customers with dexterity ...
Barclays to sell its Retail and Corporate Banking business in Egypt
October 5th, 2016
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 1 (CET1) ratio benefit of c.10bps on completion, in part ...
Barclays again warns on investment bank results
April 6th, 2016
Trading update states profits from investment arm will not be as high as previous year as bank seeks permission to sell off African operations Profits in Barclays investment banking arm will not be as high as last year, the bank said, ...
