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Barclays Outage Explained: Thousands Affected After UK Bank Faces Glitch
Customers of Barclays, the UK's second-largest bank, experienced problems in making payments and transfers over a technical glitch that has continued for three days now.
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Taylor Swift Worldwide Eras Tour Hands UK Economy $1.3 Billion Boost: Study
Taylor Swift's worldwide Eras Tour will boost the UK economy by almost £1 billion ($1.3 billion) as fans splash the cash to see the US music star, Barclays bank estimated Wednesday.
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Barclay Family Regains Control Of UK's Telegraph Group After Debt Repaid
The Barclay family, owner of Telegraph Media Group, has repaid a £1.2-billion bank debt, lender Lloyds said Monday, paving the way for a possible sale to an Abu Dhabi-backed fund.
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"Shouldn't Be Believing People Can Be Any Sex They Want": Rishi Sunak
During his closing speech at the 2023 Conservative Party conference on October 4, he shared his stance on gender debate and said, "A man is a man and a woman is a woman".
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Indian-Origin Bank Employee Jailed For Money Laundering In UK
An Indian-origin Barclays Bank employee from London has been jailed for over six years for his role in a conspiracy to launder over 2.5 million pounds.
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UK Banks 'Handled' $740 Million In Laundered Russian Money: Reports
Several British banks allegedly processed nearly $740 million in a multi-billion dollar Russian money-laundering scam, The Guardian newspaper reported on Monday.
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Bank Price War Looms To Woo Cautious UK Borrowers After Brexit
Banks in Britain are on the verge of a price war to try to revive lending subdued by the Brexit vote and to combat pressures on profitability from ultra-low interest rates, which are likely to stay that way for longer.
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Ready To Lend More After Capital Requirements Cut: UK Banks
Some of Britain's biggest financial institutions said they were ready to lend more after a decision by the Bank of England to cut their capital requirements, according to a joint statement with finance minister George Osborne on Tuesday.
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HSBC, Barclays Plan to Close 400 British Branches This Year: Report
Three of Britain's largest banks are planning to close about 400 branches this year, according to people familiar with the situation, a new programme of closures that could leave thousands of customers without easy access to a bank.
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UK Talking to UBS, Barclays, 4 Other Banks About Settling Forex Probe: Report
Britain's financial regulator has intensified talks with six major banks over allegations of collusion and manipulation in the foreign exchange market, setting the stage for a group settlement that could cost them close to 2 billion pounds ($3.26 billion).
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Barclays settles second Libor-linked UK court case
Barclays said on Friday it had reached a compromise in its proceedings with Portuguese construction and property firm Domingos Da Silva Teixeira in London's Commercial Court.
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Essar takeover plan to hit UK investors: report
Indian conglomerate Essar's plans of a cheap buyback of its British unit have been criticised in London as a blow to the reputation of the stock market here.
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Accenture cuts full year outlook as consulting slows further
Outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients, after reporting third-quarter revenue below analysts' estimates.
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Barclays takes another £1 billion hit for mis-selling
UK banks are embroiled in two separate mis-selling scandals, and Barclays said on Tuesday it had made an extra provision of 600 million pounds to compensate customers for payment protection insurance.
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UBS admits fraud in $1.5 billion Libor rigging settlement
The penalty agreed with U.S., UK and Swiss regulators is more than three times the $450 million fine levied on Britain's Barclays in June for rigging the Libor benchmark rate used to price financial contracts around the globe.
-
Barclays Outage Explained: Thousands Affected After UK Bank Faces Glitch
Customers of Barclays, the UK's second-largest bank, experienced problems in making payments and transfers over a technical glitch that has continued for three days now.
-
Taylor Swift Worldwide Eras Tour Hands UK Economy $1.3 Billion Boost: Study
Taylor Swift's worldwide Eras Tour will boost the UK economy by almost £1 billion ($1.3 billion) as fans splash the cash to see the US music star, Barclays bank estimated Wednesday.
-
Barclay Family Regains Control Of UK's Telegraph Group After Debt Repaid
The Barclay family, owner of Telegraph Media Group, has repaid a £1.2-billion bank debt, lender Lloyds said Monday, paving the way for a possible sale to an Abu Dhabi-backed fund.
-
"Shouldn't Be Believing People Can Be Any Sex They Want": Rishi Sunak
During his closing speech at the 2023 Conservative Party conference on October 4, he shared his stance on gender debate and said, "A man is a man and a woman is a woman".
-
Indian-Origin Bank Employee Jailed For Money Laundering In UK
An Indian-origin Barclays Bank employee from London has been jailed for over six years for his role in a conspiracy to launder over 2.5 million pounds.
-
UK Banks 'Handled' $740 Million In Laundered Russian Money: Reports
Several British banks allegedly processed nearly $740 million in a multi-billion dollar Russian money-laundering scam, The Guardian newspaper reported on Monday.
-
Bank Price War Looms To Woo Cautious UK Borrowers After Brexit
Banks in Britain are on the verge of a price war to try to revive lending subdued by the Brexit vote and to combat pressures on profitability from ultra-low interest rates, which are likely to stay that way for longer.
-
Ready To Lend More After Capital Requirements Cut: UK Banks
Some of Britain's biggest financial institutions said they were ready to lend more after a decision by the Bank of England to cut their capital requirements, according to a joint statement with finance minister George Osborne on Tuesday.
-
HSBC, Barclays Plan to Close 400 British Branches This Year: Report
Three of Britain's largest banks are planning to close about 400 branches this year, according to people familiar with the situation, a new programme of closures that could leave thousands of customers without easy access to a bank.
-
UK Talking to UBS, Barclays, 4 Other Banks About Settling Forex Probe: Report
Britain's financial regulator has intensified talks with six major banks over allegations of collusion and manipulation in the foreign exchange market, setting the stage for a group settlement that could cost them close to 2 billion pounds ($3.26 billion).
-
Barclays settles second Libor-linked UK court case
Barclays said on Friday it had reached a compromise in its proceedings with Portuguese construction and property firm Domingos Da Silva Teixeira in London's Commercial Court.
-
Essar takeover plan to hit UK investors: report
Indian conglomerate Essar's plans of a cheap buyback of its British unit have been criticised in London as a blow to the reputation of the stock market here.
-
Accenture cuts full year outlook as consulting slows further
Outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients, after reporting third-quarter revenue below analysts' estimates.
-
Barclays takes another £1 billion hit for mis-selling
UK banks are embroiled in two separate mis-selling scandals, and Barclays said on Tuesday it had made an extra provision of 600 million pounds to compensate customers for payment protection insurance.
-
UBS admits fraud in $1.5 billion Libor rigging settlement
The penalty agreed with U.S., UK and Swiss regulators is more than three times the $450 million fine levied on Britain's Barclays in June for rigging the Libor benchmark rate used to price financial contracts around the globe.
