Barclays photograph

Barclays

Use attributes for filter !
Web site www.barclays.co.uk
Customer service00 44 24 7684 2100
HeadquartersLondon
United Kingdom
Ceo Jes Staley
Revenue21. 14 billion GBP (2018)
Subsidiaries Barclaycard
Barclays Investment Bank
Date of Reg.
Date of Upd.
ID532891
Send edit request

About Barclays


Barclays plc is a British multinational investment bank and financial services company, headquartered in London. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and investment management.

Bank bosses summoned to talks over savings rates

Bank bosses summoned to talks over savings rates
Jul 3,2023 5:30 pm

... Bosses at Lloyds, HSBC, NatWest and Barclays are to meet the Financial Conduct Authority (FCA) on Thursday...

Banks accused of 'measly' interest rates on savings

Banks accused of 'measly' interest rates on savings
Jun 8,2023 8:10 am

... In February, the chief executives of the four biggest banks in the UK - Lloyds, NatWest, HSBC and Barclays - Described as the highest-paid panel which had sat before the committee for some time - collectively earning more than £10m a year - the quartet of bank bosses argued that the debate incorrectly centred on the interest rate offered on easy access savings accounts...

Barclays-chief Jes Staley 'deeply regrets' sex offender link

Barclays-chief Jes Staley 'deeply regrets' sex offender link
Feb 16,2020 10:25 am

...Barclays chief executive, Jes Staley has the full confidence of the Board, the bank said, Barclays chief Jes Staley, said he was deeply its connection with sex-offender Jeffrey Epstein regrets ...

Bank of mum and dad 'one of UK's biggest mortgage lenders'

Bank of mum and dad 'one of UK's biggest mortgage lenders'
Feb 16,2020 5:40 am

... Barclays £23...

Barclays bosses 'paid Qatar secret fees'

Barclays bosses 'paid Qatar secret fees'
Feb 16,2020 12:34 am

...The former Barclays chief executive John Varley Senior Barclays Banker paid Qatar £322 m in secret fees during the financial crisis, in return for the bailout funds, heard a court on Wednesday...

Patisserie Valerie collapses into administration as rescue talks fail

Patisserie Valerie collapses into administration as rescue talks fail
Feb 15,2020 9:29 pm

... The largest shareholder and Chairman of the Board, entrepreneur Luke Johnson, to broaden the discussions, a Bar, a lifeline of HSBC and Barclays...

Barclays bosses 'paid Qatar secret fees'

Feb 15,2020 9:29 pm

Former Barclays chief executive John Varley

Senior Barclays bankers paid Qatar £322m In Secret fees during the financial crisis In Return for bailout funds, a court heard on Wednesday.

The case against four former executives has been filed by the Serious Fraud Office over Barclays ' £11. 8bn rescue.

The Bank avoided a UK government bailout in 2008 by raising funds from Middle Eastern investors.

The Executives are charged with conspiracy to commit fraud. All four have pleaded Not Guilty .

The Defendants are John Varley , The Bank 's former boss; Investment Banking executive Roger Jenkins ; Thomas Kalaris, head of The Bank 's wealth management business; and Richard Boath, former European Head of Financial Institutions Group at the lender's investment bank.

The Trial is expected to last from four to six months. The Four accused were all granted bail.

At the opening of The Trial , prosecutor Edward Brown told Southwark Crown Court that during the financial crisis, Barclays and other banks were "under sometimes extreme pressure to raise further capital".

He said Barclays was "very anxious" to avoid accepting UK government money, believing that this would place it under greater control and scrutiny from The Authorities .

He added: "It is no exaggeration to say that Barclays ' future as an Independent Bank was in jeopardy in September and October of 2008. "

Mr Brown said Barclays received about £4bn in investments from the Qatar Investment Authority and Qatar Holding during 2008.

In exchange, he said, The Bank paid fees to Qatar , some of which were additional commission fees that were hidden in two agreements described as Advisory Service Agreements.

These were More Than double the fees paid to other investors in The Bank , which he said "demonstrates that the Qataris drove a hard bargain".

While other, more junior bankers have been tried and even jailed in unrelated cases for their parts in the financial crisis of 2007-08, this is the First Time criminal proceedings against senior executives have been brought.

The Trial continues.



barclays, companies, financial crisis of 2007-08, banking, serious fraud office

Source of news: bbc.com

Related Persons

Next Profile ❯