Barclays Bank (NYSE:BCS) has signed contracts with six accelerator graduates participating in its accelerator programme in New York. The deeper engagement with Barclays comes as the ten graduates from the bank's second New York class present at a demo day to an audience of 500 banking executives and corporate partners. The 10 teams to emerge…
Read moreAnthony Jenkins, the former Barclays Bank CEO who last year forecast a 50% cut in bank branches and staffing due to digital upheavals in the sector, has joined non-bank foreign exchange firm Currencies Direct as non-executive chairman. Jenkins in May told a meeting in Parliament that he had reviewed 100 fintech businesses and met 50 as…
Read moreBarclays PLC (LON:BARC) has just announced that it has reached a settlement with the New York State Department of Financial Services (DFS) in respect of the regulator's investigation into the bank's electronic trading of foreign exchange (FX) and FX electronic trading systems. The probe concerns a five-year period – from 2009 to 2014. The New…
Read moreThe company, which started a bankruptcy procedure in June 2015, says it continues to return client money, with funds in Barclays Bank and payment system Skrill set to be unblocked.
Read moreCEO Anthony Jenkins has been fired by Barclays following a dispute with the board of directors. Deputy Chairman Sir Michael Rake said "a new set of skills" was required at the head of the group
Read moreMaturing its new stock broking platform infrastructure, IG Group appoints new joint broker in Barclays Bank to provide further execution services to IG clients alongside Numis Securities.
Read moreCEO Antony Jenkins stated Wednesday, "Banks didn't have strong enough compliance departments. We've moved to strengthen ours. As I've always said, changing culture takes time. We're making progress - the industry has come a long way on both topics but we have work to do."
Read moreBarclays Chairman has established a compliance academy in conjunction with Cambridge University, believing that internal procedure and corporate responsibility is a better approach to good conduct within major FX dealers as opposed to draconian regulation.
Read moreBarclays Bank PLC has been fined £26 million by the FCA for failing to manage conflict of interest, with trader himself having received a further £95,000 fine.
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