Barclays

Barclays has confirmed that it is in the process of training its telephony staff to offer mortgage advice in order to phase out non-advised sales.

Barclays has threatened "substantial" job cuts in its London investment bank, ahead of a review of its operations by new chief executive Antony Jenkins.

More than 100 current and former employees of Barclays have lost their fight for their identities to be concealed in an upcoming court case centred on the alleged rigging of the LIBOR interest rate.

Barclays is at the centre of further scandal after a senior executive quit following revelations he shredded a report which said part of the bank was "out of control".

The scale of the fine due to be levied on the Royal Bank of Scotland (RBS) for its attempts to manipulate the Libor interest rate could be as high as £500m, according to reports.

Global equity markets have eased back from last week's highs despite European financials rallying after regulators softened proposed new rules.

Senior MPs want to call former Financial Services Authority (FSA) chief executive Hector Sants before the banking standards commission to explain how he will overhaul Barclays' troubled culture.

Ashcourt Rowan has appointed a new group head of marketing as part of its national expansion plans.

Barclays could slash as many as 2,000 jobs from its investment banking arm as part of a broad restructuring of the company.

The Financial Services Authority (FSA) has agreed to implement a six month maximum time scale for banks to complete their review and offer redress over interest rate swap mis-selling.