Not to mention the cost to its reputation.
Bad day at the office.
As Barclays' Libor scandal deepens by the hour, one thing is clear: lots of people inside the bank knew about this. Why didn't they raise the alarm ?
The Bob Diamond-Marcus Agius double act at the top of Barclays Bank is surely drawing to a close. It's an open question whether Barclays' chief executive or its chairman will go first.
The Royal Bank of Scotland IT team at the centre of the bank's computer crisis had seen its UK headcount halved and work exported to India in a cost-cutting drive, sources have claimed.
Here is a letter from Bob Diamond, Barclays CEO to Chairman of the Treasury Select Committee Andrew Tyrie MP
On the ceiling of the conference room in the Vatican bank, there is a big, round allegorical painting.
The Bank Workers Charity (BWC) provides information, advice and financial support for people working in the banking community and their families in the areas of home, wellbeing and money.
PRPi Training Limited is a leading international provider of Management, Leadership, Sales & Graduate Development learning solutions for the Financial Services Sector.
Jerome Kerviel’s statement last week that he 'loved' Societe Generale SA (GLE) may have come too late to help him win a reduced sentence for causing the bank’s $6.1bn trading loss.
JPMorgan has lost another bid to reclaim security it gave up by mistake on a $1.5bn loan to General Motors’ bankrupt predecessor.
A Manhattan judge on Tuesday denied a move by Manhattan District Attorney Cy Vance to use an expert witness against former Goldman Sachs computer programmer Sergey Aleynikov.
Bank of America posted a profit, swinging from a surprise loss a year earlier when it took a charge of $6 billion for litigation expenses.