It is perhaps not a little ironic that on the eve of deadline day for three major banking groups to resolve their pre-judicial review payment protection insurance (PPI) complaints, another possible ‘protection' mis-selling scandal is uncovered.
Barclays anticipates further customer complaints related to its sales of payment protection insurance (PPI) after seeing a 93% increase in the six months to July.
The UK's index of 100 leading shares fell 2.76% to below 5,000 this morning, as global markets showed no signs of shaking off fears the West is heading back into recession.
Barclays Bank has introduced an exchange-traded note (ETN) which promises to provide investors with access to a dynamic volatility strategy.
The S&P 500 Short-term VIX Futures index shot up by almost 60% in the week to 8 August, triggering a surge in activity in exchange-traded notes (ETNs) on the index.
A former Barclays Bank employee has been jailed for three years after he stole £820,000 from a pensioner's bank account.
Barclays Capital is to list nine exchange-traded notes (ETNs) on the Tokyo Stock Exchange through its exchange-traded product platform iPath, making them the first ETNs and foreign securities listed in Japan
The figures that reveal a different market to that seen by borrowers
Barclays saw its pre-tax profits fall by a third during the first half of the year, with payment protection insurance (PPI) claims and reduced bond trading activity hitting earnings.
Arch cru investors want to know why Capita won't be fined like 27 other firms who they say failed in the same way. Levy paying IFAs should want to know too.