Barclays

Barclays is due to announce it has awarded some of its most senior staff shares worth millions, according to reports.

The director-general of the Institute of Directors (IoD) has hit out at the pay packages received by bankers.

Yorkshire and Clydesdale have confirmed that they will be joining a host of other high street banks to exit the advice market.

Barclays chief executive Antony Jenkins has suggested the growing automation of the banking system could result in massive job losses over the next ten years.

A Financial Services Authority (FSA) audit report into the London Interbank Offered Rate (LIBOR) scandal has found the regulator failed in at least three key areas which meant it did not realise the rate was being fixed.

Networks Openwork and Sesame saw complaints against them at the Financial Ombudsman Service (FOS) rise in the second half of last year, with Sesame receiving over 90% more claims.

The number of complaints sent to the Financial Ombudsman Service (FOS) doubled in the last six months compared to the previous half year period, with Lloyds topping the list of shame.

The Financial Services Authority (FSA) has defended its role in the LIBOR fixing scandal after being criticised by MPs.

Barclays' workplace savings division has linked with Aegon and Zurich to provide occupational pensions.

Barclays has said it will cut 3,700 jobs this year following a strategic review as profits plunge due to mis-selling claims.