Barclays is closing Woolwich Plan Managers as it rolls out its structured investment products on third party platforms.
Britain's banks face a financial black hole of up to £60bn from regulatory demands, hidden losses, and potential mis-selling costs that threaten to jeopardise future growth, the Bank of England has warned.
Barclays is the most attractively valued UK bank, offering the best potential for growth if it restructures its investment banking division, according to J.P. Morgan Cazenove.
Barclays have revealed its post-Retail Distribution Review (RDR) charges for advised clients.
Barclays has been fined $470m (£293m) by US regulators after having been found to have manipulated the American electricity market.
Barclays has revealed it is facing two new US regulatory investigations into its conduct, as part of its third quarter update that also revealed a pre-tax profit of £1.73bn.
A care home group is suing Barclays for £37m over the rigging of LIBOR in a landmark case which could force the bank to disclose the names of managers involved in the scandal.
Barclays has launched Retail Distribution Review (RDR)-ready share classes on its active and passive funds and discretionary offerings.
Barclays has put aside an extra £700m to compensate customers for the mis-selling of payment protection insurance, bringing total provisions to £2bn.
Barclays' wealth arm is in talks with the regulator about charging asset managers administration fees when their funds are recommended for private client portfolios.