Barclays

Got Away With Your Bank Bonus After The Crash? Carney Won't Touch You

The Huffington Post UK | Asa Bennett | Posted 30.07.2014 | UK Politics

The Bank of England has admitted that its bonus clawback scheme, trumpeted as "robust action to tackle inappropriate remuneration", will not apply to ...

Barclays Spending Millions On Teaching Its Bankers Not To Lie

The Huffington Post UK | Asa Bennett | Posted 04.07.2014 | UK

Barclays, which is battling allegations of "toxic" fraud in the US, is going to spend millions teaching its staff principles such as "truthfulness" in...

Does Facebook (Like Barclays) Operate a Dark Pool?

Richard Stacy | Posted 03.07.2014 | UK Tech
Richard Stacy

Facebook needs to generate sufficient revenue to justify a valuation north of $80 billion - and it is not going to do that simply through selling advertising, it is going to do that by selling access to its pool of data... data about human behaviour.

Barclays In Hot Water With US Authorities Over 'Toxic' Traders

The Huffington Post/PA | Posted 26.06.2014 | UK

Barclays is taking allegations "very seriously" that it misled large institutional investors and other clients in the United States by falsely telling...

Is Football Experiencing a Crisis of Moral Responsibility?

Hamish Mackay | Posted 27.07.2014 | UK Sport
Hamish Mackay

Is this really what football has been reduced to? A means of peddling crap we don't need, laundering the reputations of morally questionable companies and encouraging us to gamble away what little money we have left at the end of it all?

Six Bits Of Bad News Officials Want To Bury Today

The Huffington Post UK | Asa Bennett | Posted 23.05.2014 | UK Politics

Local elections, the European Elections, Ukip and Nigel Farage are all leading the news agenda today, meaning that any awkward news can be slipped out...

Barclays Banking on Its People... Unlikely

Jane Sparrow | Posted 08.07.2014 | UK
Jane Sparrow

Who is the last person in the world you'd want cooking your dinner in a restaurant? If you think in the same terms as I do, it'll be the chef that's just been sacked. If you're about to choose a bank, who would be the last person that you'd want managing your account... Someone who is sat there worrying they are one of the 14,000 that is on the 'to be cut' list?

Barclays To Sack 7,000 Investment Bankers In Major Revamp

The Huffington Post/PA | Posted 08.05.2014 | UK

Barclays is to cut 7,000 jobs from its investment banking division by 2016 as part of a strategy review. The bank has already announced job losses ...

Barclays Profits Fall Could See Investment Bankers Sacked

The Huffington Post UK/PA | Posted 06.05.2014 | UK

Barclays has posted a 5% fall in profits for the first three months of the year as earnings from its investment bank slumped by half. Bank chairman...

Barclays' New US Boss Has The Best Banker Name Ever

The Huffington Post UK | Asa Bennett | Posted 29.04.2014 | UK

Barclays has appointed Joe Gold to take over as head of the bank's American operations as part of a major shake-up. Gold will move up from being g...

Barclays AGM: Antony Jenkins Has Secured His Bonuses, But at What Cost?

Tom Fyans | Posted 24.06.2014 | UK
Tom Fyans

We don't doubt that Antony Jenkins is serious when he said he wanted to clean up his bank, but to do so he must start to really listen to his customers, be that around executive pay or tax havens...

Barclays 'Telling Customers To Go To Hell', Shareholders Rage

The Huffington Post UK | Asa Bennett | Posted 24.04.2014 | UK

Barclays is "telling customers to go to hell" rather than becoming the "go to" bank, shareholders warned bank bosses during an angry annual general me...

Excessive Executive Pay 'Dereliction Of Duty', Cable Warns Banks

The Huffington Post UK/PA | Posted 23.04.2014 | UK

Business Secretary Vince Cable has told Britain's leading companies, including banks, that continuing with "excessive" executive pay and not slashing ...

MP Who Told Osborne To F**K Off Now Made His Deputy

The Huffington Post UK | Asa Bennett | Posted 09.04.2014 | UK Politics

Tory MP Andrea Leadsom has been appointed the new economic secretary to the Treasury in a surprise reshuffle prompted by Maria Miller stepping down as...

Barclays Needs to Clean Up Its Shameful Act

Tom Fyans | Posted 21.05.2014 | UK Politics
Tom Fyans

When Antony Jenkins took the helm at Barclays he promised to clean up a bank that had been badly scarred by a seemingly relentless stream of scandals. To re-enforce the point he sent an email to his 140,000 staff saying that he wanted to bring new ethical standards to Barclays. Those who didn't want to sign up to them were told they should leave.

Pay Contests Are About Status, Not Talent

Margaret Heffernan | Posted 12.05.2014 | UK
Margaret Heffernan

To get good people, you must pay competitive salaries. That's the argument of boards and compensation committees across the company. But it isn't true.

Web for Everyone Launches Campaign to Fight Internet Inequality

Freya Bromley | Posted 06.05.2014 | UK Universities & Education
Freya Bromley

As we celebrate 25 years of the World Wide Web, the Web for Everyone coalition wants to give thousands of people the power to learn new digital skills. The aim of the partnership is to address 'internet inequality' by encouraging people from all walks of life, young and old, to not only use the Web but create it.

Barclays CEO: We Must Pay Big Bonuses 'To Avoid Death Spiral'

The Huffington Post UK | Asa Bennett | Posted 05.03.2014 | UK Politics

Barclays needed to pay its top bankers bigger bonuses in order to avoid investment bankers quitting and sending the bank into a "death spiral", accord...

Profits Down, Over 10,000 Jobs To Go - At Least Bonuses Are Up!

The Huffington Post/PA | Posted 11.02.2014 | UK

Barclays has revealed a 10% hike in its bonus pool to £2.4 billion for 2013 despite posting a 32% drop in underlying annual profits and announcing th...

Barclays Customer Information 'Sold To Rogue Traders'

PA | Posted 09.02.2014 | UK

An investigation is under way after confidential files relating to customers of Barclays Bank were allegedly stolen and sold on to rogue City traders....

'It Would Not Be Right'

The Huffington Post UK | Asa Bennett | Posted 03.02.2014 | UK

Barclays CEO Antony Jenkins has turned down his bonus for the second year running, arguing that it would "not be right" to take it. This comes as ...

Does Barclays No Longer Value Their Own Customers?

Mark Hillary | Posted 31.03.2014 | UK
Mark Hillary

The argument today is that telephone banking, Internet banking, and even self-service kiosks in supermarkets have replaced the need for branches. It could even be argued that over the past couple of decades branches have become little more than outlets for selling insurance anyway.

Lloyds To Cut Over 1,000 Jobs As Barclays Readies Its Axe

PA/The Huffington Post UK | Posted 28.01.2014 | UK

Lloyds Banking Group is set to slash over 1,000 jobs as Barclays has already imposed a travel ban on its staff as it reportedly prepares to cut hundre...

Could It Take A Decade For You To Trust Barclays Again?

The Huffington Post UK | Asa Bennett | Posted 25.01.2014 | UK

Barclays chief executive Antony Jenkins has admitted it could take as long as a decade for the bank to win back public trust after a string of scandal...

Woman Honoured Who Fought Bob Diamond's 'Obscene' Pay

PA/The Huffington Post UK | Posted 23.01.2014 | UK

A former Barclays director who fought against former chief executive Bob Diamond's "obscene" pay packet at the bank has been made a dame in the New Ye...