British savers could suffer a £3.6bn cut in the value of their savings following the introduction of a financial transaction tax, a study into Brussels plans to raise a levy on City trading has claimed.
Asking prices for U.K. houses jumped above £250,000 ($419,050) in February, up 6.9 percent on the same time last year, marking the highest annual increase for more than six years in a fervent UK property market, according to a new study.
A scheme devised by the bank could see hundreds of employees waiting until 2021 to receive bonuses, Sky News understands.
On one trip to Las Vegas, the bar bill alone was $37,000.
'We pay them if they produce'.
The CEO of a $5 billion hedge fund can expect to make between $7 million and $10 million if the fund returns just 10 percent.
The Serious Fraud Office (SFO) has charged three former Barclays employees in connection with its investigation into the manipulation of Libor.
Regulators have addressed many issues but "too big to fail" has actually gotten worse, says Michael Farr.
Barclays has hired head hunters to search for a new chairman just 18 months after Sir David Walker was parachuted into the embattled bank’s boardroom.
The 28,000 people scammed by financier Allen Stanford feel like the "stepchildren in the Ponzi world," one victim said. CNBC's Scott Cohn reports.
Barclays won the dismissal on Monday of a Saudi real estate company's $10bn lawsuit alleging the bank ceased pursuing lease payments due from the Saudi government on military complexes in order to obtain a banking licence.
Anglo American has suspended its dividend and announced plans to cut its workforce by more than 85,000 as mining firms react to the plunging price of iron ore and other metals.
China’s biggest bank, Industrial & Commercial Bank of China, said it punished 137 staff for breaches of Communist Party discipline, such as accepting gifts or starting their own businesses, as a corruption crackdown sweeps through the nation’s finance industry.