Barclays Stockbrokers has revealed its clean pricing structure, introducing an AMC of 0.35% as it becomes the latest platform to undercut Hargreaves Lansdown's headline charges.
The Financial Conduct Authority (FCA) is urging thousands of small firms affected by the interest rate swaps mis-selling scandal to hurry up with their compensation claims or risk missing out on money due to them.
Banks' redress payments to customers embroiled in the interest rate swap mis-selling scandal surged to £158.6m in December, putting most banks on track to reach their projected review targets.
The European Commission has collectively fined 6 international financial institutions €1.7bn (£1.4bn) for their involvement in the manipulation of benchmark rates.
A number of asset managers stand to double their market share if they are prepared to be aggressive on super clean pricing, according to research from Barclays.
Barclays is to cut 1,700 UK branch jobs from 2014 as customers move online for services.
Barclays' head of compliance Sir Hector Sants will not be returning to the banking group after taking three months' leave in October due to stress.