Amanda Staveley mounts fresh legal action against Barclays over 2008 Qatari rescue January 28, 2024 Dealmaker and co-owner of Newcastle United Amanda Staveley has mounted new legal case against Barclays over a rescue deal the bank made with Qatar during the financial crisis.
Auto finance industry could face £16bn in compensation payouts from FCA probe January 25, 2024 UK auto lenders could be hit by up to £16bn in compensation payments after the City watchdog confirmed its probe in historic commission arrangements would look at cases going back to 2007.
Chancellor to meet with Lloyds, Barclays and Natwest executives over share slumps January 18, 2024 Chancellor Jeremy Hunt is convening a summit with bosses from the UK's largest banks to discuss concerns that their poor share performance is preventing more lending into the economy.
I was ‘institutionalised’ at Barclays – now I’m free to innovate, says former chief executive January 18, 2024 Charlie Conchie interviews the biggest movers and shakers in tech, fintech and financial services. This week, it’s former Barclays chief executive and 10x Banking founder Antony Jenkins.
Rich Ricci: Who is the horse racing chief of the City’s newest investment bank? January 16, 2024 Racehorse owner Rich Ricci is set to be reunited with his former Barclays boss Bob Diamond with the merger of investment banks Panmure Gordon and Liberum.
Zahawi: ‘An honour’ to chair The Telegraph as rumours swirl of boardroom appointment January 10, 2024 Tory MP Nadhim Zahawi said on Wednesday it would be "an honour" to chair The Telegraph, if the opportunity arose.
Barclays cut 5,000 jobs in 2023 in bid to ‘simplify and reshape’ January 8, 2024 Barclays axed roughly 5,000 positions from its 84,000-strong workforce in 2023, with about a quarter of these in its UK operations, the bank confirmed yesterday.
Bob Diamond says Barclays should be ‘radical’ on investment bank amid calls to ditch division January 7, 2024 Former Barclays chief executive Bob Diamond has called on the lender to be “radical” with its investment bank by either putting more money into the business or selling it.
Telegraph’s attempt to appoint new finance chief under scrutiny amid government restrictions on group January 3, 2024 The Telegraph is reportedly facing a government review over an attempted replacement of its finance chief amid a probe into a potential takeover by an Abu Dhabi-backed fund.
Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?