Edward Bramson would do everybody a favour if he outlined what he would do if he succeeds in getting himself voted on to the board of Barclays. The activist agitator, armed with a 5% holding, has offered little except a vague grumble so far.
The judge overseeing a historic case against former Barclays bosses has instructed the jury not to dwell on “soundbites” in which defendants joked about food and s.x in prison, adding that the prosecutor’s allegations implicate individuals connected to the bank’s Qatari investors.
Seven local councils including Greater Manchester and Leeds have filed a legal claim against Barclays, which is linked to about £500m in complex bank loans.
Barclays is to move €190bn (£166bn) worth of assets from the UK to Ireland as the bank readies itself for a possible no-deal Brexit.
Deloitte has been fined 2.2m ringgitt (£415,000) by Malaysian regulators for failures in its audit of a firm linked to the scandal-ridden state fund, 1MDB.
The growing concentration of the world’s wealth has been highlighted by a report showing that the 26 richest billionaires own as many assets as the 3.8 billion people who make up the poorest half of the planet’s population.
Royal Bank of Scotland is looking to buy up to £1.4bn worth of shares from the government as part of efforts to cut the publicly owned stake in the lender, following its 2008 bailout.
The longest government shutdown in US history shows no sign of ending, Brexit is roiling Europe, trade wars are still in the offing and the stock market is acting like a spooked cat. And once again, gold is shining.
The chief executive of Goldman Sachs has apologised to the people of Malaysia over the role of a former employee of the bank in the 1MDB scandal.
Banco Santander has ditched its incoming chief executive after the former UBS investment banker proved too expensive for the Spanish lender to hire.