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Barclays News

  • Five major UK banks in profit for first time since 2010

    All five major UK banks (Barclays, HSBC, Lloyds Banking Group, RBS and Standard Chartered) recorded a profit in the first half of the year, for the first time since 2010, according to a new report from KPMG. Combined profits of … Read more »

  • Early departure for Barclays’ group finance director

    Barclays has announced that its group finance director, Chris Lucas, will step down from the board on 16th August. As previously announced, Mr Lucas expected to leave the bank in February of next year but his departure has been brought … Read more »

  • Barclays makes oil & gas appointment

    Barclays has reaffirmed its commitment to the oil and gas sector with the appointment of Colin Couchman as a relationship director within its oil & gas team. In his new role, Mr Couchman will be responsible for the management of … Read more »

  • Senior management changes at Barclays

    Following a strategic review, Barclays has announced a raft of senior management changes within its corporate, investment banking, wealth and investment management divisions, and its business in the Americas. The changes also mean the promotion of new talent to the … Read more »

  • Banks fail on cash ISA advice

    Some of the UK’s biggest banks are failing to give the right advice when it comes to transferring and managing their cash ISAs, a new investigation by Which? claims. The consumer group recently made 180 calls to 15 leading banks … Read more »

  • Barclays makes corporate appointment

    Barclays has appointed Nicki Thomson as head of business services for corporate banking, replacing Mike Daniels who has been promoted to head of London corporate banking. Ms Thomson began her career in Oxford working for Barclays’ retail & business banking … Read more »

  • Barclays partners Aegon and Zurich on workplace pensions

    Barclays’ Corporate & Employer Solutions (C&ES) division is teaming up with Aegon and Zurich to provide a corporate pension platform. Supported by the administrative capabilities of Aegon and Zurich, the pension element of the new C&ES proposition will give savers … Read more »

  • Barclays to cut at least 3,700 jobs

    Barclays has announced the outcome of its strategic review of 75 business units, which will cost at least 3,700 jobs across the group. Job losses include 1,800 in corporate and investment banking and 1,900 in Europe retail and business banking. … Read more »

  • Barclays opens Beverly Hills office

    Barclays is opening a Beverly Hills office as part of continued efforts to grow its wealth and investment management business in the Americas. Located at 245 North Beverly Drive, the new office will be managed by Brian Sears, managing director … Read more »

  • Barclays makes board appointment

    Barclays has appointed Diane de Saint Victor as a non-executive director with effect from 1st March 2013. Ms Saint Victor is currently general counsel and company secretary of ABB Limited, the international power and automation technologies company based in Switzerland. … Read more »

  • Barclays seeks new finance director and general counsel

    Barclays’ group finance director, Chris Lucas, and group general counsel, Mark Harding, have decided to retire. Both will remain in post until successors have been appointed and the bank expects new appointments to take a considerable time, given the seniority … Read more »

  • No bonus for Barclays’ CEO

    Barclays’ chief executive officer, Antony Jenkins, has made it clear that he will not be receiving a bonus for 2012. Responding to “public interest” in his bonus prospects, Mr Jenkins said: “I do not wish to be considered for a … Read more »

  • Barclays strengthens charities team

    Barclays has strengthened its charities team with the appointment of Eleanor Cox as a new associate director. Ms Cox joins from Royal Bank of Scotland where she supported a portfolio of technology, media and telecoms clients. In future, she will … Read more »

  • Barclays secures tri-county contract

    Hertfordshire, Cambridgeshire and Northamptonshire County Councils have awarded a landmark contract to Barclays, having become the first county councils in the country to jointly procure banking services. According to Barclays, the joint contract should collectively save the councils at least … Read more »

  • Barclays hires 500th apprentice

    Barclays has hired its 500th apprentice, marking a milestone in the bank’s programme to help tackle youth unemployment. A further 500 will be recruited by June 2013 and meanwhile, a survey of the first batch of apprentices reveals that: 86% … Read more »

  • Hector Sants receives Knighthood

    Hector Sants, lately chief executive officer of the Financial Services Authority, has received a Knighthood in the New Year Honours 2013, for “services to financial services and regulation”. Earlier this month, Barclays appointed Sir Hector to the newly-created role of … Read more »

  • Barclays extends Post Office agreement

    Barclays has announced that its personal customers are now able to bank at Post Offices in Scotland and Northern Ireland. The bank already offers services through more than 10,000 Post Offices across England and Wales, with millions of transactions taking … Read more »

  • Barclays appoints US head of cash management

    Barclays has appointed Lincoln Fritz as head of cash management US within its corporate banking team, a new role based in New York. Mr Fritz will be responsible for driving the delivery of cash management services to multi-national companies, non-bank … Read more »

  • Hector Sants joins Barclays

    Barclays has appointed Hector Sants to the newly-created role of head of compliance and government and regulatory relations. Mr Sants stepped down as chief executive of the Financial Services Authority (FSA) in June of this year, having led an overhaul … Read more »