Barclays

The Financial Conduct Authority (FCA) has fined Barclays a record £38m for failing to adequately protect clients' custody assets worth £16.5bn.

John McFarlane, the chairman of insurer Aviva, has left the business to become chairman of banking group Barclays.

Prudential has topped the Financial Ombudsman Service's (FOS) list of most complained about pension firms after consumer gripes against the firm were up 2% on the previous half year.

Barclays said today its underlying profits for the first half of the year had fallen 7% after a drop in investment bank revenue, while it also reported another huge bill to compensate PPI customers.

High street banks are using Wonga-style bullying letters to chase customers for payments.

US prosecutors have hit Barclays with fraud charges which claim the British lender lied to investors about its dark pool electronic trading operations.

Retirees need to bring home £17,500 a year to secure a "relatively modest but comfortable" retirement, according to research from Barclays.

Chief executive of Barclays Wealth and Investment Management Peter Horrell is to leave the company at the end of the year.

D2C Platforms attempting to undercut Hargreaves Lansdown via lower fees have not made "significant enough" reductions to lure clients away, analysts at Barclays have said.

Asset managers are likely to engage in a "fundamental rethink" of their retail strategies as more customers go direct in future, according to analysts at Barclays.