Connect to share and comment

RPT-UPDATE 2-Barclays boss forgoes bonus, Qatar deal probed

February 1, 2013 09:30
* UK probes whether bank lent Qatar money to buy shares- FT * Barclays declines comment on ongoing investigations * Barclays pay under scrutiny after rate rigging scandal By Steve Slater and Matt Scuffham LONDON, Feb 1 (Reuters) - Barclays Chief Executive Antony Jenkins has opted not to take a bonus for 2012, saying he should "bear an appropriate degree of accountability" for the difficult year the British bank endured.

UK court identifies Barclays staff named in rate probe

January 25, 2013 10:00
By Matt Scuffham LONDON, Jan 25 (Reuters) - A number of Barclays current and past executives are on a shortlist of individuals named in regulatory documents referring to the bank's attempted rigging of global benchmark interest rates, court documents released on Friday showed.

UPDATE 3-Barclays forced to name executives on Libor list

January 24, 2013 10:15
By Matt Scuffham LONDON, Jan 24 (Reuters) - Barclays was forced to name former heads Bob Diamond and John Varley, finance director Chris Lucas and other top executives and traders linked to a global rate-fixing probe, despite their calls for anonymity. A UK judge ordered the bank to reveal their identities on Thursday during a preliminary hearing for a British test case on the mis-selling of interest rate swaps brought by a residential care home operator.

UPDATE 2-Barclays CEO wants to keep large investment bank

January 24, 2013 08:30
* UK bank to cut 70-90 investment bankers in Asia-sources * Bank will keep "significant and large" investment bank-CEO * CEO says comfortable with capital position By Lawrence White and Steve Slater HONG KONG/LONDON, Jan 24 (Reuters) - Barclays wants to remain a big player in investment banking even though the British bank is cutting costs and jobs in that business, including at least 70 in its Asian division.

UPDATE 1-Barclays consults on job cuts at UK investment bank

January 22, 2013 14:45
* Around 2,000 investment banking jobs could go in cut backs * Review of investment bank central to new CEO's overhaul LONDON, Jan 22 (Reuters) - Barclays has launched a consultation with staff in its investment bank whose jobs are at risk following a strategic review by new Chief Executive Antony Jenkins, the bank said on Tuesday.
Syndicate content