Category: Barclays


Hold bankers accountable for their crimes

By Katrina vanden Heuvel Washington Post May 26 at 7:59 AM Last week, Attorney General Loretta E. Lynch announced that five major banks were pleading guilty to criminal charges for what she described as a “brazen display of collusion” to manipulate…

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Criminal bankers have brazenly milked the system. Let’s change it

The Guardian Will Hutton Sunday 24 May 2015 00.05 BST Conflicts of interest and opportunities for price rigging must be outlawed The world’s biggest banks had been steeling themselves for months before the US Department of Justice’s rulings on manipulation in…

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Public Demand For Individual Accountability Resonates

Forbes Dina Medland 5/25/2015 @ 5:27PM Amid a plethora of corporate scandals and media tales of the multiple ways in which individuals in senior positions shake them off, like water off the proverbial duck’s back, does the rising tide of…

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First Libor fixing trial starts today with UBS suspect facing 10 years in jail if guilty

Published: 01:03, 26 May 2015 | Updated: 07:50, 26 May 2015 Tom Hayes, 35 from Surrey, faces eight charges as part of first jury trial  He was arrested in December 2012 as part of Serious Fraud investigation  Charges relate to…

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Fining bad apples won’t stop the rot in our banks

May 22, 2015 By: Christine Berry On Wednesday, five of the world’s biggest banks (RBS, Barclays, Citigroup, JP Morgan and UBS) reached a much-anticipated settlement with US and UK regulators over charges including the rigging of the foreign exchange (forex)…

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Billions in fines won’t change banks’ practices: Bloomberg View

By Syndicated columns Follow on Twitter on May 22, 2015 at 3:55 PM, updated May 22, 2015 at 3:56 PM By Matt Levine This combination made from file photos shows signage for four banks, Barclays, Citigroup, JPMorgan Chase, and the Royal…

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Tyrie’s Treasury committee rivals step aside

The Times Harry Wilson City Editor Last updated at 12:01AM, May 22 2015   Two of the challengers to Andrew Tyrie for the chairmanship of the Treasury select committee have effectively enabled him to be re-elected unopposed to one of…

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Barclays fined record $2.4bn over forex fix

Barclays paid $2.38bn to the regulators, including £284m to Britain’s financial watchdog Matt Dunham/AP The Times Harry Wilson, City Editor, and Alexandra Frean Published at 12:01AM, May 21 2015 Six of the world’s largest investment banks, including Barclays and Royal…

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Fitch hits RBS with debt downgrade as it warns of more losses

The Telegraph By James Titcomb 7:17PM BST 19 May 2015 Ratings agency cuts bank’s credit rating by two notches as it upgrades Lloyds and maintains ratings on Barclays and HSBC RBS is rated the lowest of the big four UK banks…

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Barclays and Royal Bank of Scotland hit with penalties worth nearly £3bn for rigging foreign exchange markets

By City & Finance Reporter for the Daily Mail Published: 21:55, 10 May 2015 | Updated: 21:55, 10 May 2015 Barclays and Royal Bank of Scotland will this week be hit with penalties worth nearly £3bn for rigging the foreign…

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