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Barclays

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Barclays Plc is reportedly exploring a potential merger with rivals, including Standard Chartered. No formal or information bid was made, the Financial Times reported …

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Disneyโ€™s new star wars โ€“ BB-8 droid toyย will be rolled out soon into your living room by this holiday season. The robot that looks …

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Goldman Sachs will settle Forex lawsuit by private investors for a sum of $130 million. The lawsuit accused traders at dozen banks for rigging …

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William C. Dudley, president of the Federal Reserve Bank of New York, has warned banks to change the way employees are compensated and to …

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Citigroup, Bank of America, Goldman Sachs Group, Barclays, HSBC and Royal Bank of Scotland are among 13 banks whose units were sued for $1.15bn …

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The just-issued Salz report much criticized the culture and management practices of Barclays which led to damage of the bankโ€™s reputation. The report vowed Barclays to introduce more changes, including keeping salaries and bonuses in check, in order to regain the social trust.

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Simon Walker, the director general of the Institute of Directors, sharply criticized UKโ€™s banks such as Barclays and Royal Bank of Scotland for offering excessive employee compensation in the form of wages and bonuses. Moreover, Simon Walker has underlined that UKโ€™s banking industry is being harmed by bankersโ€™ short-term self interest as banks are breaching the bonus cap formulated by the European Union

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Mouchel Group Plc. informed that it had agreed to restructure the company. The restructuring will give Mouchelโ€™s lenders a majority interest in the infrastructure firm. In addition the company agreed to delist itself to avert an impending debt default. A consortium of banks, consists of Royal Bank of Scotland, Lloyds Banking Group and Barclays, will take control of Mouchel.

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